Listed here are three of the week’s high items of economic perception, gathered from across the internet:
Schools create monetary help confusion
The hardest take a look at for college-bound college students could also be simply understanding their monetary help letters, mentioned Paulina Cachero and Francesca Maglione in Bloomberg. Based on a report from the Authorities Accountability Workplace, “greater than 90 p.c of colleges both understate the web value of attendance or do not embrace it in monetary help letters.” Once they do, the language may be tough to decipher. Almost two-thirds of colleges do not label whether or not the monetary help they’re providing is federal, state, institutional, or non-public, despite the fact that all include variations in “what cash must be repaid, what would not, and what necessities should be met to make sure the help retains flowing.” It is common for colleges to withhold details about prices like housing and books. And evaluating affords poses one other problem, as a result of “there is not any standardization in how colleges current their monetary help packages.”
Do not underestimate dividend shares
“What has made Warren Buffett’s inventory portfolio so profitable over time?” requested Akane Otani in The Wall Avenue Journal. One reply: His appreciation of dividend-paying shares, which signify nearly all of the businesses he invests in. “This 12 months, Buffett’s Berkshire Hathaway is predicted to rake in about $5.7 billion in money from its inventory portfolio.” Almost a fifth of that cash will come from Chevron, which has elevated its dividends for 36 consecutive years. However Berkshire may also acquire greater than $1 billion in dividends from Coca-Cola and American Categorical, despite the fact that Buffett hasn’t purchased extra of their inventory for the reason that Nineties. Buffett’s “secret sauce” is “selecting companies which were capable of stand the take a look at of time via many financial cycles — and lift their dividends, too.”
Tech’s greatest supply for dangerous information
The web site Layoffs.fyi has grow to be an important chronicle of the tech downturn, mentioned Lora Kelley in The New York Occasions. Roger Lee began the positioning as a facet mission in 2020, nevertheless it now will get not less than 1,000,000 views monthly — “and greater than that in busy durations with a lot of layoffs.” Lee, who calls himself “the bearer of dangerous information,” has now cataloged greater than 450,000 international tech layoffs. Media organizations have begun to quote Layoffs.fyi as a supply for real-time layoff figures. A bonus: The location contains hyperlinks to the lists of laid-off colleagues which have emerged at many firms as a technique to entice headhunters and new job affords.
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