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MARKETS 33 minutes ago
Evergrande's debt crisis is 'manageable' and is not a Lehman-level event, says hedge fund billionaire Ray Dalio
The $305 billion debt crisis facing Chinese property developer is a "manageable" situation, said Ray Dalio.
In Tuesday's interview, he said Evergrande's crisis isn't same as the 2008 collapse of Lehman Brothers.
Evergrande is likely to miss an interest payment on its debt this week. 
Gabby Petito live updates: Autopsy due today
Amazon is lobbying the US government to make pot legal
COVID-19 booster for multiple variants being tested in humans
J&J vaccine: 100% protection from severe COVID after 2nd dose
Report: Apple researching if iPhone can detect depression
Popular Right Now
1Amazon drivers are punished when other people cut them off: report
2Elon Musk: Next SpaceX flight will have better toilets, WiFi, oven
3Mitch McConnell says the GOP will vote for US to default on its debt
TECH 2 hours ago
Google is doubling down on returning to the office with a $2.1 billion deal for a building in NYC
While Google has embraced remote work, it's also made it clear that employees will be expected to return to the office in the future.
NEWS 2 hours ago
Billionaire Leon Black accused of raping woman in Jeffrey Epstein's mansion in 2002, according to court documents
A spokesperson for Black denied the allegations, calling the claims "complete fiction" and a "baseless smear campaign."
RETAIL 22 minutes ago
The Stitch Fix employee who quit during a heated all-hands meeting tells us stylists are being silenced, isolated, and manipulated
Aubrey, who quit on an internal forum, said Stitch Fix is silencing fed-up stylists. Her resignation comes amid turmoil for the fashion company.
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This startup's $18,000 electric car only has one seat. Its CEO told us why he thinks buyers will eat it up.
REAL ESTATE 10 hours ago
Chinese social media users are in an uproar over the letter Evergrande's chairman sent to employees, calling him 'delusional' and accusing him of 'cheating' employees out of money
The letter that Evergrande chairman Xu Jiayin sent to employees became a trending topic on the country's Twitter-like platform, Weibo.
RETAIL 4 minutes ago
A chef who offers health benefits, paid vacation, and a 401(k) plan raised base pay to $18 to $24 per hour and says he's not struggling to hire workers
"The pandemic gave me an opportunity to start with a blank slate and say, let's rebuild the model and the way we've always done things," he said.
HEALTHCARE 4 hours ago
Private investors are pouring hundreds of millions of dollars into a handful of companies quietly powering the digital-health revolution
After the coronavirus pandemic upended healthcare's status quo, new startups see opportunity in the industry's digitization.
ECONOMY 3 hours ago
70% of millennials are living paycheck to paycheck, more than any other generation
Most millennials are hitting a precarious life stage, full of expensive milestones but not peak earnings. The economy of this century hasn't helped.
TRANSPORTATION 25 minutes ago
The creative ways retailers are trying to sidestep shipping delays, from Home Depot flying in power tools to Walmart chartering smaller ships that can fit into tinier ports
As record numbers of cargo ships clog key ports, many retailers have been forced to scrap traditional strategies for much more expensive ones.
MARKETS 2 hours ago
Evergrande's debt crisis rippled through global stock markets, sparking a steep sell-off. 7 strategists lay out whether the crisis has contagion risk — and if it's time to buy the dip.
MARKETS 3 hours ago
The founder of a crypto private equity firm managing $750 million says he thinks bitcoin could hit $500,000 within the next 5 years — and explains how his funds aim for 10x returns with low volatility
MARKETS 34 minutes ago
Crypto investor Pablo Heman shares 6 altcoins he's betting will outperform this bull run — and explains why altcoins like ethereum may be on the verge of flipping bitcoin for good
RETAIL 1 minute ago
Two New Zealand 'gang associates' were arrested after trying to smuggle a car full of KFC chicken, french fries, and 10 tubs of coleslaw during lockdown
This is the second arrest related to smuggling fast-food across the border into Auckland, a city enforcing strict COVID-19 lockdown restrictions.
ECONOMY 3 minutes ago
AOC says ending federal unemployment benefits was 'based on fantasy, not data'
Federal unemployment benefits ended this month, but millions of Americans that were cut off aren't flocking back to work. AOC blames childcare costs.
