Economy

Economy 2023-09-04T15:49:38Z

A mom took out over $77,000 in student loans to send her son with autism to college. He got his debt wiped out — but she's still paying hers off with no end in sight.

Marsha Wipperman wanted to give her son the best life possible, even if it meant taking on parent PLUS student loans. Now she just wants relief.
Economy 2023-09-04T14:34:10Z

Kevin O'Leary warns of economic chaos, with the Fed's aggressive rate hikes set to crush small businesses

The "Shark Tank" investor is worried about the impact that the central bank's tightening campaign could have on small businesses.
Economy 2023-09-04T14:24:25Z

ChatGPT may be coming for our jobs. Here are the 10 roles that AI is most likely to replace.

It's getting clearer that AI like ChatGPT could displace white-collar workers the most. Here are the positions that could see the biggest change.
Economy 2023-09-04T13:01:00Z

A 22-year-old making $144,000 from 2 full-time remote jobs explains why he's willing to take the risk — and shares 5 strategies for getting away with it

The Gen Zer secretly works two full-time remote jobs. He said he uses five strategies to juggle both roles and not get caught.
Economy 2023-09-04T10:54:19Z

Never mind deflation and the property crisis - a brain drain could be the next big threat to China's economy

Net emigration has jumped in recent years, with tens of thousands of wealthy people choosing to leave China.
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Economy 2023-09-04T10:50:01Z

A millennial who bought his first rental home at 23 explains the one costly mistake first-time homebuyers should avoid

Ryan Chaw, 31, worked long hours so he could buy a home in his twenties. It paid off, but he made one big homebuying mistake.
Economy 2023-09-04T10:30:01Z

Why student-loan borrowers could face a 'perfect storm' of obstacles once payments resume next month

From bureaucratic hurdles to a lack of broad student-loan forgiveness, experts told Insider borrowers are facing a tough repayment road ahead.
Economy 2023-09-04T09:38:10Z

One economist still feels a recession is looming — because corporate borrowing costs could shoot up, thanks to rising interest rates

About a quarter of US investment-grade debt is maturing from 2023 to 2025, Bloomberg reported, citing data from Fidelity.
Economy 2023-09-04T04:08:51Z

Russia says it will not let foreign banks exit the market easily — unless they unfreeze Russian assets

President Vladimir Putin's regime continues to impose an increasing number of punitive measures on companies trying to exit the Russian market.
Economy 2023-09-03T19:49:28Z

7 ways to use ChatGPT at work to make your job easier

OpenAI's ChatGPT can help you analyze data, write code, schedule tasks, and even land your next job.
Economy 2023-09-03T10:30:01Z

A remote worker's employer said he had to live near the office. So he took a $35,000 pay cut in exchange for his work-from-home freedom.

Jay faced a tough choice: live less than two hours from the office, or take a new job with a pay cut.
Economy 2023-09-02T11:30:01Z

Student-loan borrowers are facing new bills next month — but minor paperwork errors and lost payments are causing 'a lack of clarity about absolutely anything'

The student-loan payment pause might be over, but some borrowers still don't know what their monthly payments will look like in October.
Markets 2023-09-01T16:08:55Z

It's not just about 'location, location, location' anymore - housing market priorities have shifted

A home's neighborhood is no longer the top priority for house hunters, a Fannie Mae survey found.
Economy 2023-09-01T15:36:48Z

The US jobs market stayed strong in August

The labor market was robust, adding 187,000 jobs in August. The job growth in August was greater than the growth in July.
Economy 2023-09-01T14:18:40Z

The White House blasts Marjorie Taylor Greene for risking Americans' 'high stakes needs' by saying she'll only vote to fund the government if Congress moves forward on impeaching Biden

Along with an impeachment inquiry, Rep. Greene said she will not vote to prevent a government shutdown unless funding for Ukraine is cut.
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Economy 2023-09-01T11:32:43Z

Huge government spending is undermining the Fed's inflation battle, markets guru Larry McDonald warns

"Washington is stepping on the gas and the brakes at the same time," the Bear Traps Report founder said on Thursday.
Economy 2023-09-01T10:30:01Z

Companies are shuffling people around more than they were a year ago. Here's how to know what your reassignment really means.

Companies are reassigning many roles within their organizations. Here's what that usually means for you as you navigate the corporate world.
Economy 2023-09-01T10:03:01Z

Millions of student-loan borrowers' balances are now starting to grow again after over 3 years

On Friday, interest on federal student-loan borrowers' balances once again started to accrue. Monthly bills will become due one month later.
Markets 2023-09-01T09:09:42Z

China tries again to support its battered economy, bringing in new measures to boost the yuan

The renminbi has plummeted against the dollar this year, with growth stagnating and China battling a property crisis.
Economy 2023-09-01T01:11:16Z

Want to know how to get ready for the rise of AI? Dig into the past.

Experts are looking to past technological disruptions to help predict how the rise of generative AI could impact workers of the future.
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