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John Towfighi
Allie Kelly
Latest Stories
6 mins read
More Gen Zers are ditching college, and they want better guidance on how to succeed without it
A Gallup survey found that, even as a growing number of Gen Zers choose to skip college, their high…
Ayelet Sheffey
8 mins read
Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.
Some baby boomers who hoped to retire are instead draining their savings and cutting costs on food,…
Juliana Kaplan,Noah Sheidlower
4 mins read
Why Japan is one of the only countries that isn't fed up with housing costs
Some experts have pointed to Japan, where housing costs are lower than peer countries, as a potenti…
Jacob Zinkula,Eliza Relman,Ma…
4 mins read
There are 2 kinds of cities right now. It explains why you hate your downtown.
Some struggling downtowns are relying on tourism to bounce back from the pandemic. That might be a …
Eliza Relman
7 mins read
JD Vance's childcare plan ticked off some parents and grandparents. There's a way to fix it.
After JD Vance suggested grandparents help out more with childcare, many BI readers reached out exp…
Ayelet Sheffey,Juliana Kaplan…
3 mins read
Pets, sports, and Disney might end up rescuing China's ailing consumer economy
China's pets, sports, and cultural IP economies are poised for rapid growth, with supply currently …
Kelly Cloonan
2 mins read
The Fed needs to 'start getting out of the way' and deliver a big rate cut next week, famed economist Claudia Sahm says
Sahm reiterated that her namesake rule is flashing a false signal because the jump in unemployment …
Matthew Fox
2 mins read
The US will enter a mild recession as the economy deflates after its boost from unproductive stimulus cash, former Commerce Secretary says
Most of the stimulus cash deployed during the pandemic was "unproductive," which fueled inflation, …
Jennifer Sor
4 mins read
The illegal maneuvers the rich use to get richer
One white-collar defense attorney told BI there are "routine" schemes that the wealthy "often endea…
Natalie Musumeci
1 min read
China to raise its retirement age for the first time in decades
China will gradually raise its retirement age in response to an aging population and shrinking work…
Nora Redmond
3 mins read
The US drinking age law could be a model for fixing the housing crisis
Some housing experts say Washington needs to take a more creative approach to encourage states to b…
Eliza Relman
2 mins read
Xi may be holding back on economic stimulus because of Trump's tariff threat, an economist says
Republican presidential candidate Donald Trump said in February he would slap tariffs of over 60% o…
Huileng Tan
3 mins read
Judge considers revoking guilty plea of FTX executive Ryan Salame, accusing him of lying under oath
An associate of Sam Bankman-Fried tried to withdraw his attempted withdrawal of his guilty plea. It…
Jacob Shamsian
2 mins read
Student-loan borrowers are getting $100 million in payments after being 'cheated' out of lower bills by a major lender, a federal consumer watchdog says
Student-loan company Navient is barred from servicing federal loans in a settlement it reached with…
Ayelet Sheffey
2 mins read
You may not have noticed your big-ticket purchases are getting cheaper
Prices for some less-frequent purchases like furniture, cars, and cellphones have plummeted in the …
Noah Sheidlower
2 mins read
Cooling jobs data might beat out inflation in forcing the Fed to deliver a big rate cut, Goldman Sachs CEO says
Most investors see a 25 basis point cut on the horizon, but Goldman's David Solomon says a bigger m…
Kelly Cloonan
1 min read
The newest expenses Americans are cutting back on to save money: Travel, clothes, car insurance, and DIY projects
In 2022, despite rising prices across the economy, many Americans decided that shelling out on expe…
Jacob Zinkula
2 mins read
Putin wants to retaliate against Western sanctions with commodity export curbs — but Russia needs the money, too
Putin recognizes the risks in export curbs, which he said could "harm us."
Huileng Tan
3 mins read
A Marine vet fatally subdued a screaming man on a NYC subway. Now, a secret video has emerged — but there's a catch.
It's been a year since a young Marine veteran fatally subdued a screaming man on a NYC subway. Now,…
Laura Italiano
2 mins read
How plunging oil prices could help the US avoid recession
Cheaper energy reduces cost burdens in manufacturing, construction, and agriculture, among other ec…
Filip De Mott
2 mins read
Delinquent debt is piling up. Here's why it's not a reason to worry about the US consumer, according to BofA CEO Brian Moynihan.
More credit card debt and car loans transitioned into late payment status last quarter, per the New…
Jennifer Sor
3 mins read
Bill Gates and other billionaires can learn from MacKenzie Scott's giving, a philanthropy expert says
Billionaire philanthropists may tackle problems that governments won't, but they could give better …