Job Hopping Advantages, Nvidia Scandal and More of Today’s Top Money News
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Gary Dudak
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Hello dear readers, and happy Monday. As the days get shorter yet more packed with holiday spirit, rest assured that I am still here dishing out some of the top financial stories out there for you. Don’t miss out.
The Big Lead: Want To Earn More Money? Job Hopping Can Boost Your Pay by More Than 30%
Pay raises of 30% or more are nearly twice as common among people who switched jobs more than three times in five years vs. those who didn’t switch at all, according to a new analysis. Why does frequent job hopping boost your pay by nearly one-third? Keep reading to find out.
Business Spotlight: Nvidia
A CEO sex scandal is never good for business, but when it allegedly involves a businesswoman who intelligence agencies say is a Chinese spy, things get even more complicated. That’s exactly what is going on at Nvidia today, as the tech giant launched an investigation into CEO Jensen Huang’s admitted affair. Stock prices have fallen 5% as a result, and further fallout remains to be seen.
Good To Know: How To Start Spending Your Retirement Savings
Among people 50 to 75 who are within five years of retiring, 58% fear running out of money in their defined contribution plan. Here’s how to begin tapping your nest egg responsibly, courtesy of AARP.
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