Meet the Gen Z HENRYs: They're making $565K on average but still renting
3 min read
Tariffs won't fix America's manufacturing problem — but AI might, Goldman Sachs says
What the economy needs is a technological makeover, Goldman Sachs analysts wrote on Thursday.
2 min read
Starbucks is going full 'guac is extra' mode. Frankly, it's time.
You're might hate me for saying this, but I don't want my plain coffee to subsidize your eight pumps of caramel syrup at Starbucks!
4 min read
See the white-collar jobs where open positions are dwindling — and where they're growing
Jobs are scarce, and wages are stagnant for white-collar workers compared to last year.
3 min read
Trump's economic advisor says tariffs aren't going anywhere, and 'stubborn countries' could see a return to Liberation Day
One of President Trump's economic advisors said tariffs aren't going away, but deadlines could be extended for countries making an effort to negotiate.
2 min read
Here's how markets are reacting to reports of Trump's latest attempt to undermine Fed Chair Powell
Trump is reportedly weighing a slate of candidates to take over Jerome Powell's job and could announce a replacement long before Powell's term is over.
4 min read
I retired early in my 50s and am reentering the workforce at 60. I set aside $4,500 to get certifications — I need every advantage I can get.
After retiring at 57 and spending three years living off his investment portfolio, Chris Mott is returning to work because of economic concerns.
4 min read
HENRYs with kids say 6-figure salaries just aren't cutting it
"You're paying for your past while also trying to save for your future," Max Heninger, a HENRY parent with student debt, said.
6 min read
China's real estate crisis could still get worse, Goldman Sachs says
Home prices in China have fallen 20% over four years and could decline another 10% before bottoming out in 2027.
2 min read
Uber made a big change to how it prices trips. It might be the real secret to the company's turnaround.
Uber's decision to use AI to determine prices and driver pay could be the key to the ride-hailing company's financial turnaround, a new study found.
7 min read
Toy prices are finally rising — after being so low for so long. That inflation could be a good thing.
Inflation is finally coming for toys, which have been really cheap for a long time. This could mean parents finally buy fewer of them.
4 min read
Housing market set for the 'worst year in decades,' says Meredith Whitney
Meredith Whitney Advisory Group expects the housing market to "weaken throughout the year," posing issues for the wider US economy.
2 min read
The world's richest people used to flock to the UK. Now, it's bleeding millionaires at a record rate.
The UK faces a record loss of 16,500 millionaires in 2025, driven by tax hikes and post-Brexit economic instability, according to Henley & Partners.
4 min read
We sold our home in the suburbs for a luxury downtown apartment, thinking we'd save money. It was an expensive mistake.
Abigale Albera and her husband were tired of suburban life and wanted a new adventure. Their "luxury" downtown apartment quickly became a nightmare.
4 min read
Living in New York, Boston, or San Francisco is getting almost as expensive as Geneva or Zurich
US cities are no longer relatively cheap compared with their rivals in developed countries, Deutsche Bank's Mapping the World's Prices report found.
2 min read
The US is staring down a fate worse than recession, and 4 other bold forecasts from a top economist
There's still a 25% chance the US could enter a recession sometime in the next 12 months, Apollo's chief economist says.
3 min read
The fiery 'Zillow Ban' lawsuit is about to make your search for a new home even more chaotic
Zillow and mega-brokerage Compass are battling it out over where real estate agents can list homes for sale. Homebuyers are stuck in the middle.
13 min read
People are freaking out over the new $795 Chase Sapphire Reserve card. I never got one — and I'm finally vindicated
Chase's Sapphire Reserve credit card became a millennial touchstone. I never got one when it first came out — and felt FOMO. Now I'm vindicated.
4 min read
The 10 most peaceful countries in the world, ranked
Amid military tensions in the Middle East, international peace has gained new importance for those looking to travel or move abroad.
4 min read
Buy now, pay later loans will soon hit credit scores — and experts think Gen Z could be at risk
FICO will begin incorporating BNPL data into credit scores this fall. The payment plan is popular among younger consumers.
3 min read
The massive heat wave, stretching from Maine to Texas, is slowing commuters down and making their waits miserable
2025's first heat wave is searing the Northeast and Midwest this week. Commuters are slowed on trains and boiling at bus stops.
4 min read
More top Fed officials are coming out in support of rate cuts next month. Here's what they're saying.
Several top Fed officials have voiced support for cutting interest rates in the week after the central bank's latest policy decision.
3 min read
Why filling up your tank is likely to cost more pretty soon
Gas prices may rise by about 8 cents a gallon this week, one commentator predicts, while higher diesel prices would mean even more pain for consumers.
3 min read
Meet the Gen Z 'stay-at-home son' who's selling his lifestyle as an aspirational brand
Abdullah Abbasi, 24, is a part-time college student and full-time stay-at-home son. He's also selling a clothing brand promoting his lifestyle.
