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| May 18, 2026 |
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| In This AI Economy, Should You Have a Backup Career? |
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By Lindsay VanSomeren
When technology is so rapidly reshaping entire industries, job security is top of mind. We know the changes are systemic, not personal, but it’s no less unsettling. Some people are even asking themselves: If I lose my job, should I consider a new career altogether?
We asked three career experts. |
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| Inflation Overtakes Wage Growth, Ending a 3-Year Streak |
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You want your paycheck to at least keep up with the inflation rate. Otherwise, you work just as hard but can’t buy as much.
The average U.S. worker had that edge for the last three years, but the streak ended in April. Oil and fuel prices have soared since the war in the Middle East took hold in March, and those increases are now working their way through other parts of the economy, including groceries.
“Americans will remain financially squeezed for a while,” Heather Long, chief economist at Navy Federal Credit Union, told Marketwatch last week. “There just won’t be much relief this year, even if the war ends and the Strait of Hormuz reopens.” |
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| 3.6 Million |
That’s how many people defaulted on their federal student loans over the past two quarters, according to estimates by Liberty Street Economics.
Most of these borrowers were in good standing before the pandemic triggered a three-year pause on student loan bills, according to Liberty Street. But the data shows it’s been challenging to transition back to paying: Not only are these borrowers in default, but they are more likely to be behind on other debt payments — including credit cards, auto loans, and mortgages.
The takeaway: If you’re struggling to keep up with your loan payments — student loans or otherwise — you’re not alone. And you can regain your footing. Start a conversation with your student loan servicer or other lenders to explore your options including temporary relief, lower payment amounts, or some type of debt consolidation or refinancing. |
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| The Real Market Story |
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| Is the economy more complicated than headlines suggest? Neil Dutta, head of economic research at Renaissance Macro, tells SoFi’s Liz Thomas which risks may not be fully reflected in markets. |
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| WEEK AHEAD ON WALL STREET |
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| Nvidia and the Next Phase of AI |
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By Mario Ismailanji
The first-quarter earnings season is winding down, but they say you should always save the best for last. Or, at the very least, the most highly anticipated.
- The news: The earnings calendar is light, but one massive report looms large: Chipmaker Nvidia will release its latest quarterly results on Wednesday, offering a critical update on the state of the artificial intelligence boom.
- The context: Tech stocks have risen alongside seemingly limitless AI enthusiasm, helping markets shake off inflation fears and geopolitical anxieties. Nvidia is the undisputed poster child for this rally.
- Your move: Pay close attention to Nvidia’s forward guidance. Investors want to know if the ravenous demand for AI chips is sustainable or if a plateau is on the horizon. Optimistic guidance would likely provide fuel for the tech trade to continue full steam ahead, while caution could mark a top in the rally.
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Informed investment decisions start with informed investors. Here's what's making headlines:
🧍 AI and other technology is hitting white-collar workers at the largest U.S. automakers. General Motors (GM), Ford (F) and Stellantis (STLA) have cut more than 20,000 salaried jobs, or 19% of their combined workforces, an analysis of company data shows. (CNBC)
🚗 Honda (HMC) reported its first annual loss as a listed company. Tariffs and Chinese upstarts didn’t help, but the biggest factor was the billions it sank into electric-vehicle plans that it has since scrapped. (The Wall Street Journal)
📈 The listing of Elon Musk’s SpaceX could easily dwarf many of the biggest U.S. IPOs on record, including those of Alibaba, Visa (V) and Facebook, now Meta (META). (Reuters) |
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| Newly built homes haven’t been this cheap since 2021. And buyers are noticing. (Yahoo Finance) |
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| Intel, insights, and inspo for your money. |
| On the Money cuts through the noise of day‑to‑day financial news to bring you a more thoughtful point of view on what’s important in this moment — and how it impacts your bottom line. We value your trust above all. |
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| Did you find today’s newsletter valuable? |
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| INVESTMENTS AND DIGITAL ASSETS ARE NOT FDIC INSURED ‑ ARE NOT BANK GUARANTEED ‑ MAY LOSE VALUE |
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