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Where do you keep your money? If you’re like 29% of Americans, it’s hidden in an old shoe box, buried under the towels in your linen closet, or tucked away in your sock drawer. An alarming number of people, including 41% of millennials, are keeping their savings at home, a 2015 American Express survey found, and more than half of savers have their cash squirreled it away in a "secret" location. (CheatsSheet)
Visit https://www.cheatsheet.com/money-career/places-not-safe-put-money.html/?a=viewall to view the full article online. |
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Mega Millions and Powerball both have jackpots of more than $350 million, and a lot of folks are snapping up tickets for both games. Because if you're going to dream of winning a lottery fortune, why not dream of winning two? (CNN)
Visit http://money.cnn.com/2017/08/09/news/economy/mega-millions-powerball-odds/index.html?iid=SF_LN to view the full article online. |
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It's a dilemma many business owners face at one point or another during their career: How does one estimate the economic worth of their business? You might have been in business for 20 years without ever having to do it. You may only have been up and running for six weeks. At some point, you'll likely find a need to place a cash value on your company. Yet, it's unlikely you are a financial expert, so how do you find out what your business is worth? (Business.com)
Visit https://www.business.com/articles/four-simple-steps-to-valuing-your-small-business/ to view the full article online. |
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There is no constitutional right to free speech in the workplace. "As a general rule, the First Amendment doesn't apply to the private workplace," said Daniel Schwartz, employment law partner at Shipman & Goodwin. Instead, the First Amendment prevents government, but not companies or individuals, from limiting free speech. (CNN Tech)
Visit http://money.cnn.com/2017/08/08/technology/google-workplace-free-speech/ to view the full article online. |
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The idea of boomerang employees — workers who voluntarily leave a job at an organization and then rejoin that same organization at a later date — is gaining more and more acceptance from hiring managers and in the labor force. If you’re one of these employees, how should you handle your comeback? What’s the best way to get back into the fold? Do you try to pick up where you left off? And what do you say to people about why you quit in the first place and why you’re back? (Harvard Business Review)
Visit https://hbr.org/2017/08/what-to-do-when-youre-returning-to-a-company-you-used-to-work-for to view the full article online. |
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The Thurgood Marshall College Fund (TMCF), has designed a solution for employers seeking highly-talented diverse college graduates. We work with our corporate partners to identify, develop and deploy diverse talent, tapping into pools of talent found on the campuses of our 47 publicly-supported Historically Black College and Universities (HBCUs). Through this process, TMCF builds targeted, sustainable and diverse talent pipelines from HBCUs into corporate America and other major employers. (Black Press USA)
Visit http://www.blackpressusa.com/thurgood-marshall-college-fund-deepens-corporate-diversity-recruitment/ to view the full article online. |
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People, including me, who hold diversity and inclusion close to their hearts cringe when new research is published about the under-representation of women and ethnic minorities within the tech industry. Several recent studies, including one from the Kapor Center for Social Impact and Harris Poll, have found that sexual harassment, bullying and racist stereotyping are common in the technology industry, contributing to so-called "tech leavers." (Entrepreneur)
Visit https://www.entrepreneur.com/article/295510 to view the full article online. |
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As Togo hosts the African Growth and Opportunity Act (AGOA) Forum this week to foster improved economic relations between the United States and Africa, the country will also showcase what American ingenuity and business can achieve in the developing world. Smaller than the state of West Virginia, Togo is also the site of a major 100 megawatt gas-fired power plant that was built by an American company and has served to triple access to electricity in this once isolated country. (AllAfrica.com)
Visit http://allafrica.com/stories/201708070811.html to view the full article online. |
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A collaborative partnership signed last week will assist students from Kentucky Wesleyan College achieve a graduate degree in accounting, applied economics, or earn an MBA from the Gordon Ford College of Business at Western Kentucky University. (SurfKY News)
Visit https://surfky.com/index.php/daviess/daviess-county-news/121882-kwc-wku-partnering-on-mba-program to view the full article online. |
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For some professional couples, there comes a time when both partners realize that pursuing an MBA degree is the key to exploring new career paths and accessing an array of high-quality professional opportunities. However, the MBA admissions process is challenging enough for one person, and couples face additional considerations as they figure out their priorities and application strategy. (U.S. News & World Report)
Visit https://www.usnews.com/education/blogs/mba-admissions-strictly-business/articles/2017-08-04/tips-for-applying-to-business-school-as-a-couple to view the full article online. |
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Students are demanding more flexibility and a wider variety of options than ever before in MBA programs, as well as in online education. The Penn State Smeal College of Business is a founding member of a group that is collaborating to find solutions to those challenges. (Penn State)
Visit http://news.psu.edu/story/476757/2017/08/04/academics/penn-state-smeal-hosts-cameron-co-leads-new-online-mba-consortium to view the full article online. |
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The 2017 Annual Conference and Exposition, presented by NBMBAA and Prospanica is coming up quickly. Now is the time to register to secure your sessions and housing. Visit our Conference page to learn about this year’s events, speakers and exhibitors. Register Now.
