This as-told-to essay is based on a conversation with Brent Phillips, 47, a software engineer who started renting out units on his guest ranch in Burton, Texas, to help pay bills. The following has been edited for length and clarity. Loading audio narration… I’ve been a software engineer my whole…
Headlines
See All
Wide pants, a Middle Eastern oil crisis, and pesky inflation. It almost feels like the 1970s, but don’t expect this decade’s labor crisis to hit Americans who work with their hands. Loading audio narration… Instead, the AI-revolution labor squeeze will come for office workers, Marc Rowan, the CEO of private markets giant Apollo, said.”This will be very, very far-reaching, almost every job will be enhanced or replaced,” Rowan said, noting this was “certainly” the biggest…
West Texas Intermediate (WTI) US Oil tumbles on Wednesday, trading around $92.30 at the time…
A US Navy fighter jet knocked out the rudder of an Iranian-flagged oil tanker in…
Most Popular
Finance news
View More
Our story about millennial daughters paying the price to take care of aging parents really struck a nerve. Loading audio narration… As a millennial daughter myself, I was interested: A mix of actual costs, lost wages, and missed retirement contributions can cost daughters caring for their parents nearly $300,000.This was…
Business
View More
PayPal is reportedly weighing cuts of up to 20% of its workforce as the payments giant ramps up cost-cutting efforts under new leadership. The potential layoffs come as PayPal faces mounting pressure on profitability despite continued revenue growth.FOX Business reached out to PayPal for comment. Bloomberg and The Wall Street…
Markets
View More
New Disney CEO Josh D’Amaro outlined a new growth strategy for the entertainment giant as the company announced its quarterly results, which includes a focus on investing in content as well as technology. D’Amaro, who succeeded former Disney CEO Bob Iger in mid-March, said in a letter to shareholders that…
