Earlier this year, Sam Dogen quit his job. For most people, that wouldn’t be much of a story, but for the millionaire founder of Financial Samurai, a couple of details stand out. For one, it was his first gig since 2012. Dogen, 47, has lived as a retired, stay-at-home dad since 2012, boosting his annual … Read more
At 23, Denae McGaha had a choice: She could spend her entire savings moving to New York City, or she could take a teaching job halfway across the world. It was 2017, and McGaha, who graduated college just one year earlier, had about $4,000 in her bank account. “It was the most money I’d ever … Read more
Simone Biles of Team United States reacts after competing on the vault during the Artistic Gymnastics Women’s Qualification on day two of the Olympic Games Paris 2024 at Bercy Arena on July 28, 2024 in Paris, France. Jamie Squire | Getty Images Sport | Getty Images American gymnast Simone Biles appeared to take a swipe … Read more
A “Now Hiring” sign is seen at a FedEx location on Broadway on June 07, 2024 in New York City. Michael M. Santiago | Getty Images Private job growth slowed further in July while the pace of wage gains hit a three-year low, payrolls processing firm ADP reported Wednesday. Companies added just 122,000 jobs on … Read more
CEO of auto giant Stellantis Carlos Tavares speaks to journalists during a joint media event by Stellantis and Leapmotor in Hangzhou, in eastern China’s Zhejiang province on May 14, 2024. – | Afp | Getty Images DETROIT – Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as … Read more
Damircudic | E+ | Getty Images The number of federal student loan borrowers with six-figure debts is on the rise. In the second quarter of 2024, 2.4 million borrowers carried a federal student loan balance between $100,000 and $200,000, up from 1.8 million people who owed that much during the same period in 2017, according … Read more
Thomas Barwick | Digitalvision | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are increasingly offering lucrative shares of equity and deal profits to staff … Read more
Finding a new job is getting harder. Last month, the unemployment rate ticked up to 4.1%, the first time it has crossed above 4% since 2021. Fewer people are quitting their jobs, and recent college graduates are having a hard time breaking into the market. Hiring might have fallen beneath its pre-pandemic levels, but there … Read more
From the Macintosh computer to the iPhone, Apple’s late co-founder Steve Jobs was widely considered an innovative visionary who helped revolutionize the way we use technology in our everyday lives. Now, a newly released clip from 1983 reveals Jobs may have been more ahead of his time than we knew. The Steve Jobs Archive’s latest … Read more
US President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024. Andrew Caballero-reynolds | AFP | Getty Images The Biden administration announced it will cancel $1.2 billion in student debt for 35,000 workers, as a result of its recent fixes to a popular debt relief program for … Read more
