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☆ I spent 18 months and $34,000 traveling the world but was burnt out and unhappy—this was my No. 1 mistake
▼ + stars: | 2024-05-07 | by ( Helen Zhao | ) www.cnbc.com time to read: +4 min

Looking to heal my burnout and find happiness beyond work, I spent a year and a half — and $34,000 — exploring South America and Asia. That's when I realized I'd made a huge mistake: I had changed my circumstances, but not my state of mind. But my burnout gave me the clarity I needed to slash my sabbatical bucket list in half, to focus on quality over quantity. I accepted that I'd continue traveling later if I wanted to, even if it meant less time to pursue professional goals. I gave up trying to work and make money while travelingIn my first few months traveling, I frequently stayed up late to formulate and pitch freelance story ideas.

Persons: I'd, Helen Zhao I, Chiang Mai Organizations: Starbucks Locations: South America, Asia, Patagonia, Thailand, Island, Korea, Japan, Tokyo, Pai , Thailand, Cartagena, Colombia

☆ Some workers are choosing housing and student loan benefits over a retirement plan, and it says a lot about America's cost-of-living crisis
▼ + stars: | 2024-04-23 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

"Standard benefits, like medical, dental, or vision care, are typically included in most employee benefits plans. "With workers of all ages repaying student debt, student loan assistance should be a key consideration in the enhancement of employee benefit programs," Newcome said. Non-traditional benefits could also convince workers to rethink remote workRethinking employee benefits could also be the key to enticing remote workers back to the office. Additionally, 69% said they would be willing to change their job or career for employer-based housing benefits. As the landscape of employee benefits evolves to meet the changing needs of the workforce, companies are becoming more innovative.

Persons: —, John Newcome, Kelly, Newcome, Boring, Bonds Organizations: Service, Business, Employees, Walmart, SpaceX Locations: Austin, Bastrop

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. No one captured the massive cultural and economic disparities of my life in Delhi (and his in Lahore) like Toor. But quite unbeknown to me, Toor’s life in New York had opened up a new vein of material. Not everyone who sees a Michelangelo can go off and paint a Michelangelo.”THERE ARE SO many ways to begin.

Persons: Naipaul, Neil Shah, James Wood —, Zack, who’d, ”, Artemisia Gentileschi, Susanna, Elders ”, I’m, ” Gustave Flaubert, “, ” Zack, it’s, Bruce Chatwin, Paul Gauguin, Salman Rushdie, Somerset Maugham, Kathryn Bigelow, Philip Glass, Arundhati Roy, Booker, Joseph Conrad, Conrad, Jacques, ” Conrad, brimming, ’, ’ ”, Clarice Lispector, Benjamin Moser, ” Lispector, Maugham, eludes, Jan van Kessel, Elder, — Pieter Bruegel, —, Rebecca West —, “ Black Lamb, J.R, Hammond, Wells, Rebecca West ”, sloughed, Henrik Ibsen’s, Rosmersholm ”, Karan Mahajan, Salman Toor, what’s, ” Hemingway, Anoushka Shankar, Ravi Shankar, Harold Bloom, Ravi, Uday, René Daumal, Rasa ”, ” Anoushka, Norah Jones, Norah, I’ve, “ Raphael, Rachel Cusk, Italy ”, Perugino, Raphael, Cusk, J.M, Samuel Beckett, Gabriel García Márquez, Thomas Pynchon’s, James Joyce, Michelangelo, Leonardo da Vinci, Marcel Proust’s, Fyodor Dostoyevsky, Read, Emma Kehlbeck, Quinton Kamara Organizations: Amherst College, Elders, Fayerweather, ”, Google, Sunday Times, Somerset, Yugoslavia, The, “, . Locations: Delhi, ”, Massachusetts, Italian, Topeka, Kan, Amherst, New York, London, Patagonia, New Delhi, Torrens, Cambridge, Polish, Ukrainian, Brazil, Flemish, Victorian England, “ H.G, Fairfield, United States, “, East, Lahore, Europe, America, Texas, Side, Manhattan, India, Italy

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. The painting followed me from Amherst to my first job in New York, and on to London and Delhi. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. I’m especially moved by those first moments of validation by which an artist comes out to himself, as it were. It’s this, the inexorability of the correspondence between an artist and the world, that gives those first steps their magical quality.