ENTERTAINMENT 15 minutes ago
'F9,' the latest movie in the 'Fast & Furious' franchise, is now available to rent at home for just $6
"F9" is the ninth entry in the "Fast & Furious" movie series. After an impressive box-office haul, the movie is available to rent or buy through VOD.
TRANSPORTATION 33 minutes ago
Airbus revealed a new version of its CityAirbus flying EV built to fly quietly over urban areas
Airbus has revealed the latest edition of CityAirbus, the company's new eVTOL which could be zipping around cities by 2025.
FINANCE 33 minutes ago
The Embedded Finance Explainer: Nonfinancial companies are increasingly looking to offer financial products via their platforms—here's how innovative FIs can partner with them to capture a $7 trillion opportunity
This report defines the concept of embedded finance and explains its potential impact on how financial services are distributed and consumed.
ENTERPRISE 34 minutes ago
Read the pitch deck that startup Daylight used to raise $12.3 million to help it hire and grow its business of letting customers digitize all their paperwork
Daylight just raised a $12.3 million Series A and plans to use the funding to support the company's rebranding and accelerate hiring.
MEDIA 34 minutes ago
Read the Instagram DM templates that an influencer with nearly 2 million followers uses to land brand deals
Personal-finance influencer Tori Dunlap has used the strategy to score deals with brands like Credit Karma, Four Seasons, and Personal Capital.
HEALTHCARE 35 minutes ago
China's biotech industry has quietly surged to a $180 billion behemoth. Here's how it's reshaping biotech as we know it, from M&A to drug pricing
The Chinese drug industry is now making innovative treatments for disease like cancer at lower prices. That could have global implications.
POLITICS 37 minutes ago
Texas Republican congressman says the Border Patrol agents filmed whipping at Haitian migrants are 'doing God's work'
The Department of Homeland Security announced it has opened an investigation into the treatment of the Haitian migrants, including children.
The best USDA loan lenders of September 2021
Flagstar Bank, Freedom Mortgage, and Guild Mortgage are just a few of the best USDA loan lenders right now; all our top picks allow low credit scores.
TECH 5 hours ago
Tiger Global backed Belfast cloud software startup Cloudsmith after seeing this 17 slide pitch deck
In May, US President Joe Biden signed an executive order designed to make the Federal Government improve its software supply chain security.
HEALTHCARE 5 hours ago
See the 29-slide presentation that scored Xealth $24 million by convincing investors that it's the best way to prescribe health apps
Xealth helps doctors order and prescribe apps or digital services for patients. The company counts top hospitals as its customers and investors.
ECONOMY 24 hours ago
February's student-loan-payment restart will run into a 'psychological hurdle' as many borrowers thought their debt would be forgiven, Biden official says
"The stakes are extremely high" for borrowers who have gotten used to not making any payments on student debt, FSA Director Richard Cordray said.
TECH 2 hours ago
Schools often use AI to find students in crisis — one software-monitoring company reported 5,000 self-harm situations in a single week
Schools often use controversial AI software to detect kids at risk of self-harm, but some say these programs violate students' privacy.
RETAIL 2 hours ago
Sherwin-Williams declared a soft green as its color of the year, to encourage 'rebirth' and 're-emergence'
"Iconically, green is the color of nature and rebirth and all those positive associations with nature and growth," Sherwin-Williams' Sue Wadden said.
NEWS 1 hour ago
An Arches National Park ranger warned Gabby Petito that her relationship with Brian Laundrie seemed 'toxic' after their fight in Utah
"I was imploring with her to reevaluate the relationship," National Park Service ranger Melissa Hulls told Deseret News.
POLITICS 1 hour ago
Tucker Carlson baselessly claims the US military is purging 'sincere Christians' and 'men with high testosterone levels' by requiring vaccines
While Carlson depicted the vaccine mandate as new and a drastic overreach, it's actually the 18th vaccine mandated by the Department of Defense.
FINANCE 1 hour ago
70 promising fintechs disrupting trading, investing, banking, and lending, according to 42 top investors
Some of the US's top investors have placed their bets — and startups that provide back-end tech to other businesses dominated the series.
