Economics/Class Relations

Meet a dad with 6-figure student debt for his kids’ college who Airbnbs his house for an extra $31,000 a year to keep up with payments

Meet a dad with 6-figure student debt for his kids' college who Airbnbs his house for an extra $31,000 a year to keep up with payments

Meet a dad with 6-figure student debt for his kids’ college who Airbnbs his house for an extra $31,000 a year to keep up with payments

After his kids graduated college, George Botelho took over their loans to help them out. Between that payment and alimony, he can barely stay afloat.

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The first thing 14 lottery winners have bought after finding out they were rich

The first thing 14 lottery winners have bought after finding out they were rich

Winning the lottery may be a dream come true, but what that actually looks like is different for everyone.

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The FTC just slapped Opendoor with a $62 million fine for 'misleading' customers about the true costs of its home-buying business

The FTC just slapped Opendoor with a $62 million fine for ‘misleading’ customers about the true costs of its home-buying business

The FTC says that Opendoor told customers they would make more money by selling to it instead of to regular buyers. Actually, sellers made less money.

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Chipotle: The rich are buying more burritos, and the poorest customers are pulling back

Chipotle: The rich are buying more burritos, and the poorest customers are pulling back

CEO Brian Niccol says high income customers are increasing Chipotle trips in place of more expensive dining, while low income customers are cutting back.

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