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Workers see their paychecks get smaller as inflation continues to rise

Worker paychecks in July actually declined when accounting for inflation, according to Labor Department figures. On a year-over-year basis, wages were essentially flat in real terms, dragged down by price pressures from housing costs and other areas. The lag in wage growth comes while most other areas of the economy are performing well. While the rest of the economy pointed higher in July, American workers took a step backwards. Hourly and weekly earnings languished when factoring in the rise in cost of living, according to figures the Labor Department released Friday. Average weekly earnings actually decreased 0.2 percent over the one-month period and increased only fractionally from the same period a year ago. Average hourly earnings were unchanged over the month and actually two cents l...

Tech billionaire, Wells Fargo heir’s ex busted for drug trafficking

Henry T. Nicholas III was arrested in a Las Vegas resort-casino with Ashley FargoLVMPD Tech billionaire Henry T. Nicholas III was arrested on drug trafficking charges this week at a Las Vegas Strip casino-resort — alongside the ex-wife of an heir to the Wells Fargo fortune, according to new reports. Nicholas III, 58, was busted Tuesday on suspicion of trafficking heroin, cocaine, meth and ecstasy, Las Vegas police officer Larry Hadfield told CBS News. When Nicholas couldn’t get into his room at the Encore, security assisted him and found Ashley Fargo — the ex-wife of Brian Fargo, an heir to the Wells Fargo fortune — passed out with a semi-deflated balloon in her mouth, TMZ reported. Paramedics were able to revive her. Security found canisters of nitrous oxide in the room — and a further se...

How to Connect With Influencers and Famous People

The best way to talk to tastemakers is to provide value. Photo: Entrepreneur Network The art of connecting with influencers and “high profile” people is not always easy — but having the ability to speak with interesting personalities can lead to some terrific content generation. In this video, Entrepreneur Network partner Jeff Rose talks with his friend Jordan Harbinger about how he started his podcast, The Jordan Harbinger Show. In the beginnings of the podcast, Harbinger would leave recordings, burned to CDs, of his podcast in public places and restaurants. In the end, he converted these podcasts to mp3s and he was able disseminate his work to more people. Fostering connections is also important to Harbinger. The entrepreneur frequently sends out a message to those in h...

China slaps retaliatory tariffs on $16 billion of U.S. goods

The game of trade war “chicken” heats up — but Chinese exports continue to rise. by Ben Popken / Aug.08.2018 / 1:58 PM ET A container ship prepares to depart port in Long Beach, California, on July 16.Mike Blake / Reuters file.  China struck back Wednesday at the U.S. with $16 billion in retaliatory tariffs, exactly matching President Donald Trump’s latest escalation in the ongoing international trade war. The Chinese Ministry of Commerce declared a 25 percent levy on certain U.S. goods, including coal, crude oil, automobiles, motorcycles and scrap metal. The move follows the U.S. Trade Representative’s office publishing its final list on $16 billion in Chinese goods, effective Aug. 23. That comes on top of $34 billion in tariffs against China already in effect, bri...

China Retaliates With New Tariffs as Trump’s Trade War Escalates

President Xi and President Trump. Photo: Fred Dufour/AFP/Getty Images China, as promised, officially announcednew retaliatory tariffs on U.S. goods on Saturday, claiming that the Trump administration had “launched a trade war” with Friday’s imposition of 25 percent tariffs on some $50 billion worth of Chinese exports. China’s Commerce Ministry released a statement early Saturday morning insisting the country did not want a trade war, but would nonetheless “fight back vigorously” now that the U.S. is starting one. “We will immediately launch tariff measures that will match the scale and intensity of those launched by the United States,” the ministry said, announcing its own 25 percent tariffs on $50 billion worth of U.S. exports. China says its tariffs will follow the same time line as the ...

Start Your Mornings Off Right

You’ll wake up for about 25,000 mornings in your adult life, give or take a few. According to a report from the World Health Organization, the average life expectancy in the United States is 79 years old. Most people in wealthy nations are hovering around the 80–year mark. Women in Japan are the highest, with an average life expectancy of 86 years. If we use these average life expectancy numbers and assume that your adult life starts at 18 years old, then you’ve got about 68 years as an adult. (86 – 18 = 68) Perhaps a little less on average. A little more if you’re lucky. (68 years as an adult) x (365 days each year) = 24,820 days. Once I realized this, I started thinking about how I could develop a better morning routine. I still have a lot to learn, but here are some strategies that you ...

