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Anita Clemons Swanagan was forced into early retirement at 55 after developing a brain tumor and having several strokes. The medical bills piled up for the expenses that her health insurance would not cover.At one point, she had over $100,000 in medical debt. She said she’d paid most of it off, but doing so drained most of her savings.”Right now, I live totally on what I receive from disability,” Swanagan said at the time of her interview with Business Insider in late 2024, adding, “I wouldn’t consider myself financially stable.” Are you an older American comfortable sharing your retirement outlook…

Stellantis’ Ram display is seen at the New York International Auto Show on April 16, 2025.Danielle DeVries | CNBCAUBURN HILLS, Mich. — Ram CEO Tim Kuniskis reemerged from a seven-month retirement late last year saying he “missed the fight” and admitting the Stellantis brand was getting smashed in the marketplace by its competition.Kuniskis walked on stage during a media event as the speakers blared Detroit rapper Eminem singing “Guess who’s back, back again.” He promised an aggressive turnaround for the embattled truck brand that will extend through 2026.The plan includes more than 25 announcements through next year. Thus far they…

Remote work and a search for affordable housing have reshaped where people live.Cities across the US that might have previously flown under the radar are offering new residents big incentives, from cash to free land.Lillian Griffith moved to Tulsa, Oklahoma, from Alpharetta, Georgia, in August 2022 to take advantage of the Tulsa Remote program, which granted her $10,000 simply for relocating to the city.”The Tulsa Remote program is not some elitist program that only accepts people who work in high-paying positions,” Griffith, a data engineer, told Business Insider in 2023. “It’s more about pulling people who can bring a good…

Nike is raising prices for US customers to offset an expected $1 billion cost increase from tariffs. A “surgical price increase” is how Nike’s CFO Matthew Friend described it.”These tariffs represent a new and meaningful cost headwind,” he said as the company reported its latest earnings on Thursday.The company’s quarterly revenue fell 12% to $11.1 billion — the lowest it’s been for around three years — yet still beat analysts’ modest expectations.Friend outlined a four-part strategy, including the price increases, to mitigate the tariff costs, beginning with diversifying its sourcing and allocating production across countries.Nike said 16% of the footwear…

View of luxury waterfront homes and boats along the intracoastal waterway near Jupiter Inlet in Jupiter, Florida in Palm Beach CountyRyan Tishken | Istock | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Economic uncertainty is creating a divide in the luxury real estate market between ultra-rich buyers and the merely wealthy, according to a new report from brokerage Coldwell Banker. A survey of some 200 agents specializing in luxury property found that ultra-wealthy buyers, defined as…

Mark Cuban said he was “embarrassed” to find out some of his staff were having to use government benefit programs.”When I found out I had employees at our arena on public assistance, I immediately gave raises to every hourly employee and their managers,” Cuban said of staff working for the NBA’s Dallas Mavericks, adding that he was “embarrassed” to make this discovery.”It’s just wrong,” Cuban, who bought a majority stake in the Mavericks in 2000 and retains minority ownership, said in an X post.”The best way to reduce the cost of Medicaid is to name and shame big employers that…

This as-told-to essay is based on a conversation with Anders Kurtén, the 54-year-old CEO of Fraser Yachts, based in Monaco. It’s been edited for length and clarity.I became the CEO of Fraser Yachts in 2023. We’re the world’s largest yacht brokerage with dual headquarters in Monaco and Fort Lauderdale.I’ve been told I was carried aboard my grandfather’s mahogany sailing boat when I was just a few months old. Growing up in Finland, our summers were spent on the Baltic Sea.I didn’t consider turning that passion into a profession at first. My career began in the mid-’90s, building websites in Finland.…

What if the mayor lived in your backyard?That’s the case in Campbell, California, a small city just outside San Jose, where Susan Landry, who recently finished eight years as mayor and a city councilmember, lives in a 400-square-foot cottage in her landlord’s backyard.As a local official, Landry, who’s a practicing landscape architect, pushed for more affordable housing, including more tiny homes like the one she’s lived in since 2013. She pays $1,800 a month in rent, which she considers a deal in her upscale neighborhood of single-family houses. It’s also reasonable given her income, which was about $95,000 last year.She…

Jobs are scarce and wages are stagnant for white-collar workers compared to the boom of a few years ago.White-collar job postings nationwide are shrinking faster than their blue-collar equivalents, Revelio Labs, a workforce intelligence company, found. Those postings fell 12.7% compared to blue-collar’s 11.6% between Q1 2024 and Q1 2025.Office workers are seeing fewer open roles for titles like information specialists, sales representatives, and business analysts. These business and IT roles are seeing the largest decline as the labor market grapples with slowing job growth.Several white-collar roles were on Revelio’s list of occupations that had the biggest declines in openings…

Jessica Testoni is a lifelong resident of Venice who runs a souvenir stall in the city center. Business Insider spoke to her ahead of Jeff Bezos and Lauren Sánchez’s wedding in the city. The following has been edited for length and clarity.I was born and raised in Venice, and I run a souvenir stall near the Doge’s Palace in the city’s touristic center. Before me, it was my father’s stall. We’ve been here a long time.Living here my whole life means that Jeff Bezos and Lauren Sánchez’s wedding isn’t the first celebrity wedding I’ve seen, and I hope that it…