For Gen Z, cash isn't king. It's a joke.

Tech Insider : Economy, Business
A Whoopi cushion made of a one hundred dollar bill

Getty Images; Tyler Le/BI

If there's a Gen Zer on your holiday gift list this year, it may be best to forego one of the quintessential young adult presents: a wallet.

Why one of Asia's poorest countries grows Japan's cash

Tech Insider : Economy, Business, Style

Japan has long harvested a shrub called mitsumata for its money supply. But when mitsumata started dying out, Japan frantically searched for alternatives to make yen.

Amazon is becoming Big Tech's king of cash, and Wall Street wants a piece of it

Tech Insider
Andy Jassy

Chelsea Jia Feng/BI

Wall Street's next big bet could revolutionize homeownership

Tech Insider : Economy
Photo illustration of a mailbox with the wall street bull.
American homeowners saw the value of their houses boom over the past few years — and big Wall Street investors want in on the action.

PM Images/Getty Images; Jenny Chang-Rodriguez/BI

It was shortly before Christmas 2021 when Kennis Schummer received a letter that changed his life.

Cash is no longer king. So why are we still printing so much?

Tech Insider : Economy
$100 currency sheets
The US had around 18.5 billion $100 notes in circulation in 2022, according to Federal Reserve data.

Getty Images

Spiking mortgage rates are pricing poorer Americans out of the housing market – with a third of all homes bought in cash, Redfin says

Tech Insider : Economy, Economy
Home for sale sign
Over a third of homebuyers are choosing to pay all-cash, according to data from Redfin.

Getty Images

Stocks and bonds are in for a 'painful' journey and cash is safer, according to top economist Mohamed El-Erian

Tech Insider
Mohamed El-Erian
Mohamed El-Erian

Mohamed El-Erian

Menendez says the cash found in his home was from his 'personal savings account' which he kept for 'emergencies' due to his family 'facing confiscation in Cuba'

Tech Insider : Politics
Sen. Bob Menendez and the wads of cash found in his New Jersey home.
Sen. Bob Menendez and the wads of cash found in his New Jersey home.

Tom Williams/CQ-Roll Call via Getty Images and US District Court for the Southern District of New York

The market's heaviest hitters are sounding the alarm on US debt

Tech Insider
Bridgewater founder Ray Dalio gestures in front of a gray background.
Bridgewater founder Ray Dalio.

Brendan McDermid/File Photo/Reuters

Warren Buffett's cash mountain is bigger than Disney after its epic stock plunge

Tech Insider
warren buffett
Warren Buffett is a big fan of holding cash so he can pounce on bargains.

Marc Cardwell/Reuters

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