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Business News

Location American Business News for 20 August 2017
MAPPED: The states that are still reeling from the Great Recession The U.S. economy has finally regained its pre-recession levels of employment and Gross Domestic Product(GDP). What does that mean? More people are getting hired, and they’re spending their paychecks. That’s all good,...
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Warren Buffett dropped GE and signaled the end of an era (BRK.A, GE) Drew Angerer/Getty Images Warren Buffett cashed out of his $315 million position in General Electric, signaling the end of an era and an uncertain future for the $217 billion conglomerate. The company has underperformed ...
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Why Is Westeros Still Poor?

Forbes - 20 Aug 2017 19:25
Why Is Westeros Still Poor? On Game of Thrones, the world of Westeros is stuck in Medieval times. Economic history can give us some clues about what the fictional kingdom is missing and why it is still so poor.
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Inside the daily routine of billionaire Bill Gates, who loves cheeseburgers, tours missile silos, and washes the dishes every night Scott Olson/Getty Images What does the richest man in the world get up to all day? Bill Gates is worth $85.2 billion, making him the wealthiest person on planet Earth, according to Forbes. Since stepping down from the he...
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Goldman Sachs has ascended to the top of a different kind of ranking -- and it's poised for a big payoff (GS) Wall Street banks care a lot about howthey stack up against their rivals.At the top of their earnings statements, they tout where they placed in each line of business, and those rankings appearin every pitch book they ha...
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(Reuters) - Warren Buffett takes pride in naming his price to buy a company, and not paying a nickel more. But the largest U.S. natural gas distribution utility, an unyielding hedge fund, and a Delaware bankruptcy judge ...
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Treasure worth $50K found in Arkansas

Miami Herald - 20 Aug 2017 07:01
A family of four from Kilgore, Texas, is $50,000 richer after finding a treasure hidden in Hot Springs by a Minneapolis author and publisher by following clues from his novel …
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Over 44 million people are affected by student loan debt Now is the time to load up your car for the hours-long drive to take your child to college -- with little thought given to the loans taken out back in the spring to put them in class. Nationwide, student loan debt affect...
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The tech pioneer who helped found CNET is aiming to build a new digital media voice empire Pylon ai Shelby Bonnie helped found CNET in the 1990s. Now he wants to build an artificial intelligence platform for a voice-controlled digital home of the future. Pylon ai aspires to be the connective tissue for media c...
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Trump's approval rating drops below 40% in key states that helped him win the election REUTERS/Kevin Lamarque President Donald Trump's support has dropped below 40% in several key states that helped him win the 2016 election. An NBC News/Marist poll released on Sunday showed that 36% of voters in Michigan ...
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Millennials who can't afford housing should consider moving in with empty nesters RichardBH/Flickr There has been a common theme in the housing market in recent years: Housing prices are high, and inventory is low. At least that’s the case in most major cities, where job growth remains strong. This ...
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The next Fed chair is going to have their hands full

Business Insider - 20 Aug 2017 16:55
The next Fed chair is going to have their hands full Andrew Medichini/AP Janet Yellen’s current turn at the chair expires in February. Who will be running the Fed next year, and will it matter? How will new leadership change anything? Trump could renominate her but hasn�...
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Here's the 4-question framework I used to make my 8-figure business a success Courtesy of Noah Kagan Do you want to start a successful 6+ figure business? I created a simplefour-question framework to help you. It's what I've used to grow Sumo from $0 into an 8-figure business, and has been tested ...
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YouTube video tricking consumers on how to pay bills using Social Security numbers Consumers are falling for crazy bill paying schemes to pay their old tax bills. But state treasurers warn it won't work.        
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How much money people are really earning from Uber, Airbnb, and 7 more side hustles Shannon Stapleton/Reuters If you've been itching to make some extra cash outside of your regular 9 to 5, then you may have already considered signing up with Uber, Airbnb, or TaskRabbit. Companies like these have made it...
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Goldman Sachs may have lost $100 million on an energy bet gone wrong (GS) Ralph Wilson/AP A sourbet on the direction of natural gas prices contributed to Goldman Sachs' weak performance in commodities trading during the second quarter. According to The Wall Street Journal, the bankhad wrongly ...
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Carl Icahn quit advising Trump just days before a New Yorker article detailing possible conflicts of interest REUTERS/Brendan McDermid/File Photo WASHINGTON (AP) — Billionaire investor Carl Icahn (EYE'-kahn) stepped down from an unpaid post as President Donald Trump's adviser on deregulation efforts just days before The New Yo...
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How To Launch A Successful Startup: 6 Tips From A Pro (And 3 Mistakes To Avoid) Through their design and innovation firm Pensa, Kathy Larchian and her husband Marco Perry have launched dozens of successful products. As advisers to other entrepreneurs, they've guided over 50 startups to success. Here...
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Swap Your The desperate hunt for yield is getting way out of hand--and it's setting up a terrific buying opportunity for you and me.
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Treasure worth $50K found in Arkansas

News Observer - 20 Aug 2017 07:01
A family of four from Kilgore, Texas, is $50,000 richer after finding a treasure hidden in Hot Springs by a Minneapolis author and publisher by following clues from his novel …
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InterOptic: The Hardware Company Helping Businesses Increase Their Network Bandwidth I spoke with InterOptic CEO Tim Dixon about the vision behind his company, overcoming challenges, and the keys to staying ahead in a changing industry.
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After moving to Raleigh in 2013, California native Jenny Hwa immersed herself in the Triangle food scene. While volunteering at Raleigh City Farm downtown and eating at restaurants like Mandolin …
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