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stanley italia ans, 59%, believe money can buy happiness, but the exact dollar figure needed depends on who you ask, according to a survey byEmpower, a retirement planning company.The survey also shows a major generational divide on t
stanley mug he topic of income.Millennials say an annual income of $525,000 would bring them happiness. That s much higher than other generations, including Gen Z, Gen X and Baby Boomers, who each say they would need around $125,000 a year to be happy.In addition to a generational divide, men and women think
stanley us very differently about money. The survey shows men would need to earn $381,000 a year to be happy, while women say $183,000 annually would bring them happiness.SEE MORE: Which way is the US economy going For most people, achieving financial happiness isn t about being able to go on luxury vacations and shopping sprees. The people surveyed are more focused on addressing everyday milestones. About 65% of people said they just want to be able to pay their bills on time and live debt-free.People were asked what they would give up to achieve financial happiness. Nearly 75% said they would give up social media and big-ticket events for that peace of mind. However, money isn t everything for most people. Only about 20% of people would be willing to give up love or their pets for financial happiness.Trending stories at ScrippsnewsWhat to do if you forgot to thaw your Thanksgiving turkeyFarmers who grow barley and hops having to adapt to climate changeListeria outbre Rgph Canada wildfire smoke is affecting 70M US residents
Stocks recovered from big early losses Monday as investors jumped in before the closing bell. The Dow Jone
stanley cup s Industrial Average swung 1,217 points and closed up 0.3% after dropping 1,000 points as investors anticipated inflation-fighting measures from the Federal Reserve and fretted over possible conflict between Russia and Ukraine. Benchmark indexes flirted with near 4-month lows as the market readies for the Fed to raise interest rates to tame inflation, which is at its highest level in nearly four decades. Retailers notched some of the biggest gains: Gap jumped nearly 8%.The stock market extended its three-week decline and put the benchmark SP 500 on track for a so-called correction 鈥?a drop of 10% or more from its most recent high. The price of oil and Bitcoin fell, and so did the yield on 10-year Treasury notes, a sign of investor concern about the economy.The steady decline in stock prices has come as the Fed has signaled its readiness to begin raising its benchmark short-term interest rate in 2022 to try to tame inflation, which is at its highest level in nearly four decades.The Fed s short-term rate has been pegged near zero since the pandemic hit the global economy in 2020 and that has fueled borrowing and spending by consumers and businesses.But rising prices at supermarkets, car lots and gas stati
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stanley cup oncerns that consumers will pare back spending to limit the pressure on their budgets. Companies have warned that supply-chain problems and higher raw