☆ My friend said he'd be my sperm donor, and I was ecstatic. When we learned he was infertile, we were both heartbroken.
▼ + stars: | 2024-04-17 | by ( Valerie Bauman | ) www.businessinsider.com time to read: +5 min

I know this is going to sound crazy, but I've been trying to get pregnant for months now. I want to be a single mother by choice, and have actually been working with a sperm donor here in DC. But it occurs to me…you would be an excellent candidate for the role of biological father to my baby… Would you ever consider being a sperm donor? It really would mean a lot to me for my child to have a relationship with the donor. I chose David because I wanted to be able to be certain that I wasn't going to screw up my kid — at least not by using the wrong donor sperm.

Persons: David, I've, —, David I, Eddie, Valerie Bauman Organizations: Service, Union Square & Co Locations: inseminations, DC, Mexican American

☆ Why the WNBA wants more people to know about the new over-the-counter birth control pill
▼ + stars: | 2024-04-09 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +6 min

CNN —As the first over-the-counter birth control pill in the United States hits store shelves, the company behind the product, Perrigo, is taking steps to ensure women are aware of this new contraception option. It’s a different formulation than what is in combination hormonal birth control pills, which contain both progestin and estrogen. Combined birth control pills may carry risks for people with uncontrolled hypertension or blood clot risks for smokers older than 35. Most birth control pills are up to 99% effective at preventing pregnancy if taken as instructed. “I’m always a little skeptical of Big Pharma and their partnerships, but I think the general principle of having highly effective over-the-counter birth control be over the counter, that’s empowering” she said.

Persons: “ We’re, Opill, ”, Colie Edison, “ We’ve, Leila Bahbah, ” Edison, “ we’re, “, ‘, ’, Roe, Wade, prescribers, Joe Biden, Dobbs, Dr, Sanjay Gupta, Colleen Denny, Denny, “ I’m, ” Denny Organizations: CNN, WNBA, “, ESPN, US Food and Drug Administration, Jackson, Health Organization, White, Get CNN, CNN Health, NYU Langone Hospital –, Big Pharma Locations: United States, Dobbs v, “

The stop by Ms. Harris at the Planned Parenthood clinic was believed to be the first official visit by a vice president to an abortion clinic. We have to be a nation that trusts women.”Image Ms. Harris visited a Planned Parenthood clinic in St. Paul, Minn., on Thursday. Nebraska, North Dakota and South Dakota were almost bare — all have restricted abortion access since the overturning of Roe. But the fall of Roe upended those politics, energizing a new generation of voters energized by their support for abortion rights. “Please do understand that when we talk about a clinic such as this, it is absolutely about health care and reproductive health care.

Persons: Kamala Harris, Minn, Harris, ”, “, Jenn Ackerman, Roe, Wade, energizing, Biden, Lake, Biden’s, Donald J, Trump, Ms, Undem, Mr, Paul, Sarah Traxler, Tim Walz Organizations: Minn, ., The New York Times, Democrats, Democratic, Paul Health Center, Administration, Gov, The, of Family, State Legislature, Biden Locations: St, Paul, Minnesota, . Minnesota, Iowa . Nebraska , North Dakota, South Dakota, Gaza, KFF, Democratic, Vandalia, “ Minnesota, States

While White House officials say they have largely reached the limits of their power to protect abortion rights, the issue has emerged as a linchpin of their re-election strategy. The tour is part of a White House initiative led by Ms. Harris to highlight abortion rights. The mere sight of a top Democratic official walking into an abortion clinic will offer the clearest illustration yet of how the politics of abortion rights have shifted for the party — and the nation. Mr. Biden has promised to restore federal abortion rights and preserve access to medication abortion, which faces new threats from a case set to be argued before the Supreme Court this month. He barely mentioned abortion rights during his 2020 campaign, a reflection of his discomfort with discussion of the issue and how little his strategists believed abortion energized swing voters.

