Real Estate 2023-03-22T09:02:00Z
Airbnb illustration

The battle over Airbnb has hit a breaking point

The "Airbnbust" proves the Wild West days of short-term online rentals are over. That's great news for your next vacation.
Tech 2023-03-21T22:18:04Z
using chatgpt

Nearly 70% of people using ChatGPT at work haven't told their bosses about it, survey finds

Since OpenAI's ChatGPT launched in November, people have experimented with using it to ease their workloads, often without telling their bosses.
Economy 2023-03-21T18:18:04Z
Neat line of suburban houses in Fairfax, Virginia.

The 10 US cities where it's hardest to build affordable housing

A new database created by the Eviction Lab at Princeton University ranks metro areas by how restrictive their housing and zoning policies are.
Economy 2023-03-21T16:46:56Z

Silicon Valley Bank's collapse is looming over the Fed as it makes the next move in its war on inflation this week

Sen. Elizabeth Warren blamed Fed Chair Powell for Silicon Valley Bank's fallout. It'll likely weigh on Wednesday's interest rate decision.
Economy 2023-03-21T16:41:08Z
Real Estate 2023-03-21T10:01:00Z

Get ready: Gen Z is coming for the housing market

Unlike millennials before them, Gen Z has grown up during a home price boom. Now they're using tech to claim their share of the real-estate profits.
Economy 2023-03-21T10:00:00Z

An overworked engineer says he's an example of men taking on too much because of their 'bigger egos.' It could be why so many of them are leaving the workforce.

An engineer who put up with 80-hour workweeks at his job finally quit because he wasn't getting the pay or work-life balance he felt he deserved.
Economy 2023-03-21T09:30:00Z

It took a progressive Virginia suburb 8 years to let developers build apartments instead of single-family houses. It shows how hard it is to build middle-class housing in the US.

After fierce debate, Arlington County will finally vote to approve the construction of so-called "missing middle" housing.
Tech 2023-03-21T08:30:00Z

A guy is using ChatGPT to turn $100 into a business making as much money as possible. Here are the first 4 steps the AI chatbot gave him.

Jackson Greathouse Fall asked ChatGPT to turn $100 into "as much money as possible." He said that he's "about to be rich."
Economy 2023-03-20T18:15:47Z

5 ways House Republicans' budget plan 'will be a disaster for families,' according to the White House

House Republicans want to freeze federal spending at 2022 levels for the next 10 years. The White House says that will be devastating for families.
Economy 2023-03-20T18:02:33Z

Obama wants companies to strip degree requirements from more six-figure jobs to address the labor shortage

Barack Obama and Joe Biden are promoting state policies gaining traction that make it easier for people without degrees to secure high-paying jobs.
Economy 2023-03-20T17:08:48Z

Chuck Schumer vows to fight the latest GOP attempt to block student-loan forgiveness in Congress 'with everything we have'

GOP Rep. Virginia Foxx said the GAO "confirmed" Congress' ability to overturn student-debt relief using oversight under the Congressional Review Act.
Economy 2023-03-20T16:15:01Z

Biden's Education Department just pushed back the deadline for student-loan borrowers to see debt relief through a one-time reform

Student-loan borrowers who were expecting relief through recent IDR and PSLF reforms will have to wait another year, due to a lack of federal funding.
Economy 2023-03-20T14:36:00Z

Millions of student-loan borrowers will experience 'devastating' delays in debt relief if a GOP proposal to cut spending goes through, Biden's Education Secretary says

Student-loan borrowers would see "decreased service hours and longer turnaround times" with debt relief under GOP spending cuts, Sec. Cardona said.
Economy 2023-03-20T10:01:00Z

Romance scammers are bilking Americans out of $1.3 billion a year

Romance scams target people who are lonely, isolated, and don't know much about crypto to steal thousands of dollars.
Economy 2023-03-19T12:40:00Z

The Biden administration is offering to pay Colorado River farmers to let fields go dry during a devastating drought. They're worried it's just the first step in losing their way of life.

To avoid more drastic measures that could destroy their livelihoods, agricultural producers want better pay to fallow their fields.
Economy 2023-03-19T12:20:00Z

Conservatives scoff at Trump's 'leftist plan' to build 10 new American cities featuring flying cars

A Republican consultant close to Trump's campaign said Trump came up with the idea himself and was likely inspired by Saudi Arabia.
Economy 2023-03-19T12:15:00Z

A millennial who became a millionaire after the 2008 crash says building wealth is about more than opportunistic investing. You also have to make lifestyle changes and load up on side hustles.

