A Modest Proposal: Make Universities Pay For Student Loan Debt Forgiveness

It is clear that the student debt burden in America, now estimated at an advancing $1.64 trillion, is just one of the best detractions of a scandal-debauched age. According to Forbes, it is currently the second-highest customer debt group, more than both charge card and auto loan financial obligation, as well as behind only mortgage financial debt. It stands for a crisis of nationwide percentages. Regardless of the rosy presumptions we often stumble upon, refinancing is just a stopgap procedure that only marginally relieves the pressure blighting the lives of…

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4 Apps and Platforms That Will Help You Get Your Business Expenses Under Control

One of the hardest parts of running a business is managing your expenses. With so many business services and subscriptions clocking in monthly fees to your bank account these days, it’s easy to justify a couple of $15 monthly fees, but then find yourself hundreds of dollars over budget at the end of the quarter. So, while it may sound obvious, that old rule needs to be repeated: In both business and personal life, you need to know where your money is going. That’s crucial for keeping things under control. Thankfully, a handful…

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Technology Stocks Lead the Entrepreneur Index™ to New Highs

Don’t worry investors, the Fed has your back. That appears to be the signal Federal Reserve Chairman Jerome Powell is sending to the market as it continues its longest bull run on record. In Congressional testimony this week, the Fed Chairman expressed continuing concerns about international trade and global economic growth despite an unexpectedly strong June jobs report and slightly higher inflation than expected for the month. The Fed is still expected to cut interest rates at the end of the month. The major stock indexes all set new highs…

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8 Ways to Get More Done as a Small-Business Owner

Entrepreneurs everywhere face a similar challenge each day: it seems there’s always more to do than time in which to do it. The good news is that since all of us are working on a time-management and productivity equation, there’s plenty of good advice to go around. Only 33% of business owners want to grow their businesses which means managers and owners needs to be as productive as possible.  Consider these eight tips from professionals and experts. 1. Batch similar tasks. Getting into a groove counts for a lot, when it comes to…

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Athletes Are Also Entrepreneurs: 3 Tax Lessons from the Women’s World Cup

One thing that is as uniquely American as income taxes, apple pie and reality TV is our country’s love of sports. Right now, our women’s soccer team is battling it out (and so far winning — go U.S.A.!) in the FIFA Women’s World Cup while the world watches. (See today’s U.S. match against France at 3 p.m. EST.) This has gotten me thinking about athletes and the fact that they are, essentially, entrepreneurs who face the same challenges the rest of us face, and have a lot in common with independent spirited businesswomen…

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Is Slack Really Worth $20 Billion?

Slack shares opened at $38.50 on Thursday, the company’s first day of trading, up 48 percent from a $26 reference price Wednesday. That massive win gave the San Francisco-based tech startup a $19.5 billion valuation, almost triple its private valuation of $7.1 billion. That seems like a high number, considering that Slack itself estimated the market for its industry (workplace collaboration services) at $28 billion in its offering paperwork. Friday saw the startup fall back to earth, as Slack stock fell 3.63 percent to 37.22. However, the true question about…

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How Cryptocurrency Projects Are Tackling Transparency and Security Problems

I invested in BTC in 2010 (and sold shortly after, but have bought and sold all along since then), and have experienced a wild crypto ride. I’ve also advised and been working on a project that has developed the first application to bridge cryptocurrency with augmented reality. I’ve seen the crypto market on both sides and witnessed the persistent problems of cryptocurrency exchanges, from hacks to insolvency. Institutions and mainstream investors are rightfully hesitant to engage with many exchanges, drawing from mainstream headlines such as the recent Binance hack to the tune of $40 million,…

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Austin Campbell Breaks Down Why He Owns 13 Sola Franchises

Austin Campbell has been involved with Sola Salon Studios since its inception in 2004. He now owns 13 locations in the San Diego, Calif., area and has no intentions of slowing down. “When we first opened Sola, I thought you were lying if you said we could have 10. Now 25 is very obviously in our sights,” Campbell says. Sola was founded to create a supportive community for beauty professionals to achieve their dreams, which is one of the things Campbell was initially drawn to. Campbell says empowering entrepreneurs is the most rewarding…

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Making $1 Million: Here’s How Long It Took the World’s Super-Rich (Infographic)

The millionaire’s club is adding members fast. In 2018, there were upwards of 19.6 million people with six-zero-sums to their name; by 2023, that number is projected to rise to more than 23.4 million. The world’s billionaires are a much more tight-knit group — upwards of 2,200, according to an Oxfam International report — and their fortunes increased by $2.5 billion a day in 2018. But when did the world’s wealthiest set off on this trajectory? They — including household names such as Bill Gates, Jeff Bezos and Elon Musk — made their…

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Oil Tanker Attacks Lift Energy Stocks as Market Ends Two-Day Slide

Energy stocks jumped after two oil tankers were attacked in the Gulf of Oman near the busiest shipping lane for tankers in the world. The attacks, along with data showing that OPEC production in May fell to its lowest level in five years, sent the price of oil up 2.2 percent. Shares in oil and gas producer Hess Corp. rose 2.82 percent, the biggest gain on the Entrepreneur Index™ today. Overall stock prices ended a two-day skid and the indexes posted decent gains. The Dow and S&P 500 indexes were up 0.39 percent and…

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