Millions of Americans are getting a raise from Social Security next year. But the bigger story may be what happens a few years later, when the program’s main trust fund is projected to run dry. The Social Security Administration (SSA) announced a 3.6% cost-of-living adjustment (COLA) for 2027 on Oct. 14, raising monthly payments as
Most arcades in the 1980s and ’90s had one. A glass box in the corner, stuffed with plush bears and off-brand cartoon characters, where you would throw away your money for the chance to claw at something you didn’t really want. The claw would drop, close on a bear’s head and lift it, then either
A low-hire, low-fire labor market has made breaking into the workforce brutally hard for Gen Z. But while most young people are struggling to land their first opportunity, some have jumped the line by building their own small businesses and startups—and young founders are now ramping up hiring even as companies across industries slow theirs.
Millionaire Timothy (or Tim) Armoo made his first fortune at 17, before he could even legally vote. He blew through every penny of it before he turned 19. “I made my first bit of money at 17—that was the first business that I meaningfully sold,” Armoo told Fortune. “And then I lost all that money
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
This year marks the 25th anniversary of Is This It, the classic album by the Stokes, the rock band that turned the page from Gen X pop culture to something more distinctly millennial. It’s also a favorite album for this author and Glassdoor senior economist Chris Martin, who used the phrase in a recent conversation
