Author: prosperplanetpulse.com
Opinions expressed by Entrepreneur contributors are their own. We all look forward to sunny summer days and a dip in the pool, but the inevitable drop in sales between June and August can be stressful for business owners.According to a 2023 survey, two-thirds of B2B companies experienced a sales slump over the summer, with about 75% of affected companies reporting a sales drop of more than 20%. Additionally, one in five companies reported a drop of more than 40%.If you’re in an industry that expects a summer sales slump, here’s how you can tackle the problem head-on and come out…
A housing market crash occurs when home prices plummet due to a lack of demand or an oversupply of housing. Housing market crashes can occur for a variety of reasons, including a severe recession or depression that causes homeowners to lose their jobs, high mortgage interest rates that make homes unaffordable, or an oversupply of homes that buyers don’t want or can’t afford.During the last housing market crash, home prices fell more than 15% in 2008 compared to 2007, according to the S&P/Case-Shiller Home Price Index.learn more: Is now a good time to buy a house?In the article:When will the…
But he wasn’t ready to give up on his White House dream just yet. After Sen. John Kerry lost the presidential election to George W. Bush in 2004, Jill knew he was thinking about running again, Biden writes. “But we never really talked about it.” Then, around Christmas time that year, Jill brought it up, and they had a family meeting while all the kids were playing.The night before the meeting, Biden had trouble sleeping, pacing around the house, anticipating what his family would say the next morning: “Remember how they treated you in 1987? Why incur more pain and…
The gravity-defying jobs market has finally returned to reality.Employers added 206,000 jobs in June, reflecting a gradual cooling in the labor market in the first half of 2024 and the latest sign that the U.S. economy is slowing after four years of rapid growth.Meanwhile, the unemployment rate rose slightly to 4.1%, the highest level in a year and a half, the Bureau of Labor Statistics said on Friday. The unemployment rate for women and black workers rose slightly in June, while the jobless rate for Asian workers rose even more.Rising unemployment has been expected for some time, because workers are…
This Side Hustle Spotlight Q&A features Valentina Zapata, 27, a Las Vegas-based entrepreneur and founder of The Shoe Game Co. Zapata turned her side hustle into a full-time job reselling sneakers, making more than $500,000 a month. Answers have been edited for length and clarity.What was your day job (or other source of income) when you started your side hustle?I was a life insurance broker.When did you start your side hustle and what inspired you to start one?It was in the post-pandemic era, and my girlfriend actually encouraged me to start it again as a side hustle, something positive to…
UKG, a historic, privately held software company based in Weston, plans to lay off 14% of its estimated 15,000 employees, or about 2,200 people, its chief executive told employees on the eve of the Fourth of July.”We are announcing several organizational changes that will allow us the flexibility to aggressively focus on key areas of growth and aggressively invest in important new areas,” Chief Executive Officer Chris Todd said in an email early Wednesday. “These changes mean we have made the difficult decision to say goodbye to approximately 14% of our colleagues. Our number one priority in these changes is…
Earlier this year, around the time a prosecutor called President Biden a “well-intentioned old man with a bad memory,” Vice President Kamala Harris already knew something had to change.She told allies that it was up to her to finally rise to prominence in a job she had toiled away in for more than two years and reassure American voters that the Biden-Harris combination remained a safe bet. One adviser said she had felt alienated early in the campaign and had wanted a bigger role.She broke out of her Washington bubble and embarked on an ambitious travel schedule, making more than…
Opinions expressed by Entrepreneur contributors are their own. Ten years ago, when my two co-founders and I started our video production company, I honestly didn’t think it would be a success. We’d tried to start a few companies before, but deep down, we knew this one would end up like every other one: We’d wait a few months and then go back to looking for work.Though we started making money and getting deals, it took a while for our early success to feel “real.” Though we had cash flow, we were working out of our apartment, interviewing people in the…
Stocks that traded heavily or had large price changes on Friday: Amazon and Macy’s up, Robinhood Markets and APA downJuly 5, 2024 12:52 PM ET• 2 min readNEW YORK — Stocks with heavy trading volume or big price changes on Friday: Amazon.com (AMZN), up $2.33 to $199.92.The online retail giant will take a minority stake in the company as a result of HBC’s acquisition of Neiman Marcus Group.Macy’s (M), up $1.64 to $19.57.Arkhouse Management and Brigade Capital Management have reportedly increased their takeover bid for the department store chain.Barrick Gold Corp. (GOLD), up 30 cents to $17.60.Shares of gold and…
Market News Midday Cash Livestock Market Cash beef trading regions saw activity pick up a bit as of midday, with prices in the South trading at $190/kg, exactly the same as last week’s weighted average. Some asking prices were steady around $192/kg in Kansas and Texas, and $315/kg in Nebraska and Iowa. Packer inquiries should continue to improve as the day progresses. Beef cutouts were up midday with slight to moderate box movement. Choice rose $1.02 to $330.86 and Select rose $1.62 to $306. The Choice/Select spread was $24.86. At Joplin Area Farms in Missouri, feeder steers sold at the…