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If you’re looking for a job, now is not the time to be shy.In today’s brutally competitive employment market, career advisors say networking is critical — even if that means reaching out to former colleagues, old friends, or other folks you haven’t spoken to in years because they now work at a company you’re targeting.Roy Cohen, a career coach in New York, said a client recently did this via LinkedIn after spotting an attractive job opening at a private-equity firm where his former college roommate is employed. Though they hadn’t been in touch in over a decade, the former roommate…

When selecting the 401(k) investment options offered by your employer, you likely check the performance of a particular fund before you invest.That process could soon be put to the test, as private equity and other alternative investment assets, once closed off from the average person, are introduced into more retirement savings plans.A few plan sponsors (2.2% as of last year) have already experimented with offering alternative assets in their plans. President Trump’s August executive order is likely to push this number higher.The industry’s pitch is that everyday people will get the chance to invest in an asset class that has…

Every generation of young people faces challenges, Ross Gerber said.”When I was a kid, the cost of housing was high, and interest rates were 7.5% on a mortgage, and there was an earthquake in LA, and you couldn’t get a job,” he said.The CEO and cofounder of Gerber Kawasaki Wealth and Investment Management, a $3 billion asset manager, underscored how cheap and easy it is to start an online business, and hailed the wealth of career opportunities created by the AI boom.”This couldn’t be a more abundant and opportune time to be a young person,” Gerber said. College students who…

The copycat weight-loss drugs party was supposed to be over, but it’s still raging on.Because of shortages of the name-brand medications — Ozempic or Wegovy for semaglutide and Zepbound or Mounjaro for tirzepatide — the FDA allowed a flood of providers to jump into the market over the past few years with cheaper, off-brand versions called compounded drugs. The FDA declared the scarcities resolved over the past year, so if people wanted to keep taking the GLP-1s, they would need to switch to the patented versions. Many patients were not thrilled with this, given the eye-watering price tags on the…

Callie Rogers was just 16 when she won £1.9 million (about $3 million) in the UK’s lottery in 2003, and she was too young to know how to manage her money or where it would lead her, according to Gawker.After briefly vowing to manage her winnings responsibly, Rogers made quick work of her fortune. She reportedly spent millions on vacations, clothing, cars, breast implants, and (according to British tabloid The Sun) more than $300,000 on cocaine.She also reportedly spent more than a quarter of a million dollars on a bungalow and a house for her mother.Rogers eventually became a mom…

The struggle to find work is real — and sometimes you need moral support.Over the past year, I’ve spoken with dozens of fed-up American job seekers. As the number of open roles in the US dwindles from the record-highs reached in 2022, many have told me their searches are stressful, emotionally draining, and isolating.They’ve also found it difficult to assess the flood of advice they come across, saying the market is shifting so quickly — due to factors that include tariffs and AI — that it’s hard to know which tips will actually pay off. So I invited six of…

2025-09-20T21:39:33Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. President Donald Trump signed an executive order on Friday making changes to the H-1B visa program. US employers hiring foreign skilled workers must now pay a $100,000 application fee. The majority of H-1B applications are for professional, scientific, and technical services. Some employers may struggle with the new $100,000…

Hiring skilled foreign workers through America’s H-1B program now comes at a steep price.President Donald Trump signed an executive order on Friday requiring US employers to pay a $100,000 application fee for the visa program. The order takes effect on September 21 at 12:01 a.m. ET.The White House told Business Insider on Saturday that the new fees would apply only to new applicants. Commerce Secretary Howard Lutnick on Friday, however, said it would also apply to renewals. The executive order itself does not specify.Trump and Lutnick said the executive order was needed to prevent abuse of the H-1B visa program.Workers…

The viral video of a Starbucks barista declining to put “Charlie Kirk” on a customer’s cup, citing corporate policy, has brought scrutiny to the company’s requirement that staff write on every beverage.The mandate, intended to improve the customer experience, is a source of frustration for some baristas — because failing to do it, or writing the wrong thing, can have consequences.Internal guidelines reviewed by Business Insider outline specific rules for notes and disciplinary guidelines for infractions. A serious infraction of the rules, like a profane message or repeatedly forgetting to mark a customer’s cup, can lead to termination.”Starbucks prohibits the…

Erik Siebert, then interim U.S. Attorney for the eastern district of Virginia, speaks at a news conference on March 27 at an FBI field office in Manassas, Va. Siebert resigned Friday after President Trump said he wanted him “out” after the U.S. attorney’s mortgage fraud investigation into New York Attorney General Letitia James failed to result in criminal charges. Rod Lamkey/AP hide caption toggle caption Rod Lamkey/AP WASHINGTON — A federal prosecutor in Virginia whose monthslong mortgage fraud investigation into New York Attorney General Letitia James has not resulted in criminal charges resigned Friday under pressure from the Trump administration.…