People who are mentally tough and successful at what they do understand that the cumulative effect of small changes leads to significant outcomes. And while they set out with big goals, they improve using systematic and surgical precision. In my 30 years of researching and writing about what motivates people to be exceptional, I’ve found
Month: February 2021
Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | Getty Images JPMorgan Chase on Tuesday announced its latest round of initiatives to support banks and credit unions that are primarily owned or directed by people of color, as well as banking institutions that work with underserved communities. It’s part
People wear protective face masks outside Best Buy in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 24, 2020 in New York City. Noam Galai | Getty Images Best Buy said it will pay pandemic-related bonuses to all hourly employees and give
The smallest businesses that have had the most trouble accessing forgivable loans from the Paycheck Protection Program will soon get extra help. The Biden administration on Monday announced changes for the pandemic aid program focused on helping small and minority owned firms as well as sole proprietors. For two weeks, starting Wednesday, the Small Business
An image from the video taken by multiple cameras as NASA’s Perseverance rover landed on Mars on Feb. 18, 2021. NASA/JPL-Caltech NASA on Monday released first-of-its-kind video of a spacecraft landing on another planet, as multiple cameras captured its Perseverance rover touching down on the surface of Mars. The U.S. space agency landed Perseverance on
Israel “Izzy” Englander, chairman and chief executive officer of Millennium Management LLC. Ronda Churchill | Bloomberg | Getty Images The 25 highest paid hedge fund managers made a record $32 billion in 2020, up more than 50% over 2019, according to Institutional Investor’s Rich List. A total of 15 hedge fund managers made $1 billion
HSBC building in the Canary Wharf district of London, U.K. Leon Neal | AFP | Getty Images HSBC is due to report financial results for 2020 on Tuesday, during which the bank is expected to update investors on its business restructuring plans and whether it would resume dividend payments. Like many of its peers globally,
2019 Jeep Cherokee Trailhawk Source: Fiat Chrysler The principal chief of the Cherokee Nation wants Jeep to stop using the tribe’s name on its SUVs, saying it “does not honor us by having our name plastered on the side of a car.” Jeep started using the Cherokee name more than 45 years ago, including on
Most student loan borrowers will be inelgible this year for the usual tax break they get for making payments on their debt’s interest. pcess609 Add it to the long list of changes in 2020: Your ability to claim the student loan interest deduction on your taxes. If you’re not familiar with all the details of
Tetra Images | Tetra images | Getty Images A few years ago, I had a client tell me he invested in a fancy bowling alley — the new party hot spot in town. It’s since shut down. Another client shared that he joined the board of a start-up and they’re looking to raise capital. He
Janet Yellen, U.S. President-elect Joe Biden’s nominee to be treasury secretary, speaks as Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. Leah Millis | Reuters Treasury Secretary Janet Yellen issued a warning Monday about the dangers that bitcoin poses both
Mark Cuban became a billionaire just before the dot-com bubble burst. In 1995, Cuban and a friend, Todd Wagner, started an internet radio platform called Broadcast.com. Four years later, Broadcast.com was acquired by Yahoo for $5.7 billion in stock, making Cuban a very wealthy man. Since then, the “Shark Tank” investor and Dallas Mavericks owner
Bitcoin soared on Tuesday to an all-time high reaching the $50,000 milestone at $50.602. Alain Pitton | NurPhoto | Getty Images Bitcoin slid Monday, pausing its stunning rally after Elon Musk said prices “seem high.” The world’s most valuable cryptocurrency sank over 10% to a price of $51,993 Monday morning, according to data from Coin
Dr. Scott Gottlieb told CNBC on Monday he believes coronavirus cases in the U.S. will continue to decline into the spring and summer, allowing Americans to ease up on some pandemic precautions for the time being. However, in an interview on “Squawk Box,” the former Food and Drug Administration commissioner stopped short of totally agreeing with
Mark Makela | Getty Images News | Getty Images Americans may get another dose of extra unemployment benefits — and policymakers are debating the best way to deliver them. A host of lawmakers and economists want to put the aid on autopilot, phasing out supplemental benefits gradually rather than shutting them off on a specific
