A Gen Xer relocated from Austin to rural Arkansas thanks to a $16,000 mover incentive that helped pay his mortgage. Now he's enjoying the 'good, hometown living.'

Tech Insider : Economy, Economy, Business
An empty street in Osceola, Arkansas.
Britt Lorino, 55, moved from Austin to Osceola, Arkansas with his wife as part of a mover incentive program.

Feifei Cui-Paoluzzo / Getty Images

Saudi Arabia may be forced to reassess megaprojects like Neom

Tech Insider : Economy
A conceptual image of the planned design for The Line in Saudi Arabia's Neom, shows a large mirrored facade extending out into the water from the desert.
The planned design for The Line in Neom.

Neom

The global spike in luxury handbags, shoes, and clothing sales could be coming to an end due in part to China's 'luxury shaming,' study finds

Tech Insider : Economy, Economy
luxury goods clothes shoes
Worldwide sales growth of luxury goods is expected to slow in 2024, per a Bain Consultancy report.

filadendron/Getty Images

Some couples think receiving pricey wedding gifts is payback for putting on a ceremony. Others say it's tacky and entitled.

Tech Insider : Economy
Table full of wedding gifts.
Wedding guests are debating over whether it is expected they pay a certain amount for their gift.

nuiiko/Getty Images

A man born in Japan — where tipping is rude — is part of a growing number of Americans rejecting tipping in the US

Tech Insider : Economy
A man sitting at a table at a Japanese restaurant.
Ken Ozeki has strong opinions about the tipping culture in America — particularly compared to his native Japan.

Courtesy of Ken Ozeki

2 cops won $1.2M in the lottery, but said they won't quit because they want to set an example for their kids

Tech Insider
Money Dollar Bills

Flicker/Steven Depolo

An Iowa basic income project gives low-income residents $500 a month. They say it helps them make rent and buy food.

Tech Insider : Politics
Aerial View of the Des Moines, Iowa, Skyline at Sunset
A basic income program in central Iowa says people mostly spend the $500 monthly payments on food.

Jacob Boomsma/Shutterstock

American parents with young children say they haven't felt this financially insecure in nearly a decade. Here's why.

Tech Insider : Economy
Photo illustrating household finances
The percentage of parents with children under 18 who felt "financially okay" has declined.

Rapeepong Puttakumwong/Getty Images

I was a director at Goldman Sachs and quit to work in crypto. People questioned me, but I wanted to build something great.

Tech Insider : Crypto
Photo collage featuring bitcoins, money, and a Boom And Bust Cycle graph
Hong Yea quit his director role because he felt like working for a company was limiting his dreams.

Getty Images; Alyssa Powell/BI

How to know if you're an ALICE: You're barely paying your bills but don't qualify for government assistance

Tech Insider : Economy, Economy, Politics
Parents with a baby sitting in their kitchen
More Americans are becoming ALICEs — asset-limited, income-constrained, and employed.

Westend61 / Getty Images

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