A Black couple who retired early says there's a 'Black tax' on common wealth-building strategies

Julien and Kiersten Saunders say there's a "Black tax" in the FIRE movement that ignores individuals who don't come from generational wealth.

View in browser Subscribe Business Insider brings you a personalized selection of our top business stories, every day. Was this email forwarded to you? Sign up for Business Insider here. A Black couple who retired early says there's a 'Black tax' on common wealth-building strategies Julien and Kiersten Saunders say there's a "Black tax" in the FIRE movement that ignores individuals who don't come from generational wealth. READ MORE Premium A notorious market bear who called the 2000 and 2008 crashes warns that stocks will end the current sell-off down 60-70% from January highs as valuations remain grossly above historical norms John Hussman has made a name for himself by predicting major stock market meltdowns over the last few decades. He's sounding the alarm once again. READ MORE A wave of layoffs is sweeping the US. Here are firms that have announced cuts so far, from Carvana to Netflix. Peloton cut nearly 3,000 employees, Better.com cut 4,000. Job cuts are occurring at PayPal, Gorillas, and Wells Fargo, and Tesla reportedly could be next. READ MORE Premium Leaked emails reveal what Amazon offers to pay influencers to post shoppable livestreams, and its requirements Amazon is recruiting popular TikTok and YouTube creators to use its live-shopping feature, Amazon Live. Here's how much it's paying. READ MORE The US economy created 390,000 jobs in May, holding strong as the Fed ramped up its war on inflation The latest jobs report showed the labor market recovery holding steady as interest rates jumped higher and inflation continued to hammer the US. READ MORE Premium Target, Walmart, and Costco are are stuck with way too much inventory — and the fix is trickier than just putting everything on sale How retailers handle excess inventories will affect their results through the end of the year and possibly beyond. READ MORE The economy is still on track to finish its jobs recovery this summer The US economy has recouped more than 96% of the jobs it lost at the start of the pandemic. The remaining 4% should be recovered by the end of July. READ MORE Premium 5 companies Microsoft could buy as it tries to become an ad powerhouse Microsoft could look to acquire these companies as it tries to build its advertising business. READ MORE Premium A millennial who saved $1 million to quit his day job at 29 explains why he didn't max out his 401(k) plan — and how he invested instead Tyler Wright put less than $10,000 in his 401(k) plan. "Then, I focused almost all of my stock investing within brokerage accounts," he said. READ MORE Premium Tiger-backed email startup Superhuman has laid off 22% of its staff a month after launching on Microsoft Outlook Superhuman, the premium email app that costs $30 a month, is laying off a big chunk of its workforce. READ MORE Email sent to: aymentanaze.news@blogger.com  |  Manage your email preferences  |  Unsubscribe Terms of Service  |  Privacy Policy © 2022 Insider Inc. 1 Liberty Plaza, New York, NY 10006

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