How well do American save? It seems the alarm bells are being incessantly sounded: Americans are not saving enough, and not only do they not have enough saved for retirement, they’re up to their eyeballs in debt and they’re getting suckered into payday loans. We heard plenty of alarm bells in May of last year,
Month: May 2019
Stephanie Román, Senior Policy Analyst, Policy and Advocacy UnidosUS In the last two weeks, President Donald Trump, his spokesperson Kayleigh McEnany, and a number of conservative pundits have been bragging about Hispanics having the lowest unemployment rate in decades. Yes, Hispanic unemployment is at its lowest level since it started being reported by the Bureau of Labor
Gunther Schmidt, CEO and founder of Quarters Quarters Co-living is becoming one of the world’s most popular forms of urban housing, particularly for single millennials and those who travel for work. Among those leading the trend is a 34-year-old entrepreneur from a small town in Germany with no background in real estate or finance, or
Facebook is still reeling from the fallout of its Cambridge Analytica scandal more than a year ago, as multiple former recruiters say candidates are turning down job offers from what was once considered the best place to work in the United States. More than half a dozen recruiters who left Facebook in recent months told
Adam Neumann, co-founder and chief executive officer of WeWork. Michael Nagle | Bloomberg | Getty Images As newly public companies representing the sharing economy, Uber and Lyft stumbled out of the gate. WeWork is trying to prepare a different narrative for Wall Street. In an interview with CNBC to discuss the company’s first-quarter financials, CFO
Donald J. Trump looks out after a meeting with military leadership at the Mar-a-Lago club in Palm Beach, FL Jabin Botsford | The Washington Post | Getty Images President Donald Trump’s latest financial disclosure report reveals a drop in income at his Florida luxury resort Mar-a-Lago. The report, released Thursday, is required to be filed
Millennials have been in no rush to move out on Mom and Dad. Nearly 22% of them, or more than 14 million young adults, still live with one or both parents, according to real estate website Zillow. That is the highest share for this age group since at least 2000. Millennials, especially older ones, have
Two of Cisco Systems’ top executives told CNBC that additional U.S. tariffs on Chinese imports would not just harm the San Jose, California-based network equipment maker but American industries as a whole. “If it goes to all China imports it’s not only going to impact us, but it’s going to impact every industry,” Cisco CFO
Pedestrians walk past a stock indicator board showing the share price index of the Tokyo Stock Exchange (C, top) in Tokyo on December 25, 2018. – Jiji Press | AFP | Getty Images To avoid doing something you’ll regret, you might have decided to look away from your investments until all those trade war headlines start
Analysts say Amazon is poised to disrupt the $934.8 billion dollar global pharmaceutical industry. PillPack Nimble Pharmacy was among a crop of emerging companies, backed by venture capitalists, aiming to deliver prescription drugs from their own pharmacies to consumers’ homes or offices. Then Amazon bought online pharmacy PillPack in 2018, and Nimble needed to find
Share to facebook Share to twitter Share to linkedin Photocredit: © 2019 Bloomberg Finance LP © 2019 Bloomberg Finance LP The U.S. dollar is likely to hit a new high. The dollar DXY index broke through the 97.7 resistance in late April and projected 100 on the upside. However, the weekly price cycle then turned
#digitaltransformation https://enterprisersproject.com/article/2017/7/10-digital-transformation-must-reads Joining a board of directors sometimes has the connotation that it’s an easy job you accept after retiring from your career. People tend to think that board members just play golf and show up to quarterly meetings to review the board package, the budget and look over financials. While this may have been
This 3-plus acre secluded property has been owned by the same family since it was built. Sotheby’s International Realty Around the country, for-sale and open-house signs are popping up like flowers in spring. But there’s one architectural gem on the market in a St. Louis suburb that needs no such sign in front to draw
A customer smokes an E-Cigarette at Digita Ciggz on January 28, 2015 in San Rafael, California. Justin Sullivan | Getty Images A federal judge is siding with public health groups suing the Food and Drug Administration to begin reviewing thousands of e-cigarettes on the U.S. market. The ruling handed down Wednesday in district court states
Walmart on Thursday reported earnings that topped analysts’ expectations but sales came up short, as international revenues declined with currency headwinds dragging on its business overseas. E-commerce sales grew 37%, boosted by its home and fashion businesses, Walmart said. That was better than online sales growth of 33% a year ago, but moderated from a
Ginni Rometty, CEO of IBM, speaking at the Business Roundtable CEO Innovation Summit in Washington, DC on Dec. 6th, 2018. Janhvi Bhojwani | CNBC PARIS — Solving the question of “digital trade” is just as crucial to trade talks between the United States and China as conversations around resolving tariffs on physical goods, IBM CEO
A pedestrian walks past the Federal Reserve building on Constitution Avenue in Washington, March 19, 2019. Leah Millis | Reuters A Federal Reserve projection on economic growth just weakened substantially, and expectations for a rate cut over the next eight months got a lot stronger. The Atlanta Fed’s closely watched GDPNow tracker is pointing to
“The Historic Main Street Trolley in Memphis, Tennessee, with buildings, an elegant station, and water fountains in the background.” Davel5957 | E+ | Getty Images Live like a king on $100,000 in Memphis, Tennessee. It turns out the “Home of Blues, Soul and Rock ‘n Roll ” is the best U.S. city to live in
The biggest healthcare players have aging populations and heightened middle-class demand on their side as they just get bigger still. They’re tapping into this growth environment: Global health care expenditures are expected to continue to rise as spending is projected to increase at an annual rate of 5.4 percent between 2017-2022, from USD $7.724 trillion to USD
Alice Rivlin, right, a former White House budget director and a member of President Obama’s debt commission, answers questions from the deficit supercommittee during a hearing on Capitol Hill in Washington, Tuesday, Nov. 1, 2011. At left is former Sen. Alan Simpson, R-Wyo., who co-chaired the Obama debt commission. (AP Photo/J. Scott Applewhite) ASSOCIATED PRESS
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