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☆ Gen Zers are starting to tease Gen Alpha tweens, saying they have a 'blue light stare'
▼ + stars: | 2024-06-12 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

But Gen Z has a new target: Gen Alpha. Zoomers are starting to tease Gen Alpha tweens, saying they are stunted when it comes to socializing because of what they say is their addiction to screens. Nicholas Drake, a content creator, described the blue light stare as a "nonchalant, just unbothered look on their face." A TikToker called Hannah said she was recently served by a "Gen Alpha kid" and that the "blue light stare is so real." Terms such as "blue light stare," Varbanova said, "makes people feel more in control."

Persons: —, boomers, Gen Z, Alpha, Gen Alpha tweens, They've, Gen Alpha, Nicholas Drake, They're, Zers, Katya Varbanova, Lyndsey, Hannah, Flora Wells, Brenda Christensen, Christensen, Wells, Gen, Varbanova Organizations: Service, Business, Stellar Public, Inc, Alpha Locations: millennials

☆ UK GDP flatlines as PM Sunak pins election campaign on economy
▼ + stars: | 2024-06-12 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

LONDON — U.K. economic growth ground to a halt in April, according to flash figures published on Wednesday, stalling the muted rebound from last year's recession mere weeks ahead of a national election. Economists polled by Reuters had expected growth to flatten, after the economy expanded by 0.4% in March. The picture was slightly brighter on a longer timeframe, with gross domestic product up 0.7% in the three months to April. Construction output declined 1.4% in its third straight fall, while production output was down 0.9%. Lindsay James, investment strategist at Quilter Investors, attributed the April slowdown to recent gloomy weather.

Persons: Lindsay James, James Organizations: LONDON, Reuters, Quilter Investors Locations: Rotherhithe, London, United Kingdom

☆ Gen Alpha tweens are fueling sales in skincare. It isn't just because they are worried about wrinkles.
▼ + stars: | 2024-06-11 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +9 min

Gen Alpha tweens who spoke with Business Insider are unconvinced that fear of aging is behind their new obsession. Related VideoGen Alpha's spending powerBy all accounts, Gen Alpha is going to be a mighty generation of big spenders. But Gen Alpha skincare enthusiasts are taking their newfound habit seriously. The survey of nearly 3,000 respondents included 537 US-based 13- to 17-year-olds who were asked about antiaging, skincare, and beauty. Where influences lieIt may be that Gen Alpha kids are learning from their parents as children of millennials and Gen Zers.

Persons: —, Alpha tweens, Gen Alpha, They're, Zers, Gen Alphas —, NIQ, Alpha, Janice Miller, Miller, I've, Jenny Grant Rankin, Piper Virginia Rankin, Piper, Valerie Aparovich, Aparovich, Shayan, Rankin's, antiaging, Thorne, YouGov, Z, Alphas, BI's Eve Upton, Clark, tweakments, Geeta Yadav, Yadav, Dr, Alexandra Forsyth, Forsyth, Maeve Organizations: Service, Alpha, Business, Bliss, NYU School of Medicine, Gen Alpha, Mashable Locations: skincare, Sephora, millennials

☆ What you should do if a fellow passenger on a plane insists you switch seats, according to travel experts
▼ + stars: | 2024-06-11 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

But what if you paid extra for a window seat or extra legroom? There's a heated discussion doing the rounds on social media about when you should switch seats, and under what circumstances you should refuse. Proceed with cautionSome travelers have been sharing their experiences on social media, saying that caution should be exercised when someone asks to switch seats because people "don't always have the best intentions." Airlines offer options to choose seats in advance, so it's good practice for passengers to get in the habit of planning ahead. "From a glass of fizz, to extra pillows and blankets, or maybe some treats from a premium cabin if available."

Persons: —, Nick, Rylie, Jessica Dante, Dante, Ally Gibson, Ally, Gibson, she's, Carrie Bradley, Bradley Organizations: Service, Business, Love, Airlines Locations: London

☆ The crucial skills for middle managers to survive the 'great unbossing'
▼ + stars: | 2024-06-10 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

Rather, we need to remember what makes a middle manager valuable. AdvertisementWith improved communication and listening, more empathy, and emotional intelligence, middle managers could save themselves from the "great unbossing," Gandy said. The attack on middle managersCompanies have been axing middle management positions as a way to cut costs. For starters, middle managers provide mentorship to junior employees and graduate staffers. A lack of trainingGood middle managers need training and guidance, which is severely lacking in current workplaces, Gandy said.

