Finland gave people free money. It didn’t help them get jobs — but does that matter?

Finland gave people free money. It didn’t help them get jobs — but does...

Preliminary results are in for Finland’s landmark experiment with basic income — the idea that the government should give citizens a regular infusion of free cash with no strings attached. The outcome is not what Finland hoped it would be. But it’s arguably a success anyway. The Finnish trial, the results of which were released…
The Millennials Who Pay for Their Parents’ Living Expenses

The Millennials Who Pay for Their Parents’ Living Expenses

This article originally appeared on VICE Canada. When did we all start seeing millennials as sad, lazy, degenerates? Was it when some white dude blamed avocado toast for all of our financial shortcomings? Or when living at home longer became an indicator of laziness rather than a shitty housing market? Or can we thank the…
Fyre’s Billy McFarland Has Negative Money In The Bank

Fyre’s Billy McFarland Has Negative Money In The Bank

But Magnises was only the amuse-bouche to Fyre Festival's now-infamous bread and cheese sandwich thrown haphazardly in a styrofoam box. The festival was in legal hot water from the start. Weeks leading up to it, Fyre Media Inc., the company behind the festival, claimed to investors that it was worth $90 to $105 million, yet…
Maxine Waters’s latest task in the House: protecting you and your money

Maxine Waters’s latest task in the House: protecting you and your money

Rep. Maxine Waters (D-CA) has a long list of items on her agenda as the head of a House committee charged with overseeing the banking industry and economy. Whether it’s bringing in Wells Fargo representatives for questioning, finding out what Mick Mulvaney did at the Consumer Financial Protection Bureau, or creating a subcommittee on discrimination…
The 2019 Makeup Launches We’re Using Our Holiday Money To Buy

The 2019 Makeup Launches We’re Using Our Holiday Money To Buy

It's time to toast, because there's a lot to look forward to in 2019. Game of Thrones finally returns for its final season, Cardi B and Janelle Monáe might be winning Grammy Awards, and we have several badass women taking seats in Congress. But before we crack open the champagne and count down to the…
Millennials Aren’t ‘Killing’ Industries, We’re Just Broke, Study Finds

Millennials Aren’t ‘Killing’ Industries, We’re Just Broke, Study Finds

Just some stock image millennials trying to make ends meet. Photo via Getty For years, the personal habits of millennials have been pored over as if the generation now between 21 and 35 years old had descended from outer space. Millennials have been accused of "killing" everything from malls to threesomes to golf to home…
Cindy Hyde-Smith called for a “front row” seat at a lynching. Now donors want their money back.

Cindy Hyde-Smith called for a “front row” seat at a lynching. Now donors want...

Ahead of the midterm elections, Sen. Cindy Hyde-Smith (R-MS) attended a speaking event and, in thanking a cattle rancher for his support, said: “If he invited me to a public hanging, I’d be on the front row.” A few weeks later, and after a video depicting the comment was made public, Hyde-Smith’s campaign received a…
Stores use these tricks to get you to spend money. Don’t fall for it.

Stores use these tricks to get you to spend money. Don’t fall for it.

The holiday season in America is one giant spending fest, as the months of November and December can account for 30 percent of a brand’s sales, according to the National Retail Federation. Between Black Friday deals and other pre-Christmas shopping, Americans will spend about $720 billion — and companies employ many time-tested tactics to ensure…
How to Start a Business When You’re Young and Broke

How to Start a Business When You’re Young and Broke

For young people saddled with student loan debt, rising housing costs, and wage stagnation, the prospect of starting a business—much like buying a house, maintaining a savings account or eating a meal that’s not some variation on instant ramen—can feel like an impossible feat. All this financial stress may explain why millennials—who, despite having a…
Of Course Millennials Are Open About Money — We Wanna Get Paid!

Of Course Millennials Are Open About Money — We Wanna Get Paid!

“They’re posting other pictures of what type of car they drive, where they go on vacation and so on and so forth,” Ricardo Perez-Truglia, an assistant professor of economics at University of California Los Angeles, told Bankrate. “So, given that you’re already revealing all of that, I think that revealing what your salary is may…

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