Homebuyers experiencing ‘economic nausea’ are pulling out of deals at a record rate — why so many ‘queasy’ buyers are suddenly canceling contracts

Homebuyers in America seem to be getting cold feet. In July, 15.3% of home-purchase agreements fell through across the U.S. That works out to about 58,000 agreements — the highest cancellation rate for July on record [1]. That’s according to data from real estate platform Redfin, which blames high homebuying costs for making buyers “skittish.” […]

Experts warn of ‘ghost student’ scam that could leave any American saddled with ‘phantom’ student debt — here’s what to do if you’re targeted

There’s a scam targeting student financial aid, and it’s leaving some Americans with “phantom” student debt. As of October 1, applications for Free Application for Federal Student Aid (FAFSA) are now open. But, along with students, fraudsters will apparently be applying for aid, too. Thanks to Artificial Intelligence, “ghost students” are becoming a major problem […]

Nearly 30M ‘solopreneurs’ bring in $1.7T for the US economy — with many leaning on this 1 thing to punch above their weight. But what are the risks?

Students earning cash with their first side hustle, parents working full-time to support their families and retirees pursuing their entrepreneurial dreams are among those harnessing AI to build their businesses. The release of new generative AI products is empowering sole businesspeople — aka solopreneurs — to develop businesses they only dreamed of building just a […]