Category Archives: FinancesThose wily hedge fund managers are up to their old tricks–giving us what we want and making megabucks in the process. Their newest product is a hot, hard-to-get, one. It’s business loans.
Hedge funds are offering asset-based loans to a select few business owners. In exchange for sizable loans with short repayment periods (usually less than [...]
“The Decider” finally decided to support the new $300B housing rescue bill. The bill is actually an attempt at bailing out and reigning in Fannie Mae and Freddie Mac, the mortgage giants that back or own $5 trillion in U.S. mortgages — nearly half the nation’s total.
While that’s a worthy enough goal (since not doing [...]
Miller Brewing Company, one of America’s most iconic brands and most popular beers, wants to give you more than a nice cold one. The Wisconsin-based brewer is revisiting its Miller Urban Entrepreneur Series (MUES), a 9 year-old business plan competition and seminar series designed to provide funding and resources to urban entrepreneurs to take their [...]
It’s summertime and the living ain’t easy! Virtually everyone is short on cash and everyone else is smartly conserving. I don’t know about you, but I find it tougher to be frugal and smart during the summer than during any other season. Everything is so cute and vibrant. The water is blue, the flip flops [...]
While American MBA grads are struggling to wrap their brains around their new, lower-paying reality, grads of Indian MBA programs are raking in the dough–U.S. economic recession be damned.
Starting salaries for MBAs from Indian B-schools are up 20% to 22%, while starting salaries for their U.S. counterparts are down 10%-15% from their pre-recession highs.
At the [...]
Today is that dreaded day–Tax Day–the day you scramble to the post office to mail your life to the grim reaper. If you’re like me, you spend far too much time sweating the tax code (most of which is not in a human language), then get all of the return cards and tracking stuff you [...]
Parade Magazine released its annual “What People Earn” issue, an annual survey of the salaries of real people in real jobs (and real people in fantasy jobs).
Here are the highlights.
REAL PEOPLE, REAL JOBS
A high school football coach in Oklahoma earned $49,900
A puppeteer in Maryland earned $32,300
A professor/author in New York earned $64,900
A radiology technician in [...]
As I’ve said so many times already this year, this is the year of the phenomenal career, the year that we all commit to career empowerment and improvement. But this year isn’t just about getting the most out of your job; it’s about getting the most out of your new business.
Commitment #2 of the [...]
Considering working abroad? Have you considered the cost of housing in the most desirable foreign markets? Do. You’ll be surprised, and not in a good, it’s-my-birthday sort of way. Here’s the run down.
MONTHLY RENT FOR LUXURY TWO-BEDROOM UNFURNISHED APARTMENTS
Hong Kong—————————$6,398
Tokyo————————$4,105
Moscow——————–$4,000
New York——————$4,000
London—————–$3,889
Beijing—————$2,840
Paris————–$2,634
Rome———–$2,042
Sydney——-$2,037
Johannesburg-$952
(Source: Mercer)
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American Express Open unveiled its new Plum Card at the The Inc. 500 Conference and Awards Ceremony in Chicago. The new plum-colored card is aimed at small business owners including construction, retail, wholesale, IT/Solution providers, the auto-care after market and others. These businesses traditionally have high materials costs and unpredictable cash flow.
The Plum Card [...]
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