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Over the past several years, major retailers have expanded their Black Friday shopping hours and some are even open on Thanksgiving Day. However, some don’t think stores should be open on the national holiday, so workers can spend time with their families. In fact, a survey conducted by 301
Boarding a flight can sometimes be a long process, and if you’re flying internationally, it can take even longer. However, thanks to new technology, you can soon say goodbye to those long wait times. It's called facial biometrics, and essentially, travelers’ faces are their boarding passes. One of the companies behind the facial recognition technology at the airport is SITA. A machine scans the traveler’s face right before you board, ensuring the right people are getting on the plane. "There is an element of enhanced confidence in your flight about who is on your flight from this activity," says Janice Kephart, former National Security Director says. That's because U.S. Customs and Border Protection, along with SITA, uses your face against terror watch lists and illegal aliens. "In the first two months, we've got 62 imposters that we could’ve missed, because human beings are pretty lousy when it comes to determining imposters," says Colleen Manaher, executive director of U.S. Customs and Borders Protection. Manaher says biometric technology is enhancing traveler safety and convenience at airports around the country. The agency hopes one day TSA will jump on board with using facial biometrics. The new technology is currently being used at airports in Miami, Orlando and Atlanta. 1316
"It's weird being a 16 year old these days," Reid Sotkin said. You could say Sotkin is just your average kid. He's a junior at Jenks High School who likes to hang out with friends. And oh, by the way, he's an investment guru."I just googled what books Warren Buffet recommended and that's kind of how I got my start," Sotkin said.One of his favorite books?"Actually this book right here," he said. "'The Intelligent Investor' taught me quite a bit."Sotkin is so passionate about investing, he's become a source of advice for friends young and old."I started investing myself and then all my friends started asking me what they should invest into and stuff," he said.Now, he's combining his love of investing and his passion for coding to develop an app to teach people how to invest wisely."There's a feature on the app where you put in your salary and how long until you retire, all your bills and everything," Sotkin said. Sotkin's app, "Calculating The Future," is an award winning app."It tells you how much you have to put in each month into each of them and it tells you how much money you'll have when you retire," he said. Sotkin appeared before a panel of judges on a Zoom call, answered all kinds of questions, and won the 2020 Congressional App Challenge."I guess they just chose me to win and then Congressman Hern gave me a phone call one afternoon. Yeah, I was pretty surprised," he said. Sotkin puts his money where his mouth is. He plans on living comfortably. So, he's investing now."I do a couple hundred dollars every month," Sotkin said. "So, I just do that so that way I'll have a couple million dollars by the time I retire just sitting in the background."During our Zoom interview, I just couldn't resist getting some advice about my own investment advisor, 2 Works For You's Chief Meteorologist Mike Collier."He's kind of been giving me some stock tips and they've been kind of terrible," I said as Sotkin laughed. "So, give Mike some advice on how he should invest in the stock market.""Basically, unless you're very smart and spending a lot of time, you're not going to beat the market," Sotkin said.Sotkin said he likes the S&P500. It represents 500 very reliable companies."That's gone up an average of 9.8% since its inception," Sotkin said. "That's the way to go. Just put it in index funds and let it accumulate over 30, 40, 50 years."The future is looking bright for this young entrepreneur and it could be for you, too. Sotkin said it's all about starting early, being consistent, and taking advantage of compound interest."Do you mind if I ask about your net worth right now," I asked."Yeah, but ah... I don't want to say right now," he answered.This story originally reported by Mike Brooks on KJRH.com. 2763
Las Vegas is one step closer to having a high-speed train between the Las Vegas Strip and California. On Tuesday, Las Vegas city and economic leaders at the Nevada Economic Development Conference talked about the railroad service that would connect more than 22 million people. Talks of a rail service date back to the late 90s, but Virgin Trains USA says it's now ready to move forward because its current routes in Florida have been a success and it has a model to follow. "We're looking to start construction in 2020," says Bob O’Malley the vice president for Virgin Trains USA.RELATED: 619
At the age of 22, Purdue University graduate Andrew Hoyler accomplished his goal of becoming a pilot. But in doing so, his debt took off. He took on 4,000 in student loan debt. “It was tough to look forward to the future, just because 4,000 clouding over your head is not something that anyone wants,” he says. As a new pilot, he brings less than ,000 a month after taxes. Yet, less than two years after he graduated, he's been able to pay off more ,000. “Looking back, it's crazy that it's already come this far and that I’ve been able to pay off this much, but it hasn't been without sacrifice,” Hoyler says. Those sacrifices include living at home with parents, skipping out on vacations with friends and using a large chunk of a ,000 signing bonus to pay down his debt.“It was a little rough putting most of that towards the student loans,” he says. “But here today, I'm happy I made that decision and didn't go out and buy a new car.” Hoyler says he also uses his tax refunds to help pay down his debt. It's something anyone who gets a refund can do, whether it's for student loans, car payments or credit cards. “For many Americans, the biggest windfall they get all year is a tax refund, so this time of year, that is a great opportunity to really take out a big chunk of your debt,” says Arielle Oshea, a personal finance expert with NerdWallet. Oshea says for Americans struggling with debt, taking small steps like cutting cable, skipping eating out or not going shopping can add up.“Small amounts seem like they're going to be a drop in the bucket compared to your debt balance in many cases. But when you add them together and you make a cut here and make a cut there, and you maybe bring in some extra income, all of that adds up and it can very quickly lead to you being able to make bigger payments on your debt every month,” Oshea says. As Hoyler proves, small sacrifices can lead to a big payoff. 1940