Thousands of members of the WallStreetBets forum have discussed shorting the company, per Bloomberg. Reddit is aiming for a valuation of up to $6.5 billion in its upcoming initial public offering, according to sources familiar with the matter. The social media platform intends to set a price range of

For the first time in over twenty years, it's more cost-effective for blue-chip companies in the US to issue shares than to borrow in the debt markets, as per data compiled by Bloomberg. "After three years of losses, the Utah-based company wanted to avoid debt and pay

The typical mortgage payment is up 7.2% from last year and has increased by 103.1% since pre-pandemic, per Zillow. According to Zillow, the monthly mortgage payment on a typical U.S. home has nearly doubled since January 2020, increasing by 96% in just four years. Currently, a typical

For the first time since 2019, the tooth fairy is paying less for lost teeth than the year before, per Axios. The national average gift value for a single lost tooth from the tooth fairy decreased by 6% to $5.84, down from $6.23 last year, according to a

In some high-cost cities, a $150,000 annual salary qualifies as a "lower middle class" income, per GOBankingRates. "In America’s most expensive cities, the bar has definitely been raised to be considered ‘middle class,’" said Andrew Murray, lead content data researcher at GOBankingRates, in a

The head of Russia’s space agency said it’s working on plans with China on ways to deliver and install a nuclear power plant on the moon by 2035, [er Reuters. "Today, we are seriously considering the project," stated Yury Borisov, the general director of Roscosmos, during

Arizona Governor Katie Hobbs plans to cancel $2 billion in medical debt for up to 1 million residents. "Today, I am thrilled to announce our initiative to alleviate medical debt for an estimated 1 million Arizonans," Hobbs stated at a press briefing on Monday. "This represents a

The immigration crisis may bankrupt cities such as New York, Denver and Chicago as federal funds fall short of needs, per CNBC. The recent influx of migrants has placed significant financial strain on major cities across the U.S. "It's becoming politically unsustainable for the Biden administration

The US Supreme Court has approved Donald Trump to appear on the Colorado ballot once again. The justices unanimously ruled that states cannot use a post-Civil War constitutional provision to prevent presidential candidates from appearing on ballots without prior action from Congress in D.C. The ruling came in a

Texas immigration law to take effect, with Texas law enforement now authorized to arrest and detain any illegal immigrants crossing the border, per Bloomberg. The 5th U.S. Circuit Court of Appeals in New Orleans has temporarily stayed a lower court's ruling that blocked a Texas law granting

Per Klarna: * The AI assistant has had 2.3 million conversations, two-thirds of Klarna’s customer service chats * It is doing the equivalent work of 700 full-time agents * It is on par with human agents in regard to customer satisfaction score * It is more accurate in errand resolution, leading to

Goldman Sachs, $GS, has forecasted that US GDP would jump by 1% if 60 million Americans took a GLP-1 drug, pe BI. A Goldman Sachs analyst stated in a note on Thursday that the US economy could see accelerated growth with an increased uptake of GLP-1 weight-loss drugs. According to

Elon Musk of $TSLA is suing OpenAI, $MSFT and its CEO Sam Altman, saying the company behind ChatGPT has diverged from its original, nonprofit mission by partnering with Microsoft for $13 billion and keeping its code for its newest generative AI products a secret Musk, a co-founder of OpenAI in

The US economy is at risk of tilting towards stagflation, or a period marked by low growth and persistently high inflation, which would prompt investors to favor stocks over bonds, per JPM. JPMorgan warns that the US economy may be heading towards stagflation, a period characterized by low growth and

Reddit is aiming for a valuation of up to $6.5 billion in its upcoming IPO, as per a source familiar with the matter. The company intends to price its IPO shares between $31 and $34 each, as reported by The Wall Street Journal. Reddit filed for its IPO in

Read their original article: https://www.businessinsider.com/overemployed-remote-jobs-workers-millennials-tech-overemployment-retirement-savings-2024-2#:~:text=Some%20%22overemployed%22%20workers%20are%20secretly,extra%20income%20and%20job%20security. Over the past year, Business Insider has interviewed approximately 10 individuals who have quietly taken on multiple remote jobs, collectively earning up to $820,000 annually. These "

Nvidia, $NVDA, CEO Jensen Huang asked which competitors keep him up at nigh. When asked about his biggest competitor and what keeps him up at night, Nvidia's CEO, Jensen Huang, responded, "They all do." He acknowledged several competitors, including Google's TPU team, AWS Trainium

Half of college graduates are working high school level job, per Bloomberg. A recent joint report by two research firms revealed that within a year of graduation, approximately 52% of recent bachelor's degree recipients in the US are employed in positions that do not require a college education.