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Why more US banks could collapse

Fri, 05/17/2024 - 13:51

Tech Insider

Silicon Valley Bank, Signature Bank, and First Republic are among the largest bank failures in US history. But more banks could fail, according to Fed chair Jerome Powell.

finance, Video, Explainers, video-format-explainers, bank-failures, first-republic-bank, Banks

Meet the HIFIs: Their obsession with luxury will tank them

Fri, 05/17/2024 - 11:18

Tech Insider : Economy, Economy

A young woman trying on sunglasses — More Gen Zers and millennials are becoming HIFIs — high income, financially insecure. They're spending lots of money on lifestyle and luxury.
Thomas Barwick / Getty Images

economy, Retail, economy, Retail, Luxury, Wealth, hifi

Elite investor Ray Dalio says risk of US civil war is up to 40% — and thinks Taylor Swift could be a good president

Fri, 05/17/2024 - 08:12

Tech Insider : Economy, Economy

finance, economy, trending-uk, finance, economy, ray-dalio, taylor-swift

AI is leading to the 'revenge of the liberal arts,' says a Goldman tech exec with a history degree

Fri, 05/17/2024 - 00:07

Tech Insider

George Lee Goldman Sachs tech banking — Goldman's George Lee (right) studied history in college.
Sportsfile/Getty Images

finance, Careers, goldman-sach, investment-banks, liberal-arts

A millennial who's been applying to jobs for a year says he's encountered ghost jobs and scammers in his struggle to find a remote role

Thu, 05/16/2024 - 11:30

Tech Insider : Economy, Economy

A Utah millennial has struggled to find a job last year after he was laid off. A concerning health diagnosis has limited his search.
Felipe Martins

economy, Careers, finance, economy, Careers, Jobs, disabilities

Meet a couple with 5 kids who are barely making it despite working 4 jobs: 'It shocks me that $100k feels like poverty'

Thu, 05/16/2024 - 09:33

Tech Insider : Economy

April Schultz and her husband make about $130,000 a year but barely have money for savings.
April Schultz

economy, finance, alice, millennial, Retirement, social-security, Moving

A legendary hedge fund exited its GameStop bet before the meme stock's 550% spike

Thu, 05/16/2024 - 08:31

Tech Insider

gamestop — Paul Tudor Jones' hedge fund exited a GameStop position last quarter, ahead of the stock's epic surge.
John Minchillo/AP

finance, trending-uk, finance, paul-tudor-jones, tudor-investment-corp, stock-portfolio, 13F

Gina Rinehart, a mining magnate worth $22 billion, wants her portrait removed from an Australian gallery

Thu, 05/16/2024 - 07:16

Tech Insider

finance, culture, culture, art, paintings, Australia, gina-rinehart

BofA banker whose death shook Wall Street was looking for new job and willing to take a lower salary for better hours, recruiter says: report

Wed, 05/15/2024 - 22:30

Tech Insider

Bank of America sign — Leo Lukenas III was an investment banker at Bank of America.
Spencer Platt/Getty Images

finance, bank-of-america, wall-street, investment-banks, financial-services

Warren Buffett's company reveals its mystery bet is a nearly $7 billion stake in insurance giant Chubb

Wed, 05/15/2024 - 17:32

Tech Insider

finance, Video, Explainers, video-format-explainers, bank-failures, first-republic-bank, Banks

economy, Retail, economy, Retail, Luxury, Wealth, hifi

finance, economy, trending-uk, finance, economy, ray-dalio, taylor-swift

finance, Careers, goldman-sach, investment-banks, liberal-arts

economy, Careers, finance, economy, Careers, Jobs, disabilities

economy, finance, alice, millennial, Retirement, social-security, Moving

finance, trending-uk, finance, paul-tudor-jones, tudor-investment-corp, stock-portfolio, 13F

finance, culture, culture, art, paintings, Australia, gina-rinehart

finance, bank-of-america, wall-street, investment-banks, financial-services

finance, trending-uk, finance, warren-buffett, berkshire-hathaway, stock-portfolio, 13F