I’ve several friends who’s kids are just getting started in their 20’s with their first job after college – and this chart suggests several helpful decisions to make early on in life. Via: Daily Infographic
With some occupations, people make more annual income than others. Obvious. But we typically see figures in terms of means and medians when in reality, the difference between the person who makes the most and the one who makes the least can be significant. The chart...
From the 2016 edition of the Annual CFO Outlook THE ECONOMY Low Growth, High Debt While jobs are up, wages are still down The recovery from the recession has been the third-longest since World War II, but the pace of the recovery has been subpar Outstanding debt —...
CFOs are hiring outside consultants at an increasing rate. 1,000 CFOs were surveyed to determine their outside hiring needs. More than half (61%) of CFOs whose firms work with consultants said they are likely to bring in project specialists for business systems and...
Significantly more companies are planning to divest assets to recommit to core businesses or fund innovations to keep up with changing consumer preferences, according to EY’s 2016 Global Corporate Divestment Study. Roughly half (49%) of the corporate and private...
To be a CFO today you must keep up with an ever changing technological landscape Increasingly almost of every area of finance is technology driven. CFO’s must work more closely with chief information officers and other digital executives. Being CFO is now a...
This is so encouraging to see the continued demand for individuals in these fields. I’m confident a strong educational component of STEM (science, technology, engineering, math) will equip a person with the capacity to participate at an above-average level over...
This paper by the Harvard Business Review shares some great comparative insights and clarity on the different merger motivations of financial vs strategic acquirers (buyers). What drives either financial or strategic buyers to have a more dominant position in mergers...
Americans have a really distorted view of how wealth is distributed in this country. This chart is from a paper called “Building a Better America One Wealth Quintile at a Time” by Dan Ariely and Michael I. Norton. The top row shows the actual distribution...
Weekly allowances for children age 8 to 15 after peaking at $13 a week in 2005 have declined to $9.67 in 2009 and $9.14 this year. Now only 23% of kids save at least half of their pocket money, down from 49% in 2009 via mainstreet.com
<div class=”posterous_bookmarklet_entry”> Several of my friends have and are starting to expand their business operations into China. Market and economic literacy with China will be, increasingly so, a key component, not an ancillary one...
Small companies are desperate for growth capital, but banks and investors remain cautious. The banks reported that they declined 72 percent of cash flow-based loans, 90 percent of real estate-based loans, and 46.7 percent of collateral-based loans. The...
States are going to be dealing with some pretty significant challenges over the next couple years. It will be very interesting to see how the small business market reacts and responds to the opportunities and challenges that these circumstances present. State and...
via mint.com Recent news articles have brought to light the fact that almost 47% of households in the US currently have zero or negative federal tax liability. We take a closer look at this lack of liability across each income level, highlighting the percentage in...
via money.cnn.com Most people think they pay too much to Uncle Sam, but for some people it simply is not true. An increasing number of households end up owing nothing in major federal taxes, but the situation may not be sustainable over the long run. In 2009, roughly...
