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Natalie Musumeci
21 May 2024, 04:22
The fraud trial of Ozy Media cofounder Carlos Watson has begun. His attorneys have argued race played a role in his indictment.
Federal prosecutors accuse Carlos Watson of orchestrating a scheme to defraud investors and lenders of tens of millions dollars.
Filip De Mott
21 May 2024, 03:55
'We're not about to fold': Janet Yellen says efforts are underway to package a $50 billion loan to Ukraine using frozen Russian funds
"I think we see considerable interest among all of our partners in a loan structure that would bring forward the stream of windfall profits."
Jacob Shamsian,Laura Italiano
21 May 2024, 01:25
Michael Cohen testifies it would be better for him financially if Trump gets acquitted: 'It gives me more to talk about'
Donald Trump's not getting convicted would give Michael Cohen more to talk about on his podcast, Cohen testified.
Grace Eliza Goodwin
21 May 2024, 00:36
Heiress' lawyer accused of embezzling millions, using her like a 'human ATM'
David Sutherland, a lawyer for Carhartt heiress Gretchen Valade, is accused of embezzling millions of dollars from the woman's trusts.
Noah Sheidlower
20 May 2024, 23:20
Here's how much money you need to make to be middle class in each US state
A Business Insider analysis finds varying income levels between states that qualify as middle class, lower class, and upper class.
Theron Mohamed
20 May 2024, 22:32
Recession seems almost certain with 19 states in trouble already, expert warns
A top economist, Nancy Lazar, expects stricter bank lending and steeper interest rates to crush growth by hammering consumers, businesses, and stocks.
Ayelet Sheffey
20 May 2024, 17:31
A Gen Xer who went back to school in her 50s explains why taking on student loans to advance her career was worth it — even if it means retiring later
Kris Neilson, 59, felt her bachelor's degree wasn't helping her earn more money and progress in her career, so she decided to get her MBA.
Huileng Tan
20 May 2024, 07:55
The West can't completely isolate Russian banks because it would be disastrous beyond Russia
The West could still block the access of all Russian banks to SWIFT — but it would come with major fallout.
Alex Bitter
19 May 2024, 18:36
I used bots to work for Instacart. You need one to make the job worthwhile.
One Instacart shopper says bots like Lucky and ShopperX have helped him get bigger orders, faster. "If you can't beat them, join them," he said.
Ayelet Sheffey
19 May 2024, 17:22
A boomer couple that was 'watching every single penny' they spent in the US moved to Portugal 2 years ago — and money isn't a concern for them in retirement anymore
Ann, 67, moved with her husband to Portugal after scraping together money to pay their expenses in the US. Their quality of life is much better now.
Allie Kelly
19 May 2024, 17:22
A rural Kansas county wants remote workers to move there. It's giving new residents $4,500 cash, an internet stipend, and fresh eggs.
Looking for a change? A rural county in Kansas is offering $4,500 cash and other perks for remote workers looking to relocate.
Kenneth Niemeyer,Katie Balevic,Peter Gelling
19 May 2024, 17:21
Conservatives are fighting guaranteed basic income programs using a surprising argument: They aren't universal
Conservatives groups are attacking guaranteed basic income programs for being discriminatory.
Juliana Kaplan
18 May 2024, 22:11
To feel middle class, you have to be wealthy
Middle-income Americans aren't middle-class; that's reserved for the rich now.
Katie Notopoulos
18 May 2024, 18:00
For working moms, it's some good news and some bad news
The cost of childcare is higher than ever, and more moms are working. What's going on?
Jacob Zinkula,Madison Hoff
18 May 2024, 17:36
Why Americans' confidence in finding a new job is tanking even as the labor market is humming along
Americans are the most pessimistic they've been in years about their chances of finding a new job if they lost their current one, a survey suggests.
Eliza Relman
18 May 2024, 16:49
Low-income Americans wait years to get housing vouchers that are often impossible to use. Fixing the system could mean more funding and less red tape.
Just 60% of voucher recipients nationwide actually use their vouchers to secure housing, which shows how difficult the benefit is to use.
Noah Sheidlower,Kathleen Elkins
18 May 2024, 16:21
Millennials have a fresh take on the FIRE movement, and it's less about taking it easy in retirement
As part of the FIRE movement, many millennials are looking to achieve financial independence but aren't hoping to retire early.
Jennifer Sor
18 May 2024, 00:55
Why the Fed may want to cut rates to tame inflation, according to BlackRock's bond chief
"I would lay out an argument that actually, if you cut interest rates, you bring down inflation," Rieder said.
Allie Kelly
17 May 2024, 22:45
Meet the HIFIs: Their obsession with luxury will tank them
HIFIs are predominantly made up of millennials and Gen Zers who want to exude quiet luxury but can't keep up with their lifestyle creep.
Theron Mohamed
17 May 2024, 22:20
China just unveiled the strongest remedies yet for its troubled housing market
Beijing is removing floors on mortgage rates, offering cheaper housing loans, and reducing minimum down payments to stimulate China's property market.
Emily McCrary-Ruiz-Esparza
17 May 2024, 20:40
The white-collar recession means there are fewer $100K jobs — and women are landing them more often than men
Fewer people are being hired for $100k jobs. While women are less likely than men to apply, they're more likely to be hired for high-paying roles.
Jacob Zinkula
17 May 2024, 18:35
A millennial who's been applying to jobs for a year says he's encountered ghost jobs and scammers in his struggle to find a remote role
A Utah-based millennial was laid off from his tech job soon after he learned about a worrying health concern. He's struggled to find a job ever since.
Huileng Tan
17 May 2024, 16:30
Chinese shoppers are buying less than they used to — but they're spending on experiences
China's property market was still struggling as April new-home prices fell at their fastest pace in more than nine years.
Filip De Mott
17 May 2024, 02:45
Jamie Dimon says inflation is worse than people think, and that the market is too optimistic about a soft landing
"Inflation may not go away the way people expect it to," the JPMorgan CEO said, adding: "There are a lot of inflationary forces in front of us."
Jennifer Sor
17 May 2024, 00:15
The consumer slowdown is here and its flashing a recession warning for the economy
American consumers - the backbone of the resilient US economy in recent years - appear to be winding down their wild spending spree.
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