By Gwen McKinney, Next Avenue One day I looked in the mirror unnerved by the image peering back at me. Who is this older woman and where’s the me I know? This existential question is shaped by coming of age in an era when women were seen and heard. Today, sadly, we are virtually erased by the larger
Month: October 2021
Today’s employment report for September was surprisingly weak in terms of job growth—only 194,000 new jobs. Analysts blame the spread of the Covid-19 Delta variant for the slowdown, and it shows the economy isn’t out of the woods yet. The news should encourage Congress (really just Democrats) to pass a large economic stimulus bill. Job growth wasn’t expected to
As Manhattan real estate enters the fall busy season, it bears asking: What does the market look like today, and where is it headed? After recovery from the pandemic lows last year, the market appears poised for further gains. There are four primary points that we can look at that suggest Manhattan may be at
A Now Hiring sign at a Dunkin’ restaurant on September 21, 2021 in Hallandale, Florida. Joe Raedle | Getty Images The restaurant industry’s unemployment rate fell to 7.5% in September but remains well above pre-pandemic levels, providing another worrying sign that the labor crunch isn’t going to disappear anytime soon. Food services and drinking places
A South Korean flag, left, and Samsung Electronics flag fly outside the company’s headquarters in Seoul, South Korea, on July 5, 2019. Jean Chung | Bloomberg | Getty Images Samsung Electronics shares edged higher on Friday after the company said its operating profit for the quarter that ended in September was likely 28% higher than
In this article TSLA ALLO QDEL A OTLY MNTV Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla announced it would move its corporate headquarters to Texas from California, with CEO Elon Musk noting the high cost of living and operating in California. Musk did say the company plans to increase
It’s one thing to come up with a $1 billion business idea. It’s quite another to come up with a string of them. But for entrepreneur Aaron Tan, it was fundamental. If he was going to start a business, it had to have room to grow. That’s a strategy instilled in him in his early
SpaceX’s Starship rocket production facility in Boca Chica, Texas, as CEO Elon Musk (third from the right) and President Gwynne Shotwell (third from the left) tour. Steve Jurvetson on flickr The valuation of Elon Musk’s SpaceX crossed $100 billion following a share sale by existing investors announced this week, CNBC has learned. SpaceX has an
Drazen Zigic | iStock | Getty Images For financial advisors, the focus is often on growing their business, not passing it on to new owners. However, succession planning should be a key consideration in running a financial advisory firm, experts say. Yet research shows that most firms don’t have a plan in place — which
Damir Khabirov | iStock | Getty Images The expansion of the child tax credit is aimed at lifting millions of American families out of poverty. Yet an omission in its legislative language may leave behind a group that would most benefit from it: struggling student loan borrowers. The American Rescue Plan, the $1.9 trillion stimulus
By Kerry Hannon, Next Avenue Every once in awhile, while covering the older workers and personal finance beats, I run across a research report that stops me cold. “Hidden Workers: Untapped Talent” fits that bill, revealing the cruel underbelly of hiring. I’d even call it explosive. The findings of the 74-page “Hidden Workers: Untapped Talent” come
The economy created jobs at a much slower than expected pace in September, with payrolls rising by just 194,000 in the month compared to the Dow Jones estimate of 500,000, the Labor Department reported Friday. Looking at the most recent numbers by state, it’s clear that some places are lagging far more behind than others.
Looking at the exterior of this chateau in France’s Dordogne River Valley, it’s hard to guess what lies within. The stately, rectangular-shaped house spans matching witches’ hat turrets on either end. The symmetrical stone façade is broken up by three levels of windows – the bottom rung are arch-topped, the others are shuttered. A dark
In this article BJ COST WMT Walmart-owned Sam’s Club anticipates that members will step up holiday decorations as they throw more gatherings for family and friends. Melissa Repko From larger turkeys and taller Christmas trees to more toy brands, Walmart-owned Sam’s Club is betting consumers will go big this year with holiday celebrations. The membership-only
Senator-elect Cynthia Lummis, a Republican from Wyoming, stands for a photo at the U.S. Capitol in Washington, D.C., November 9, 2020. Stefani Reynolds | Pool | Reuters Senator Cynthia Lummis, R-Wyo., just disclosed a sizable bitcoin purchase as the crypto supporter continued to grow her stake in the volatile asset. The Republican senator scooped up the
People wear masks while walking along a street on October 3, 2021 in Wuhan, Hubei province, where a yellow high temperature warning was issued as the maximum temperature reached 98.6 Fahrenheit. Getty Images | Getty Images News | Getty Images BEIJING — Chinese consumers opened their wallets to shop during the week-long National Day holiday
AsiaVision | E+ | Getty Images A third of working Americans saw their health-care costs rise this year, according to a survey published Thursday by the Employee Benefit Research Institute. Those expenses led some employees to decrease retirement plan contributions, delay going to the doctor, increase credit card debt or use up all or most
Many states recently enacted “SALT cap workaround” legislation enabling pass-through entities (PTE) to deduct entity-level SALT payments as a business expense in place of non-deductible itemized deductions over the “SALT cap” of $10,000 per individual tax return. Currently, 20 states have enacted this legislation, and others are considering it. The SALT cap workaround is not
The Vail real estate market is on pace to set even more records this year, with sales volume more than doubling from even the ultra-hot 2020. After approaching $600 million last year in sales volume (based on more than 460 transactions), Vail recorded more than $1.4 billion in sales across 972 transactions by Q2 2021,
US President Joe Biden speaks to reporters on the South Lawn upon return to the White House in Washington, DC on October 5, 2021. Mandel Ngan | AFP | Getty Images More than 20 federal agencies on Thursday unveiled climate change adaptation plans that reveal the biggest threats global warming poses to their operations and facilities
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