Persons: —, Koma Gandy, Gandy, Zers, Z, Micromanaging, doesn't, shouldn't, it'll Organizations: Service, Business, Companies

☆ Welcome to another summer of uncertainty in Hollywood
▼ + stars: | 2024-06-10 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +6 min

Entertainment industry professionals gathered at an IATSE, Teamsters Local 399 and Hollywood Basic Crafts rally in Encino in March. They are represented by Teamsters Local 399, with the drivers making up the largest portion of their membership. What is Hollywood Basic Crafts? Hollywood Basic Crafts and Teamsters Local 399 began June 10. IATSE, Teamsters Local 399 and Hollywood Basic Crafts’ respective contracts expire on July 31.

Persons: “ There’s, ” Lindsay Dougherty, “, ” Dougherty, Hollywood’s, IATSE, Dougherty, there’s Organizations: CNN, Teamsters, Hollywood Basic Crafts, Alliance, Television Producers, Crafts, IATSE, Hollywood Crafts, Entertainment, zz, International Brotherhood of Teamsters, of Transportation, wranglers, OPCMIA, Plasterers UA, International Alliance, Hollywood Locations: California, Encino, Hollywood, IBEW, IATSE

☆ What Made New York Great? Leadership. Where Is It Now?
▼ + stars: | 2024-06-09 | by ( Michael Kimmelman | ) www.nytimes.com time to read: +1 min

Have we lost the ability to do big things? It’s a question after Gov. Kathy Hochul suddenly put an “indefinite pause” on a plan to institute congestion pricing for driving in a large swath of Manhattan, an idea dating back some six decades to the Lindsay era. But back in December, at a rally promoting congestion pricing, she had said: “From time to time, leaders are called upon to envision a better future, be bold in the implementation and execution, and be undaunted by the opposition.”“This is when we demonstrate leadership,” she declared at the time. New York has been suffering a leadership crisis for a while now.

Persons: Kathy Hochul, Lindsay, ” Organizations: Democratic Locations: Manhattan, Nassau , Suffolk, Westchester, New York

☆ Baby naming is big business, with consultants charging up to $10,000 to find the perfect name
▼ + stars: | 2024-06-07 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Now, there are baby naming consultants who rifle through popularity lists, analyze trends, and recommend the right fit for families. There are companies that specialize in baby names, too. AdvertisementCoffield said she knew she could make a living from baby names when she started talking about it on TikTok. She had previously focused on educating women about how to be empowered while giving birth and casually spoke about baby names a few times. The biggest way to build success in the baby naming business is to make sure people find you credible, Coffield said.

Persons: —, influencer Francesca Farago, @francescafarago, ames, earbooks,, ike, ersonal, ake, ince, ure Organizations: Service, Business, Netflix, ust

☆ Election Updates: Trump again suggests prosecuting his political opponents.
▼ + stars: | 2024-06-05 | by ( Maggie Astor | ) www.nytimes.com time to read: +5 min

Lara Trump, the Republican National Committee co-chair and Mr. Trump’s daughter-in-law, strongly denounced him on CNN. Mr. Hogan has also said he would not be going to the Republican National Convention in Milwaukee next month, where Mr. Trump will officially receive the nomination. Mr. Hogan remains personally popular in Maryland, something Mr. Trump is not. “We don’t want to alienate Trump voters,” Mr. Hogan told The Associated Press in April. “But Larry Hogan is running for Senate in Maryland, not Mississippi,” a nod to the needle Mr. Hogan must thread.

