Black MBA NetWire

Watching and reading about President Donald Trump's back-and-forth threats against China may start to seem tedious after awhile, but there are real-life ramifications for American consumers – which could affect savings and spending power. (The Washington Post)

FedEx will allow its ground-shipping contract with Amazon to expire at the end of August, severing another relationship with the e-commerce giant as it works toward building its own parcel delivery network. (CNN)

Being a homeowner comes with many rewards, but you can’t be blind to the costs. You need to have cash stashed away for insurance, maintenance, taxes, repairs, and other miscellaneous items. If you don’t live up to your obligations as a homeowner, you could lose your home! (Black Enterprise)

There is a lot written these days about happiness at work, but based on Gallup statistics that show 85% of employees aren’t engaged, very few of us know how to attain it. Given that the average person spends 90,000 hours at work in a lifetime, it’s important to figure out how to feel better about the time you spend earning a living. But here's the thing: If you set happiness as your primary goal, you can end up feeling the opposite. This is because happiness (like all emotions) is a fleeting state, not a permanent one. An alternative solution is to make meaning your vocational goal. (Harvard Business Review)

We are approaching a threshold in terms of basic demand and supply of work, and with the rapid advancement of technology, it's time to start thinking along the lines of dual/multi careers instead of relying on one single source of income. Here are some pro-tips to help you work well from home. (Business.com)

China signaled on Thursday that it might continue to weaken its currency, a move that threatens to again escalate the trade war with the United States. (The New York Times)

MBA hopefuls who aspire to become a CEO someday should know that an MBA degree is not a requirement for the executive role. Among the top 100 CEOs in the Fortune 500, only about a third of these CEOs have an MBA on their resume. Of those who earned MBA degrees, many are not from top-tiered programs. Check out this map to discover which MBA programs educated the 100 most powerful CEOs in the United States. (U.S. News & World Report)

 

Amazon and Google annnounced they had removed listings of firearms-related products, days after a pair of deadly mass shootings that killed more than 30 people. The companies acknowledged Tuesday that their shopping platforms had recently hosted offers for firearms-related products in violation of their own company policies. (CNN)

President Donald Trump isn't happy with the Federal Reserve's decision to keep interest rates high, saying it makes it difficult for the "great manufacturers" in the U.S. to compete on a level playig field. Those comments come as economists fear a currency war will be sparked by China's decision to let the yuan fall to its lowest level in 11 years. (BBC)

Do you consider yourself among the growing number of Americans who are becoming anti-gun? Then it will most likely surprise you that you might be supporting the gun industry without knowing it. Some of the world's biggest funds and ETFs, run by companies such as Vanguard, BlackRock, and others are among the largest shareholders of publicly traded gun stocks. (Fortune)

In reality, the average Costco warehouse holds significantly fewer individual products than an average supermaker, offers limited clothing items ($7 billion annually in apparel sales), and will only stock products their buyers decide upon. Yet, it's one of the world's largest retailers. So how has it managed to become one of the world's largest retailers - even competing with Amazon? Here's how. (Inc.)