Corporate and nonprofit leaders are echoing the anger, pain and frustration expressed by many Americans after the death of George Floyd, the 46-year-old black man who died in police custody in Minneapolis on May 25 after a white officer kneeled on his neck for more than eight minutes. On Monday several black leaders in business
Wealth
In just a few days, bail funds across the country have received tens of millions of dollars in donations after the killing of George Floyd, a black man, while in police custody in Minneapolis. The influx of donations is so large in such a short period of time that some funds, including the Minnesota Freedom Fund and the Brooklyn Bail
As people across the country and the world protest the treatment of black Americans, police brutality and the killing of George Floyd, and as some U.S. cities impose curfews due to incidents of looting and violence, former President Barack Obama has taken to Medium to suggest a next step: Vote. Specifically, Obama said those who care
Erik Von Weber Many people take an economics class at some point during their education. Most, however, didn’t expect to use what they’ve learned in their own lives. But this graduation season is different. Economics is about making decisions under uncertainty. If there has ever been an uncertain time to start adulthood, it’s now. So
lorenzoantonucci Generation Z’s future looked bright just a few months ago. The economy was strong and unemployment was at record lows. It was just February when the unemployment rate was 3.5%, matching the lowest level in more than 50 years. Now, with the coronavirus pandemic upending the economy and sending unemployment skyrocketing to 14.7% in
In just two and a half months, over 40 million people have filed for unemployment in the U.S., a surge in joblessness not seen in the U.S. since the Great Depression. At the same time, it is unclear if the federal government will provide additional stimulus to the record number of people who are currently unemployed
In 2016, after accumulating close to $1 million in savings, I quit my six-figure job in software development and retired at 35. A few months later, my wife Courtney joined me in early retirement. Not everyone will be able to retire in their 30s, but achieving financial independence is within grasp for many. It may
Self-made billionaire and Microsoft co-founder Bill Gates doesn’t recommend many business books. “In my experience, it is rare to find one that really captures what it’s like to build and operate an organization or that has tips you could really put into practice,” he writes on his blog, GatesNotes. But there’s a new business book
Now that the weather is warming up and Covid-19 pandemic stay-at-home orders are lifting across the country, many people are antsy to get out there and travel after a brutal cooped-up spring. And while hitting the road may be a good idea for both the economy and the country’s collective mental health, it’s not risk
On Friday, May 22, I flew from Los Angeles, where I currently live, back home to Charlotte, North Carolina, to be closer to family right now. Planes have been flying emptier the past few months: U.S. air travel demand is down about 90% from a year ago and 73% of U.S. flights are less than
Like Apple‘s, Google‘s and Amazon‘s founders before him, in 2013 Chieh Huang launched bulk grocery and household goods e-commerce company Boxed out of a garage — his parents’ two-car garage in New Jersey, to be exact. In 2018, Huang sold a minority stake in Boxed to Japan’s Aeon Group, in a deal that valued the company at $600
Like millions of people around the world, tidying expert and bestselling author Marie Kondo has spent the last few months working from home. To help her stay as productive and organized as possible, the wife and mom of two says she sticks to a strict routine to ensure that her work life doesn’t overlap with
The coronavirus pandemic has impacted millions of Americans financially, with 2.1 million workers claiming unemployment benefits for the week ending May 23. In total, nearly 41 million people have filed for unemployment benefits since early March. While the effects of these job losses have impacted everyone, data from the Bureau of Labor Statistics shows that women are
The former Calabasas, California home of Kylie Jenner is on the market for $3.6 million. The house is located in the exclusive Oaks neighborhood, where her mother, Kris Jenner, and sisters, Khloe and Kourtney Kardashian, also owned properties. In 2015, when she was 17, Jenner bought the house for $2.6 million. She sold it two years later
Don’t throw away that debit card that just arrived in the mail — it could be your coronavirus stimulus payment. Instead of a paper check, the Treasury Department is sending economic impact payments in the form of prepaid debit cards to around 4 million people in order to expedite the arrival of the stimulus payments to some
Airlines tend to see a spike in passengers starting Memorial Day weekend — even during a pandemic, it turns out: 348,673 people passed through security checkpoints at U.S. airports on Friday, March 22, more than three times the amount from a month ago, according to the Transportation Security Administration. Still, the number of travelers was
Everyone has their own way of relieving pandemic stress – Bethenny Frankel, for example organizes her home, while Kevin O’Leary takes long bike rides. For billionaire Bill Gates, reading and watching TV and movies helps “stem the tide” of anxiety amid the Covid-19 pandemic, he said in a blog post on May 18. “I’m often asked about what I am reading
Over 40 million Americans have filed for unemployment benefits since mid-March, according to the U.S. Labor Department, when large swaths of the country began shutting down due to the coronavirus pandemic. Right now, many are able to take advantage of an additional $600 a week in unemployment benefits provided by the federal government on top of
When you’re sheltering in place, meal and snack times tend to be a bit of blur. There’s always time and opportunity nosh on something throughout the day— and the fridge and pantry is only a few steps away. “We have lost track of time in many respects. Sometimes, I go into the kitchen and look for
Tidying expert and bestselling author Marie Kondo is known for helping millions of people to transform and organize their homes. Through her company, KonMari Media, Inc., Kondo has provided clients around the world with the products, services and content needed to de-clutter their living space in order to “spark joy” in their life. Now, the