Joe Biden Is Struggling to Cash In on His Presidency - WSJ — He’s still $800k in debt? How can a former president be so poor at managing his money?

Biden, 82 years old, is charting a postpresidency that is less lucrative than what he’d expected when he left office. Options for big jobs are limited by his advanced age, his unpopularity in Democratic circles and companies—concerned about retribution from President Trump—that aren’t offering speaking gigs. His own allies have grown critical of his presidency, most recently former Vice President Kamala Harris, who in a new book says the Democratic Party was reckless to allow Biden to run a second time.

The Long-Term Unemployed Today? College Grads. - The New York Times – Time to cut interest rates.

When the federal government released its August employment numbers on Sept. 5, the overall unemployment rate was still relatively low, at just over 4 percent. But underneath was a concerning statistic: The portion of unemployed people who have been out of work for more than six months, which is considered “long-term,” rose to its highest share in over three years — to nearly 26 percent.

The trend has alarmed some job-market watchers. “Such an increase is unprecedented outside of recessions,” said an economist at the Federal Reserve Bank of Richmond, alluding to a steady worsening of the long-term unemployment rate. Economists at Goldman Sachs recently expressed concern that a collapse in the number of job openings “risks locking out” those who are already unemployed.

But just as surprising as the rise in long-term unemployment is the subset of workers who are increasingly driving it: the college educated. The fraction of long-term unemployed people with a college degree has grown from about one-fifth a decade ago to about one-third today, according to government data compiled by Matthew Notowidigdo and Jingzhou Huang of the University of Chicago. The problem has worsened over the past year or two after easing temporarily.

New York Magazine | Save this tip from Look Book photographer @frankiealduino for the next time your iPhone photos look a little off. At the link in our bio,… | Instagram

“Take the phone and turn it upside down so the lens is on the bottom half. Do 2x zoom, step back, and it will make everything seem far more in actual human proportion. This is why people are getting crazy nose jobs and lip jobs, because they’re looking at themselves with a phone camera too much and thinking that’s the reality of their faces! And it’s just a lens, and we’re getting weird distortion. Two times zoom, flip the camera over, move in and out from there, is what I would say. And get low.”