The port strike will tip the US into recession if it lasts more than a month, researcher says
The economy could see a hard landing if the ongoing port strike lasts long enough, according to one industry…
Legacy students no longer have an advantage at Stanford and other private California colleges
Gov. Gavin Newsom of California announced a ban on legacy preference in admissions at private colleges in the state….
Even Xi Jinping admits China has a painful road ahead despite his new stimulus
Chinese leader Xi Jinping urged China to “prepare for rainy days” ahead, even after his government announced a stimulus…
Millions of student-loan borrowers just lost access to a key debt relief program — and it could have big financial consequences
The on-ramp period for millions of student-loan borrowers ended on October 1. A program that protected student-loan borrowers from…
Dockworkers went on strike at the worst possible time
Tens of thousands of longshoremen are on strike. Tens of thousands of dockworkers are on strike after the International…
Oregon businesses are spending millions to oppose a ballot measure that would give every resident a $1,600-a-year basic income
Oregon voters will decide on a corporate tax increase that could give residents a universal basic income. Oregon businesses…
A millennial couple details how they went from $150,000 in debt to a net worth of $1.5 million in a decade without elite jobs or risky investments
Lawrence Delva-Gonzalez and his wife, Doreen. Lawrence Delva-Gonzalez, 41, was $150,000 in debt in 2012, working a job that…
A ‘Roaring ’20s’ economy is becoming more likely as bullish factors stack up, UBS says
A slew of bullish factors suggest the economy could be headed towards “Roaring ’20s” status, according to a Monday…
Young Chinese are looking for dupes and cheaper substitutes for everything from Hermès to travel
Chinese consumers are on a budget and they’re not just scrimping on fashion. It’s now become a trend in…
A dockworker strike is set to begin Tuesday. It could disrupt everything from medicine to holiday gifts.
A longshoremen’s strike on shipping docks along the East and Gulf Coasts is set to begin Tuesday, which could…