Jordan Paul

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19 Creative Ways to Save Money (That Don't Involve Skipping Coffee)

Saving money can be a tricky thing—you make a budget and think it’s under control, but life has this ability of getting in the way. Yes, cutting out …

Personal Finance

Why business schools charge so much and pay their teachers so little

You and I know why business schools charge so much for an MBA.<p>Because they can.<p>But why do they pay so little to everyone except their superstars?<p>It’s not just because they can. I think the <i>real</i> reason is much more <i>sinister</i> than that.<p>Once upon a time—before starting my MBA at NYU in the early 1980s—I …

Business School

Bill Gates And His Foundation: Employers Should Focus On Skills, NOT College Degrees

By using a college degree as a requirement, employers are automatically overlooking people that are capable but have no degree.<p>Ultimately, this isn't helping the employer, the workforce or the economy, Angela Cobb argued in a blog posted by the Gates Foundation on Monday.<p>Research from the Aspen …

Bill Gates

How Modern Economics Is Built On 'The World's Dumbest Idea'

I reported earlier this month that the Financial Times published a pair of important articles asking why the goal of a firm is to maximize short-term shareholder value is still being taught in business schools.<p>“While there is growing consensus that focusing on short-term shareholder value is not …

Why High Yield Investors Shouldn't Overreact To The Recent Selloff

In my May 8th post, I tackled the question: “Should Investors Still Go For High Yield? Discussing the question with Matt Philo, MacKay Shields’ head of the High Yield Group, we concluded that, even after a multi-year period of strong returns, we believe the category still offers good value with one …

The Insane, True Costs of Raising a Family in America's Major Metros

Why American Craft Beer Exports Are Booming

For lessons on exporting success, small businesses need look no further than America’s independent craft brewers. Exports of craft beers surged 72 percent in 2012, generating $49 million in sales, according to The Brewers Association (BA), a nonprofit trade group in Boulder, Co.<p>Canada was the …

A million new millionaires: 2012 was a good year for wealthy

The population of millionaires worldwide surged by 9 percent last year, growing to 12 million, according to a report.<p>The World Wealth Report, from Capgemini and RBC Wealth Management, said rising stock markets and stronger real estate helped create 1 million new millionaires worldwide. Their wealth …

Real Estate

Simple banking app updated with Goals

Trying to save up for a vacation? Or working tirelessly to pay off that pesky loan? Simple’s new app update will help.<p>Simple is an online bank replacement that has been in the App Store since January 2012. With no monthly fees, mobile check deposits and free ATM locations (through their banking …

Closet Cleanout: The Only 10 Pieces of Clothing You Need

I have only good memories of walk-in closets, except for the time I was rummaging around in the back of one–and suddenly came across a high-top …

Tech entrepreneurs need MBA skills: startup mentor

Business education has an important role to play in boosting Canada's edge in the digital age by combining masters of business administration (MBA) programs with technology management skills, industry experts say.<p>Released in April, the World Economic Forum's Networked Readiness Index ranked Canada …

MBA VS. CFA: Here's How To Decide Which One To Get

For many that means deciding whether to head to Business School for a Masters in Business Administration, or to take the Chartered Financial Analyst exams — the CFA.<p>These are two completely different ways of skinning a cat, and there are pros and cons to each.<p>People get MBAs in specific fields — …

Wall Street

The Anti-MBA Crowd Forgets That You Still Have To Grow And Run A Business

MBAs-both the degrees and the people who have them-are an obsolete waste of time and money. An irrelevant recipe for failure. At least that's what all the cool entrepreneurs and venture capitalists are saying. So what's next? Learning to code and "lean startups." Accelerators are the new …

Innovation

Banks now more cautious and strict about financing vacation homes

Mortgage down payment requirements are considerably stiffer than for primary residences, and lenders are scrutinizing income more closely, which can …

Peter Som: How to Throw the Perfect Dinner Party

The designer shows us how to throw the perfect dinner party in his NYC apartment<p>The designer shows off his hosting and culinary skills in his New York apartment.

10 Ways To Be Healthier In 10 Minutes Or Less

It seems like our favorite excuse: "There just aren't enough hours in the day." It gets us out of workouts, concocting nutritious homemade meals, sleeping enough.<p>But does health <i>have</i> to be a trade-off with time? A new study examined the time American adults spend on beneficial behavior and found …

Simple Springtime Dishes

Intoxicating Design: 29 Wine Cellar And Storage Ideas For The Contemporary Home

Wine cheers the sad, revives the old, inspires the young, makes weariness forget his toil, said Lord Byron. While we do not claim to be world class …

10 Questions Startups Use to Make Change Happen

Change is hard. I see entrepreneurs every day who are trying to change the world with a new idea, and startups that are trying to survive their hyper-growth phase by changing processes to meet demand. In both cases, it’s easy for them to become frustrated and give up, since most have never been …

Supply of homes starts to catch up with sales

As prices rise, more sellers are testing the market.<p>The supply of newly listed homes for sale is starting to show signs of keeping pace with buyer activity in some of the nation's hottest real estate markets, new data suggest.<p>In 21 of 24 major metropolitan markets tracked by residential brokerage …

IRS Not Screening Informant Reports Well

Helping the authorities root out wrong-doing might be seen as a public spirited activity. When that principle is applied to tax compliance, though, it does not resonate with me emotionally. I think it is wrong for people in cash businesses to not report all their receipts. On the other hand, I …

How Volkswagen Made SEO Cool

Let's face it, SEO is rather boring. Despite being a necessary part of any site strategy, it's probably the least fun part of any content writing you may do. Doing keywords research, fitting them into your article or post and ensuring that the flow of your content isn't disrupted is a lot to think …

Volkswagen

McDonald's Is Counting On Three New Menu Items To Get Cash-Strapped Americans Back In Restaurants

The fast food giant recently revealed that sales are down 1.2% from a year earlier.<p>The reason for this decline is simple: many American consumers are too worried about money to even splurge on a Big Mac.<p>McDonald's CEO Don Thompson named three new products that he hopes will lure customers back to …

McDonald's

Americans Can't Stop Talking About Income Inequality, But No One Is Doing Anything About It

President Barack Obama has made it a signature issue of his second term, bluntly stating that the US won't succeed "when a shrinking few do very well and a growing many barely make it."<p>Federal Reserve Chairman Ben Bernanke decried inequality for "creating two societies." Nobel laureate Joseph …

Income Inequality

7 Common Excuses That Prevent an Employee From Being Great

It’s usually easier to come up with an excuse than it is to actually get something done. I’ve learned that many employees have the potential to be great, but they let excuses get in the way of their true potential. As a leader, it’s important to address these excuses and challenge your employees to …

What Private Businesses Think About Hiring

The good news is that many private businesses plan to maintain current staff sizes, according to a recent survey by Sageworks, a financial information company.<p>The bad news is that many plan to maintain their current staff sizes.<p>Despite increasing sales, strong profitability and a slow but general …