Matt Onofrio quickly made millions as a real-estate influencer. Then he was indicted for bank fraud.
Remember the stock market's good ol' days? Companies were talking about grand future plans, interest rates were at zero, and the US government was mailing checks everywhere. In that environment, any fool — or anyone on Wall Street — could buy almost any asset, sit back, and watch its value increase. Stocks didn't just go up, they soared.
Wall Street is hoping that — and investing like — we're going back to that era sometime soon. There's only one problem with this hopeful story: It's completely backward. The reality is that our new inflation era is by no means over, Insider's Linette Lopez writes. Going forward, there will be pain in some pockets of the economy. The stock market will get choppy. And Wall Street's stock pickers may have to sweat a bit to make their clients happy. But that may not be a terrible thing — it's just the start of something new.
In exchange for expanding course availability and bringing in new students, OPMs receive a big chunk of the tuition revenue from the online programs. But while the OPM model may seem like an easy win for colleges, many students find themselves shouldering a huge debt load from a program that turned out to be a pale imitation of the in-person learning experience."It's easy to be a wolf in sheep's clothing.
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