Author: Editor

Student-loan borrowers could lose their Social Security checks if they fall behind on their loan payments. Democratic lawmakers want to put an end to that practice.On Monday, Sens. Bernie Sanders, Elizabeth Warren, and Ed Markey introduced a bill to prevent older student-loan borrowers and borrowers with disabilities from facing Social Security garnishment if they default on their payments.A fact sheet of the legislation reviewed by Business Insider said that the bill would prohibit the Treasury from seizing Social Security payments, including Social Security Disability Insurance, and protect those borrowers from “unnecessary forced collections.”Sanders said in a statement that “in the…

Heading into the fall, retailers will need to shift their emphasis more toward offering a better value for cash-strapped households.While retail prices are relatively straightforward things, value is harder to nail down as households are continuing to look for ways to get the most out of their limited dollars. Other areas of the economy are navigating this shift, including fast food and consumer products, and this week the major retailers will provide the latest update when they report quarterly results.US retail sales dropped 0.6% in July, according to Census data published Friday, and an EY-Parthenon survey published last week found…

After seven years spent building a life in London, I packed up my belongings, boarded a one-way flight to Australia, and moved straight back into my childhood bedroom.The decision didn’t come easy, but it happened quicker than I ever thought it would. My work contract was finishing, my lease was up for renewal, and I was feeling incredibly burned out. This May, it felt like the universe was telling me it was finally time to say goodbye to the hustle and bustle I had called home for the majority of my 20s.After years of hyperindependence and living as far from…

The young class of AI founders has gone hardcore, with sober lifestyles and 996 schedules.Sleep, however, remains an open question.There are two competing sleep cultures in Silicon Valley. The biohackers say that rest helps optimize performance. The hustlers say that founders should work through the night. To sleep or not to sleep, that is the question.Business Insider asked three young founders to share their sleep habits. And to be scientific about it, we didn’t just take their word for it. We spent four days tracking their shut-eye, requesting early morning texts detailing their prior night.Some founders demanded their Zzzs. Others…

Law Roach is careful not to let client relationships get too personal.Speaking on SiriusXM on Saturday, the celebrity stylist said he tries to keep clear boundaries with the people he works for.”I always had a rule not to become friends with clients,” Roach said.He described his relationship with Zendaya as the exception, saying they had “grown up together” and are like “family.” With other clients, he prefers to maintain some distance.Roach shared an example he uses with his assistants and people who work under him to explain why mixing friendship and business can get tricky.”They say, ‘Come over, let’s have…

A Montauk-based granola brand has recalled its granola intended for breastfeeding mothers due to a potential risk of Salmonella.The Hampton Grocer announced in a Friday statement on the Food and Drug Administration’s website that it had recalled its 8-ounce packs of “Lacnola Lactation Granola” because they could be contaminated with Salmonella. Two lots of the product, with expiration dates of October 21, 2026, and February 13, 2027, have been recalled.The company said in an emailed statement to Business Insider that its ingredient supplier, Food to Live, had notified it that one of their products had tested positive for the bacteria.…

This as-told-to essay is based on a conversation with Masashi Nakamura, 29, who is running Nakamura Farm, a small Wagyu farm in Kagoshima Prefecture, Japan. His words have been edited for length and clarity.I was working at a meat processing facility in Tasmania when my interest in Wagyu began. It was 2024, and I had just moved from Vancouver after my plans to study web development fell through.One day, I noticed the word “Wagyu” written on the hanging beef carcasses. Having grown up in Japan, I’d always taken this kind of beef for granted. But seeing how highly people overseas…

Baby Ruth, Butterfinger, Froot Loops, Frosted Flakes. They are all now owned by the same Italian company.Best known for Nutella and Ferrero Rocher chocolates, Ferrero has spent much of the past decade buying established American food brands and investing in US manufacturing.The privately held company now has more than 50 brands in its US portfolio, spanning chocolate, candy, mints, cookies, and breakfast cereal.The expansion has transformed Ferrero’s US business. The company says the US accounts for about 15% of its global revenue, up from about 4% a decade ago. Since 2017, its annual US revenue has grown from roughly $600…

When I lived in Los Angeles, I considered Palm Springs a sunny respite about a few hours away from the hustle and bustle of the city. I made a point of visiting the desert city a few weekends a year to enjoy perfect winter weather and laid-back, poolside hangs.I never imagined living there, though, until the COVID-19 pandemic hit. Suddenly, Los Angeles felt claustrophobic.Like many others in the city during this time, I wanted to find a place with more breathing room. Since most of my work was already remote, I was not tethered to a location and decided to…

Lena Koropey’s mother was diagnosed with Alzheimer’s disease nearly a decade ago. Since then, she’s watched her once-independent mother come to rely on others for nearly every part of daily life.”It’s definitely getting harder each year,” Koropey, 48, told Business Insider.Six years ago, Koropey bought a three-bedroom home in Mattituck, on Long Island’s North Fork, where she lives with her mother and a live-in caregiver. The house is only 1,300 square feet, but it sits on half an acre, giving Koropey room to rethink their living arrangement as her mother’s condition progresses.”I’ve created spreadsheets and mapped out various scenarios, including…