Persons: Donald J, Larry Hogan’s, Hogan, Trump, “, ”, Chis LaCivita, Lara Trump, Trump’s, Hogan’s, Michael Whatley, Larry Hogan, Biden, Republicans —, —, Ben Cardin, ” Mr, Mr, Whatley didn’t, Steve Daines, Angela Alsobrooks, George Santos, Lou Dobbs, Chaya Raichik, aren’t, John Cornyn, Lindsay Reilly Organizations: Senate, Democratic, Mr, Trump, Republican, Republican National Committee, CNN, Republican Party, Trump Republican, Republican National Convention, Washington , D.C, Republicans, Democrat, Associated Press, Biden voters, Maryland, National Republican Senatorial Committee, Republican leadership’s, Fund, Hogan’s Democratic, Prince, Maryland Democrats, Maryland Democratic Party Locations: Maryland, Manhattan, America, Milwaukee, Washington ,, Montana, Mississippi, Prince George’s County, Washington, Texas

☆ The tattoo industry is facing a reckoning, with customers fed up with bad artists, overpricing, and sexism
▼ + stars: | 2024-06-05 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Jason John Miles, a tattoo artist and content creator, said the industry is in a "bad state." According to data from Fortune Business Insights, the tattoo industry is expected to reach $3.92 billion by 2030. "Consumers are less likely to put up with bullshit from tattoo artists and tattoo shops," Dominique said. There are tons of good male tattoo artists, she said, and there is still a market for them. Despite the current challenges, artists who spoke with BI said they were hopeful about the tattoo industry.

Persons: —, Jason John Miles, Jason Barry Hua, Hua, Allan Buhl, we've, Buhl, they've, Dominique, They're, Statista, Gen Zers, There's, Courtney Monteith, overcharged, they're, Elaine, Kee Kee James, Mikhaila Friel Organizations: Service, Business, Pew Research Center, Fortune Business, birmingham, BI Locations: New York, United States, Florida

☆ Christina Applegate says MS made her depressed. I was too when first diagnosed, but I found a way out.
▼ + stars: | 2024-06-05 | by ( Lindsay Karp | ) www.businessinsider.com time to read: +5 min

On a recent episode of the MeSsy podcast, Christina Applegate said she doesn't enjoy living because of her multiple sclerosis (MS) battle. It took me 13 years to get diagnosed with multiple sclerosisSeven years ago, I received my official MS diagnosis after 13 years of pleading with doctors for an answer. AdvertisementIt took the author 13 years to get diagnosed with MS and an additional three years for the meds to start working on her symptoms. You begin comparing life before disease onset to your current capabilities, and you mourn the loss of everything in between. For the first three years, the infusions worsened every MS symptom I'd ever had.

Persons: Christina Applegate, Applegate, I've, I'd, — I'd, —, Christina, Jamie, Lynn Sigler, there's, Christina — Organizations: Service

☆ 'Unbossing' the workplace could make Gen Zers better at their jobs, hiring experts say
▼ + stars: | 2024-06-03 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

Read previewThe great unbossing is underway, with companies cutting middle management positions. Cost cutting, Gen Z's distaste for management , remote working, and increased pressure on performance are all factors in why middle managers are finding their jobs are most at risk during layoffs. She said that not having a micromanager picking apart their work could benefit Gen Zers who don't feel they need to be "spoon-fed." Doing it rightThose who are skeptical of companies axing middle managers say it could mean junior staff won't receive the mentorship needed to climb the ladder. Camberato said staffers of all generations, from Boomers to Gen Zers, need to evolve, "especially as technology advances."

Persons: —, Sophie O'Brien, O'Brien, Zers, micromanagers, they'll, We're, Catherine Rymsha, The University of Massachusetts Lowell, Rymsha, Joe Camberato, Camberato, Gen Zers Organizations: Service, Business, The University of Massachusetts, Business Capital, Boomers

☆ MrBeast says his copycats won't succeed, and experts agree
▼ + stars: | 2024-05-31 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMrBeast is the most successful YouTuber of all time, but copying him isn't likely to yield the same results. Some have the same type of thumbnail, same overlay text, and even visit the same places Donaldson does. "His content doesn't succeed because of what you can see on the surface or flash-in-the-pan trends. Copying Donaldson will also not work because he has such vast resources that almost nobody else has access to, so any copycats are likely to be underwhelming.

