The U.S. economic recovery is weakening, the Federal Reserve warned at the conclusion of its meeting Tuesday, its most bearish outlook in more than a year.
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A weak labor market isn’t keeping everyone from saving for retirement. During the first half of the year, retirement plan provider Fidelity added $22 billion in new assets to its defined contribution plan – the largest sum of any six-month period during the last five years – even as the unemployment rate stayed firmly above 9%.
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Up to six people will have five minutes each to sell their business idea to a mixed panel of venture capitalists, academic instructors and successful entrepreneurs at the NBMBAA 32nd Annual Conference & Exposition Sept. 21-25 in Los Angeles. The catch? You use only a whiteboard and marker. But your genius idea can win you $10,000! Deadline to sign-up is tomorrow, Friday, August 13 – so don't delay!
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Quitting a high-powered job at a time when the unemployment rate hangs at 9.5% sounds crazy. Yet some C-level executives are leaving these days before they line up another plum management spot. Most resign specifically so they'll have time to job hunt.
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It's a tough job market out there: people are staying put in jobs they don't like, or are stuck in the unemployment line. If you're one of these highly skilled, educated employees that can't get a solid footing in their field, have you ever thought of consulting?
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Worker productivity dropped this spring for the first time in more than a year, a sign that companies may need to step up hiring if they hope to grow.
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While the U.S. and India squabble over H-1B and L-1 work visas for employees of Indian outsourcing companies, there’s a debate about foreign workers going on in China, too. Wait - China? The country with the world’s largest population and a bottomless pool of cheap labor?
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Even before the disaster, unemployment was estimated at 70% or higher. Reconstruction will help many, but projects are years away.
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It seems like almost everyone I graduated with is quitting the workforce to attend graduate school, or they're at least contemplating the decision. I must admit, I’ve thought about attending grad school as well but the hefty price tag has me seeing red (as in "in the red" aka broke).
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The résumé may seem simple, but it's an application minefield. Handled carelessly it can dash any hope of landing a top B-school spot.
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Team up with State Farm® and MLB® to support NBMBAA and you could win a trip for 2 to the 2010 MLB® World Series® ! Visit the site, choose the National Black MBA Association as your charity, play the Go To Bat game online and swing for the fences. The more home runs you hit, the more entries you’ll get in the weekly drawing.
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Dell’s Android-powered Streak with its 5-inch display is being billed as a tablet. But when it comes to pricing the device, it’s being sold like a phone.
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What is it about the way black people use Twitter that makes their conversations so popular? Then there's the apparent segregation in some tags. While you begin to see some nonblack faces after a trending topic hits Twitter's home page, the early participants in these tags are almost all black. Does this suggest a break between blacks and nonblacks on Twitter — that real-life segregation is being mirrored online?
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Deep Nishar spends his days poring over the terabytes of data amassed from the 75 million members of LinkedIn, the networking site. (One terabyte holds the text of a million books.) These days he is building "data maps" that help people identify the connections they have now and learn what they need to do to be in that ideal job--or on the right path to it.
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Financing a business is always a challenge. Here we've compiled 10 techniques, from the tried-and-true to the experimental.
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Eight percent ain't great, but it's better than nothing. That's how much of the total pool of venture capital cash female founders raised during the first half of 2010, according to a study by CB Insights. And while the bigger numbers on the male side of the equation have dominated the coverage of the study, women's numbers are up from 4.6% reported in 2000.
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One of the distinctive features of the Great Recession has been the enormous number of people who have been out of work for months on end. Almost 45 percent of today’s unemployed workers have been without a job for at least 27 weeks. In no other downturn since World War II did the share exceed 26 percent.
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The number of U.S. homes lost to foreclosure surged in July, another sign lenders are moving quicker to take back properties from homeowners behind in payments.
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It’s been a long, frustrating summer for employment-starved teens. And most unemployed adolescents will struggle to find work at least until the holiday season, the latest data suggests.
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President Barack Obama’s plan to let Bush-era tax cuts for the highest-income Americans expire would have limited effect on 76 percent of those taxpayers, a study says.
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Another round of rules meant to benefit credit-card holders went into effect in August. The final chapter of the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009 gives consumers a break on fees and penalties.
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Desiree Rogers, the former White House social secretary who resigned in February after a Virginia couple crashed a state dinner, has been named chief executive officer of the world’s largest black-owned publishing company.
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General Motors Co. reported a second consecutive quarterly profit Thursday and announced Ed Whitacre Jr. will step down as CEO Sept. 1, culminating nine months behind the wheel of the Detroit auto maker.
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If you've spent any time in the air recently, you've probably noticed that planes are more consistently full, and that your choice of flights has been more limited than in the past, as a result of airline capacity cuts.
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The Obama administration is providing $3 billion to unemployed homeowners facing foreclosure in the nation's toughest job markets.
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The Senate briefly suspended its monthlong summer recess to give final approval to a $600 million border security bill Thursday, fulfilling President Barack Obama’s request for reinforcements on the Southwest border.
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Debate over the financial regulatory reform bill — recently signed into law by President Obama — misses the most important points: What causes market bubbles, and how can we prevent them?
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There's been lots of commentary about the strange case of Mark Hurd, the newly former CEO of Hewlett-Packard, first accused of sexual harassment, then of fiddling with his expense reports. Can we learn anything from his ouster? By all means — in fact, I am tempted to write a teaching case, because Hurd's fall serves up at least three important lessons about power in organizations.
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