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April 1, 2021
"Aunt Suze, thats who you are from now on," Patterson joked when he saw Ormans reaction video to his story for the first time. "Thats family now." Pattersons financial life has improved even more in the past year. He received a promotion to senior software engineer at health insurer Cigna and now earns $150,000 per year — $32,000 more than he earned previously. The promotion came with a change of scenery: Patterson and his girlfriend, Shani, moved from Philadelphia to a rent-stabilized one-be...
April 1, 2021
Billionaire investor Mark Cuban breaks down his cryptocurrency portfolio, from bitcoin to Ethereum.
April 1, 2021
Based on some of the early data around the number of checks being sent out, doxo calculates that about 62% of stimulus payments are being spent on bills. A significant portion of that is being used to pay off credit card debt. During the week of March 17, there was a 29% increase in credit card payments as compared to the same period in February, doxo found. There was a 72% increase in the amount paid. Its not surprising that Americans opted to use their stimulus checks to pay their bills. ...
April 1, 2021
But the couple quickly realized it was a struggle to make their new budget work — especially when Kenney got pregnant right after the wedding and opted not to return to working full time. "The cliche picture of what I thought life was supposed to look like led us to make some poor financial decisions," Kenney, 34, admits. Like most millennials, Kenneys financial struggles over the years are due to a confluence of factors, including increased housing and living costs, student loans, a sometime...
April 1, 2021
Billionaire investor Mark Cuban breaks down his cryptocurrency portfolio, from bitcoin to Ethereum.
March 17, 2021
1. They empower themselves If your kid says, "My friend got a higher score on the quiz, which makes me feel bad about myself," theyre essentially giving someone else power over their emotions. But kids who feel empowered dont depend on other people to feel good. They choose, for example, to be in a bright mood even when someone else is having a bad day or tries to take their anger out on them. Create catchphrases: Work with your kid to come up with phrases that they can repeat to themselves. Us...
March 17, 2021
Sam Altman, the co-founder and president of San Francisco-headquartered tech nonprofit OpenAI, says AI will generate enough wealth to pay each adult $13,500 a...
March 17, 2021
Rising anti-Asian racism, especially toward women The deadly attack comes at a time during increasing reports of anti-Asian racism and violence during the coronavirus pandemic. Stop AAPI Hate, a national coalition documenting and addressing anti-Asian discrimination during the pandemic, said it received nearly 3,800 self reports of anti-Asian hate incidents between March 2020 and last month. Women made up a far higher share of the reports, at 68% versus 29% for men. "There is an intersectional...
March 17, 2021
The IRS will continue to send out batches of payments via direct deposit, paper check and pre-paid debit card in the weeks to come. The agency is encouraging taxpayers to use its Get My Payment tool to find the most current information on the status of their stimulus payments. It is updated once a day. If taxpayers using the tool receive a status saying that they are eligible, with the correct bank account information or address listed, that means that the IRS has not processed their payment ye...
March 17, 2021
So why are women getting a smaller piece of the pie? Crunchbases senior data journalist Gene Teare points to the fact that male-founded companies are more likely to draw larger funding rounds, in part due to being older and more established. Women have drawn an even smaller piece of the startup pie in prior years, giving newer women-founded companies an even larger funding gap to contend with. In fact, PitchBook reports that the average size of a VC deal for all-female teams was $6.8 million i...