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Kelly Cloonan
Kenneth Niemeyer
Latest Stories
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
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
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
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
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
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
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
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
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
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
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
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
4 mins read
A millennial dad's $0 student-loan payments gave his family some breathing room. Then courts blocked Biden's repayment plan leaving 8 million borrowers like him in limbo.
Alan Pedrick, 41, is worried he'll have to cut back on his kids' after-school programs if the SAVE …
Ayelet Sheffey
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
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
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
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
4 mins read
A millennial who's been looking for a job for over 4 years says his degrees have offered little value: 'I can't get anything even at minimum wage'
A millennial has been looking for a job since 2020 but can't get hired. He says his college degrees…
Jacob Zinkula,Andy Kiersz
3 mins read
Wages have outpaced inflation since 2020 but many consumers still feel burdened by prices
On average, wages have outpaced inflation since the pandemic, but even with those gains, plenty of …
John Towfighi
5 mins read
A 70-year-old 'cool old lady' is living it up in retirement because of her 'good government job' — and all the senior discounts she's found
Carole Cole, 70, loves her retirement freedom and financial stability. She went to Virginia for a m…
Juliana Kaplan
2 mins read
China released a 22,000-character plan for its economy that doesn't say very much
David Lubin, a senior research fellow of global economy and finance at Chatham House, said the plen…
Huileng Tan
2 mins read
Why a majority of Americans think the economy is already in a recession
Three of five Americans surveyed by Affirm say the US is in a recession. On average, most think it …