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6 mins read

The basic income myth: cash discourages work

Guaranteed basic income critics often argue cash discourages work. Experts and participants say tha…

Allie Kelly   


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3 mins read

Texas lawsuits keep challenging guaranteed basic income programs, calling no-strings-attached cash 'unconstitutional'

Texas Attorney General Ken Paxton filed a lawsuit to block a Houston-area guaranteed basic income p…

Allie Kelly   


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7 mins read

Forget free cash, there's an even more American way to help people get ahead

Basic income programs continue to ripple across the US. But some experts say there's a policy that'…

Ayelet Sheffey   


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1 min read

TikTok's owner is raking in cash

TikTok owner ByteDance, a Chinese company, grew its revenue by 60% in 2023, despite the threat of a…

Kenneth Niemeyer   


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2 mins read

An Airbnb host had to ban crypto mining after guests racked up a $1,500 electric bill

Airbnb host Ashley Class got a shockingly high utility bill, then looked back at footage that captu…

Dan Latu   


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1 min read

Iraq is set to fuel de-dollarization by banning the buck from being used in cash transactions, report says

Iraq will ban the greenback from being used in cash transactions and withdrawals from January 1, th…

George Glover   


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2 mins read

Wealthy Chinese influencers are being banned from social media for flaunting lavish lifestyles

A social media influencer dubbed "China's Kim Kardashian" lost access to his accounts after China l…

Jyoti Mann   


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17 mins read

Inside the company that has discovered the ultimate cash cow: teenage athletes

Michael Schwimer calls his company "Shark Tank for athletes." Critics call it indentured servitude.

Joseph Bien-Kahn   


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7 mins read

Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.

The success of over 100 local GBI pilots in the US provides insight into future state-level policy.

Allie Kelly   


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1 min read

Trump cedes control of the cash collateral for his $175M civil-fraud bond under new agreement with NY officials

The GOP frontrunner and his bond underwriters agreed Monday to keep the cash in what's essentially …

Laura Italiano   


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2 mins read

South Dakota lawmakers want to preemptively ban 'socialist' guaranteed income program

Guaranteed basic income programs could be banned in South Dakota thanks to new bill.

Allie Kelly   


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2 mins read

Republicans vote unanimously to ban basic income programs in a state with one of the highest homelessness rates

Arizona's GOP state House voted unanimously for a bill banning basic-income programs. Arizona has o…

Katie Balevic,Kenneth Niemeyer   


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2 mins read

Explained: The hullabaloo over the Mahadev App that dragged Ranbir Kapoor to the ED office

​​​The Mahadev App, a live betting platform, promoted by Ravi Uppal and Sourabh Chandrakar has alle…

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3 mins read

Russia is using bags of cash and diamonds to avoid sanctions and fund its weapons program, expert says

The Kremlin is channeling billions into banks and through shell firms to fund its covert weapons pr…

Tom Porter   


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1 min read

China has banned brokers from opening overseas trading accounts for local investors

As the economy struggles, Beijing has also launched its first purchasing program targeting shares i…

Phil Rosen   


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4 mins read

5 ways China's trying to get people to have more babies — from cash incentives to cracking down on the 'bride price'

Last year, China's population started shrinking for the first time in 60 years, spurring renewed fe…

Huileng Tan   


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3 mins read

TikTok employees spied on US journalists

ByteDance, the Chinese parent company of TikTok, said on Thursday that an internal investigation fo…

ANI   


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4 mins read

RBI tightens norms for Chinese lending apps

Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian c…

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3 mins read

Why banning TikTok could be a bad idea

In this edition, Lemon8's popularity proves banning TikTok is a bad idea, Big Tech return-to-office…

Emilia David   


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2 mins read

Trump's $200,000 bond in his Georgia RICO case is the first time he's on the hook for cash in his criminal cases

Trump's bond agreement puts him on the hook for $200,000 if he intimidates any of his co-defendants…

Jacob Shamsian