Monthly Archives: October 2022

Fraud, cryptos, regulation, and BNPL were the most prominent themes at Money20/20 this year

A look back at our Money20/20 takeaways: From attending numerous panels, checking out live product demos, and connecting with many industry stakeholders, we’ve identified some of the major themes of Money20/20 this year. Fintechs are paying even more attention to fraud. Several Money20/20 sessions referenced how bad actors have become smarter. Many are employing novel tactics to scam…

A year ago, Mark Zuckerberg rebranded Facebook as Meta to ‘bring the metaverse to life.’ His net worth has since collapsed from $118 billion to $37 billion.

Facebook CEO Mark Zuckerberg. AP Photo/Mark Lennihan Mark Zuckerberg announced a year ago that Facebook had rebranded to become Meta. The rebrand reflected Meta’s decision to invest heavily in its metaverse business. Meta stock, which accounts for most of Zuckerberg’s wealth, has since crashed. It’s almost a year since Mark Zuckerberg rebranded Facebook as Meta…

Frontier is offering customers an ‘all-you-can-fly’ pass for unlimited travel coming in 2023, but only a few will be available

Frontier Airlines Frontier Airlines is planning an “all-you-can-fly” pass coming in 2023, called “GoWild!” The pass will offer customers unlimited flights to all of Frontier’s destinations for 12 months. The airline sent a link to loyalty members for first access to more details and pricing when available. Frontier Airlines will soon offer an unlimited flight…

The Fed could ‘risk the lives of millions of Americans’ by the way it’s choosing to tackle inflation, a top Democratic lawmaker says

U.S. Sen. Sherrod Brown (D-OH). Kevin Dietsch/Getty Images Senate Banking Chair Sherrod Brown expressed concerns with the Fed’s inflation-fighting tactics. He said hiking interest rates could be too aggressive and trigger job losses. Fed Chair Powell has maintained that interest rate hikes are the best way to lower prices.  It’s the Federal Reserve’s job to…

I spent $500,000 renovating an Airbnb to look like Disneyland’s Haunted Mansion ride. It’s low maintenance, always booked, and provides truly passive income.

Courtesy of Jeffrey Schiefelbein As a kid, Jeffrey Schiefelbein loved the Haunted Mansion ride at Disneyland. He started a production company, purchased a house, and recreated the Haunted Mansion in each room. Now, he rents his haunted home on Airbnb for $679 a night during the week and $779 on weekends. This as-told-to essay is…

Why post-interview thank-you notes aren’t an equitable way for managers to judge a candidate

A post-interview thank-you note shouldn’t be the reason a candidate is selected for a job. Boris Zhitkov/Getty Images Career coaches previously told Insider candidates should always send post-interview thank-you notes. But employers shouldn’t ever require them or use them to make hiring decisions.  Three HR consultants, managers, and career coaches said a thank-you note shouldn’t…

Jill Biden holds the key to the nation’s political future as her husband weighs re-election in 2024

First lady Jill Biden. STEFANI REYNOLDS/AFP via Getty Images Jill Biden has veto power over her husband running for reelection in 2024, allies say. But she’s not expected to use it. She supports his intention to run. She’s been touting his achievements, hoping he’ll win a “few more partners in Congress” in November. Political advisors…

Xbox boss says that the current metaverse is a ‘poorly built video game’ and is ‘not how I want to spend my time’

Phil Spencer, head of Microsoft’s Xbox Division Kevork Djansezian/Getty Images Xbox chief Phil Spencer compared the metaverse to a “poorly built video game” and a “living room.” He said it’s “not how I want to spend my time” at a conference on Wednesday. But he added that the metaverse is in “the early stage” and…