Financially

Alex Pearlman shut the door on dreams of a standup comedy career almost a decade ago, pivoting from the stage to an office cubicle where he worked a customer service job.Then he started posting random jokes and commentary about pop culture and politics on TikTok. Just over 2.5 million followers later, he quit his nine-to-five and recently booked his first nationwide tour.Pearlman is among the many TikTok creators across the U.S. outraged over a bipartisan bill passed by the House of Representatives on Wednesday that would…

Credit: Pixabay/CC0 Public Domain A research team from the University of Oxford and the University of Glasgow has found that prepayment cards provided to U.K. asylum seekers by the Home Office are collecting their data and controlling their behaviors in ways that have highly detrimental impacts on their well-being. The research details the…

MTN Nigeria joined the expanding list of financially distressed companies in the country after its entire shareholders’ fund was obliterated by a sweeping after-tax loss precipitated by a dollar scarcity in Africa’s biggest economy. The wireless carrier, which executes the majority of its transactions with trade partners in foreign currencies, incurred N740 billion in net foreign exchange loss last year following sharp jumps in the rates of exchanging the naira for the dollar. That turned its shareholders’ fund…

PZ Cussons Nigeria is facing possibly its biggest existential problem since setting foot in the country 125 years ago after Nigeria’s harrowing foreign exchange crisis plunged the country deeper into troubled waters. The local unit of British healthcare products and consumer goods giant PZ Cussons Plc slipped into a negative net asset position after a free fall in the value of the naira eroded earnings and wiped out its shareholders’ fund in its entirety. Negative net asset is a financial condition whereby a…

Half of Gen Zs and Millennials say they live paycheck to paycheck and are taking on side hustles to make ends meet. Jourdan Skirha from Arizona is one of them.Recently, the 29-year-old woman uploaded a video to her social media about her three jobs not being enough to carry her out of financial hardship.In it, Jourdan vents about her situation, and asks others if it’s just her, or if they are struggling as well. The candid no-BS clip quickly spread all over the internet, igniting a discussion on the current cost of…

Luke Combs won thousands of dollars in a lawsuit he had no idea had been filed in the first place, against a fan who suffers from a debilitating heart condition, which sparked his guilt and inspired him to help her.The 33-year-old singer-songwriter had previously launched his brand of tumblers, before finding out that one of his fans, Nicol Harness, had been creating a similar beverage container to his, prompting a lawsuit against her.The situation had left Luke “sick to his stomach” as he woke up to find he’d won a…

Over 350 million people on the African continent are excluded from the financial system, a new report has shown. Published by AfricaNenda in partnership with Co-Develop, the report was released on Tuesday in Nairobi, Kenya. PREMIUM TIMES’ reporter monitored via Zoom the release of the report from Accra, Ghana, where a journalism fellowship on Digital Public Infrastructure (DPI) is ongoing. Presenting the report, Sabine Mensah, Deputy CEO of Nairobi-based AfricaNenda, a not-for-profit organisation, said the high…

To many people, it sounds like Kevin Costner’s estranged wife Christine Baumgartner will be sitting pretty the rest of her life, now that a judge has agreed that the actor should temporarily pay her $129,000 a month in child support as they await a final settlement in their divorce. But not so fast, according to family law experts. Believe it or not, Baumgartner “could be financially wiped out” in the future, given a number of factors, one expert said. These factors include the way child-custody and California divorce…

Credit: Shutterstock Women in abusive relationships are more likely to be unemployed and earn less money than women with non-abusive partners. That's among the key findings confirmed by a landmark international study by researchers from England, America and Finland, which charted the economic impact abusive relationships have on…

Get our free weekly email for all the latest cinematic news from our film critic Clarisse LoughreyGet our The Life Cinematic email for freeJason Sudeikis wants his child support payments to be “financially fair” after ex Olivia WIlde claimed he does not pay child support, a source has claimed.The former couple dated from 2011 to 2020 and share two children, an eight-year-old son and six-year-old daughter.Earlier this week, new legal documents showed that Wilde had asked a judge to order the Ted Lasso star to pay her…