3 min read
Business leaders from Bill Ackman to Jason Calacanis react to the US strike on Iran's nuclear sites
Donald Trump on Saturday announced the US had launched strikes on three major Iranian nuclear targets. Here's how business leaders reacted.
5 min read
The rise of Etsy husbands
Women are making a killing on Etsy. Their husbands are quitting full-time jobs and lining up to work for them.
9 min read
Why so many millennials are feeling stuck
The midlife crisis is the latest thing millennials feel priced out of. Blame sluggish hiring and worry over AI claiming jobs.
11 min read
Does Canada have UBI? Everything you need to know about the country's basic income programs.
Canada has been exploring basic income programs amid rising living costs and job losses. They're not quite UBI, but some have shown promising results.
6 min read
I scrapped a 600,000 square foot building project for my business due to tariffs. I want the Supreme Court to hear my case.
The Illinois educational toy company owner wants the Supreme Court to hear his company's lawsuit against Trump's tariffs.
4 min read
How I quit my daily Starbucks habit that cost me $5,000 a year
Oliver Brandt had a bit of a Starbucks addiction, and it was costing him more than he wanted to spend. He quit going in 2024 and has stuck with it.
5 min read
5 charts show why Gen Z college grads are hitting the job market at the worst possible time
Hiring is down and unemployment is up for Gen Z college grads, who are overeducated for today's job market. These five charts show what's going on.
5 min read
Mansions, parties, and fine dining: Vintage photos show how America's wealthiest business tycoons lived it up during the Gilded Age
Wealthy families in the Gilded Age spent conspicuously, from fancy clothes to European palace-inspired mansions to lavish balls.
7 min read
On Juneteenth, Trump says the US has 'too many' holidays
President Donald Trump said American holidays cost billions of dollars in lost productivity and "must change."
3 min read
Meet America's typical live-at-home 20-somethings
Employed, in college, or somewhere in between, many young adults are still living with their parents.
4 min read
Putin's war-fueled economy is 'on the brink' of recession, minister says
Russia's economy is cooling, with a top minister suggesting it's on the verge of a recession amid record-high defense spending and sanctions.
3 min read
I'm a family-owned American manufacturer. Being made in the US hasn't been easy but it's paying off.
William Gagnon, COO of Excel Dryer, said making products in the US has been hard but that that company has gained customers as a result of tariffs.
4 min read
I've collected and sold Nike sneakers for 20 years. Spotting fakes is harder than ever, but here's what I look for.
Shu Cheng says counterfeit sneakers are hard to spot but some things to look at are color, shape, and smell. Even then, you may need a professional.
5 min read
Trump's tariffs could sink my small business, but my lawsuit against these tariffs has been keeping me energized
"In an extremely harrowing year for my business, my lawsuit against Trump's tariffs keeps me empowered and energized," Victor Schwartz said.
5 min read
Gig worker identity fraud is a 'huge risk' for delivery apps. Here's how one company is trying to combat it.
Roadie COO Dennis Moon says the delivery app is using more face scans and wants to make GPS improvements to deal with fraudulent delivery workers.
4 min read
A HENRY aiming to save $100,000 for his kids' futures hasn't had to contribute any of his income — because he lives in Alaska
Cimarron Beckstead puts Alaska's oil dividend checks directly into his kids' 529 savings accounts. He hasn't had to put any of his own money aside.
5 min read
Surprise! You literally owe the tariffs
Americans are being hit with huge tariff bills on their online orders.
12 min read
A woman who retired early at 58 thought she was ready with over $500,000 in savings. A few years later, it was gone.
Misty Miller was a diligent saver and always had enough money. She retired early at 58 without a plan and says it was the biggest mistake of her life.
5 min read
CEOs haven't felt this gloomy about the economy since the pandemic
A total of 169 CEOs weighed in for The Business Roundtable's economic outlook index, which dropped 15 points, hitting its lowest level in five years.
3 min read
Powell holds rates steady, but warns inflation is coming: 'Someone has to pay for the tariffs'
The Fed announced Wednesday that it will hold rates steady for the forth time this year.
3 min read
Trump's immigration raids are hitting LA's taco truck industry hard
Street vendors BI spoke with said they are are barely keeping their businesses afloat and are fearful they could be the next ICE target.
7 min read
I wrote about millennials' real estate woes. Then I felt the wrath of Gen X.
I wrote about the chaos in store as baby boomers pass down homes to millennials — and managed to enrage Gen X, the overlooked "Sandwich Generation."
7 min read
I worked at the same company for almost 60 years. Here's why it pays to stay put.
Linda Zierolf, 80, has worked at the same company since she was 18 and has no plans to retire. She values the face-to-face interactions she still has.
7 min read
'We have to dismantle a 40-year-old supply chain': Toy company appeals to the Supreme Court over Trump's tariffs
Two Illinois-based businesses are hoping the Supreme Court will hear their lawsuit against Trump's tariffs to speed up the timeline.
3 min read
Americans could be done with tariff panic-buying
Grocery stores, car dealerships, and appliance stores all experienced fewer shoppers in May.
2 min read