Grant Sabatier, 38, became a millionaire after the Great Financial Crisis. He says the key to wealth goes well beyond market timing.
Economy 2023-03-19T11:00:00Z

A student-loan borrower was promised a $5,000 refund on payments after Biden's broad debt relief. Months later, she's still waiting — and no one is picking up the phone to help.

Roxanne Dougherty thought she could get refunded for student-loan bills she paid during the pandemic payment pause. MOHELA isn't making it easy.
Tech 2023-03-19T10:02:00Z

The West was founded by whiny pioneers. Silicon Valley Bank is just the latest.

From Manifest Destiny to Big Tech, Silicon Valley Bank's crash is a case study in the how the West was spun.
Economy 2023-03-19T10:00:00Z

This could be Big Oil's last surge

Despite record profits, the oil and gas industry is still headed for a long-term decline, even if it sees more boom-and-bust cycles along the way.
Economy 2023-03-18T12:30:00Z

ChatGPT is the Myspace of AI: It's fun, but it's far from taking your white-collar job

While some may be worried about ChatGPT, one economist said "it's nowhere near ready for real-world use other than as entertainment."
Economy 2023-03-18T11:15:00Z

Remote jobs have some workers feeling like college kids again: They play in the afternoon and work at night

New research has found remote workers are driving a spike in weekday-afternoon golfing. Like college students, they're using their afternoons for fun.
Economy 2023-03-18T10:00:00Z

Don't lose your life savings on your phone: A millennial with a sports-betting addiction explains how he's cut back as March Madness hype mounts

A millennial sports gambler turned $2,500 into $30,000 last year but said betting then took control of him: "Addiction gets you to do crazy things."
Retail 2023-03-17T20:29:22Z

Dollar General enters the retail 'labor hoarding' war with a $100 million investment to boost scheduled hours for employees

CEO Jeff Owen said hourly wages are up 23% over the past three years, and the focus is now on increasing workers' earnings with more weekly hours.
Economy 2023-03-17T19:17:04Z

Meet a Taylor Swift fan who regrets paying $5,500 for resale tickets: 'I'm embarrassed I did it, I regret it, and I kind of just wish I had a nosebleed ticket'

Paige, a Swiftie for 15 years, was excited to see Taylor Swift live for the first time. Now she feels like it's a "dirty ticket."
Economy 2023-03-17T16:48:43Z

After SVB's collapse, Biden calls on Congress to hold bank executives accountable for failures: 'No one is above the law'

Among other measures, Biden wants to strengthen the FDIC's authority to prohibit executives at failed banks from holding jobs at other banks.
Economy 2023-03-17T14:36:32Z

3 GOP lawmakers just introduced a plan for Congress to overturn Biden's student-loan forgiveness

Republican lawmakers want to strike down Biden's "irresponsible and unfair" student-debt relief using the Congressional Review Act, an oversight tool.
Economy 2023-03-17T10:00:00Z

Welcome to Swift City: When Taylor Swift comes to town, businesses build new bars, prepare thousands of cookies, and welcome over 150,000 Swifties

Glendale, Arizona, is enchanted to be the first stop on Swift's "Eras Tour." An official said: "We've got folks that will travel far and wide."
Real Estate 2023-03-16T16:55:23Z

Making $100,000 in New York City 'feels like' only $36,000, according to new study. Here are the top 10 cities where your money goes further.

A six-figure salary means different things in different places. A study from SmartAsset ranked where a dollar stretches the furthest.
Economy 2023-03-16T15:58:12Z

Some student-loan companies are 'ignoring' court orders and continuing to collect borrowers' debt after they received relief through bankruptcy, a federal consumer watchdog finds

Some student-loan companies have "illegally" sent borrowers' debt back to collections after a bankruptcy discharge. The CFPB has put them on notice.
Economy 2023-03-16T15:26:49Z

After back-to-back train disasters, regulators approve the largest rail merger in decades creating a line that would stretch from Canada to Mexico

The already highly-concentrated industry has seen major accidents and labor disputes in recent months.

