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Uber and Lyft drivers are seeing more trips that pay them $3 or less. They say it's another example of declining driver pay.

Thu, 05/30/2024 - 14:59

Tech Insider : Economy

uber lyft drivers protest — Some Uber and Lyft drivers say they see more trips that pay less than $3, excluding tips.
Paul Hennessy/Anadolu Agency via Getty Images

economy, finance, Transportation, Uber, Lyft, uber-eats, DoorDash

Klarna CEO faces backlash for saying AI let marketing team 'half the size it was last year' do more work, saving millions

Thu, 05/30/2024 - 13:49

Tech Insider

Klarna CEO Sebastian Siemiatkowski — Klarna CEO Sebastian Siemiatkowski faced criticism for saying AI has helped the company's marketing team, which is "half the size it was last year," produce more work.
David M. Benett/Getty Images for Klarna

AI, finance, Careers, Tech, Klarna, buy-now-pay-later-bnpl, AI

Jamie Dimon says there could be 'hell to pay' if the swelling private-credit market starts showing cracks

Thu, 05/30/2024 - 09:04

Tech Insider

Jamie Dimon of JPMorgan Chase in December 2023 — Jamie Dimon, CEO of JPMorgan Chase
Alex Brandon/AP

finance, Markets, mi-exclusive, private-credit, jamie-dimon, market-crash, retail-investors

Trump seemingly sold one of his private jets to a major Republican donor

Thu, 05/30/2024 - 07:32

Tech Insider

Donald Trump's Cessna Citation X landing in New York. — Donald Trump's Cessna Citation X.
Wikipedia

finance, Transportation, trending-uk, Trump, private-jet, Republican, Donor

Inheritances can change lives — for better and for worse. Here are some heartbreaking stories I've seen as an estate lawyer.

Thu, 05/30/2024 - 05:56

Tech Insider

Last Will And Testament — Jennifer Rozelle said it breaks her heart to see families fighting over inheritance.
iStock; BI

finance, Inheritance, Estates, Families, Lawyer, as-told-to, contributor-2024

AI mania is just 'typical bubble hype' like the crypto craze, says top economist Paul Romer

Thu, 05/30/2024 - 05:55

Tech Insider : Economy, Crypto

Paul Romer — Paul Romer.
Spencer Platt/Getty Images

finance, Tech, trending-uk, Tech, economy, paul-romer, AI

Goldman's Beth Hammack has a new job: Cleveland Fed president

Thu, 05/30/2024 - 01:18

Tech Insider

The exterior of the Federal Reserve Building. — Federal Reserve Bank building
Alex Wong/Getty Images

finance, federal-reserve, interest-rates, monetary-policy

For some millennials, the reality of their retirement plans is that they're a fantasy

Wed, 05/29/2024 - 07:49

Tech Insider : Economy

An empty savings jar with a label that says — iStock; Rebecca Zisser/BI

economy, finance, Newsletters, Newsletter, insider-today, bi-graphics, jenny-chang-rodriguez

A millennial who had a mini-retirement at 38 shares her strategies for achieving financial independence — and why she wants to return to the workforce

Wed, 05/29/2024 - 06:03

Tech Insider : Economy

Sabina Horrocks with her husband and kid — Sabina Horrocks is looking to return to work after taking three years off to care for her daughter.
Sabina Horrocks

economy, finance, fire, financial-independence, financial-independence-retire-early, Retirement, retire-early

Denmark has the solution to America's broken housing market

Wed, 05/29/2024 - 05:27

Tech Insider : Economy

House with Danish flag flying in the sunlight, while next door, a house with an American flag is being rained on — Millions of Americans are trapped in their homes thanks to rising mortgage rates. But a genius rule lets Danish homeowners dodge the lock-in effect.
Getty Images; Alyssa Powell/BI

The typical home loan in America is a gift. It's also a trap.

Real Estate, economy, Discourse, finance, Markets, housing-market, Mortgages

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