Morsa Images | Digitalvision | Getty Images Both remote work and youth unemployment are on the rise since the Covid pandemic — and the two trends are related, according to new research by the Federal Reserve Bank of New York. The unemployment rate for young college graduates swelled to 5.6% in March 2026 from 3.6%…
Barry Diller’s People Inc. is preparing a bid to buy casino giant MGM Resorts, a deal that would value it at more than $18 billion, CNBC’s Andrew Ross Sorkin reported Monday. The proposal has not yet been finalized, though the company is planning an offer of $48.30 per share in cash, Sorkin reported. MGM is…
Trump’s ‘big beautiful bill’ makes 529s lifelong learning accounts Search quotes, news & videos Source link
Matthias Balk | Picture Alliance | Getty Images Five years ago, venture capitalists were pouring money into American startups selling everything from lingerie subscriptions to scheduling software, anointing them with billion-dollar valuations before most even turned a profit. It was a frothy era for startups, fueled by a combination of cheap money and pandemic-boosted demand….
Shoppers enter and exit a Dior luxury boutique in Venice, Italy, on Nov. 16, 2025. Michael Nguyen/NurPhoto via Getty Images The retail industry emerged from a choppy first quarter relatively unscathed, but higher than usual tax refunds and an uptick in buy now, pay later use likely helped to buoy spending. As Wall Street looks…
Vladimir Vladimirov | E+ | Getty Images Student loan borrowers who take certain steps will soon face fewer repayment and debt forgiveness pathways, due to President Donald Trump‘s One Big Beautiful Bill Act. “Be very careful when it comes to taking out new student loans,” said Landon Warmund, a certified financial planner and certified student loan…
Piotr Swat | Lightrocket | Getty Images An experimental lung cancer drug from Akeso and Summit Therapeutics reduced the risk of death by 34% in a closely watched late-stage trial, according to results released Sunday. When combined with chemotherapy, the drug kept people with squamous non-small-cell lung cancer alive for a median of four months…
Marie Phelan said she had never heard of MDMA before spotting a flyer seeking veterans suffering from post traumatic stress disorder. Now, she says the psychoactive drug more commonly known as ecstasy or molly has changed the trajectory of her life. “My experience of MDMA was that it just cracked my heart wide open,” said…
Rita Ferro at Disney Upfront 2026. Courtesy: Disney Co. As Rita Ferro, Disney president of global advertising, prepared to take the stage at the company’s recent upfront presentation, she had actor Paul Anthony Kelly on her mind. Kelly recently portrayed John F. Kennedy Jr. in the limited FX TV series “Love Story,” and met Ferro…
Cars line up outside a food pantry in North Carolina, April 3, 2026. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Consumers are facing price pressures as the costs of groceries and gas rise. The pace of inflation is expected to increase in the coming months, according to the Survey of Professional…