Welcome to Money Questions, a series in which TIME provides expert-backed answers to your questions about debt, rising prices, high interest rates, the uncertain economic outlook, and more. While TIME can’t and won’t offer personal investment or financial advice, we hope this occasional feature will help you as you navigate this stressful and confusing time. Everyone’s fina…
Read more
Pig-butchering scammers have likely stolen more than $75 billion from victims around the world, far more than previously estimated, according to a new study.
John Griffin, a finance professor at the University of Texas at Austin, and graduate student Kevin Mei gathered crypto addresses from more than 4,000 victims of the fraud, which has exploded in popularity since the pandemic. With blo…
Read more
Before the pandemic struck, Lucy Jefferson spent nearly £50 ($57) a day commuting from London, where she had moved in 2019, to Birmingham, England where she worked as a product manager at a large U.K. bank. Although it was Jefferson’s choice to relocate 125 miles away, she believed that the 5 a.m. starts and two-and-a-half journey weren’t necessary for her to do her job well. …
Read more
Bloomberg — President Joe Biden’s sweeping infrastructure law was supposed to ease problems for the trucking industry and relieve supply chain woes, but the law overlooked a vital necessity for truckers: Parking.
Overcrowded truck stops force drivers to often spend hours scavenging for parking wherever they can find it, even in illegal and unsafe spots. The problem has simmere…
Read more
Liz Paquette felt clueless when she walked into her college advisor’s office two years ago seeking his help to find an internship. She told him she had just one requirement: The company had to treat its people, its customers, and the planet well.
Paquette did the research with her advisor at Assumption University in Worcester, Mass., and they found an internship at organic yogurt ma…
Read more
(To get this story in your inbox, subscribe to the TIME CO2 Leadership Report newsletter here.)
The link between climate and the private sector was top of the agenda. In my session with investor and philanthropist Tom Steyer and Apple’s head of environment, policy, and social initiatives Lisa P. Jackson, we dug into what strikes me as one of the biggest challenges at the in…
Read more
A version of this story first appeared in the Climate is Everything newsletter. If you’d like sign up to receive this free once-a-week email, click here.
There is nothing like a tax filing deadline (May 17 this year, for Americans) to make you think about where your money goes, espe…
Read more
Tesla Inc. reduced prices of its more expensive models again, days after Elon Musk said cuts earlier this year had piqued interest in the company’s electric vehicles.
The Model S and X now start at $89,990 and $99,990 in the US, down a respective 5.3% and 9.1%, according to Tesla’s website. The company lowered prices of the higher-performance Plaid versions of each vehicle by …
Read more