GoStudent, the $3 billion edtech darling, scaled fast and partied hard. The result was a mess.

According to an email obtained by Insider, GoStudent’s US office, which had opened five months earlier, closed that September. The company honored its existing contracts, allowing tutors to finish their scheduled sessions. At least 200 people were laid off as a result of the wave of layoffs. GoStudent hired new employees in the midst of…

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Home sellers are slashing prices in these 13 cities, and there’s new evidence that houses will get even cheaper in early 2024

Home prices in the United States remained unchanged in October compared to 2022, though they may fall in early 2024. According to Realtor.com, homeowners are lowering their asking prices at a faster rate. Here are 13 cities where home prices are falling dramatically. Despite historically high mortgage rates, home values have held up this year,…

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An investment research veteran with 20 years of experience names 10 top contrarian stock picks that could see higher earnings ahead despite lower analyst expectations

Sam Burns is the founder of Mill Street Research, an independent investment research firm. Burns discovered ten stocks with low average analyst recommendations but rising earnings estimates. The gap between Wall Street recommendations and expectations may present an opportunity. Swimming against the tide is difficult, but it can be profitable. Wall Street has been pleasantly…

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8 cities where home values are soaring the most in the US, including 5 with median prices still under $260,000 — and 5 where prices are plummeting the fastest

Morningstar has just released its Q4 Markets Observer note. The firm highlighted cities with the highest and lowest home price increases and decreases. Cincinnati, Houston, and Philadelphia are among the fastest growing. The housing market in the United States is currently divided. Many high-flying markets that experienced massive relative appreciation during the pandemic are now…

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Airfares on average are among their lowest in years, but as airline losses mount, how long can the discounts last?

Fare wars are beneficial to air travelers. However, as discounting continues to sweep the industry, airlines are becoming concerned, with many reporting losses for the third quarter of this year. According to data from the U.S. Bureau of Labor Statistics, fares nationwide fell by 13% in September compared to September 2022. They were down 6.5%…

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E-cigarette rates drop for high schoolers, but tobacco use jumps for middle schoolers, study shows

E-cigarette and tobacco use among high school students has decreased, while tobacco use among middle school students has increased across the United States. According to a new study from the Centers for Disease Control and Prevention and the Food and Drug Administration, roughly half of students who had ever tried e-cigarettes reported currently using them…

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