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A Bank of America employee was killed in a stabbing in Times Square on Monday afternoon by a woman armed with two knives.Erin Piacenti, 32, was pronounced dead at a nearby hospital from stabbing injuries, the New York City Police Department confirmed Tuesday. Piacenti was a vice president of business selection and conflicts at the bank, according to her LinkedIn profile.”We are shocked and deeply saddened by the tragic loss of our colleague,” a Bank of America spokesperson said in a statement. “She was a valued teammate who will be greatly missed. Our hearts go out to her family and…

The past 10 months have brought several milestones for our family.My wife, Barb, and I both turned 50. Our oldest daughter finished her graduate coursework and started fieldwork, and our youngest son graduated from high school this spring.For the first time, all four of our kids, ages 18 to 23, were either in college or preparing to start. Barb and I thought we had reached the point when we could exhale and look back on years of school, activities, and raising four kids into young adults.We assumed our noisy, crowded house would soon become much quieter. Instead, a series of…

We’re seeking nominations for Business Insider’s list of rising stars on Wall Street, and we want to hear from you. Submit your suggestions below or via this form.We’re looking for leaders making notable contributions and accomplishments, setting themselves apart from their peers in investment banking, investing, and sales and trading. Many of these honorees have since risen to lead businesses and shape the industry’s direction, and have hailed from top finance firms including Goldman Sachs, Blackstone, and Citadel. Take a look at our 2025 list here and past lists here.Criteria and methodologyWe ask that nominees be 35 or under as of October…

The deadline for student-loan borrowers to receive a lower interest rate is fast approaching.Borrowers who enroll in autopay by the end of the day on September 30 will receive a temporary 1-percentage-point reduction on their student-loan interest payments, starting immediately.The benefit, which took effect July 1 for borrowers already enrolled in autopay, will last through June 30, 2028.A borrower would see moderate savings over the two-year period: A graduate program borrower with $50,000 in student debt and a 7.94% interest rate could save nearly $23 a month.Autopay allows student-loan servicers to automatically deduct a borrower’s monthly payment from their bank…

Some of the highest-earning college graduates in the US may not have a Harvard degree hanging on the wall.In a recent Business Insider ranking of US colleges with the highest-earning graduates, a small Bay Area school focused on health sciences outperformed Stanford and Harvard, as well as the rest of the Ivy League schools.Meet Samuel Merritt University, a nursing and health-focused private nonprofit university in Oakland, California, with fewer than 1,000 undergraduate students.Graduates from the university have a median income of $148,182 four years after graduation, ranking third in the country for graduate pay according to the US Department of Education’s…

In 2023, I stepped back from a demanding, over-20-year career in corporate America.At the time, I didn’t think of it as a gap year; that was for college kids or people going on a retreat somewhere exotic. A friend from the UK informed me that a gap year was exactly what we, two moms in our 40s, had done — take time off to explore, get to know ourselves, and figure out what’s next, without pay or benefits.I started my gap year stressed, lost, and tiredI spent my 20s and 30s trying to have it all — the family, the…

Aerial over the University of North Carolina-Chapel HillRyan Herron | Istock | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Students are heading back to school across the nation and leasing student housing at a faster clip than they were last year. For investors, that creates new opportunities, but one leader in the field cautions that the…

Toyota Motor has a rare problem for an automaker: There is so much demand for its new RAV4 and the inventory is so limited that dealers only have a few days’ supply.”It is really unusual to see cars fly off the dealers’ lots like this,” said Jessica Caldwell, head of product insight at Edmunds. “It is not something that exists in that very practical, very suburban, small-midsize crossover segment.”At Colonial Toyota in Milford, Connecticut, the lack of RAV4s has left owner Bobby Crabtree with several open spots for new vehicles at his dealership. “This lot can handle another 250 vehicles,…

Construction of the new ballroom continues at the White House on Sept. 1 in Washington. A divided U.S. Supreme Court allowed construction of the project to continue in a ruling issued Monday. Win McNamee/Getty Images hide caption toggle caption Win McNamee/Getty Images The Supreme Court’s decision allowing President Trump’s White House ballroom construction to continue could have consequences beyond the project, Georgetown Law professor Stephen Vladeck says. “I think, unfortunately, it sets a bigger precedent,” Vladeck told Morning Edition. He said the administration has repeatedly tried to spend money Congress has not appropriated, while the Supreme Court has made it…

From a warehouse just north of Chicago, Sarah Potempa – celebrity hairstylist and CEO of the viral Beachwaver hair curling iron – keeps thousands of viewers hooked for hours selling products on TikTok live.This kind of livestream shopping, which has boomed in China over the past decade, is building momentum in the U.S. thanks to social media giant TikTok and live commerce platform Whatnot, which just reached a $20 billion valuation. Beachwaver did about $8,000 in sales during the first four hours of a TikTok livestream in late July, which CNBC sat in for. She auctioned off limited-edition curling irons…