Persons: —, YouTuber Jon Youshaei, Jimmy Donaldson, Donaldson, Youshaei, Ryan Trahan, Ryan, Gilbert Flores, Xavier English, Supermix, he'd, Katya Varbanova, copycats, aren't, Varbanova, you'll, It's, Kaye Putnam, Putnam Organizations: Service, YouTube, Business, Getty, Xavier

☆ Ulta Beauty lowers guidance after first-quarter sales slowdown
▼ + stars: | 2024-05-30 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

Ulta Beauty reported on Thursday fiscal first-quarter earnings that showed the effects of a slowdown its CEO had previously warned about. Ulta reported that it is now expecting net sales in the range of $11.5 billion to $11.6 billion and comparable sales in the range of 2% to 3%. The company previously guided to full-year net sales of $11.7 billion to $11.8 billion and comparable sales of 4% to 5%. Ulta CEO Dave Kimbell in April warned of cooling demand in the beauty category at an investor conference. AI-powered beauty company Oddity Tech recently told CNBC the industry isn't seeing so much a slowdown, but a shift.

Persons: Ulta, Dave Kimbell, Kimbell, Lindsay Drucker Mann, Baird, Jane Hali Organizations: LSEG, Tech, CNBC, Associates

☆ MrBeast loves pushing himself to the point of misery — and thinks it will be 10 years before he takes a break
▼ + stars: | 2024-05-29 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +3 min

In a recent interview, he spoke about the situations he finds particularly difficult. But, in a recent interview, he said he even enjoys pushing himself to the extreme. Jimmy Donaldson, better known as MrBeast, is the biggest YouTube creator in the world with 262 million subscribers. "Weirdly, I get enjoyment out of going to the point of misery and then pushing through it and finishing," he said. '"Most people can't do that because I think we had petabytes worth of footage," Donaldson said.

Persons: doesn't, —, he's, Jimmy Donaldson, Donaldson, Youshaei, I've Organizations: Service, YouTube, Business

☆ MrBeast warns fans not to be racist in his battle to win the subscriber war against T-Series
▼ + stars: | 2024-05-29 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThings have come full circle for MrBeast, who is on his way to being crowned the owner of the biggest YouTube channel in the world. In 2019, he was buying up billboards in support of his friend and fellow YouTuber Felix Kjellberg, better known as PewDiePie. In a recent interview with journalist and YouTuber Jon Youshaei, MrBeast, whose real name is Jimmy Donaldson, asked if he had a message for T-Series. AdvertisementDonaldson said he wanted to make it "very clear" that his fans shouldn't see this as "this country versus that country."

Persons: —, YouTuber Felix Kjellberg, he's, YouTuber Jon Youshaei, Jimmy Donaldson, Donaldson, Felix Kjellberg, Kjellberg, PewDiePie, I've, India, Jimmy Organizations: Service, YouTube, Business Locations: India

☆ Gen Zers are spending hundreds of dollars on dirty sneakers, and parents are shocked
▼ + stars: | 2024-05-28 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

On Net-A-Porter, the most expensive Golden Goose shoe costs just over $1,000, while the cheapest is $420. Some of the more expensive Golden Goose sneakers. www.goldengoose.comInterest in Golden Goose sneakers was bubbling among Zoomers last summer and seems to have boomed in 2024. Some Golden Goose disciples say they've been questioned about why they would buy dirty shoes, particularly for hundreds of dollars. When Schiffer's mom noted ripped jeans are in style too, her father asked: "Why don't you just buy my old sneakers?"

Persons: —, Porter, Francesca Rinaldo, Alessandro Gallo, they've, Dunks, Golden, Taylor Swift, Selena Gomez, Hilary Duff, Silvio Campara, aren't, Sydney Schiffer, there's, Schiffer, I'm Organizations: Service, Business, Super, Adidas, Bloomberg, Financial Times Locations: Milan

☆ Neighborhoods have really dumb names these days
▼ + stars: | 2024-05-26 | by ( Matt Turner | Jordan Parker Erb | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This was after Sam Altman tried to hire her to voice the AI bot, and she declined. OpenAI paused the voice, saying a different actress was behind it, and that the voice was cast before Altman reached out to Johansson. That one of the AI voices sounds a great deal like a Hollywood star who declined to work with OpenAI is purely coincidental . Also read:Fine Art Photographic/Getty Images; Jenny Chang-Rodriguez/BIWelcome to DumBroCities on the rise have a weird trend these days: Really dumb neighborhood names.