Visit https://nbmbaa.org/conference/ to view the full article online. |
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Halfway through the year, the allegations of women undermined and harmed by a male-driven tech culture feel too familiar. Silicon Valley is confronting, painfully and in public, what many women have said in private for years: The tech industry is rife with accusations that women are marginalized or harassed. (CNN Tech)
Visit http://money.cnn.com/2017/08/09/technology/culture/silicon-valley-sexism/index.html?iid=SF_LN to view the full article online. |
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As sisters Jenae and Jasmine Harris watched their subscription boxes full of disappointing, unused and expensive cosmetics pile up, they realized something: All the mainstream beauty box services they'd been ordering were aimed at white women, not African Americans like themselves, or other women of color. (CNBC)
Visit https://www.cnbc.com/2017/08/07/huesbox-founders-made-20000-their-first-year-selling-beauty-products.html to view the full article online. |
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Super Heroic, a company that creates children’s play and sports clothing as well as other products, and was launched by a former designer for Brand Jordan shoes, just raised $7 million in funding. Jayson Mayden is a co-founder of Super Heroic. Growing up on the South Side of Chicago, his dream was to work for Nike designing shoes for Michael Jordan. Surviving in a neighborhood inundated with violence is an understatement, but Mayden far surpassed that. He became the first African American to get a design internship with Nike and went on to design shoes for Eminem, Carmelo Anthony, Chris Paul, and Jordan himself, not to mention creating the redesign for the "Monarch," the highest-grossing shoe in Nike’s history. He eventually held the title as Senior Design Global Director for Brand Jordan. (Black Enterprise)
Visit http://www.blackenterprise.com/small-business/former-sr-global-design-director-for-brand-jordan-rebrands-super-heroes/ to view the full article online. |
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Vegetable prices may be going up soon, as a shortage of migrant workers is resulting in lost crops in California.
Farmers say they're having trouble hiring enough people to work during harvest season, causing some crops to rot before they can be picked. Already, the situation has triggered losses of more than $13 million in two California counties alone, according to NBC News. (Fortune) Visit http://fortune.com/2017/08/08/immigration-worker-shortage-rotting-crops/ to view the full article online. |
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The number of residential houses available to buy is at a 20-year low as the appeal of McMansions wanes and a growing reluctance by Baby Boomers to trade up or down from their current homes, according to a report by Realtor.com. More than half of its survey respondents, or 59%, said they are not planning to sell their houses in the next year. (USA TODAY)
Visit https://www.usatoday.com/story/money/2017/08/10/sale-home-inventory-20-year-low-baby-boomers-stay-put/555127001/ to view the full article online. |
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Often when life insurance is mentioned in the African American community, blacks shut down, turn away, or even get scared. The dim view exists largely because many blacks don’t realize that life insurance can be used to achieve so much more financially than just taking care of a loved one’s burial expenses. (Black Enterprise)
Visit http://www.blackenterprise.com/money/multiple-ways-life-insurance-can-build-wealth-for-blacks-and-community/ to view the full article online. |
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Joe Joyce, of Whitefish Bay, Wisc., used to stash a few hundred dollars in the bank each month, meticulously shoring up his family’s emergency savings fund. But for the past 18 months or so, with his paycheck stagnant and his expenses rising, he’s been drawing a few hundred dollars monthly from the account, slowly depleting it. He recently dropped his cable service and health club membership and soon, he says, he’ll have to start cutting back on indulgences like eating out once a week. (USA TODAY)
Visit https://www.usatoday.com/story/money/2017/08/09/americans-saving-less-income-lags-spending/549177001/ to view the full article online. |
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A new ad from Procter & Gamble shows an African-American mother and daughter sitting in the front seat of a parked car. "Now, when you get pulled over —" the mother begins. Her daughter interjects, saying she’s a good driver. "Baby, this is not about you getting a ticket," the mother replies. "This is about you not coming home." Called "The Talk,"the ad, which shows a series of similarly emotional conversations, is part of P&G’s "My Black is Beautiful" campaign, the latest in a string of ads the company describes as "socially conscious." (Marketplace)
Visit https://www.marketplace.org/2017/08/08/business/companies-use-ads-pitch-issues-over-products to view the full article online. |
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Insurers are making final decisions about their Obamacare rates for next year. So far, it looks as if many of them will be building in an uncertainty tax. The Kaiser Family Foundation has compiled proposed insurance prices for coverage in 21 large American cities next year. The rates remain subject to change as insurers and regulators continue to negotiate. But the Kaiser researchers have done similar analyses over the last few years and found the proposed rates to be roughly predictive of the national trend. (The New York Times)
Visit https://www.nytimes.com/2017/08/10/upshot/obamacare-premiums-are-set-to-rise-thank-policy-uncertainty.html?rref=collection%2Fsectioncollection%2Fpolitics&action=click&contentCollection=politics®ion=stream&module=stream_unit&version=latest&contentPlacem to view the full article online. |
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Today, more and more employees demand much more than a good salary from their jobs. Money may lure people into jobs, but purpose, meaning, and the prospect of interesting and valuable work determines both their tenure and how hard they will work while they are on the job. Finding meaning at work has become so important that there are even public rankings for the most meaningful jobs. Although there are many factors determining how appealing jobs tend to be, those that contribute to improving other people’s lives are ranked top (e.g., health care and social work). Interestingly, meta-analytic studies indicated that there is only a marginal association between pay and job satisfaction. A lawyer who earns $150,000 a year is no more engaged than a freelance designer who earns $35,000 a year. (Harvard Business Review)
Visit https://hbr.org/2017/08/how-to-make-work-more-meaningful-for-your-team to view the full article online. |