Growth is slowing in Indonesia and events thousands of miles away are playing a part

The Indonesian economy's growth is slowing after setting records in 2022. Energy and food sectors have been particularly hard-hit by Russia's war in Ukraine.
Transportation 2023-03-16T10:03:00Z

Criminals are stealing hundreds of thousands of Kias and Hyundais — and TikTok is to blame

Kia and Hyundai thefts have boomed by as much as 900% in some US cities, and it all started with a viral TikTok.
Retail 2023-03-15T17:59:03Z

Buying eggs for Easter? Plastic ones from Walmart and Target might be the cheaper choice this year as egg prices remain high

Many US households decorating for Easter are likely to find that pretend eggs make better financial sense than chicken-laid ones.
Economy 2023-03-15T17:54:08Z

Elizabeth Warren scoffs at the idea that banks like SVB can be trusted to do their own stress testing: 'I taught school for many, many years. And I did not let my students do their own testing'

Banks running their own stress tests to see if they can weather tough economic conditions leads to failures like SVB's, Elizabeth Warren told CNBC.
Economy 2023-03-15T17:10:05Z

Regulators need to report SVB executives' potential 'outrageous and indefensible' behavior to Congress to avoid mistakes made after the 2008 financial crisis, 2 top Democrats say

After the abrupt closure and bailout of Silicon Valley Bank, Elizabeth Warren and Richard Blumenthal want to ensure its executives are investigated.
Economy 2023-03-15T16:53:28Z

This banking crisis is different from the 2008-2009 financial crisis in 4 ways, Moody's chief economist Zandi says

The scope of the crisis, the regulatory environment, the US government's response, and the overall economic backdrop are key differences.
Economy 2023-03-15T15:56:32Z

A think tank created by a Palantir co-founder is behind a slew of bills criminalizing homeless encampments

Texas and Missouri have passed laws making public camping a Class C misdemeanor and several other states are considering similar measures.
Economy 2023-03-15T15:18:46Z

Remote work could help the US make more babies, have affordable housing, and tackle the mental health and climate crises, a Stanford economist says

Four of the crises plaguing the American economy could be helped by widespread remote work, says Stanford economist Nick Bloom.
Economy 2023-03-15T14:41:11Z

A millennial whose employer gives paid period leave said it's improved her work life knowing she could take time off when the pain becomes unbearable

A Polish gaming company gave its workers paid menstrual leave. One employee says knowing it's there has made her job easier.
Economy 2023-03-15T13:22:59Z

Student-loan borrowers just got an added layer of protection from schools that take advantage of them 'to make a quick buck'

"Schools that engage in fraud or misconduct are on notice that we may be listening," the Education Department said in new student debt guidance.
Economy 2023-03-15T10:02:00Z

'They will learn nothing from this': Tech leaders remain staggeringly oblivious to the true lessons of Silicon Valley Bank

The collapse of Silicon Valley Bank is a case study in what's wrong with the arrogant, clubby world of tech.
Economy 2023-03-15T00:23:43Z

Elizabeth Warren and Katie Porter are taking the first step in repealing the Trump-era banking law they blamed for Silicon Valley Bank's collapse

Warren and Porter were among Democrats blaming the SVB collapse on a 2018 law that rolled back banking regulations. They have a bill to repeal it.
Economy 2023-03-14T19:26:18Z

Joe Manchin says he looks at his 2018 vote on easing bank regulations 'differently now' after Silicon Valley Bank's collapse

In 2018, 13 Democrats joined Republicans in loosening bank regulations. The older regulations likely would've put greater scrutiny on SVB.
Economy 2023-03-14T18:14:45Z

The Silicon Valley Bank debacle suddenly changed the outlook for interest rates in 2023

Financial turmoil and cooling inflation could mean the Fed slows or even holds off its interest rate hikes at its meeting next week.
Economy 2023-03-14T17:34:17Z

Some Republicans want Gen Z to retire later to avoid outright cuts to Social Security: 'Does it really make sense to allow someone who's in their 20s today to retire at 62?'

Top Republicans remain firm that they're not cutting Social Security, but many in the GOP are starting to direct ideas for saving money toward Gen Z.
Economy 2023-03-14T16:54:19Z

Eggs and bacon are finally getting cheaper

Inflation and a historic case of avian flu have made eggs expensive, but costs are finally falling, in addition to prices for other breakfast staples.
Economy 2023-03-14T16:49:55Z

The pay gap has stalled and parenthood is a big reason why

According to Pew Research Center's Rakesh Kochhar, there are many factors that are "imposing some sort of a ceiling on the gender wage gap."
Tech 2023-03-14T16:28:34Z

Mark Zuckerberg warns in layoffs announcement to prepare for a 'new economic reality' that could last 'many years'

The comment comes after Meta announced it's laying off another 10,000 workers. "This will be tough and there's no way around that," Zuckerberg wrote.
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