Citadel CEO Ken Griffin dismissed the idea that the firm improperly uses information it garners from its market-making operation as it comes under scrutiny from Congress about its role in the GameStop mania last month. “I think there’s been a number of misperceptions about the data we receive from the brokerage community. In fact, a
Chinese Foreign Minister Wang Yi speaks at a news conference after restoring diplomatic ties with Kiribati on the sidelines of the United Nations General Assembly in New York, U.S. September 27, 2019. Mark Kauzlarich | Reuters BEIJING — China’s Foreign Minister Wang Yi on Monday called on the new U.S. administration to stop the “suppression”
New York Giants wide receiver Sterling Shepard (87) catches a pass in front of Pittsburgh Steelers strong safety Terrell Edmunds (34) and linebacker Devin Bush (55) during the first half at MetLife Stadium. Vincent Carchietta | USA TODAY Sports The National Football League wants to charge its current network partners double what they’ve been paying
Hin Leong was one of the most powerful and secretive names in Asia’s oil trading industry. But an epic gamble by its founder Lim Oon Kuin left the Singaporean company badly exposed, eventually leading to its collapse. #Singapore #Oil #Storylines ——– Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 QuickTake Originals is Bloomberg’s official premium video channel. We
Companies are on the hunt for engineers, but relatively few students are going for the hard science majors and even fewer are graduating.
By almost every measure, the coronavirus crisis has been devastating for working women. More women work on the front lines and are at a greater risk of contracting Covid-19, putting themselves and their families in jeopardy. They have reported increased anxiety and stress as a direct result of new work routines and concerns about job
Adam Jeffery | CNBC After experiencing unusually broad market momentum since November, stocks are overdue for a lengthy pause or a correction. Stock picking will matter from here as the economic reopening determines different winners and losers. According to a team of J.P. Morgan strategists, “it wouldn’t be surprising to witness consolidation” given the current
Saul Loeb | AFP | Getty Images Amazon CEO Jeff Bezos reclaimed his title as the world’s richest person after he leapfrogged Tesla CEO Elon Musk, according to real-time data from Forbes. Musk saw his net worth slide by $3.9 billion on Tuesday as Tesla shares closed at $796.22, down more than 2.4%. The 49-year-old
An activist wears a “Fight For $15” T-shirt at a news conference prior to a vote on the Raise the Wage Act, July 18, 2019 at the U.S. Capitol. Alex Wong | Getty Images A $15 minimum wage could become a reality in the U.S. While millions would get a pay boost from a higher
(L to R) Ava Duvernay, Spike Lee, Jordan Peele Getty Images The films that launched the entertainment industry around the turn of the 20th century were created for white audiences by white filmmakers. It took decades for Black directors to break into the industry and alter how Hollywood operated behind and in front of the
The beaches in Cancun, Mexico, have been crowded despite the Covid-19 epidemic . Barcroft Media | Barcroft Media | Getty Images Even Sen. Ted Cruz admits his decision to vacation in sunny Cancun, Mexico, this week while his home state of Texas was suffering record cold and massive power outages was “obviously a mistake,” as
Former TD Ameritrade CEO Fred Tomczyk told CNBC on Friday he believes retail stock market investors have never had it better when it comes to competing against Wall Street pros. “When you think about what the retail investor has today, they have free trading, free research, free investor education, and they have faster and better
A cluster of islands in the northernmost region of the Philippines is so remote that they are actually closer to Taiwan than to most parts of the Philippines. The islands sit 100 miles north of Luzon, the country’s largest and most populous island and home to the capital city of Manila. Yet, they couldn’t be
A worker repairs a power line in Austin, Texas, U.S., on Wednesday, Feb. 18, 2021. Thomas Ryan Allison | Bloomberg | Getty Images The Electric Reliability Council of Texas, which is known as ERCOT and controls the majority of the state’s power, said it plans to come out of emergency conditions on Friday as power
Governor Andrew Cuomo holds daily press briefing at the foot of Mario Cuomo Bridge in Tarrytown, New York, June 15, 2020. Lev Radin | Pacific Press | LightRocket via Getty Images What a difference a few months have made for New York Gov. Andrew Cuomo — and not in a good way. Cuomo last year
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