Month: April 2024
47% of parents still financially support adult children. Here’s how much they spend
Nearly half of parents with a child older than 18 provide them with at least some financial support, according to…
Why A $100,000 Salary Can’t Buy The American Dream
More than half (52%) of Americans say they would need at least $100,000 a year to be financially comfortable, according…
Richard Branson’s cruise line launches month-long cruise for remote workers
Virgin Voyages is targeting a new type of traveler: remote workers. In March, the Miami-based cruise line owned by Sir…
Why So Many EV Companies Fail
The EV revolution could bring more change to the automotive industry than since its founding, and the potential impact is…
What Biden’s new student loan forgiveness plan means for your taxes
President Joe Biden on Monday unveiled a new student loan forgiveness plan — and any of that relief dispensed in…
The Race To Regulate AI
Some businesses using new artificial intelligence tools have reported big gains in labor productivity. These AI assistants, backed by some…
How U.S. Malls Survived The Death Of Department Stores
The American mall is alive and well. Department stores — which were historically the most important real estate in American…
Why Kraft Heinz Is Warren Buffett’s Worst Bet
Nine years after its megamerger, food behemoth Kraft Heinz is facing challenging times amid slumping sales, high inflation, a shift…
Why The U.S. Economy May Have A ‘Delayed’ Recession: Gary Shilling
The U.S. economy may still face a “delayed” recession, says financial analyst Gary Shilling. “We’ve had more strength in employment…
Do you have a joint account? Here’s what that says about your relationship
Couples who merge their finances fight less often about money than those who don’t, recent reports show. Experts say there’s…