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Business News

Location American Business News for 24 May 2020
Square's Co-Founder: A Recession Is a Great Time to Start a Company Jim McKelvey, who co-founded financial-technology company Square with Jack Dorsey in 2009, talks about why entrepreneurs can thrive during a downturn and about the state of the coronavirus-ravaged economy.
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A New Jersey woman holds about $300,000 in loans from her daughters' education. An adviser suggests how she can start to tackle it.
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Why We Refuse to Spend Much Money on Apps

Wall Street Journal - 24 May 2020 16:00
Consumers are willing to spend a lot more for a traditional product than for essentially the same thing in app form. A Stanford professor explains why.
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Why intelligent and high-performing women fall for toxic partners Hero Images/Getty It may seem like every high-powered woman you know is dating someone toxic, but successful women don't actually have lower standards when it comes to relationships. Instead, research shows that their dr...
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Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian...
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Will the real VCs please stand up

Venture Beat - 24 May 2020 23:22
It's time for the VC industry to remember its task is to build the future, not to focus on safe "PE like" investments and top-up rounds.
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PRESENTING: The tools and strategies one freelance graphic designer making $200,000 a year uses to capitalize on her downtime to learn new skills and increase revenue Morgan Overholt The coronavirus pandemic has given us a lot of downtime. Why not use it to better your business, or maybe launch one? Morgan Overholt is a graphic-design freelancer and owner of Morgan Media LLC. She earn...
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At these historically low rates, inflation is eroding the value of our savings added to the fact we are unable to achieve reasonable levels of income.       
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Why More Uninsured Texans Boosts Biden Over Trump The rising number of uninsured Texans is expected to figure prominently in this year's Presidential election where Democrat Joe Biden is pushing to expand coverage and Donald Trump continues to talk about dismantling Oba...
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Mixed Sector Performance In Bear Market Rallies Technical analyst Tom Aspray examines dramatic performance difference between the sectors. Continuing his series on bear markets past and present, this week Tom also examines some parallels between present sector perform...
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Why Chatter About An American Airlines Bankruptcy Is Nonsense Not a single valid indicator anywhere says American is close to filing for bankruptcy. American has no imminent large debt payments; nobody, not even competitors, wants it to file, and it would gain nothing if it did fil...
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Spike in businesses filing for bankruptcy

NBC News - 24 May 2020 15:06
Spike in businesses filing for bankruptcy In just two weeks, some of the best-known brands in America declared they were entering Chapter 11 Bankruptcy and closing outlets across the country.
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Skilled Freelancers in the Top U.S. Cities Brought In $150 Billion in Earnings in 2019 Freelancer earnings in 2019 in the top 30 US cities reached $150 billion, according to a new report from one of their leading platforms, Fiverr.
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Why Ikea Decides Time's Right To Open Its Own U.S. Malls Ikea is investing €7.3 billion to expand its already-proven, urban Ingka Centres mall concept from 45 to 75 centers by 2025, with plans to introduce its meeting centers in the U.S. soon. Opportunities for a reimagined ...
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PayPal Makes Contactless Payments Easier, Microsoft Reveals A Here are five things in technology that happened this past week and how they affect your business. Did you miss them?
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Even as he was subjected to three years of disparaging remarks by and expressions of disappointment from President Donald Trump, former Attorney General Jeff Sessions held out hope of a Trump endorsement of his bid for a...
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Stocks This Week: Buy Eli Lilly And Xilinx

Forbes - 24 May 2020 23:25
Stocks This Week: Buy Eli Lilly And Xilinx Here are a pair of stocks that will benefit from market strength.
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If The Fed Is Worrying, Shouldn't You Worry Too? Employment data confirm that, even in mid-May, after some states had begun to reopen, the overall economy was still deteriorating and had not yet hit bottom.
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It might be challenging to find bright spots in financial news these days, but seismic economic shifts always give way to new markets and opportunities.
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Gradually, Then Suddenly... Clarity Comes To The EU Hemingway's great contribution to financial economics applies to intellectual bankruptcy as well. The Covid-19 pandemic has pushed the EU towards a climax in public policy and continental governance. Taboos are being bro...
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Fourth-Round Picks D.J. Wonnum, James Lynch Must Play Vital Role For Vikings In 2020 The losses in free agency combined with the way the Vikings finished the season against top competition left general manager Rick Spielman on a mission as the 2020 NFL Draft approached. He armed himself with 15 draft pic...
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What To Make Of Community QE - Look Now To New York Despite seriously shortcomings that will have to be rectified, the Fed's new Municipal Liquidity Facility, or 'Community QE,' holds great promise for cities and states struck by pandemic. New York now shows a path forwar...
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