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5 mins read
Gen Z is the new threat to the American college experience
Just 39% of Gen Z said advancing their education is important to them. It means colleges are at ris…
Ayelet Sheffey
1 min read
Warren Buffett's Berkshire Hathaway sells shares in Chinese EV maker BYD for the first time in 14 years - and rakes in a 3,400% profit
Buffett's company disposed of 1.3 million shares of the Chinese electric-vehicle maker for $47 mill…
Theron Mohamed
5 mins read
Millennials and Gen Z are driving demand for experiences. It could be a great industry to stake your career on.
The experience economy is expected to grow, particularly for cooks at restaurants, amusement park a…
Noah Sheidlower
2 mins read
The SEC is looking to overhaul the controversial trade-settlement rule at the center of Robinhood's issues during last year's GameStop mania
"The existing two-day period to settle trades exposes investors and the industry to unnecessary ris…
Matthew Fox
2 mins read
A wholesaler CEO says he's having to turn down truckers in the labor shortage because they can't pass drug tests
Under a new system for recording drug and alcohol violations, 72,000 drivers are currently prohibit…
Stephen Jones
1 min read
Russia faces a full block on dollar bond payments as a key US sanctions waiver is expected to expire — putting Moscow closer to a historic default: report
An exemption to US sanctions that allows Russian bond payments to go through expires on May 25, and…
Phil Rosen
1 min read
The SPAC boom has cooled off but lawsuits against the blank-check firms are reportedly booming
The report comes as interest in SPACs is waning, as some investors worry the blank-check deals pose…
Ethan Wu
1 min read
Putin signed an executive order giving Russia the authority to halt exports and cancel contracts to retaliate against 'unfriendly actions'
The US and its allies have imposed hard-hitting sweeping sanctions against Russia over its invasion…
Huileng Tan
2 mins read
Top federal election official: 'I have a high level of confidence in the integrity of the election'
US Election Assistance Commission Chairman Tom Hicks praised poll workers across the nation for "fa…
Dave Levinthal
2 mins read
As student loan forgiveness looms, half of college students are already behind in trying to complete a bachelor's degree in even 5 years, a study says
A study released last month showed that half of college students are not on track to complete a bac…
Michael Goodman
1 min read
Russia says it will use rubles to pay dollar bonds after the US ended a sanctions waiver
Russia is staring down an "artificial situation created by an unfriendly nation," Finance Minister …
Phil Rosen
1 min read
Russia faces deadline for more than $600 million in bond payments as default fears still loom
Russia faces a Monday deadline for $552 million remaining on a 2022 bond repayment and a coupon pay…
Phil Rosen
5 mins read
Meet the stay-at-home dads: They're on the rise as more men drop out of work and skip college
As a stay-at-home dad, you'll forget work, one said, "and you'll remember the time that your daught…
Juliana Kaplan
8 mins read
The trucking industry is doubling down on booting marijuana smokers, and it's getting a little ridiculous
Trucking has rooted out more than 40,000 drivers who tested positive for marijuana in a new clearin…
Rachel Premack
2 mins read
Robinhood raises trading limits on popular restricted stocks, allowing customers to buy up to 100 shares of GameStop
Robinhood traders can now buy up to 100 shares of GameStop as the brokerage continues to ease restr…
Will Daniel
3 mins read
Some colleges are so desperate for new students that they're offering slots to high schoolers who may not have even considered applying
Thousands of high school students who used services like Common Application will receive offers fro…
Jacob Zinkula
1 min read
US stocks turn mixed as 10-year Treasury yield retreats from 3% ahead of Fed meeting
The Federal Reserve begins its two-day policy meeting on Tuesday, and investors are bracing for the…
Phil Rosen
2 mins read
Robinhood reveals new details on decision to limit trading, saying it suddenly had to post 'hundreds of millions of dollars' in deposits
The trading app shared on its blog that it implemented trading restrictions to meet security requir…
Weng Cheong
11 mins read
Staff at Pure Barre and other boutique gyms say a major franchisee stiffed them on pay, sent bizarre emails, and talked about drinking his own urine
Some Pure Barre, Row House, and CycleBar studios licensed by Xponential Fitness have closed as work…
Jake Swearingen,Jack Newsham
2 mins read
Robinhood says it can now solidly handle surprise market events, a year after controversially restricting meme-stock trading
The brokerage said it now has a net capital position of $2.7 billion, which is 25 times what the SE…