Three Bear Stearns bankers walk into a fashionable downtown bar. Twenty years ago, that might have been the start of a joke — or everyone else’s cue to leave. Today, the joke’s on the rest of us. Private equity guys get the nod at hard-to-crack haunts like Zero Bond and People’s. They sit at Bar … Read more
Three in five millennials admit their financial image of themselves doesn’t reflect their financial reality, new research has revealed. That’s according to a series of three surveys, each polling 2,000 millennials, 500 Gen X and 500 baby boomers. Results revealed that 61% of millennials say there are gaps between how they want to be perceived … Read more
Debit or credit? In this economy? Cash-poor and maxed-out consumers are increasingly turning to trendy “buy now, pay later” microloan products to afford everyday necessities — as inflation and the cost of living rise faster than salaries and bank balances. A report from Lending Tree found that 29% of users of popular BNPL brands like Klarna … Read more
Wall Street’s new guilty pleasure started as a lunchroom debate between pre-calc and chemistry classes. Passing the Torch, a newsletter covering markets, economics, politics and culture, was founded in 2025 by Jasper Gould and Emile Chilingirian, both now 17, while they were sophomores at the prestigious Berkeley Carroll prep school in Park Slope. It now … Read more
From gambling and pawning possessions to taking out loans, a new survey uncovered the extreme lengths parents go to afford back-to-school supplies. The survey of 2,000 parents of school-aged children revealed that nearly one in 10 (8%) have gambled in order to have money for their kids’ school supplies. Others admitted to pawning their belongings … Read more
Nearly $400 a weekend — That’s what the average American spends on summer activities, according to new data. Per a recent survey of 2,000 Americans commissioned by DailyPay and conducted by Talker Research, that price tag reflects the balancing act many are facing in order to enjoy summer and have “IRL” moments with family and … Read more
A 300-pound tuna fish doesn’t care how much your house costs. And on the ocean, there are no VIP tables or name-dropping. As the offshore tuna season reaches its peak at Montauk, Long Island, a wave of Wall Street thrill-seekers, million-dollar sportfishing boats and first-time charter anglers are pouring into one of the East Coast’s … Read more
A California ice cream shop is freezing some assets — by placing bets on freezing weather. 28wishes, a bougie independent ice cream parlor in downtown Los Angeles, has been gaining cash on Kalshi, the online “prediction market” app that lets users gamble on everything from political races to Met Gala looks. According to the shop’s … Read more
Free money is officially up for grabs as Trump Accounts are now live. President Trump hosted the heads of the New York Stock Exchange and Nasdaq in the Oval Office on Monday to mark the launch of the new accounts. While the site went up on July 4, the event was the official start. The … Read more
In 2026, money talks — but increasingly, so does a blowout, a brow tint, or a fresh set of lashes. Across social media feeds and salon chairs nationwide, a very ancient idea is making a very 2026 comeback: bartering. Only this time, it’s not barley for labor or tools in Mesopotamia — it’s eyelash extensions … Read more
According to a new study, tax refunds are continuing to increase year-on-year — but half said they’ve had to spend it all on necessities just to get by. The poll of 2,000 U.S. taxpayers who have received their tax refund this year found the average person got $2,825 back, a healthy increase from $2,300 from … Read more
Four in 10 Americans will not be taking a single trip this summer, with cost as the biggest reason why. The survey of 5,000 Americans, split evenly by state and generation, looked at respondents’ 2026 travel plans, and it revealed 37% will not be traveling this summer. For these respondents, the majority are unable to … Read more
America didn’t lose all its malls to the internet. It traded them in for Botox. Walk into any strip center worth its rent in 2025 and you’ll find the same thing: a med spa where the shoe store was and an IV drip lounge where the electronics store used to be. Now there’s data to … Read more
DEAR ABBY: I have been married to my husband for 10 years. We live in a house he already owned before I moved in with him. He wants to make renovations to the house to increase its value. He says the house will go to his four children (all adults) when he passes. My issue … Read more
Americans are scaling back travel spending this year, with 58% planning to spend less than they did last year, according to new research. The online survey of 2,000 Americans, conducted by Talker Research on behalf of CheapCaribbean Vacations, found that rising costs are reshaping travel habits, with budgets down an average of 23% compared to … Read more
Parents think teens should have their first debit card before their 16th birthday, according to new research. A survey of 2,000 parents of teens ages 13 to 17 revealed that not only should today’s teens have a debit card (at age 15.5, on average), they should also have a checking account around the same age … Read more
Their stocks are up. Interview magazine has profiled four young Wall Streeters for its March issue — with the baby-faced bankers dishing on their dating lives, fledgling finance careers and favourite places to blow off steam in the city. The cashed-up quartet, who all live in Lower Manhattan, also posed for pictures at FiDi steakhouse … Read more
DEAR ABBY: I’m a senior male who has been married and divorced twice. For the last eight years, I have been in a relationship with an amazing woman. She has always had some control issues, but because of the love we share, I was able to look past them. I’ve always been the one who … Read more
Most people have savings accounts, but according to a new study, many are unaware of how their money actually grows. Commissioned by LendingClub and conducted by Talker Research, a new survey of 2,000 Americans revealed that 89% are at least familiar with one type of savings account, with the most well-known among them being standard … Read more
Is MrBeast broke? The famous YouTuber, 27, made wild claims about how much money he has in a recent interview with the Wall Street Journal. “It’s funny talking about my personal finances because no one ever believes anything I say, because they’re like, ‘You’re a billionaire,’” MrBeast, whose real name is Jimmy Donaldson, said. “I’m … Read more