Andy Staane started as a bartender at The Mooring in Newport, R.I., in 2002, as a teenager trying to scrape together a few extra bucks. Twenty-four years later, Staane is still in the same role at the same company. But he isn’t just an employee anymore—he’s also a part owner, just like all of his
The American Dream of graduating college, landing a six-figure job, and moving into a white picket-fenced home is slipping out of reach. More Gen Zers and millennials are stuck living with their families than ever—so now Airbnb is investing a quarter of a billion dollars to help turn the tide. Airbnb recently announced an initial
The world’s richest have amassed an eye-watering stockpile of $15.1 trillion—and their heirs are set to take over a third of the global billionaire fortune in the coming decade. Women and Gen Xers are set to take home the largest slice of the pie. About 5,000 spouses and adult children will inherit $6.6 trillion of
In a race that has centered on whether Ed Markey, 80, is too old for another U.S. Senate term, the Massachusetts Democrat’s answer to a recent debate question was especially striking. When asked whether he uses AI platforms like Claude or ChatGPT in his work, Markey seemed unclear on the topic. He responded that he uses
The United States is entering the most expensive phase of retirement. Some of America’s oldest are eligible for more than $100,000 a year in combined Social Security benefits, while remaining as one of the wealthiest generations in the country. The national debt is rising—just passing $40 trillion this month—and Social Security is set to enter
The stock market has been hot but the job market has been cool, potentially leading some older workers to simply head for the exits sooner than they expected. Friday’s jobs data showed that the overall labor force participation rate ticked down to 61.4% in July, the lowest since early 2021 when the economy was still
