money

Subprime Mortgages Are Back. Will That Mean Another Recession?

A little more than a decade ago the economy collapsed, and at the center of that collapse was the subprime mortgage. These loans, often made to borrowers with bad credit, no job, and no income turned into a systemic risk that eventually sent the world into its worst economic crisis since The Great Depression. Fast-forward to […]

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How Small- to Medium-Size Companies Can Lower Their Expenses in 2018

By Zev Herman, president of Superior Lighting. I’ve always believed that reducing business operating expenses and reducing environmental impact go hand in hand. I have identified a number of effective means of cutting expenses for small- to medium-size businesses that may be beneficial over the course of 2018. Reducing operating expenses can be a year-long,

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Salary Transparency Has a Hidden Drawback No One Ever Talks About

Is more pay transparency always good? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer by Tomasz Obloj, Professor of Strategy at HEC Paris, on Quora: As usually with such questions, the answer is: it depends. On the one hand, transparency,

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United Airlines Employees Rebelled Over the ‘Lottery Bonus.’ At Southwest Airlines, They Rejoice. Here’s the Big Difference

What’s the difference between United Airlines and Southwest Airlines? Recently, United Airlines announced it was going to replace its bonus system with a new lottery bonus system, and employees revolved. But, it turns out Southwest Airlines has had a different kind of lottery rewards program in place for more than a decade–and the employees I’ve heard from absolutely

United Airlines Employees Rebelled Over the ‘Lottery Bonus.’ At Southwest Airlines, They Rejoice. Here’s the Big Difference Read More »

7 Totally Legitimate Ways to Make Passive Income from Your Blog • Smart Blogger

You’re skeptical. You hear about bloggers who make money while they sleep — bloggers who take epic vacations or spend all their time with their families, and at the end of each month, they still have money coming in. It sounds too good to be true. Especially when you’re slaving away every day and can

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United Airlines Is ‘Pressing the Pause Button’ on Its Lottery Bonus Program

Ladies and gentlemen, this United Airlines idea has hit some turbulence, and will be turning around right away. Over the past 72 hours, we’ve seen a firestorm erupt among employees at United Airlines, after company president, Scott Kirby, sent an email detailing a plan to change the company’s employee bonus program–and replace it with a

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McDonald’s Just Had the Single Worst Day in Its Company’s History. Here’s What Happened

Have you tried the new not-really-a-Dollar Menu at McDonald’s? According to the numbers, you probably haven’t. And that’s hurting McDonald’s, the world’s second-largest restaurant chain, to the tune of billions of dollars. So much so, that McDonald’s just suffered the worst day in its entire history, at least by one metric: the total dollar drop

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Here’s the Story of the Stanford PhD Who Allegedly Gamed the Texas Lottery (and Won $20 Million)

I wrote recently about the husband and wife team out of Michigan who figured out how to game the lottery, and walked away with almost $27 million over the course of nine years. But it turns out there’s a greater mystery in the world of lottery watchers.  Her name is Joan Ginther, and she won

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