Because of the high volume of emails I get from the small minority of government employees who don’t even pay into Social Security, I guess it’s time for me to trot out my old WEP and GPO column. (I’ll explain what those abbreviations stand for in a minute.) Who are these folks? They are primarily…
Remittance Firms Slow to Add Bitcoin, Despite El Salvador Move
LONDON—El Salvador may be touting bitcoin’s use to help its citizens living abroad send funds back home, but the biggest remittance firms are cautious about offering cryptocurrency services. In a move that could be a harbinger of crypto becoming a more popular way to send money across borders, El Salvador on Wednesday became the first…
How the Founder of Dave’s Killer Bread Went From Jail to Selling His Business for $275 Million
Article by Paul Argueta As an entrepreneur, you are used to juggling multiple tasks and navigating choppy waters. Eventually, you grow accustomed to surviving in a world of organized chaos. To you, setbacks are just part of the process, but what if one of those setbacks happened to be a 15-year stint in a penitentiary? Would you…
10 Habits That Drive Your Financial Growth
Unless you’re in the small percentile of people who are have received a large inheritance or trust fund or won the lottery, you need to build your wealth from scratch. And, that’s not the easiest of goals. Between stagnating wages, growing debt, and a considerable increase in the cost of living, this seems futile. However, if you…
Long Distance Flip?
Dear Dave, I’ve been following your advice for about a year. I’m almost out of debt, and I live on a budget, but looking toward the future it seems like it will be very difficult to save up for a down payment on a home. I live in Chicago, and property prices are very expensive….
Virus Outbreaks at Thai Factories Threaten Export Sector, Recovery
BANGKOK—A series of coronavirus outbreaks in Thai factories is raising concerns that the export sector could be hit hard, threatening to further undermine an economy as it struggles to recover from the lockdowns’ crippling blow to the crucial tourism industry. The virus has swept through over 130 factories, including those supplying international brands, with more…
Chamber of Commerce CEO Defends Endorsing Democrats, Says Ties With GOP Remain ‘Strong’
U.S. Chamber of Commerce (USCC) president and CEO Suzanne Clark told Axios in an interview that the business group was right to endorse nearly two dozen House Democrats last year, despite reports that the move has put a strain on the organization’s relationship with Republicans. Clark, who took over as head of the USCC in March, said the…
UK Trade Talks Up Next for Australian PM Following G-7
June 13, 2021
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Trade Minister Dan Tehan has been working “throughout the night” to get the Australia-UK free trade agreement (FTA) ready for Prime Minister Scott Morrison’s sign-off when he lands in London. Tehan said on Sunday that negotiating teams from the Australian and United Kingdom (UK) governments had made “enormous progress” over the past six weeks and…
US Water and Power Are Shockingly Vulnerable to Cyberhacks
By Kartikay Mehrotra From Bloomberg News When the Los Angeles Department of Water and Power was hacked in 2018, it took a mere six hours. Early this year, an intruder lurked in hundreds of computers related to water systems across the United States. In Portland, Oregon, burglars installed malicious computers onto a grid providing power…
Musk Says Tesla Will Accept Bitcoins When Miners Use More Clean Energy
Tesla CEO Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” he said in a tweet. Bitcoin rose 5.1 percent…
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