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News
Billionaire Mike Bloomberg was fired after dedicating 15 years of his career to Salomon Brothers???the next morning, he founded his media empire
1+ day, 20+ min ago (491+ words) Being involuntarily ousted from a job—whether that be from a layoff or firing—is a universal, career-altering experience that very few professionals are lucky enough to never go through. Many of the greats have gotten the boot: Steve Jobs…...
We organized the National Civics Bee??? it's where to start if you want better workers
1+ day, 2+ hour ago (281+ words) Students are heading back to school in the 250th year since our nation’s founding. Unfortunately, many of them may not be aware of what the nation’s founding entailed, as only 22% of eighth-graders in this country are proficient in civics according to…...
Gloria Steinem opened the door. Now women need a seat at the table.
1+ day, 2+ hour ago (961+ words) Jennifer Openshaw is the Founder & CEO of Girls With Impact, a national nonprofit preparing the next generation of women to succeed and lead in the workplace. www.girlswithimpact.org When David Grinberg’s 22-year-old daughter, Ily, started her career in wealth…...
America's dumbest war (no, not this one)
1+ day, 6+ hour ago (1423+ words) Scott S. Greenberger is executive editor of Stateline and the author of The Forsaken Founder: Gouverneur Morris, The Unsung Patriot Who Wrote the Constitution, Stood Up to Slavery and Survived the Reign of Terror. A Republican president, one who muses about…...
The rich are learning how to look less rich on their children???s college applications
1+ day, 4+ hour ago (346+ words) Read that description and one can’t help but ask: Who, exactly, is this for? The problem wasn’t that these students were wealthy. Admissions officers knew that. The problem was that their boastful applications that flaunted privilege made it look as…...
Amazon workers on food stamps have tripled despite its record revenue???and it???s just the latest evidence of the new economy of shrinking labor shares
1+ day, 6+ hour ago (600+ words) The U.S. workforce has just made the type of history it likely wishes it didn’t. Working Americans are taking home the smallest percentage of economic output, 52.8%, since the Bureau of Labor Statistics began tracking the metric in 1947. But as the share…...
Mortgage lending standards are so tight that homebuyers must have 'pristine' credit histories
1+ day, 14+ hour ago (452+ words) The housing market has been frozen since the COVID-era boom ended, with higher borrowing costs, limited supply, and elevated home prices mostly taking the blame. But stricter lending rules put in place after the housing crash that sparked the Great…...
Inflation won???t die. Now the bond market is daring the Fed to do something about it
3+ day, 20+ hour ago (294+ words) A hot war, a trade war, a bad harvest, a snarl in shipping. Supply shocks have come so often over the past six years, KPMG chief economist Diane Swonk told Fortune, that they’ve started to sound like a drumbeat. “With…...
191-year-old Ohio newspaper says it will shut down by year's end without a buyer
4+ day, 41+ min ago (368+ words) The owners of The Blade are looking to sell the Toledo newspaper and said Tuesday that if they’re unsuccessful, both the print and digital versions of the paper will stop publishing at the end of the year. Block Communications similarly…...
My ethical will was supposed to be a simple insurance policy??? then we lost our daughter
4+ day, 2+ hour ago (230+ words) Eric Becker is the Founder and Co-Chairman of Cresset, a multi-family office with over $260B assets under management and advisement. He shares his extensive experience to advise founders, entrepreneurs, private equity partners, and ultra-high net worth families in addition to serving…...