Author: Editor

Many caregivers for older loved ones are stuck in a painful dilemma: They’re willing to put their financial security at stake to care for loved ones today, but that leaves them at risk of being a burden on their families later on as they age.This “generosity paradox” is at the heart of “The Financial Impact of Caregiving” report by Edward Jones, Age Wave, and The Harris Poll, which was shared exclusively with Business Insider. The report found 87% of caregivers providing financial assistance agreed that they didn’t want to feel like a burden, while 81% said they were willing to…

If you ask pundits, 2024 was the Podcast Election (which also means it was the YouTube Election). And maybe 2026 is the Influencer Election.One thing the chattering class won’t call it is the Television Election — because everyone knows everyone has stopped watching TV.Except that’s not how political campaigns are run, at all.Even in 2026, more than 60% of the estimated $11.6 billion spent in this election cycle will go to good ol’ fashioned broadcast and cable TV. Another 20% will be spent on streaming TV.If you think that doesn’t leave a lot of room for things where you and…

Leopold Aschenbrenner’s pitch for why he — a college-aged German with no prior finance experience — was the best choice for an investor hoping to nail the artificial intelligence wave revolved around his network.”Right now, there are perhaps a few hundred people, most of them in San Francisco and the AI labs, that have situational awareness,” the former OpenAI employee wrote in his 2024 viral essay “Situational Awareness: The Decade Ahead.””Through whatever peculiar forces of fate, I have found myself amongst them.”Now those same connections — chief among them, his wife, Avital Balwit, the chief of staff to Anthropic founder…

Work from home is dead: You’ve probably heard some version of this declaration from your boss over the past year. But the numbers show that WFH is actually very much here to stay. The prevalence of working from home has barely budged over the last two years, at around 26% of all American work days.That’s a lot less than the 62% we saw in the early months of the pandemic — but a near quadrupling since 2019, when that share was at a miniscule 7%. Had the pandemic never happened, it probably would have taken us 40 years to get…

WASHINGTON, DC – SEPTEMBER 19: CNN signage on the network’s booth in the press area of the White House after journalists with the network were earlier denied entry to the White House grounds, on September 19, 2026 in Washington, DC. Graeme Sloan/Getty Images hide caption toggle caption i Graeme Sloan/Getty Images A federal judge ruled late Tuesday that President Trump cannot ban news organizations from covering him at the White House because he does not like the nature of their coverage – at least, not until the matter goes to a formal trial. U.S. District Court Judge Timothy J. Kelly…

Chinese companies aren’t winning overseas just because they’re cheaper, according to Goldman Sachs, challenging one of the biggest assumptions behind China’s export boom.”Intuitively, I think we would all associate with the Chinese product, with price deflation, price cuts,” Trina Chen, co-head of Greater China equity research at Goldman Sachs, said on the bank’s “Exchanges” podcast published Tuesday.But Goldman found Chinese products often become more expensive after entering foreign markets, partly as their quality improves, while price cuts tend to come later as established rivals fight to defend market share.The finding challenges the view that Chinese firms win foreign markets by…

The US Treasury Department said it is imposing more than $1.2 billion in penalties against Bank of America.The Treasury said in a Tuesday news release that the bank — the country’s second-largest — failed to report over $5 billion in suspicious transactions to the Financial Crimes Enforcement Network. This included Chinese money-laundering networks along the US’s southwestern border.It added that the bank had also violated several sanctions programs, “including on Iran, Russia, narcotics, and global terrorism.”The Treasury did not provide details of when these missteps occurred. Its release said the fine was the third-largest penalty it had imposed in its…

United Airlines is getting rid of one path to achieve elite status in 2027 and making its top tier harder to reach.The Chicago-based airline is removing the ability for MileagePlus members to earn status partially based on flight segments flown in a calendar year for 2027. Instead, starting Jan. 1, United will only consider the number of points members earn based on Premier qualifying points earned from eligible flight spending, award travel and eligible United credit card spending.United announced the change Tuesday in emails to MileagePlus members and on its website. The change aims to simplify how customers earn Premier…

This as-told-to essay is based on a conversation with Becky DeGrossa, a 66-year-old who is founder of CounselingWise from Boulder, Colorado. It’s been edited for length and clarity.I earned a degree in computer science from Cal Poly and then spent 20 years in total at IBM, leaving the company in 2003. When I left, I was a consultant and managing principal, and I was supposed to be leading the team up the hill — but I just really wasn’t passionate about it at all anymore.I spent a year thinking, “I’m going to go do something else. I’ve been here forever.…

For a long time, “I have an idea for a business” was followed by “I just need…” Would-be entrepreneurs had the inspiration but got stuck because of logistics, like needing development support to build an online store or enough capital to buy inventory of multiple products.Over the last decade or so, e-commerce platforms and AI have shifted the equation, making it less of a hurdle to start a business. According to Shopify’s Entrepreneur Effect report, 86% of entrepreneurs say e-commerce platforms have made starting a business easier than it was 10 years ago. Logistics is finally keeping pace with inspiration,…