Investment banking analysts at major firms can expect to make nearly $200,000 in their first year out of college

Investment banking analysts at major firms can expect to make nearly $200,000 in their first year out of college, per CNBC. Meanwhile, At Citadel, the median wage for interns is up roughly 25% to $120 an hour this year, per Bloomberg. For a standard month with 40-hour weeks that’

North Carolina ranked number 1 in America's top state for business for 2023

North Carolina ranked number 1 in America's top state for business for 2023, per CNBC. North Carolina also boasts the third best Economy with solid growth, stable state finances and a healthy housing market, per CNBC. America’s Top 5 States for Business: 1.     North Carolina 2.     Virginia

Finance is the No. 1 industry Gen Z wants to work in, says new research per CNBC

Finance is the No. 1 industry Gen Z wants to work in, says new research per CNBC. Meanwhile, Citadel is paying its interns $120 hourly after it bumped its minimum wage by 25%. This results in interns being paid $19,200 a month for 40-hour work weeks. This comes as

The US is headed for a more serious recession than Powell has predicted, Evercore founder, Roger Altman, has said

The US is headed for a more serious recession than Powell has predicted, Evercore founder, Roger Altman, has said. Meanwhile in April, Fed staff projected a mild recession starting later in 2023, in FOMC minutes. Other notes: - Policymakers scaled back expectations for interest-rate hikes this year after banking turmoil;

gen z

57% of Gen Z and millennials struggle to avoid impulse purchases

Per Fortune Over half of Gen Zs and millennials said that they struggled when it came to avoiding impulse purchases. Specifically, 57% of them said that they struggle to say no when it comes to certain purchases made out of impulse. This came as Gen Zs and millennials struggled with

taylor swift

Taylor Swift's Eras tour brings in over $13 million a night in ticket sales

Per Women's Health Taylor Swift was recently on her Eras tour, bringing her to places around the world performing her concert. This results in her raking in $13 million a night in ticket sales, according to Bloomberg. It was reported that after expenses, the singer would mostly likely

walmart

Walton family sold $4.39 billion worth of Walmart shares during 2023's first half

Per Business Insider The Walton family are reportedly the heirs to both Sam's Club and Walmart, and recently, on CNBC, it was revealed that they actually sold some of their shares. This came as the family sold $4.39 billion worth of Walmart stock. This came as Walmart&

airbnb

AirBnB's Joe Gebbia sold $893 million of his company's stock during the first half of 2023

Per Business Insider Joe Gebbia, the co-founder of AirBnB, has sold close to a million worth of the company's stock during the first half of 2023. Specifically, the co-founder sold $893 worth of his stock during that period. This came as AirBnB's shares were up by

morgan stanley

Morgan Stanley survey shows 34% of student loan payors think they can't afford resumed payments

Per Business Insider Research by Morgan Stanley survey reported that 34% of people with student loan debt don't think they can afford payments once it resumes. This comes as only 29% of federal student-loan borrowers said they were confident about being able to afford payments. Marshall Steinbaum, a

julius baer group

Julius Baer Group says Singapore is now regarded as the 'most expensive city' for upper-class lifestyle

Per Business Insider The Julius Baer Group released a new report that ranks Singapore as the most expensive city when it comes to upper-class lifestyle. This came from its 2023 Global Wealth and Lifestyle Report. This came as Shanghai was pushed off the podium, with Singapore becoming the first Asian

south park

South Park's creator's restaurant pays servers $30 an hour as they eliminate tipping

Per Business Insider The creators of South Park, Matt Stone and Trey Parker, have a restaurant called Casa Bonita, which they bought. In the restaurant, they pay their servers $30, and because of this, they announced to restaurantgoers that they didn't need to give tips. Casa Bonita was

Burger King in Thailand has released a burger with 20 slices of cheese and no meat inside

Burger King in Thailand has released a burger with 20 slices of cheese and no meat inside. See more: https://twitter.com/unusual_whales/status/1678957600765779968 Recently, as well, other brands have gone through rebranding, with Costco changing their policy regarding identification. Costco, $COST, is keeping the price of its

Robinhood, $HOOD, has now made 24 hour trading available to all customers

Robinhood, $HOOD, has now made 24 hour trading available to all customers. Per their website: Robinhood 24 Hour Market is available from Sunday 8 PM ET through Friday 8 PM ET. Orders entered for the 24 Hour Market generally could be executed 12 AM-8 PM ET on a full trading