50 Moneymaking Startup Business Ideas

50 Moneymaking Startup Business Idea 2018 You Can Start on Your Own! ” /> Money can’t buy happiness But money is a must needed thing in life. you may still unsure about what career or path to choose to make money. Maybe you want to setup to your own business but there are millions of entrepreneur in the market. Don’t get confused we have come up with profitable unique startup business ideas to try on and worth taking the risk. Today, millions of people desire to start their own business, leaving the traditional 9 to 5 job. Most of the people in this world have to chase two or three carriers during their work life. While getting relieved from their first job, people often think to start their second job from home, and the good news is that it is within the reach of any individual, ...

30 Amazing Startup Business Ideas That’ll Make You Money in 2018

” /> With so many startup business ideas in 2018, it can be hard to figure out which is worth pursuing. You’ll want to create a store in a niche that’s not only profitable but also great for the long-term. You may notice that a lot of the business ideas on this list have been growing in popularity recently. While jumping on a new trend can sometimes be risky – it can also be highly rewarding. Some of the ecommerce business ideas on this list have always been popular for a long time making it more competitive but less risky. However, all the niche examples on this list will help make you money. Also, I helped put together this new video that outlines 10 new online business ideas that’ll make you money in 2018 – feel free to check this out as well: Post Contents #1: Selfie Drones – ...

Promoters, This Is How You Should Use Instagram To Sell More Tickets

Instagram is without a doubt one of the strongest promotion tools on the Internet. With its easy-to-use and pleasing to the eyes interface, it is statistically the best and most used photo sharing platforms and apps in the world. As a promoter, you want to showcase your events and sell it to potential attendees — not just in your immediate market area but far beyond it also. Instagram let’s you do that. The right picture or video paired with matching captions and hashtags allow you to pick up more ticket-buyers than you could have previously reached. But are you using Instagram as a marketing tool correctly? We have prepared a few tips to let you maximize Instagram to its full potential, with the aim of hopefully raising more ticket sales. Promoters, this is how you should use Instagram to...

Don’t believe the hype

These Rappers Are Not Rich, Bro Rap is deeply rooted in outspoken, unapologetic braggadocio, but the extravagance that comes with the entertainment is often misleading. The pilot episode of NBC’s The Fresh Prince of Bel-Air premiered on September 10, 1990. Will Smith—the star of the series—was new to acting, but acclaim as a prominent rap artist made the Philadelphia native a household face before the sitcom first aired. Two years prior to his debut on network television, Smith and his partner-in-music Jeff Townes released their sophomore album, He’s the DJ, I’m the Rapper, as DJ Jazzy Jeff & The Fresh Prince. At the time, it was the highest-selling hip-hop album to date. Selling three million albums gifted the duo plaques made of platinum, and winning hip-hop’s first GRAMM...

Papa John had a bad day – losing everything

How was your Wednesday? It was likely better than that of Papa John’s Pizza founder John Schnatter, who resigned from just about every position he still held after it emerged that he used the n-word during a [checks notes] sensitivity training session. According to a Forbes report, last month Papa John took part in a conference call with a marketing agency brought in to prevent Papa from shooting himself in the foot again, as he did in November when he claimed that NFL player protests were hurting his pizza sales and [checks notes again] “white supremacists praised Schnatter’s comments.” Papa soon stepped down as CEO and the NFL ended its sponsorship deal, but the damage was done. ADVERTISEMENT In June’s conference call, Papa was asked “how he would distance himself from racist groups onli...

Hashtags the invaluable tool for marketing

The Ultimate Guide to the Best Instagram Hashtags for Likes ” /> Instagram is a great marketing platform which ecommerce entrepreneurs can use to help grow their ecommerce businesses. It doesn’t matter whether you’re just getting started with your store, or if you’re already making thousands in revenue every month, Instagram is a valuable tool that you can use to your advantage. Instagram is a free social media platform that can be used for a variety of different functions when you’re using it for your ecommerce business. You can promote your latest products, acquire new customers, or even communicate directly with your existing ones. Instagram has reached 800 million monthly active users. This presents an ideal opportunity for businesses to market their products to a huge audienc...