Persons: —, Andrew Caballero, Reynolds, Isabel Fernandez, OpenAI's, Spike Jonze, Scarlett Johansson, Samantha, Sam Altman, OpenAI, Altman, Johansson, Sundar Pichai, Vincent Sandoval, Getty, Henrik Sorensen, Tyler Le, Larry Ellison, it's, Tera Vector, Juanma Hache, Abanti Chowdhury, they're, Andrea Chronopoulos, — isn't, Jenny Chang, Rodriguez, — Lindsay MacMillan, Goldman Sachs Organizations: Service, Business, Pujol, Hollywood, Tera, Sciences, BI FI, Goldman Locations: Guadalajara, Mexico, DumBro Cities, Denver

☆ The Rolling Stones Really Might Never Stop
▼ + stars: | 2024-05-24 | by ( Lindsay Zoladz | ) www.nytimes.com time to read: +2 min

The Stones’ first New York-area stadium gig in five years was sponsored, without a hint of irony, by AARP. I’ll have whatever vitamins the Stones are taking, please.) Ronnie Wood, the core group’s baby at age 76, still shreds on the guitar with a grinning, impish verve. Sprinting the length of the stage during a rousing “Honky Tonk Women” — the 13th song in the set! — he conjured no other rock star so much as Benjamin Button, as he seemed to become even more energetic as the night went on.

Persons: Mick Jagger, Ronnie Wood, Keith Richards, I’m, Jagger, Benjamin Button Organizations: MetLife, York, ”, AARP, verve, Hackney Locations: Manhattan, York City, New York

☆ Corporate America is going through a middle-management meltdown
▼ + stars: | 2024-05-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Middle managers are becoming an endangered species in Corporate America, with some companies viewing the role as obsolete , writes Business Insider's Lindsay Dodgson. Remote work, tech efficiencies, and a general push to cut costs have contributed to middle managers' demise. It's a strategy Corporate America, particularly Big Tech, deployed in 2023. The "year of efficiency," as Mark Zuckerberg dubbed it, was all about flattening organizations, and middle managers were the ones getting squished . The death of middle managers could also fuel the current dismantling of another cohort: the middle class .

Persons: —, Brooks Kraft, Insider's Lindsay Dodgson, millennials, Gen Zers haven't, Robyn Phelps, they're, Mark Zuckerberg, Gen, Jeffrey Gundlach, we're, Blackstone, Abanti Chowdhury, Jensen Huang, Hopper, Blackwell, Lilit, Tyler Le, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Brooks Kraft LLC, Getty, America, Big Tech, Citi, Street Journal, KKR, Meta, Google, Nvidia, Paragon Intel, National Association of Realtors, FAA Locations: Corporate America, millennials, New York, London

☆ Jane Seymour on Her Best Movie & TV Roles: 'Wedding Crashers,' 'Dr. Quinn,' 'Bond'
▼ + stars: | 2024-05-23 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +14 min

AdvertisementI had to look and play a virgin — which I managed to do quite convincingly into my 40s on "Dr. Quinn," by the way. But I've only ever done two TV series, so now it's "Dr. Quinn" or "Harry Wild." AdvertisementAnd by the way, I got the worst reviews ever on "Dr. Quinn" as well. Studio Seven Productions/NM/Sygma via Getty ImagesI was going to bring up "Dr. Quinn" next — did you expect it to turn into such a beloved show when you initially signed on? There's another factoid that when I did "Dr. Quinn," I only washed my hair in English rainwater that was flown in on a 747 every week.