Persons: Kamala Harris, Harris, Roe, Wade, Tim Walz, . Walz, Betty McCollum, shied, Biden’s, Donald J, Mr, Biden, ”, Reid J, Epstein Organizations: White, The, of Family, Gov, Minnesota, Democratic, Republicans Locations: Twin Cities, Minnesota, KFF, Texas, Roe

☆ Kamala Harris Will Visit Abortion Clinic, in Historic First
▼ + stars: | 2024-03-13 | by ( Lisa Lerer | Nicholas Nehamas | ) www.nytimes.com time to read: +1 min

Vice President Kamala Harris plans to meet with abortion providers and staff members on Thursday in the Twin Cities, a visit that is believed to be the first stop by a president or vice president to an abortion clinic. The appearance at a health center will be the latest leg in a nationwide tour by Ms. Harris, who has emerged as the most outspoken defender of abortion rights in the administration. While White House officials say they have largely reached the limits of their power to protect abortion rights, the issue has emerged as a linchpin of their re-election strategy. Ms. Harris plans on Thursday to tour the center with an abortion provider and highlight what the administration has done to try to preserve access to the procedure as conservative states enact growing restrictions. Minnesota has become a haven for abortion seekers since the Supreme Court overturned Roe v. Wade, ushering in restrictive laws and bans in neighboring states.

Persons: Kamala Harris, Harris, Roe, Wade Organizations: White, The, of Family Locations: Twin Cities, Minnesota

☆ My husband and I stopped using voice assistants. We learned to communicate better and have more privacy.
▼ + stars: | 2024-03-11 | by ( Pooja Shah | ) www.businessinsider.com time to read: +4 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . At first, it felt like a family member was missingInitially, it felt like a family member was missing. We increased communication with each otherSlowly, the transition without voice assistants became easier. AdvertisementWe stopped being lazy with basic tasksThe loss of voice assistants has also been better for our health. With so many of our devices previously connected to our voice assistants, we would bark commands across the room.

Persons: —, Alexa Organizations: Service, Google, Netflix, Arsenal, Premier League statistics, Alexa Locations: New York City, London, New York, Midtown

☆ Three Is Best: How China’s Family Planning Propaganda Has Changed
▼ + stars: | 2024-03-09 | by ( Isabelle Qian | Pablo Robles | ) www.nytimes.com time to read: +7 min

One Three Is Best: How China’s Family Planning Propaganda Has ChangedFor decades, China harshly restricted the number of children couples could have, arguing that everyone would be better off with fewer mouths to feed. The government’s one-child policy was woven into the fabric of everyday life, through slogans on street banners and in popular culture and public art. Between 1980 and 2015, the year the one-child policy officially ended, the Chinese government used extensive propaganda to warn that having more babies would hinder China’s modernization. Then Now One child is best, the government aids in elder care. The pivot has prompted local officials to remove visible remnants of the one-child policy.

Persons: “, It’s, Critics, Marie Mathelin, Roger Viollet, Xilingjing Xiang Organizations: National Bureau of Statistics, China Central Television, Getty Images Locations: Wuhan, China, People’s Republic of China, Bengbu, Anhui, Shanxi Province, Xilingjing

☆ Fijoya is bringing AI to employer-sponsored healthcare benefits. Here's the pitch deck it used to raise $8.3 million.
▼ + stars: | 2024-03-07 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

Digital health benefits startup Fijoya just came out of stealth and announced an $8.3 million seed round from Team8, the Israeli venture group that creates startups and invests in existing ones across the cyber, data infrastructure, fintech, digital health, and AI industries. As Americans are spending more than ever on healthcare, Fijoya is one of many healthtech startups cropping up to tackle the financial aspects of healthcare. Now, out of stealth, Fijoya is focusing on giving employees an easier way to choose healthcare benefits that best suit their lifestyles. "This end-to-end approach signifies our commitment to simplify health benefits by offering a wide range of options with a seamless discovery, selection, and payment process.'" Check out the 15-slide pitch deck Fijoya used to raise its seed funding round.

Persons: Team8, Baruch Levy, Levy Organizations: Business, Health, Lightspeed Venture Partners, Norwest Venture Partners Locations: Team8, Israel

☆ You'll soon be able to get birth control without a prescription. Here's what you need to know.
▼ + stars: | 2024-03-04 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

It is the first hormonal birth control available for retail and will expand access. Prescription-free birth control will expand accessThe introduction of Opill to family planning aisles will lower barriers to birth control. Since Opill is available without a prescription, people will no longer have to pay a doctor or pharmacist to access hormonal birth control. She urged policymakers to make sure non-prescription birth control is covered by insurance and assistance programs. AdvertisementProgestin-only birth control also carries a risk of ectopic pregnancy and can increase a person's risk for breast cancer, regardless of medical history.

