Economy

Where Millennials Will and Should Invest in 2016

Many millennials are cautious about making investments in stocks, and many distrust Wall Street all together. Those who are investing are putting their money into companies and industries they care about or are interested in.

Startup DoorDash No Longer a 'Unicorn' With Latest Funding Round and Sub-Billion Valuation

Many have seen a shakeup coming this year to Silicon Valley's so-called "Unicorn" startups, those private startup companies like Uber and AirBnb that have a billion dollar valuation or greater. DoorDash Inc., a food-delivery startup that was seeking a $1 billion valuation when it began fundraising last fall, is reportedly now out of unicorn club as it finishes its investment round valued below that symbolic level -- and it may be the first of many.

Millennials Not Confident in Future of the US

Millennials may have different opinions on political and social issues than older generations, but one thing they have in common with their parents and grandparents is their outlook on the future of the United States. Millennials are concerned about the country's future, just like Generation Xers and Baby Boomers were when they were young.

Digital Divide: 'Under-Connected' the New Challenge for Low-Income Latino Families - Study

A new study from the Joan Ganz Cooney center, an independence research lab that focuses on modern challenges to children's education, has revealed that of all low-income families, Latino immigrant families are more likely to be under-connected or not connected to the Internet at all. More broadly, the problem of being under-connected still faces many families on the other side of the digital divide.

Apple: Why Diversity in Senior Leadership Matters - Op-Ed by Tony Maldonado, Shareholder

Why the company needs to "Think Different." "Think Different. " That's how Apple once famously challenged the world through a bold advertising campaign for its computers.

340 Brazilian Companies Fined for Engaging in Forced Labor; Anti-Slavery Group Releases 'Dirty List'

Hundreds of Brazilian companies were recently slapped with fines for employment methods equivalent to modern day slave labor. The blacklist was initiated in November 2003, which showed hundreds of individuals and companies who were forcing people to work under unideal conditions.

United States Approves First Factory in Cuba Since 1959 Revolution

The Department of Treasury has approved the first United States factory in Cuba since the 1959 revolution, per the Associated Press. The Alabama-based company led by Chief Executive Officer Horace Clemmons and co-founder Saul Berenthal will start the production of small tractors by 2017.

United Airlines Face Tough Competition in Asia Pacific With Qantas, Singapore Airlines

United Airlines is facing tough competition in Asia and the Pacific against two big airline carriers from the region, Qantas Airlines and Singapore Airlines. According to the Sydney Morning Herald, United is meeting their expectations in spite of Qantas Airlines' newly-formed alliance with American Airlines.

Millennials More Careful with Credit Cards, Debt

Millennials and young adults are careful with debt and credit cards, and some avoid credit cards completely. Many of these individuals believe being financially successful means being debt-free.

Xbox One Promises New Game Exclusives Following 'Quantum Break' Backlash

After fans expressed their distaste on Xbox One Phil Spencer's reply on the "Quantum Break" issue, Microsoft promises new game exclusives for the Xbox One console.

Top 10 Power Couples on Wall Street

When we hear or read the words, “power couple,” we often associate them to the rich and famous Hollywood stars. But did you know there are several hot power couples in the world of finance?

Latin American Farmers to Save the World From Looming Global Chocolate Shortage?

Chocolate is perhaps the world’s most delectable treat. Unfortunately, the global supplies of chocolate are becoming increasingly scarce.

Social Media Sunday: Facebook Kicked Out of India, Twitter's Downward Spiral, & Snapchat's New (Old) Partner

This week in social media was altogether pretty terrible for the two most significant networks: Facebook and Twitter. Facebook got kicked out of India and Twitter's growth has flatlined, sparking worries is might actually die. But with a potential big partnership with an influential old media company, Snapchat, meanwhile, is doing fine.

Top Tax Tips for Self-Employed Workers

Self-employed workers have difficulty filing their taxes every year. These workers need to pay taxes on their income in addition to self-employment taxes. But there are many deductions that can help them reduce their tax burdens.

Startup Shakeup? Goldman Chief Sees Reality Check for Silicon Valley's Unicorns

The all-star startups over the past few years in Silicon Valley were all about growing as big and as fast as possible. That mindset bred a crop of young private companies so heavily funded, their valuations surpassed those of many long-established blue chip firms.

FCC Lifeline Modernization Urged to Overcome Digital Divide by NHMC, Congress Members

The digital divide -- the persistent gap between those who have affordable access to information technology and those who do not -- is among the many issues that the National Hispanic Media Coalition (NHMC) believes is holding Latinos in the U.S. back.

China Looks to Expand Investment in Latin America, Eyes Raw Materials

China continues to pour money into Latin America and in 2016 they will continue to add the amount of investments they put into the region. China is supporting financially Latin America as the United States decreases much of their government and private assistance in the region.

The Story Behind Gastón Frydlewski's 'No Tie' Hickies Shoelaces Startup

Gastón Frydlewski, founder of Hickies, hated tying his shoes. He never liked to create bows using his shoelaces. To him shoelaces are funny and oftentimes ugly. With the thought that other people might have the same idea about shoelaces in mind, he created the startup Hickies with the help of his partner, Mariquel Waingarten.

United Airlines Changing Sydney-LAX Flights With Boeing 787 Dreamliner in March

United Airlines will make the Australian market the first to have all of its flight in a Boeing 787 Dreamliner at the end of March. The Chicago-based company decided to upgrade the route from Sydney to Los Angeles and San Francisco that still flies in a Boeing 777.

Titanic II Set to Navigate the Seas in 2018; Doomed Ship Replica’s First Voyage Postponed?

The replica of the world-famous luxury liner Titanic is set to navigate the seas soon. Unfortunately, the first voyage of the new ship called, Titanic II, has been postponed to 2018, instead of its original plan this 2016, CNN noted.