MARKETS 1 hour ago
Bitcoin's claim to be digital gold loses its shine after the token plunges alongside stocks in the Evergrande sell-off
Bitcoin advocates often call the cryptocurrency "digital gold", but it didn't behave like it as stocks cratered on Evergrande debt default fears.
The amount of money you'll get from the FAFSA depends on your financial need and the cost of your school
The greater your financial need, the more money you are likely to get. Your aid package from the FAFSA will include federal and college money.
FINANCE 1 hour ago
10 top recruiters who can help you nab a job in fintech at firms like Robinhood, Coinbase, and SoFi
Here are 10 of the top recruiters serving fintech clients like Robinhood and PayPal fill roles across finance, engineering, and marketing.
Alliant Credit Union review: It's easy to become a member, with high interest rates on savings and checking
Alliant Credit Union is a great choice if you prefer a credit union over a bank and are comfortable banking digitally.
OPINION 1 hour ago
Books don't make you brave — Trump administration officials should have spoken up when it actually mattered instead of whining to authors after the fact
It takes courage to stand up to your president. But doing so after the administration ends is useless.
MARKETS 1 hour ago
Fintech startup Revolut to take on rivals like Robinhood with commission-free trades amid retail investing boom
The firm, founded in 2015, has quickly grown to be one of the most prominent fintech players. At present, Revolut has over 16 million customers.
The best VA mortgage lenders of September 2021
Rocket Mortgage, Bank of America, Navy Federal Credit Union, and Veterans United are just a few of our favorite VA mortgage lenders.
NEWS 1 hour ago
The anti-abortion group that championed Texas' vigilante law is upset 2 people suing over abortion aren't making 'valid attempts to save innocent human lives'
"Both cases are self-serving legal stunts," said John Seago, the legislative director of Texas Right to Life, to the New York Times.
STRATEGY 1 hour ago
LinkedIn is hiring for 1,000 jobs right now. Here's how to land one, according to its director of inclusion.
When applying to LinkedIn, job seekers should use the platform's resources to display hard skills and a familiarity with the company.
ECONOMY 20 hours ago
Student-loan companies chose to shut down rather than face more accountability, says a top Biden official
Federal Student Aid Director Richard Cordray said he plans to hold the remaining student-loan companies to a higher standard.
CAREERS 1 hour ago
This fall's job market is blazing hot. Here are 7 questions you need to ask in your next interview.
Job seekers usually have to sell themselves in interviews. But today, with so many companies desperate to hire, prospective employees need to be sold.
TECH 4 hours ago
Amazon rolls out 3 new Kindle Paperwhite e-readers, all with 10 weeks of battery life – here's how to preorder
Amazon has announced three new Kindle Paperwhite models, including brand-new Kids and Signature Edition models. Preorders are live now.
ECONOMY 20 hours ago
Businesses have 3 options to tackle the labor shortage and they all have problems
Some businesses are just working their current staff more — which could only make the problem worse, say researchers at Bank of America.
The Frontdoor Collective, a startup made up of more than 100 Amazon delivery companies, just raised $7.5 million to tackle the looming holiday shipping crush
The Frontdoor Collective offers same-day and next-day delivery by knitting together small delivery outfits that contract with Amazon, FedEx and more.
RETAIL 1 hour ago
Building an Effective Social Commerce Strategy
In this free download, Insider Intelligence provides a framework for brands to determine the social commerce strategies most likely to work for them.
The best lenders for FHA loans in September 2021
The best lenders for FHA loans will approve you for a mortgage with a 600 credit score or lower and offer low interest rates.
MARKETS 2 hours ago
Binance to shut down crypto derivatives for Australian customers in December, in a bow to regulators
Binance is shutting down crypto derivative products for existing customers in Australia by the end of the year, in a bid to appease regulators.
TECH 2 hours ago
How Copado landed $140 million after a 45-minute call with SoftBank's Masayoshi Son
A 45-minute Zoom call with Masayoshi Son led Copado to $140 million in funding after the startup CEO described how his product is saving marriages.
The best mortgage refinance lenders of September 2021
The best mortgage refinance lenders have strong customer support and multiple types of loans for you to choose from.
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