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Gen Zers have cooled on Burning Man as the desert festival gets pricier

Gen Zers have cooled on Burning Man as the desert festival gets pricier

Markets—

Burning Man is falling out of favor with Gen Zers. As the annual counterculture festival kicks off in the Black Rock Desert of northwestern Nevada, the annual Black Rock City census survey, which tracks the demographics of festival attendees, shows that burners in their 20s hit a record low in…

Olympic skier Eileen Gu says staying at the top is harder than winning

Olympic skier Eileen Gu says staying at the top is harder than winning

Markets—

Eileen Gu, the most decorated freestyle skier in Olympic history, said she switches into “contest mode” when she competes. Speaking to Jay Shetty on Monday’s episode of the “On Purpose” podcast, Gu said she has a mantra that helps keep her performing at the highest level. “I train like I’ve never…

Meta bricked the cameras on thousands of its AI glasses

Meta bricked the cameras on thousands of its AI glasses

Markets—

Thousands of Meta’s AI glasses no longer have functioning cameras after the company detected people tampering with the recording indicator lights. Meta announced new efforts in recent weeks to crack down on people who drill out or cover up the tiny lights on their Meta glasses, which can make it…

Bank of America employee killed in Times Square stabbing

Bank of America employee killed in Times Square stabbing

Markets—

A Bank of America employee was killed in a stabbing in Times Square on Monday afternoon by a woman armed with two knives. Erin Piacenti, 32, was pronounced dead at a nearby hospital from stabbing injuries, the New York City Police Department confirmed Tuesday. Piacenti was a vice president on the…

Sales Tax vs. Use Tax: Definitions and Examples

Sales Tax vs. Use Tax: Definitions and Examples

Taxes—

Most people are used to seeing sales tax on a receipt, but not every purchase includes it. When it doesn’t, you may still owe tax on that purchase through what’s called a use tax. This comes up most often with online shopping, out-of-state purchases and private sales. Understanding the difference…