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4 mins read

How Elon Musk could benefit from a second Trump presidency

Elon Musk's companies, including Tesla, SpaceX, and X, are being sued or probed by federal agencies…

Jacob Shamsian   


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2 mins read

Thailand plans to give $275 cash handouts to 50 million low-income citizens

Thailand plans to spend $13.7 billion giving cash handouts to 50 million people in a bid to stimul…

Kenneth Niemeyer   


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4 mins read

Your company's AI spending spree could cost you your job

Huge AI investments are costing some workers their jobs as companies change their spending prioriti…

Jacob Zinkula   


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2 mins read

Russia's business elites signal they are tired of propping up the wartime economy

Russia's key interest rate already stands at 16% and analysts polled by Reuters expect the central …

Huileng Tan   


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4 mins read

Retiring at 50 has long been a guarantee for parts of China's working class — until now

Women in China's working class get to retire at 50 and collect pension checks, but the country is r…

Matthew Loh   


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3 mins read

Boomers who want to transfer wealth to their adult kids should make sure their finances can pass a stress test

Some baby boomers are proactively passing down wealth, but a wealth manager says they should make s…

Kelsey Vlamis   


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1 min read

Ozy dropped its lawsuit against Semafor founder Ben Smith after CEO Carlos Watson was found guilty of fraud

Ozy cofounder Carlos Watson was found guilty of a multimillion-dollar fraud scheme this month.

Jacob Shamsian   


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2 mins read

The US job market is close to the 'danger zone,' famed economist Claudia Sahm says

The job market's highly accurate recession indicator is close to triggering its warning on the US e…

Jennifer Sor   


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2 mins read

The Gateway Pundit just had its bankruptcy dismissed. Now, the far-right blog will face defamation lawsuits that threaten its future.

The Gateway Pundit tried to use bankruptcy to end its defamation cases. A judge refused to allow it.

Jack Newsham   


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3 mins read

The Biden administration is giving entrepreneurs a shot at loans up to $2 million for climate-focused projects

The SBA is increasing its maximum loan amount for climate-focused projects as part of the green len…

John Towfighi   


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2 mins read

It may already be too late for the Fed to stop a recession, former central bank president says

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnec…

Filip De Mott   


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2 mins read

The US economy grew way faster than expected this spring

US real GDP blew past expectations in this year's second quarter. It rose 2.8% compared with a fore…

Madison Hoff   


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4 mins read

Pop stars got millions in pandemic aid that raised red flags for their accountants but they took the cash anyways

Top accountants for superstar musicians at NKSFB worried their clients could not legally claim COVI…

Jack Newsham   


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3 mins read

A boomer living on $1,680 Social Security and SNAP struggles to afford food: 'It has kept me very isolated.'

Rita, 68, lives in Pekin, Illinois on $1,680 a month in Social Security. Without savings, she strug…

Allie Kelly   


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3 mins read

A California millennial shares how he made nearly $200K secretly working multiple jobs. He said he only worked 20 hours a week.

Making nearly $200,000 secretly working multiple remote jobs gave a millennial the confidence to st…

Jacob Zinkula   


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5 mins read

Parisian Airbnb hosts are raking it in this summer as hotels suffer

A surge in Airbnb listings in Paris is likely helping keep hotel prices down.

Eliza Relman   


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10 mins read

Credit card rewards are turning us into jerks

The battle to rack up credit-card rewards is turning friends against each other.

Emily Stewart   


Ayelet Sheffey   


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2 mins read

A Florida Lyft driver explains how he picks which rides to take to make the most money

A Lyft driver in Florida said he focuses on scheduled rides as well as driving larger groups of peo…

Alex Bitter   


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2 mins read

Why immigration is boosting the US economy, according to Nobel economist Paul Krugman

Immigration could help the economy grow another $7 trillion over the next decade, the CBO estimated.

Jennifer Sor   


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2 mins read

Russia's war-driven economic growth is a mirage, and more sanctions are needed to keep pressure on, European finance ministers say

"When taking a closer look at the signals, it becomes clear that everything is not as rosy with the…

Filip De Mott   


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4 mins read

A 'peak boomer' working in Germany plans to retire in the US because he believes the healthcare is better

A boomer plans on moving back to the US when he retires because of Medicare benefits.

John Towfighi