Top News
Just because you're staying at home watching a little one doesn't mean that you can't make some full-time cash. Being a stay-at-home parent can actually be a fantastic way to earn a living, especially if you can find the right business idea. (Entrepreneur)
Visit https://www.entrepreneur.com/slideshow/299781 to view the full article online.
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Diversity in the Workplace
International
The BBC is reporting that the future of the UK's fuel refineries could be threatened by a no-deal Brexit. The information is based on an internal local authority document seen by the BBC. Under current government plans for no deal, they face a "danger to viability" from cheaper imports, while exports to the EU are set to be hit with tariffs. Concern is widespread in an industry deemed crucial for both economic and national security. (BBC)
Visit https://www.bbc.com/news/business-49405270 to view the full article online.
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There’s no question that China is on the rise. In 2018, Fortune’s Global 500 ranking included 111 firms headquartered in that country – just a handful fewer than the United States’ 126. In 1995, only three Chinese firms made the list; in 2018, three were in the top 10. That has led to some observers predicting that China will soon overtake the U.S. as the home to the highest number of Fortune 500 firms. (Harvard Business Review)
Visit https://hbr.org/2019/09/can-china-avoid-a-growth-crisis?ab=hero-main-text to view the full article online.
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Education
Many online graduate programs from the nation’s top universities promise an experience that’s hardly any different from studying on campus. It includes live seminars taught by tenured professors, close collaboration with classmates and degrees identical to those granted by traditional programs. But even the best online programs differ drastically from their in-person counterparts: the intensity of the recruitment. (The Atlantic)
Visit https://www.theatlantic.com/education/archive/2019/08/online-graduate-programs-recruitment/596077/ to view the full article online.
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Technology
Facebook is making an effort to be more transparent in showing what data it collects on users, but you may not like what you see. A feature in settings called Off-Facebook Activity will show all the apps and websites that send information about you to Facebook, which is then used to target ads more effectively. You will also be able to clear your history and prevent your future off-app behavior from being tapped. But one expert said the move was unlikely to have a big impact on the firm's profits. (BBC)
Visit https://www.bbc.com/news/technology-49410371 to view the full article online.
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Entrepreneurship
The late South African economist Ludwig Lachmann once wrote, “The future is unknowable, though not unimaginable.” What he meant is, it's beyond our ability to know what the future will bring. We cannot plan without errors because we do not actually know anything about the future before it's already reality.
Visit https://www.entrepreneur.com/article/338279 to view the full article online.
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Back in their middle school days, Caroline and Isabel Bercaw were obsessed with bath bombs – the powdery, fist-size balls that, when dropped in a tub, release fragrance, color and fizz. And because the Bercaw sisters were student athletes, they’d spend a lot of time soaking after practice to soothe their sore muscles. Which meant even more time with bath bombs. Eventually it has led to a thriving business. (Entrepreneur)
Visit https://www.entrepreneur.com/article/337846 to view the full article online.
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The Economy
President Donald Trump and his advisers insist their trade war with China won't hurt American consumers. But analysts say otherwise. The tariffs Trump has already imposed on China are estimated to cost the average American household $600 per year, according to a report by JPMorgan Chase. That will rise to $1,000 if Trump carries through on his plan to levy tariffs on another $300 billion of U.S. imports from China. (CNN)
Visit https://www.cnn.com/2019/08/20/business/tariffs-cost-trade-war-consumers/index.html to view the full article online.
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Personal Finance
The unemployment rate is near historic lows, but that does nothing for the retirement savings of the 1.23 million Americans who’ve been out of work for more than six months.As a result, many of these unemployed have dipped into savings and piled up credit-card debt to cover expenses in the absence of a paycheck.This combination of reduced savings and increased debt can derail the plans of those close to retirement or depress younger workers’ long-term returns and ability to retire.How, then, can one make up for lost time in saving for retirement upon returning to the workforce? (Barrons)
Visit https://www.barrons.com/articles/retirement-reboot-how-to-play-catchup-after-being-out-of-work-51566129603 to view the full article online.
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If you’re hoping to snag the best-available terms on a loan, a standard rule of thumb about credit-card usage could end up standing in your way. The common advice is to keep revolving debt below 30 percent of your available credit so that your utilization rate doesn’t hurt your credit score. Yet experts say your FICO score – which most lenders use in their decision-making – starts taking a hit well below that threshold. (CNBC)
Visit https://www.cnbc.com/2019/08/20/why-that-30percent-rule-of-thumb-about-credit-card-use-could-be-costing-you.html to view the full article online.
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Professional Development
What would be your perfect job? Although there are well-defined parameters around what people actually want from work, our career-related choices are not always consistent with those parameters — even when we are consciously aware of them. (HBR)
Visit https://hbr.org/2019/08/why-are-we-so-bad-at-choosing-the-right-job to view the full article online.
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Corporate America
According to the U.S. Department of Labor, since March 2018, U.S. monthly job vacancies have outnumbered unemployed jobseekers. As the baby boomers reach retirement, it seems there are not enough millennials in the jobs pipeline ready to step in. So, one answer for companies struggling to find staff is to ask workers to put off retirement. And many of them are doing just that. (BBC)
Visit https://www.bbc.com/news/business-49075955 to view the full article online.
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Leadership
Change is hard. Ask anyone who has tried to switch careers, develop a new skill, improve a relationship or break a bad habit. And yet for most people, change will at some point be necessary—a critical step toward fulfilling their potential and achieving their goals, both at work and at home. They will need support with this process. They’ll need a coach. That’s where you come in. (HBR)
Visit https://hbr.org/2019/09/coaching-for-change?ab=hero-subleft-3 to view the full article online.
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