45-year-old ‘fake retiree’ shares the most surprising lessons he learned when he tried to retire early

In June 2012, at 34 years old and after 13 years of working in investment banking, I wanted out. So I decided to negotiate a severance, retire early, and live off passive income through my rental properties, stock dividends and e-book sales. But just one year in, I realized that the life of travel and … Read more

As inflation surges, more Americans are living paycheck to paycheck

Inflation has been causing economic hardship for workers across all income levels. As of June, 61% of Americans — roughly 157 million adults — lived paycheck to paycheck, according to a new LendingClub report. That’s up from 58% who reported living paycheck to paycheck in May. A year ago, the number of adults who felt … Read more

Google will once again test augmented reality glasses in public

Google AR glasses prototype Google Google will test augmented reality prototypes in public settings, the company said in a blog post on Tuesday. Some prototypes will look like normal glasses and will be equipped with microphones and cameras as well as transparent displays. The new glasses aren’t a product yet and aren’t available to the … Read more

How much money it takes to be ‘financially comfortable’ in U.S. cities

Somewhere between living paycheck-to-paycheck and owning a yacht, Americans are considered “financially comfortable” if they have a net worth of $ 774,000, a recent survey finds. However, that amount changes depending on which city you live in. You’ll need a net worth over $ 1 million to be considered financially comfortable by your peers in … Read more

What it takes to be considered wealthy in 12 major U.S. cities

Depending on where you live, a net worth totaling millions of dollars may still be considered merely “comfortable,” a new survey finds. In the US overall, it takes a net worth of $ 2.2 million to be considered “wealthy” by other Americans – up from $ 1.9 million last year, according to financial services company … Read more

Self-driving cars from GM’s Cruise block San Francisco intersection

A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolow | picture alliance | Getty Images Automotive and tech executives have long promised that autonomous vehicles would drive better than humans, but that was not the case for a fleet of Cruise cars in San Francisco this week. The … Read more

More than half of Americans live paycheck to paycheck amid inflation

With inflation at 40-year highs, workers across all income levels are having a harder time making ends meet. As of May, 58% of Americans – roughly 150 million adults – live paycheck to paycheck, according to a new LendingClub report. That’s down slightly from 61% who reported living paycheck to paycheck in April, but up … Read more

A.I. gurus are leaving Big Tech to work on buzzy new start-ups

DeepMind co-founder Mustafa Suleyman, who recently left his VP of AI product management and AI policy role at Google, also co-founded the machine learning start-up Inflection AI. Suleyman has already hired several of his former colleagues. Bloomberg | Getty Images Artificial intelligence gurus are quitting top jobs at companies like Google, Meta, OpenAI and DeepMind … Read more

Wealthier Americans live paycheck to paycheck after inflation spike

With inflation still hovering near 40-year highs, it’s getting harder for workers across all income levels to make ends meet. The Consumer Price Index, a key inflation metric, increased 8.3% in April from a year ago, according to the latest data from the US Department of Labor. Although it was down slightly from the March … Read more