“In an experimental program, 5,000 Chicagoans received monthly cash payments from the city for a year, no strings attached. Here’s how the money changed one woman’s life — and how it didn’t.”
money
Posted inEditor's Pick
Human Trafficking’s Newest Abuse: Forcing Victims Into Cyberscamming
Tens of thousands of people from across Asia have been coerced into participating in well-organized schemes that defraud people in the U.S. and around the world out of millions of dollars. Cezary Podkul’s investigation takes us deep into both sides of the operation: He tells the harrowing account of Fan, a young man from China, […]
Posted inEditor's Pick
Loans Got Me Into Journalism. Student Debt Pushed Me Out.
Carrington J. Tatum, a first-generation college graduate who’s passionate about reporting that makes a real difference in the lives of marginalized people, decided to walk away from journalism because of his student loan debt. My journalism degree was more expensive than my wealthier classmates’ degrees because I couldn’t afford to pay in cash. But that’s […]
Posted inEditor's Pick
The Mirage of the Black Middle Class
“Black Americans have been shut out of stability at every turn.”
Posted inEditor's Pick
The Code That Controls Your Money
COBOL, an old coding language that not many people know about, controls the world’s financial systems.
Posted inEditor's Pick
Covid Conversations With One of America’s Richest Men
When the pandemic hit, Max Abelson called the richest person he knew. In a series of conversations with this anonymous billionaire, we see life through the eyes of the privileged and wealthy.
Posted inEditor's Pick
Rebekah Neumann’s Search For Enlightenment Fueled WeWork’s Collapse
Moe Tkacik takes a close look at the ways in which wealthy, new-agey Rebekah Paltrow Neumann — Gwyneth Paltrow’s cousin, Adam Neumann’s wife — helped fuel WeWork’s rise and spectacular fall.
Posted inEssays & Criticism, Feature, Nonfiction, Story
The Price of Dominionist Theology
After leaving fundamentalism, Eve Ettinger grapples with the loaded theological heritage of evangelical personal finance teachings.
Posted inQuote Posts, Uncategorized
The Money Man to the Filthy Rich of the NBA
“With great abundance comes great discipline.”