Uber co-founder Travis Kalanick has sold $700 million of his stock just recently, and this could have some consequences for the ride sharing company. It’s certainly never a good sign when a founder engages in a major sell off of stock, but it also doesn’t always mean that something is wrong with the company itself. … Continue reading “$700 Million in Uber Shares Sold — What’s the Effect on the Company?”

Founded by three ex-Google employees, MainStreet is helping San Francisco residents relocate — and helping small tech companies find the employees that they need. This is something that’s desperately needed by both employees and employers, but it’s going to be interesting to see whether MainStreet is able to really crack into what makes employees tick. … Continue reading “A New Silicon Valley Company Will Pay You $10,000 to Leave the Bay Area”

We know, we know — just where has 2019 gone? We’re less than two months away from the start of 2020, and as we enter the home stretch into Thanksgiving and then the holiday season, there’s one thing looming in early 2020 that’s an afterthought now but will be relevant before we know it: taxes. … Continue reading “2019 is Almost Over — It’s Time for Your End of the Year Tax Checkup”

The situation between US and China continues to change day by day. On Thursday, it was reported that a rollback of tariffs between the United States and China had been proposed as part of a phase one deal. However, this trade agreement has not yet been completed, and some speculate that the arrangements may be … Continue reading “Are the U.S. And China REALLY Considering Rolling Back Tariffs?”

Over the course of the last few weeks, we’ve talked about trends in e-commerce credit card hacking and other ways to ensure you’re staying safe this holiday season when making any online purchases. In this post, we’ll switch things up a bit to discuss a different — yet equally important — aspect of credit card … Continue reading “Don’t Carry These 5 Items in Your Wallet”

Rising online orders are leading to the propagation of something called “dark stores.” These are grocery stores that are designed specifically for the warehousing and distribution of products for online orders. These stores are “dark” because they aren’t open to customers. They’re only designed to support the growing need for online delivery. Are these “dark … Continue reading “Supermarkets Are Now Building “Dark Stores””

The McDonald’s CEO is out, and that’s raised a lot of questions. Over the weekend, McDonald’s CEO Steve Easterbrook lost his job — though he does get six months of his pay as severance. The cause? A consensual relationship with a coworker. This could be a radical new path for one of America’s most globally-recognized … Continue reading “McDonald’s Adjusts to Abrupt CEO Change”

In a recent post, we talked a little bit about the trending online hack of e-skimming and its potential to put a major wrinkle in your holiday shopping if you’re not careful about online purchasing. As a brief refresher, e-skimming occurs when a hacker edits a website’s script code and captures a consumer’s credit card … Continue reading “What You Need to Do to Stay SAFE Online This Holiday Season”

Stop us if you’ve heard this one before: The Federal Reserve has cut interest rates once again. If you’ve heard this before, it’s because it’s the third time in 2019 that the Fed has made a rate cut, which is a tactic it often enacts when the economy needs a pickup. It cut rates this … Continue reading “The Fed Cut Rates Again: What Does it Mean for You?”

The GM strike has come to a close, and it’s time to look at a post-mortem. The ultimate cost of the GM strike is said to have been $2.9 billion, all told. That’s a huge blow to the auto manufacturer, when the auto manufacturing industry is already struggling due to off-shore manufacturing and the rising … Continue reading “The GM Strike Finally Ended — Here was the Ultimate Cost”

Optimism about a potential US-China trade deal, in addition to upcoming federal rate cuts, have sent the S&P 500 soaring. The S&P 500 hit a record high, with the DJIA increasing 0.49%, and the NASDAQ increasing by 1%. But with the stock market being so volatile, what does that actually mean for the economy? Trade … Continue reading “S&P 500 Breaks Records Over Possible U.S.-China Trade Deal”

There’s a little more than one year until the 2020 presidential election, and while the Democratic candidates are still jockeying for a competitive advantage, one thing is true: The presumed front runner, former Vice President Joe Biden, is not a sure bet. The title of front runner among the Democratic hopefuls has at times slipped … Continue reading “What Will the Stock Market Look Like if Elizabeth Warren Becomes President?”

You’ve likely heard of card skimming, which occurs after a crook installs a special device on a card reader that permits them access to anyone’s credit card information that subsequently uses it. Card skimmers are commonly installed by wrongdoers at gas station pumps or even on ATM machines — places many consumers are likely to … Continue reading “Stay Safe This Holiday Season from a New E-Commerce Hack”

It’s been sneaking up, and it may be the next millennial disaster. Companies such as Affirm, AfterPay, and Klarna are making it easy for people to get a simple installment loan for everyday products. And that’s both good and bad. Under Buy Here, Pay Later, consumers can go through a third-party lender for small purchases. … Continue reading “Affirm, AfterPay, Klarna – The New Buy Here, Pay Later Industry”

The big companies are getting hit. Months ago, the shoe industry was speaking out against tariffs. The toy industry is likely to be next. Despite good sales, Hasbro shares fell 17% in light of the tariffs. Hasbro is being left with no recourse: they either need to move their operations away from China, or take … Continue reading “Hasbro Tariffs Send Prices Upwards: What That Means for The Toy Maker”

What would you say is your biggest source of stress in life? Is it managing your kids’ busy school and activities schedules? Caring for an elderly parent or loved one? Juggling custody arrangements and co-parenting with an ex? Is it arguing with your friends and family about politics and your worldviews? While all of the … Continue reading “Nearly 75% of All Americans Rank Money as the #1 Stress in Life”

Job loss. An economic recession. An unexpected medical expense. A car breakdown. There’s a lot that can — and eventually will — go wrong for you in life, and that’s why many financial planners and economists steadfastly agree that all Americans should have some sort of emergency savings fund. After all, you never know when … Continue reading “How Much Do You Really Need in an Emergency Financial Fund?”