Persons: —, Opill, Victoria Nichols, Nichols, Dr, Tania Serna Organizations: Amazon, Walgreens, CVS, Target, Walmart, Service, US Food and Drug Administration, Guttmacher, Guttmacher Institute, Affordable Care, Kaiser Family Foundation, The American College of Obstetricians, OB, University of California Locations: San Francisco

☆ How the fortune of one of America’s biggest pharmaceutical families has quietly funded conservative causes
▼ + stars: | 2024-03-03 | by ( Casey Tolan | ) edition.cnn.com time to read: +21 min

From The Searle Freedom TrustThis year, the Searle trust is poised to play an even bigger role as it empties out its coffers. Researchers who study political nonprofits say that the Searle trust has had a major impact, even as the Searle family has stayed under the radar compared to more well-known conservative benefactors. The Searle trust is one of the most prolific funders of conservative groups among all private foundations, according to a CNN analysis of nonprofit tax data. The Searle trust has given millions to the Foundation for Government Accountability, which has worked behind the scenes to push conservative policies such as stricter voting laws. Dennis, the CEO of the Searle trust, is also the chair of DonorsTrust.

Persons: Searle, Daniel C, Trump, Donald Trump, ”, Galen Hall, who’s, Kimberly Dennis, ” Searle, “, Sarah Scaife, doesn’t, Michael B, Thomas, SPN, They’ve, ” Brendan Fischer, Brendan Fischer, “ They’ve, ” Hall, Caleb Rossiter, ” Galen Hall, movement’s MAGA, It’s, Mike Pence, that’s, Dennis, Henry Ford, John D, Rockefeller, ” Fischer, Gideon, Michael Searle, ” Dennis, “ We’re, Dan, Gideon Daniel Searle, Daniel Searle, Jonathan Eig, Jack Searle, Daniel Searle’s, Gregory Pincus, John Rock, Pincus, weren’t, –, Sue, Eig, Margaret Marsh, Enovid, misoprostol, Searle –, Pfizer –, ” Daniel Searle, Donald Rumsfeld, Searles, Biden, Wade, Dobbs, Kristen Batstone Organizations: CNN, Searle Freedom Trust, University of Michigan, Sarah Scaife Foundation, Searle, American Enterprise Institute, Reason Foundation, Tax Foundation, Manhattan Institute, Cato Institute, Foundation, Government, State Policy Network, American Legislative Exchange Council, Fair, Pacific Legal Foundation, Federalist Society, Competitive Enterprise Institute, Environment Research Center, CO2 Coalition, Heartland Institute, ”, CO2, Heartland, Republican Party, movement’s, America, Policy Institute, Trump, American Freedom Foundation, Everett, FDA, Rutgers University, Pfizer, Monsanto, Heritage Foundation, Reason, Affordable, New Civil Liberties Alliance, Public Policy Center, Claremont, National Women’s Health Network, Trust, IRS Locations: Missouri, St, Louis , Missouri, California, judgeships, ”, Omaha, Metamucil, Dramamine, Puerto, Brazil, Diet Coke, America

☆ Florida Republican Byron Donalds said IVF helps people 'breed great families' which the 'country desperately needs'
▼ + stars: | 2024-02-25 | by ( Katie Balevic | John L. Dorman | ) www.businessinsider.com time to read: +3 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Sunday, Rep. Byron Donalds of Florida took to NBC's "Meet the Press," where he stated that he fully supports IVF, which helps people "create great families, which is what our country desperately needs." "The IVF procedure is very important to a lot of couples in our country," Donalds said. AdvertisementLast week, former President Donald Trump spoke of the need for IVF availability on his Truth Social platform. Beshear was reelected to a second term by 5 points in a state that Trump had won by 26 points in 2020.

Persons: —, Byron Donalds, Donalds, Trump, Donald Trump, Roe, Wade, Andy Beshear, needling, Beshear Organizations: Service, Alabama's, Republicans, Sunday, Press, MSNBC, GOP, Democratic Locations: Florida, Alabama, America, Kentucky

☆ China is one of world’s most expensive places to raise children, report finds
▼ + stars: | 2024-02-22 | by ( Jessie Yeung | ) edition.cnn.com time to read: +5 min

Last year, China was surpassed by India as the world’s most populous country. And while some women stop working entirely while raising their children, it makes returning to the workforce incredibly difficult. Women who have children may see a 12% to 17% drop in their wages, the report said, citing research from multiple papers. “Because the current social environment in China is not conducive to women’s childbirth, the time cost and opportunity cost for women to have children are too high,” the report said. The report warned that the falling birthrate could deeply impact economic growth, people’s overall happiness and China’s global standing.

