admin June 18, 2018

Even at the very top of American business, people hesitate to openly discuss sexual harassment. An April 2018 Boardlist survey revealed 57% of board members said their group still hadn’t discussed sexism at work or the far-reaching impact of the #MeToo movement. Even among those boards that had raised the topic, 78% said their boards […]

admin June 18, 2018

H&R Block is everywhere — and that’s a problem. The company said it plans to close 400 smaller offices after it lowered its sales and profit margin outlook for the rest of the year. H&R Block’s (HRB) stock plunged nearly 20% Wednesday. During a conference call with analysts after the closing bell Tuesday, H&R Block […]

admin June 18, 2018

Before moving to India, John Achillea managed an Ikea store in St. Louis, Missouri, that got 1.6 million visitors a year. That was nothing. Achillea, who started working for Ikea in 1996, is now racing to open the brand’s first location in India. He expects the debut store in Hyderabad to get 7 million visitors […]

admin June 18, 2018

How’s this for déjà vu? Another debt crisis is brewing in Europe. Greece needs European creditors to release cash from a bailout agreed in 2015 so it can make debt repayments, but officials are at loggerheads. Investors are starting to worry, demanding higher returns on Greek debt. Adding to the confusion is a warning from […]

admin June 18, 2018

Jeff Gundlach, the legendary investor who predicted the subprime loan crisis, fears that Washington is spending its way to a “suicide mission.” Gundlach, the so-called king of the bond market, warned on Tuesday that the “federal debt is exploding.” Surging federal deficits are particularly alarming because borrowing costs are climbing, making it more expensive to […]

admin June 18, 2018

Recent regulatory clarity from the U.S. Securities and Exchange Commission had digital currency evangelists claiming victory. The final hurdle, according to them, was being addressed and it was time for the long-awaited crypto adoption to take off. Not so fast says the Bank for International Settlements. While hard-core proponents like the Winklevoss twins say those […]

admin June 18, 2018

Why do financial experts recommend creating an emergency fund before paying off credit card debt?—Brandon You have some credit card debt and you’re up for doing the hard work of paying it off. Then along come financial experts who tell you: Hold on! Emergency fund first! But why wouldn’t you pay off debt as quickly […]

admin June 18, 2018

DIVINING meaning in the Trump administration’s trade announcements is a thankless task. No sooner does a policy seem settled than it is thrown up in the air once more. On May 23rd, days before a scheduled meeting with the European Union and Japan on a joint trade strategy and in the middle of talks to […]

admin June 18, 2018

So AT&T will be allowed to buy Time Warner. What does that mean for you? In the short term, very little. In the long term, potentially a lot. AT&T delivers media content, most of which it doesn’t own, to hundreds of millions of customers — through phones, satellite and cable. Time Warner makes TV shows, […]