Personal Finance

OpenAI’s Nonprofit Parent to Own More Than $100B Stake in ChatGPT Maker

Personal Finance /
OpenAI's Nonprofit Parent to Own More Than $100B Stake in ChatGPT Maker

KEY TAKEAWAYS OpenAI said its nonprofit parent will have an equity stake of more than $100 billion in the ChatGPT maker, making it “one of the most well-resourced philanthropic organizations in the world.” OpenAI also signed a non-binding memorandum of understanding with backer Microsoft to extend their partnership. Separately, Microsoft avoided a potentially massive antitrust […]

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Is Figma Stock a Buy Now?

Personal Finance /
Is Figma Stock a Buy Now?

Figma stock has pulled back substantially following its IPO. Shares of Figma (FIG 9.79%) have fallen off a cliff following the company’s initial public offering (IPO) just over a month ago. The initial investor enthusiasm about this cloud-based provider of collaborative digital design tools that help customers make websites, apps, and other digital products has

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A Quarter Of Student Loan Borrowers Expect To Pay Off Their Debt This Year

Personal Finance /
A Quarter Of Student Loan Borrowers Expect To Pay Off Their Debt This Year

KEY TAKEAWAYS Although millions of student loan borrowers are behind on their payments, a quarter of borrowers are confident they will pay off their loans this year. Older borrowers are more pessimistic about their student loans, and more of them say they will never be free from their student debt. Since the Department of Education

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