Mark Zuckerberg of $META has been training with Israel Adesanya, a Nigerian-New Zealand mixed martial artist, and Alex Volkanovski, current UFC Featherweight champion

ark Zuckerberg of $META has been training with Israel Adesanya, a Nigerian-New Zealand mixed martial artist, and Alex Volkanovski, current UFC Featherweight champion. Elon Musk and Mark Zuckerberg can reportedly fight at Colosseum, the Italian government has said. In response, Musk, 52, entertained the idea by tweeting, “Some chance fight

Jeff Bezos’ Blue Origin rocket engine explodes during testing

Jeff Bezos’ Blue Origin rocket engine explodes during testing. During a firing on June 30 at Blue Origin’s facility in West Texas, a BE-4 engine detonated about 10 seconds into the test. The engine that exploded was expected to finish testing in July. It was then scheduled to ship

At Citadel, the median wage for interns is up roughly 25% to $120 an hour this year

At Citadel, the median wage for interns is up roughly 25% to $120 an hour this year, per Bloomberg. For a standard month with 40-hour weeks that’s $19,200 before taxes. For finance jobs across the US, median intern pay jumped 19% at 16 top firms studied by Levels.

Bank of America, $BAC, secretly opened credit card accounts in customer names, double charged overdraft fees, and withheld promised perks from users

Federal regulators announced on Tuesday that Bank of America had failed to deliver promised benefits to certain credit card customers, charged them excessive overdraft fees, and secretly opened credit card accounts in their names without their knowledge or consent. The Office of the Comptroller of the Currency and the Consumer

metlife investment management

MetLife Investment Management says 40% of single-family rentals in the US by 2030 could be owned by institutional investors

Per CNBC MetLife Investment Management said that come 2030, 40% of single-family rentals in the US could be owned by institutional investors. This was according to MetLife Investment MAnagement's 2022 forecast. The estimation is that by 2030, at least 40% of single-family rentals, or about 7.6 million

Elon Musk

Elon Musk says self-driving Tesla cars will arrive this year in 2023

Per Forbes After previously mentioning several times that Tesla would be launching its self-driving cars. Elon Musk has once again said that the self-driving Teslas would arrive this year in 2023. This came while Musk was speaking via a video link at a Shanghai artificial intelligence conference. During this conference,

wedbush

Wedbush says Microsoft could reach $3 trillion in market capitalization by 2024

Per Barron's Wedbush has given its expectations on Microsoft, saying that its stock could potentially reach $3 trillion in market capitalization by 2024. This comes as analyst Dan Ives believes that monetizatio of AI could drive the stock higher. Ives: “In this ‘Game of Thrones’ battle for AI

BREAKING: Microsoft has won a US court nod to buy Activision, in a loss for the FTC

Microsoft Corporation has received court approval to proceed with its acquisition of Activision Blizzard Inc., valued at $69 billion. This decision comes after the US Federal Trade Commission's attempt to block the largest-ever gaming deal was defeated. Judge Jacqueline Scott Corley's ruling in San Francisco allows

Apple

Apple AirPods earbuds to get hearing health and body-temp features

Per Bloomberg The Apple AirPods earbuds are getting new features as the company is exploring healing health and body-temp features. On top of this, the company is also entertaining the plan to use USB-C charging ports for its more affordable models. The product is also expected to be linked to

google

Google privacy policy update reveals it'll get everything people post online for AI

Per Gizmodo Google has released a new privacy policy update, and with it, the platform announced that it'll scrape everything people post online for its AI tools. Here's what the new Google privacy policy says. “Google uses information to improve our services and to develop new

instagram

Instagram's Adam Mosseri says there's no room for politics and news on Threads since it isn't worth the headaches that these topics come with

Adam Mosseri, the head of Instagram, has commented regarding Threads and how they didn't envision it to be the newest competitor of Twitter. He also tackled the topic of politics, clarifying as to whether they were welcome on the platform. Mosseri gave a statement clarifying that although politics

citadel

Citadel interns earn a minimum wage of $120 hourly after a 25% increase

Per Bloomberg Citadel is paying its interns $120 hourly after it bumped its minimum wage by 25%. This results in interns being paid $19,200 a month for 40-hour work weeks. This comes as the finance industry is trying to attract younger talent while the tech laytoffs increase. Levels.fyi