Persons: Roger Moore, Jane Seymour, Bond, Seymour, Harry Wild, she's, She's, Lindsay Lohan's, — she's, Christopher Reeve, Quinn, " Milne, I'd, It's, I'm, I've, Christopher Reeve Jane Seymour, Eddie Sanderson, Dana, Reeve, Chris, —, Sir, Shaw, Colin Powell, Dr, Doctor Quinn, Jane, she'll, we've, it's, Owen Wilson, You've, it'd, Owen, I'm Kitty Cat, Steffan, Princess Leia, Spielberg, Richard Chamberlain Organizations: Business, Acorn, Netflix, Hearts Foundation, Medicine, Seven, Getty, CBS, Orange, Raiders Locations: English, Dublin, Calgary, Eden, Hong Kong, New York, Mexico

☆ TSA agents think the crew-member lane at airports is a huge security flaw that staff abuse for smuggling
▼ + stars: | 2024-05-23 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Read previewAirport security officers have concerns over the special crew-member lanes that enable flight attendants and airline pilots to bypass typical passenger screening procedures. However, former and current TSA agents told Business Insider the lanes were "terrible" and that cabin crews could be "a bigger flight risk than the passengers themselves." 'KCM should be eliminated'TSA agents told BI these stories of cabin-crew wrongdoing "completely breach the trust that we put in them." "Transportation Security Officers conduct security screening for prohibited items at airport checkpoints and checked baggage screening," a TSA spokesperson told BI. However, Harmon-Marshall said airlines should do a better job of educating their crews about the dangers of the program, particularly when a flight crew is walking around in their uniforms.

Persons: —, John F, Charlie Hernandez, Sarah Valerio Pujols, Emmanuel Torres, Jarol Fabio, Dennis Ring, Marsha Gay Reynolds, Ben Schlappig, Schlappig, Caleb Harmon, Marshall, Harmon, there's, they'll, they're, they'd Organizations: Service, Transportation Security Administration, Airlines for America, Air Line Pilots Association, International, Business, TSA, Kennedy International, Prosecutors, Delta Air Lines, NBC News, New York Post, Airlines, America, Transportation Locations: New York

☆ Peak season shipping demand is rising, and so are supply chain concerns, says DHL CEO
▼ + stars: | 2024-05-23 | by ( Lori Ann Larocco | Sara Lindsay | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPeak season shipping demand is rising, and so are supply chain concerns, says DHL CEODHL Express US CEO Greg Hewitt says shipping demand looks strong for peak season with orders coming in higher than the 'diminished' rate of the prior two years.

Persons: Greg Hewitt Organizations: DHL, DHL Express

☆ How Baked by Melissa's founder turned a tiny New York City apartment kitchen business into a cupcake empire
▼ + stars: | 2024-05-22 | by ( Sara Lindsay | In Sara-Lindsay | ) www.cnbc.com time to read: +1 min

Count Baked by Melissa founder Melissa Ben-Ishay among the entrepreneurial success stories founded on getting out of the corporate rat race. Before starting her company, Ben-Ishay worked at an ad agency in New York City – a role she felt unfulfilled in. At the time, every cupcake came from her tiny New York City apartment kitchen. The cafe owner became a shareholder in Baked by Melissa, and the company was able to continue using the space for years. A year after it moved into the Cafe Bari space, Baked by Melissa opened its second location in Union Square.

Persons: Melissa, Melissa Ben, Ishay, Cafe, Ben Organizations: Ben, aha, CNBC Locations: New York City, Ben, Cafe Bari, Bergen County, Bari, Union Square

☆ TikTok is becoming a new GoFundMe, with views replacing donations to help people get out of debt
▼ + stars: | 2024-05-22 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Read preview"We are paying off each other debt on TikTok," a creator recently declared. The creator, named Yolanda, was gushing about the "pay off each other's debt" trend that seems to have become popular on the app. More than 4,000 videos have been posted under the #payoffdebttrend hashtag on TikTok, with creators asking for help for various reasons including medical bills, student debt, and unexpected costs. The requirements for earning money on TikTok are to have at least 10,000 followers and to have amassed 100,000 video views in the previous 30 days. AdvertisementAccording to creators who previously spoke with BI in 2022, the amount TikTok pays creators varies widely from a few pennies to $17 per 1,000 views.

Persons: —, Yolanda, TikTok, Katya Varbanova, Jake Heisenburg, Heisenburg, commenter, didn't, he'd, Markia Brown, Mark Tilbury, Varbanova, it's, Brown, isn't Organizations: Service, Business, New York Federal Reserve Bank, TikTok, Facebook Locations: TikTok, Experian

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