Persons: “ Organizations: Hong Kong CNN, Research Institute, Communist, Beijing Locations: Hong Kong, China, South Korea, Australia, France, United States, Japan, Communist China, India

For the second year in a row, a religious Super Bowl ad campaign promised viewers that Jesus “gets us.”Two commercials shown Sunday night centered Jesus’ message to love your neighbors — even across ideological divides. “Our goal is to really show that Jesus loved and cared for anyone and everyone,” He Gets Us campaign spokesperson Greg Miller told The Associated Press on Monday. The “He Gets Us” campaign is now under a new charitable organization, Come Near, meaning the Servant Foundation is no longer overseeing it. This is the 12th consecutive year the Church of Scientology has premiered a new ad during the Super Bowl, said spokesperson Erin Banks. “The audience of the Super Bowl allows us to do that with the greatest potential reach.”___AP Religion News Editor Holly Meyer and reporter Deepa Bharath contributed.

Persons: Jesus “, Jesus, Greg Miller, Roe, Wade —, —, ”, “, Mark Wahlberg, Erin Banks, Banks, Ron Hubbard’s, Tom Cruise, John Travolta, Mary, ” Miller, Holly Meyer, Deepa Bharath Organizations: Associated Press, Servant Foundation, Defending, Hobby, Paris Olympics, NFL, Republican, Democratic, of Scientology, Mental, “, ”, Lilly Endowment Inc, AP

☆ Women in China Aren't Having Kids. 3 of Them Told Us Why.
▼ + stars: | 2024-02-11 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +8 min

Read previewWhen it comes to settling down and having children, 26-year-old Bihan Chen views the choice in simple terms: It's a bad investment. Falling birth rates saw China's population shrank in 2022 for the first time since the early 1960s. "When it comes to having children, I don't have a shred of desire, only fear. AdvertisementOthers cited the loss of personal freedom as a key obstacle to having children. Having children remains a deeply personal decision that can't be evaluated by finances alone.

Persons: —, Chen, Emily Huang, Huang, Xi Jinping, Xi, Zhu Zheng, haven't, Dudley L, Poston Jr, Rich, we've, Lanjie Wang, Wang, Collin Meisel, might've, Yi Organizations: Service, Business, Women's Congress, Getty, Texas, M University, Weibo, University of Denver's, Center for International Futures, Publishing, University of Wisconsin, Project Syndicate Locations: China, Beijing, Weibo, Xinhua, Japan, Korea, America, Madison

☆ This matchmaker's fee can top $500,000. Here's her best advice to find love
▼ + stars: | 2024-02-11 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

People typically pay between $75,000 and $500,000 for Adler's services (and in some cases, even more), according to business records reviewed by CNBC. Her team of matchmakers conducts in-person interviews with clients, which delve into their childhoods, desires, aversions and romantic histories. Adler shared her best dating advice. As part of this reflection, it can be useful to think about why previous relationships didn't work out, Adler said. Don't settleAdler's matchmakers dedicate a lot of time helping clients to identify their deal breakers and their must-have qualities in a partner.

Persons: Colin Anderson, Barbie Adler, Adler, It's, matchmakers, they've, that's Organizations: Colin Anderson Productions, Digitalvision, Getty, CNBC, Finance

☆ New parents in South Korea are getting $750 every month as Seoul launches its 'birth encouragement' gambit to slow population decline
▼ + stars: | 2024-02-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Seoul officials on Tuesday announced a new "birth encouragement" program to raise fertility rates. New parents in South Korea are eligible for $750 per month until their baby turns 1 year old. After their child turns 1, parents will also be eligible for an allowance of $375 a month for one year. Nearly a fifth of South Korea's entire 51 million population lives in Seoul, where the fertility rate was 0.59 in 2022, per the latest government statistics. AdvertisementThe entire country's birth rate, by comparison, was 0.78 that year.

