A six-figure freelance coach shares how workers should prepare for the inevitable shift in side hustles
LinkedIn cofounder Reid Hoffman once predicted in an interview that the traditional 9-to-5, where workers have one stable job, would be extinct by 2034 and replaced with people working multiple roles across several industries. Hoffman’s comments recently gained fresh steam on X, formerly Twitter, and are completely in line with many American workers, including Hannah…
Nike’s new CEO is a company lifer — but an expert explains why that’s not a great idea now
Nike’s incoming CEO, Elliott Hill, is a study in company loyalty, starting as an intern in the 1980s. Nike’s incoming CEO is no stranger to the sports apparel company, beginning as an intern and working his way all the way up to the top spot. Elliott Hill will be pulled out of his four-year retirement…
A key US consumer indicator has dipped to ‘crisis levels,’ SocGen says
The US personal savings rate has dropped below 3% – a level historically associated with recessions, according to SocGen. US consumers are flashing a key signal that has typically preceded a recession — and investors have reason to be on high alert for more signs of weakness, according to Société Générale. The bank pointed to…
Trump’s already massive New York civil fraud penalty has grown by $24M in interest ahead of a Thursday court showdown
Donald Trump campaigning this week in Savannah, Georgia The small fortune Donald Trump owes the state of New York has grown at breakneck speed, rising by another $1 million in interest every nine days as the former president appeals the $454 million civil fraud judgment set by a Manhattan judge back in February. On Thursday,…
Why China’s new stimulus bazooka isn’t enough to fix the nation’s housing crisis
China’s all-out stimulus package will fail to meaningfully reverse ongoing chaos in the nation’s property market, JPMorgan said in new research. Though Beijing committed on Tuesday to reduce mortgage rates and downpayment rules, the bank said these efforts will not bolster housing consumption as hoped. “These measures are unlikely a game changer,” strategists led by…
Apartment rents are down and supply is up 170% in Buenos Aires since Argentina scrapped all rental regulations
Buenos Aires is seeing a rental market boom. Since last October, rents have fallen 40% and supply has skyrocketed over 170%, according to The Wall Street Journal. The increasing affordability comes after Argentina did away with restrictions on year-to-year rent increases, which sent initial lease prices soaring and locked up some of the city’s available…
FAA chief says Boeing and SpaceX should be treated the same after Elon Musk accuses regulator of playing favorites
The head of the Federal Aviation Administration, Mike Whitaker, hit back at Elon Musk’s accusations that the regulator was treating SpaceX more harshly than Boeing. The head of the Federal Aviation Administration has pushed back against Elon Musk’s claim that the agency should punish Boeing for its Starliner failures rather than impose “petty” fines on…
Uber is bringing robotaxis from China’s WeRide onto its platform — but not in the US
Uber is partnering with Chinese firm WeRide to add its robotaxis to the platform. Uber is partnering with a Chinese tech giant to add more robotaxis to its app — but don’t expect them to come to the US anytime soon. The ride-hailing company announced a partnership with Chinese self-driving firm WeRide on Wednesday, which…
2 passengers were injured when United Airlines pilots responded to an inflight collision warning
The incident involved a United Airlines Boeing 757 (not pictured.) The FAA has opened an investigation after two passengers were injured when a United Airlines plane responded to an alert from a midair collision system. Flight 2428 from Newark was nearing San Francisco International Airport on the afternoon of 19 September when the plane slowed…
