Category Archives: Business

Mexico’s Finance Minister Says Emerging Markets Concerned About Currency Turbulence

Mexican Finance Minister Luis Videgaray said on Saturday that he wants an orderly appreciation of the dollar.
Reuters

Finance officials from the world’s largest emerging-market nations are growing increasingly worried that currency turbulence could hurt their economies as the dollar strengthens, Mexican finance minister Luis Videgaray said on Saturday.
“The most recurring concern is the U.S. dollar appreciation,” Mr. Videgaray said in an interview, as global finance ministers and central bankers met in Washington to discuss threats to the world economy.
Emerging economies are watching the Federal Reserve nervously as the U.S. central bank plans its first rate increase in nearly a decade. “We Read More

Source:: wsj

Too Poor to File (for Bankruptcy)

A Congressional overhaul of U.S. bankruptcy law may be keeping financially struggling people out of bankruptcy court, but it hasn’t kept them from going broke, researchers have found.
A new study from the Federal Reserve Bank of New York puts a spotlight on a pocket of financially struggling people who, researchers say, are too poor to file for bankruptcy after federal lawmakers changed the law in 2005 and made it more expensive. The study was written by economists Stefania Albanesi of the New York Fed and Jaromir Nosal of Columbia University.
Specifically, the report found a “sizable group of individuals exists that Read More

Source:: wsj

What Really Happens When You Hire the Wrong Candidate

A bad hire drains energy and time and can cost a business in a number of ways.

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Source:: Entrepreneur

This 9-Year-Old Makes $1 Million a Year … Opening Toys

No joke. Check it out.

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Source:: Entrepreneur

How to Vacation Like a Boss

Why executives need to take time off and how to prepare for being away from the office.

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Source:: Entrepreneur