Persons: —, Yonhap, childrearing Organizations: Service, South Korean, Yonhap, South, Business Locations: Seoul, South Korea, China, Japan, South

Tennessee is among 35 states, all five U.S. territories and four tribes that have opted into the Summer Electronic Benefits Transfer program, or Summer EBT, for this summer. "Established during the pandemic, Summer EBT was intended to supplement existing food assistance programs in extraordinary circumstances. “I think it is a mistake to not continue with Summer EBT in 2025 and beyond,” Anderson said in an interview. Under the federal program, some 644,000 Tennessee children can receive $77.3 million more in aid this summer, creating a multiplied economic impact, according to the USDA Food and Nutrition Service. All 50 states administer the existing Summer Food Service Program, which provides sites where kids can eat for free.

Persons: won’t, Joe Biden's, Bill Lee's, ”, Elizabeth Johnson, Lee, EBT, Signe Anderson, she's, ” Anderson, Jim Pillen, Tom Vilsack, he’s Organizations: —, . Tennessee, Republican, Republican Gov, “ Tennessee, Tennessee Justice Center, U.S . Department of Agriculture, USDA, Assistance, Nebraska Gov, USDA Food, Nutrition Service, Food Service Program, Associated Locations: Tenn, — Tennessee, ., Tennessee, “, Nebraska, ” Tennessee

☆ I have older parents, and I haven't had kids yet. They aren't pressuring me, but I feel some pressure from myself.
▼ + stars: | 2023-12-30 | by ( India Kushner | ) www.businessinsider.com time to read: +4 min

Although I've always wanted to have children, I never thought someone else's parents would care about my family planning. She then noted it would be fun if my friend and I were both having kids at the same time, so our kids could have playdates together. I believe part of this worldview comes from having older parents. While my parents aren't asking me, I still feel pressure to have kids soonNow that I've been married for two years, I'm starting to feel emotionally ready to think about having children. Because my parents put their careers first, they hardly ever ask me about having children.

Persons: I've, slyly, They've, She's Locations: Belgium, Argentina, London, Italy

A federal appeals court has paused enforcement of a federal government regulation that allows abortion providers to receive federal family planning money — but only in Ohio, where state health officials said the policy took money away from them. Since 1981, federal policy has changed several times regarding whether programs receiving family planning funds can provide abortions or refer patients to such services. Circuit Court of Appeals overruled that in a decision Thursday — but only as it applies to how the federal government distributes the grants in Ohio. And when that happened, the award to the state's health department decreased by $1.8 million. But a court blocked enforcement, and voters last month adopted an amendment to the state constitution enshrining the right to abortion.

Persons: Joe Biden, Biden, — Joan Larsen, Amul Thapar, Donald Trump —, Dave Yost, Karen Nelson Moore, Bill Clinton, Roe, Wade Organizations: Circuit, Republican, Ohio, Democratic, U.S, Supreme Locations: Ohio, U.S, Cincinnati

☆ Wealth Assistants claimed it would help its clients make money on Amazon. Clients said they 'lost everything' instead.
▼ + stars: | 2023-11-30 | by ( Madeline Stone | Jack Newsham | ) www.businessinsider.com time to read: +17 min

Wealth Assistants also said that if clients didn't break even in the first year, they would get their money back. BI spoke with 16 people who invested between $35,000 and $100,000 each to work with Wealth Assistants and said they lost their money. Ten days later, Wealth Assistants said it laid off its roughly 75 employees and planned to shut down by December 1. Selling customers on the entrepreneur lifestyleMany Wealth Assistants clients said they were drawn by the opportunity to generate passive income. Cart.com sent Wealth Assistants a formal notice of termination in the fall after Wealth Assistants stopped paying its invoices earlier in the year, the representative said.

Persons: Mike Wimmer, Wimmer, they're, I'm, Ryan Carroll, Max K, Max O, —, Carroll, Carroll didn't, we're, Tina Luk, breakeven, Seth Hamilton, Andrew Pou, Suzy Arriola, Saheb Sabharwal, Cart.com, Moe O'Neil, weren't, Max, you've, it's, they've, We've, we've, Madeline Stone, Jack Newsham Organizations: Business, ., Federal Trade Commission, Amazon, Products, Nobu Dallas, Lamborghini, Facebook, Wealth, BI, FTC, DK Automation Locations: China, Texas, Nobu, California, Houston, Pennsylvania, mstone@insider.com

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