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News

Moneywise
moneywise.com > managing-money > budgeting > parents-4k-monthly-unemployed-adult-son-financial-boundaries

Retired parents give their unemployed 43-year-old son $4K a month — $48K a year — and want to cut him off without ruining the relationship

18+ hour, 53+ min ago   (830+ words) With the historic $124 trillion Great Wealth Transfer underway, roughly 42% of American adults say they still rely on the previous generation for financial support. From paying phone bills, to helping with the downpayment on a home, the support can take on…...

Moneywise
moneywise.com > loans > parent-student-loan-debt-death-inheritance

My mom just died and I discovered she borrowed $90,000 to put me through school and never paid it back. Am I on the hook for it now?

21+ hour, 53+ min ago   (937+ words) Collectively, Americans owe $1.66 trillion in student loans, according to government data. But behind that staggering number are millions of stories of the real people living under the crushing weight of that debt. While many people who borrow money for school…...

Moneywise
moneywise.com > news > real-estate-news > new-home-builders-price-discounts-us-metros

New builds are cheaper than resale homes in major metros across the US — here are 10 hot spots for deep discounts now

2+ day, 18+ hour ago   (610+ words) Home builders are the ultimate motivated sellers. While homeowners can list older homes for resale and let them sit, builders need to sell at speed to recover costs and turn a profit. If their homes don’t move fast enough, builders…...

Moneywise
moneywise.com > news > real-estate-news > home-inspection-snake-infestation-auction-farmhouse

A couple who bought a Pennsylvania farmhouse at auction for $460K found it crawling with 7-foot black snakes. Could a home inspection have caught it?

4+ day, 15+ hour ago   (998+ words) Tyler Bouldin bought a run-down Pennsylvania farmhouse at auction six years ago on Halloween — an apt occasion given the horrors that awaited him and his wife, Lauren, when they got the keys to the nearly 200-year-old home. Bouldin told Realtor....

Moneywise
moneywise.com > news > top-stories > ai-training-jobs-white-collar-workers-pay

White-collar workers are getting paid $200 an hour to train AI on their jobs — but they say it's not 'easy money"

1+ week, 1+ day ago   (862+ words) Amanda Brown grades biology students as an assistant professor at Tarleton State University in Texas. Last summer, while she wasn’t teaching, she signed up to grade an AI model’s answers. What followed were tight deadlines, flat-rate gigs that swallowed far…...

Moneywise
moneywise.com > news > top-stories > starbucks-400-million-software-ai-microsoft-ibm

Starbucks plans to replace $400 million in software costs with AI-built tools — and Wall Street is already reacting

1+ week, 2+ day ago   (744+ words) Starbucks is taking its software development in-house and replacing it with AI tools that the company bets can replace traditional software applications, resulting in significant cost savings, a leaked internal presentation reviewed by Bloomberg reported. The Bloomberg story resonated on…...

Moneywise
moneywise.com > life > shopping > zara-death-pants-injuries-hospital

Zara's $45 'death pants' are sending shoppers to the hospital with broken bones — and ER bills that exceed the price tag

1+ week, 3+ day ago   (708+ words) Shopping for the perfect pair of pants is supposed to leave you with a new outfit — not a trip to the emergency room. Zara’s $45.90 ”Flowy Wide Leg Pant” has become a social media favorite for its relaxed silhouette and affordable…...

Moneywise
moneywise.com > news > top-stories > t-rex-skeleton-sold-50-million-gus-south-dakota

A cattle rancher found dinosaur bones on his land for years — then his ranch sold a T. Rex for $50 million

1+ week, 3+ day ago   (608+ words) Forget Bitcoin and the S&P 500. If you want an investment that’s really soaring these days, consider a T. Rex skeleton. In just five years, the asking price for the king of the dinosaurs has jumped 58%. Sotheby’s, on Tuesday, concluded an…...

Moneywise
moneywise.com > managing-money > debt > tan-france-american-debt-habit

Queer Eye’s Tan France says one ‘very American’ money habit makes him 'physically sick’ — here's where he draws the line

1+ week, 3+ day ago   (671+ words) Tan France says he’s experienced three major culture shocks since moving to the US: how big supermarkets are, how late we hold brunch and how often we go into debt. “It makes me feel physically sick,” says the Queer Eye…...

Moneywise
moneywise.com > news > top-stories > trump-strait-hormuz-toll-walkback-gas-prices

Trump walks back 20% Strait of Hormuz toll that experts said would have hiked gas prices 35 cents a gallon and violated maritime law

1+ week, 4+ day ago   (815+ words) President Trump walked back his plan for the U.S. to “become guardians” of the Strait of Hormuz on Tuesday — a strategy that he previously said would have imposed a 20% toll on all cargo shipped for “providing safety and security to this…...