Freelancing is on the rise

TODAY IS TUESDAY, JANUARY 16

WHAT TO EXPECT

• stories — Manhattan rental market is still competitive, credit card delinquencies on the rise, creator economy will grow tremendously, Citigroup is cutting jobs
• quote of the day
• extra stories
• this week's read — The Mind-Gut Connection
• tools to try — Veed.io
• on social — Codie Sanchez
• weekly favorites — Sneakers that we’re loving

REAL ESTATE, MANHATTAN RENTERS GET NO RELIEF IN A COMPETITIVE MARKET
Renters in Manhattan are getting no break with the rental rates, which have increased by 16% from December 2019 to last December. The average rent on new leases was $4,050! Thanks to the increasing demand of those wanting to live in Manhattan, the market remains competitive.

FINANCE, CREDIT CARD DELINQUENCIES ON THE RISE
More Americans are under credit card debt than ever before and late payments have also increased. The increased interest rates are not making the situation any better. Analysts say that making minimum payments with this rate may prove to be harsh for users.

WORK LIFE, THE CREATOR ECONOMY CAN APPROACH HALF-A-TRILLION DOLLARS BY 2027
According to Goldman Sachs, the creator economy aka freelancers and content creators are on the rise. There are currently about 50 million creators globally and expected to increase by 10-20% annually. However only about 4% make over $100,000.

BUSINESS, CITIGROUP IS CUTTING 20,000 JOBS
Citigroup’s CEO Jane Fraser is looking to restore the organization’s financial stability by cutting jobs due to a 25% revenue decline in Q4 of 2023. The expected amount to be saved is up to $2.5B with around $1B for severance payments.

🤍 Finding your attachment style can be super helpful in navigating through relationships. It'll provide clarity towards your behaviors, reactions, and insecurities. There are 4 styles that can help to learn more about yourself.

🧴 Pre-wash hair oil is the 2024 must-adapt-to habit as it can help your scalp feel deeply moisturized and make your shampooing routine feel gentler. Hair oil can also work as an emollient by coating your strands and cuticle.

🍳 Is it healthy to eat eggs everyday? They’ve got proteins and essential compounds such as choline to help your body in multiple ways. The risk isn’t consuming them daily, but pairing them with highly processed foods that have health deteriorating factors themselves.

While the dialogue between the gut and the brain has been recognized by ancient healing traditions, Western medicine has failed to appreciate the complexity of how the brain, gut, and microorganisms that live inside our digestive tract — communicate with one another. The Mind-Gut Connection conclusively demonstrates the inextricable, biological link between mind and the digestive system.

VEED.IO
Video editing, screen recording, and subtitles + transcription all in one. This is the all-in-one platform where you can create professional quality content when you want.

SNEAKERS THAT WE’RE LOVING