(Bloomberg Businessweek) — For decades, North Sichuan Road was Shanghai’s answer to Hong Kong’s Causeway Bay—a place where thousands shopped daily for everything including food and designer clothes. But that was before the new coronavirus. Now the local Printemps, a franchise of the glitzy Paris department store, has closed its doors, a nearby shopping center […]
The Fed Loves Main Street as Much as Wall Street This Time
(Bloomberg Businessweek) — Federal Reserve Chair Jerome Powell and his colleagues had a hard decision to make as the coronavirus epidemic worsened in February and March. If they stuck to the standard policy of buying only highly rated bonds, they would likely be accused of favoring Wall Street over Main Street—the traditional rap on the […]
Financial Hacks for Bootstrapping a Startup
This is a guest post by Erik Bergman. In his own words, I am the co-founder of Catena Media — which grew from nothing to a more than $200M valuation. I left my role at Catena to build another iGaming affiliate marketing business that donates 100% of its profits to prevent climate change. As you […]
Colleges With Empty Campuses Face an Uncertain Financial Future
(Bloomberg Businessweek) — The coronavirus pandemic threatens to remake U.S. higher education, speeding the closure of small, financially weak colleges and forcing others to make tough decisions about what they can afford. Even state schools may no longer be immune as tax revenue falls. Continue Reading. Read more on Businessweek by BloombergQuint.
Women and Wealth: Special Financial Considerations for Women
While many people don’t consider gender important in financial planning, there are actually a number of unique obstacles that women face. Whether it’s the length of their lives or the struggle to break the glass ceiling in their industries, these factors should contribute to how women approach their finances. Healthy financial planning for women takes […]