The catch with being your own boss
Many are leaving the relative security of a day job to join the so-called “gig economy.” Take, for example, drivers for Uber, Lyft and other ride-hailing services. Many are lured by the promise of high pay for part-time work, but tend to overlook the fact that running a business can be costly.
Household debt through the roof
Total debt went up $460 billion from a year ago and is now just 0.8 percent below an all-time peak of $12.68 trillion in the third quarter of 2008, before the worst of the financial crisis and deep recession. The culprit? More readily available credit for mortgages and loans.
Why snap IPO will be a magnet for investors
Wall Street on the offensive
Big U.S. banks will propose a complete overhaul of how financial institutions investigate and report potential criminal activity, arguing that rules imposed in the years after 9/11 are onerous and ineffective.