The top 1% of wealthy Americans know the power of personal loans. They borrow more than their fair share — in fact, they hold 5% of all personal debt in the country. They’re probably using the cash to buy real estate, but they also shop for private islands and escargot …
Read More »In 15 Years, Mr DIY Grew From A Small KL Store To A Household Name Valued At RM10bil
Head into a Malaysian mall, and chances are that you’d see a Mr DIY shop. It’s pretty much become a staple in many of our malls. In July 2005, it was just a single hardware store along Jalan Tuanku Abdul Rahman. But by the end of the first year, it …
Read More »Small Social Security Bump Sure to Disappoint Retirees — Again
Photo by Rido / Shutterstock.com Social Security recipients hoping for more cash to spend in 2021 are sure to be disappointed by the Oct. 13 announcement from the Social Security Administration. One year after receiving a measly increase in their benefits, recipients now face an even smaller 1.3% cost-of-living adjustment, …
Read More »The secrets of small data: How machine learning finally reached the enterprise
Automation and Jobs Read our latest special issue. Open Now Over the past decade, “big data” has become Silicon Valley’s biggest buzzword. When they’re trained on mind-numbingly large data sets, machine learning (ML) models can develop a deep understanding of a given domain, leading to breakthroughs for top tech companies. …
Read More »What to Do If Your Small Business Isn’t Insured for COVID-19
While small businesses are struggling to keep their doors open during the pandemic, some are turning to their insurance policies to help them stay afloat. But there’s one problem. Standard business interruption policies don’t cover COVID-19. “An exclusion for pandemic-caused losses — Exclusion of Loss Due to Virus or Bacteria …
Read More »Which States Have the Most Small Businesses?
According to the U.S. Small Business Association (SBA), 99.9% of all the businesses in America are small businesses. There are 30.7 million of them in total, and they employ nearly 60 million people. That’s 47.3% — roughly half — of America’s combined workforce. Most work for businesses that employ fewer …
Read More »How to Start a Successful, Minority Woman-Owned Small Business
Starting a small business is no walk in the park — no matter your age, race or gender. Every business owner will face challenges when first starting out, such as raising capital, registering a company and developing a business plan. Not to mention, after getting a business off the ground, …
Read More »Gold Rush: This S’pore Firm Launched An App That Lets You Trade Gold With A Small Budget
For centuries now, since the invention of money, gold has been an investors’ safe haven asset. Prized as a valuable commodity throughout human history, investors tend to move their funds into gold assets during periods of uncertainty, leading to price hikes. As a result, the price of gold is inversely …
Read More »Make a Small Fortune Reselling Old Clothes From These 10 Brands
Photo by WAYHOME studio / Shutterstock.com The back of your closet may be a money-making machine. With tens of millions out of work and an uncertain future looming, many of us are looking for ways to make a few extra bucks. And selling some of your old clothes may help …
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