Sara Blakely built Spanx into a billion-dollar brand having no background in design, business or manufacturing. She launched the company in 1998 with just $5,000 she had saved from selling fax machines door to door. But beyond just seed money, Blakely says that job provided something else important for her and for Spanx: Working in
Month: October 2020
Whatever the outcome, the November presidential election promises to bring a period of uncertainty and volatility to the markets. However, equities are still your best long-term bet, two experts said on Tuesday at the CNBC Financial Advisor Summit, a day-long virtual conference for financial advisors. After hitting fresh highs even during the Covid-19 crisis, stocks
Getty Images It’s no secret that many people worry whether Social Security will be there for them when they retire. And recent headlines could be stoking those fears. Last week, the Social Security Administration announced the annual cost-of-living adjustment will be 1.3% in 2021. The change will amount to just $20 more per month for
People receive food at a distribution site during the coronavirus pandemic. Spencer Platt | Getty Images News | Getty Images Alaska and New Jersey Delays in $300 unemployment Delays are largely attributable to sluggish state administration, which has been hampered by antiquated, decades-old technology and an elevated level of jobless claims. More than 25 million
This combination of pictures created on September 29, 2020 shows US President Donald Trump (L) and Democratic Presidential candidate former Vice President Joe Biden squaring off during the first presidential debate at the Case Western Reserve University and Cleveland Clinic in Cleveland, Ohio on September 29, 2020. Getty Images For business tax expert Tony Nitti,
As a consultant to families with aging parents, I hear a lot about abuse of elders, particularly by family members. There are the “good son, bad son” stories and their counterparts of “good sister, bad sister” scenarios. In most cases, an adult child of an elder sees or hears about suspicious financial moves by someone
If you are follow my writings, you’ll know that I often write about matters of personal finance using my company’s economics-based, personal financial planning software. What you may not know is that, together with UC Berkeley economist, Alan Auerbach, and other economists in academe, the Federal Reserve Bank of Altanta, my graduate students, and my
Custom made to order furniture is more accessible than ever. Emery Bastable/Society Social 2020 has been a year of collective realization about the importance of our living spaces and interior design. Not only are we all spending more time at home, but most of us are renovating, redesigning, and refreshing our spaces to fit the
Patrick Brown, founder and CEO of Impossible Foods discusses building a business around removing animals from the human food chain during the TechCrunch Disrupt forum in San Francisco, October 2, 2019. Kate Munsch | Reuters Impossible Foods’ next big innovation could be dairy-free milk that looks, acts and tastes just like cow’s milk. The prototype
In this screengrab, Evan Spiegel, CEO of Snap, Inc., takes the stage at the virtual Snap Partner Summit 2020. Getty Images Snap said it’s seeing positive momentum in the ad market, including in the brand advertising segment that struggled in the early days of the the coronavirus pandemic. The company also said that Q3 results were
Check out the companies making headlines after hours Tuesday. Netflix — shares slipped more than 6% after the company missed estimates for the third quarter. The streaming giant earned $1.74 per share compared with the $2.14 expected by analysts polled by Refinitiv. Revenue came in at $6.44 billion, which was ahead of the $6.38 billion
US President Donald Trump and Democratic presidential candidate and former US Vice President Joe Biden are seen during the first presidential debate on a YouTube video displayed on a screen of a smartphone. United States presidential election scheduled on November 3, 2020. Pavlo Conchar | LightRocket | Getty Images Don’t let the bitterness of the
JPMorgan’s Business Complete Banking service Source: JP Morgan JPMorgan Chase is making a play to sell more services to millions of American small business owners, pushing into an area pioneered by fintech firms including Square, PayPal and First Data, CNBC has learned. The bank is rolling out a checking account that is paired with a
getty Women in their 40s and 50s will be faced with a big decision this open enrollment period for benefits and it is one on which they need to take the long view. As employees and their families review their medical plan options, many will have the option of a high-deductible-compatible health care plan. This is a
Topline A report from the New York Times reveals a decade of Donald Trump’s unsuccessful business activities in China, including an undisclosed bank account that paid nearly $200,000 in taxes, undermining his own exaggerated claims of Hunter Biden’s business dealings there, as well as his rhetoric that his Democratic opponent, Joe Biden, is soft on
Prasan Kale is CEO of Rise Buildings, a property technology platform powering connections between people & buildings. getty In the initial installment of this two-part series, we discussed how property owners are missing out on a significant opportunity to improve their NOI through incremental revenue related to the transactions of third-party goods and services in their
Members of the medical personnel move a patient suffering from the coronavirus disease (COVID-19) at the CHR Centre Hospitalier Regional de la Citadelle hospital, in Liege, Belgium October 20, 2020. Yves Herman | Reuters The coronavirus pandemic is accelerating across the globe as U.S. cases climb and at least 10 other countries, half in Europe,
Indian commuters travelling past large billboards in Mumbai for ‘Sacred Games’, Netflix’s first original Indian series. The streaming giant is locked in a battle with Amazon Prime for a slice of India’s fast growing on-demand video market. INDRANIL MUKHERJEE | AFP | Getty Images Netflix subscribers in the Asia-Pacific (APAC) region were the largest contributor
U.S. stock index futures rose slightly in overnight trading on Tuesday after White House Chief of Staff Mark Meadows said that House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have made “good progress” on stimulus talks, before adding that they “still have a ways to go” before an agreement is reached. Futures contracts tied
Spencer Platt | Getty Images News | Getty Images The S&P 500 is up about 5% since the end of July, and that higher market historically would be a sign President Donald Trump will remain in the White House, if stocks hold their gains into the election. But strategists say the so-called stock market indicator
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