6 things to know before investing in a brokerage account
From knowing how much you have in savings to understanding the tax implications that come with investing.
Read more…More than half (55%) of American workers are at least a little scared that they will lose their job to artificial intelligence (AI), according to a survey conducted as part of Finder’s quarterly Consumer Confidence Index.
But the degree to which people fear AI taking over jobs varies. At one end of the scale of fear, some are either extremely (13%) or very concerned (11%) about what AI in the workplace means for their future job security, compared to those who might be more apprehensive about the role that AI will play in the future rather than outright terrified: somewhat (18%) and slightly concerned (14%). Finally, there is a solid amount who are not concerned at all at 45%.
Only 35% say they are not worried about AI’s impact on their jobs compared to 51% of women.
Gen Z (67%) and gen Y (61%) are by far the most concerned about artificial intelligence taking over and impacting their job prospects, compared to 45% of gen X and just 27% of baby boomers.
Those living in the West are most fearful about AI and the future of work at 67%, compared to just 52% in the Midwest.
Those who are employed full-time are the most likely to report extreme concern (14%) about the rise of AI, compared to just 7% of those working part-time.
Those already worried about being laid off in the next 12 months are also concerned about artificial intelligence taking over jobs, with 77% expressing concern.
The top three industries concerned about AI’s impact on jobs are agriculture (86%), marketing and communications (73%) and arts, entertainment and recreation (65%). Whereas just 40% of those working in legal services expressed any concern.
What makes these figures all the more worrying is that a combined 17% said they would only be able to live off their savings for a week or less if they lost their job tomorrow, with 11% saying they’d last under a week. And just where 22% said that they were investing their money in high-interest savings accounts.
Richard Laycock, Insights editor and senior content marketing manager
From knowing how much you have in savings to understanding the tax implications that come with investing.
Read more…You have so many banking options, so make sure yours offers the strongest perks.
Read more…The $500 Axos Bank bonus is now expired, but you can still earn $50 per qualifying referral, plus up to $400 with a new business account.
Discover only offers a bonus on its savings account, and it has a high deposit requirement. See how to get it here.
Earn a checking account bonus of $200 by getting the Upgrade Card and making 3 qualifying transactions.
Fifth Third Bank currently offers a $300 checking account bonus when you open a new account and set up qualifying direct deposits.
Earn $25 with Varo by referring a friend. See the fine print on how to earn this bonus here.
One of PNC’s best bonus offers is its $400 direct deposit bonus. But if you don’t meed the criteria, there are other ways to earn cash.
Chime offers a competitive $100 referral bonus and a $100 direct deposit bonus when you meet certain requirements. See details here.
SoFi offers several bonus offers, including a direct deposit bonus, welcome offers and referral bonuses. See how to snag up to $300.
Tracking the Fed funds rate from 1954 to now.
Instant sign-up bonuses with no deposit are not typically offered. However, these bank account bonuses have easy requirements.