Elon Musk’s career advice for young people: Don’t ‘try to be a leader for the sake of being a leader’

When he’s not pontificating about missions to Mars, self-driving cars and freedom of speech on Twitter, Elon Musk has some surprisingly practical career advice for young people. On a December 2021 episode of the “Lex Fridman Podcast,” hosted by MIT computer scientist Lex Fridman, the Tesla and SpaceX CEO recommended that young people should never…

Inflation jumped by 9.1% in June, the fastest since 1981. How does your ‘personal inflation rate’ compare?

Grocery shopping in Rosemead, California on April 21, 2022. Frederic J. Brown | Afp | Getty Images Inflation jumped to a new 40-year high in June, the U.S. Bureau of Labor Statistics reported Wednesday. That means the prices Americans pay at the gas pump, grocery store and elsewhere have been rising much faster than normal this year. That…

Tax Reform Options to Improve Wisconsin’s Competitiveness

Key Findings Over the past two years, a wave of tax reform has swept the country, with a historic number of states improving their tax competitiveness by reducing income tax rates and enacting flatter structures. Since 2019, Wisconsin has made improvements to its three lowest marginal individual income tax rates, but its top marginal rate…

Four cases lawyers for Twitter and Elon Musk will be examining as they head to court

In this article TWTR SpaceX founder Elon Musk reacts at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019.  Mike Blake | Reuters After…

Chinese companies are going global as growth slows at home

Miniso opened its first flagship store in New York City’s SoHo in February 2022. Miniso BEIJING — Some Chinese consumer brands are looking for growth overseas, in markets like the U.S. and Southeast Asia. Take Miniso, a Guangdong-based seller of toys and household products. Sometimes called China’s Muji, Miniso opened a flagship store in New…

The euro is near parity with the U.S. dollar: Here’s how travelers can take advantage of the exchange rate

A customer reaches down to pick up a bottle of water from a street vendor in Paris on June 17, 2022. Stefano Rellandini | Afp | Getty Images The value of the euro relative to the U.S. dollar has sunk near a two-decade low — and that’s good news for Americans traveling to Europe this…

Here are the nominees for the major Emmy categories — ‘Succession’ and ‘Ted Lasso’ lead the field

Logan Roy, played by Brian Cox, at his daughter’s wedding reception on season 1 of HBO’s Succession. Colin Hutton | HBO Can the Roy family win yet another high-stakes competition with brutal rivals? HBO’s lacerating drama “Succession” on Tuesday earned 25 nominations for the 74th annual Emmy Awards, the most of any series. It’s squaring off…

Singapore’s state-owned investor Temasek reports record portfolio value

A signage for Temasek Holdings is displayed during a news conference following the company’s annual review in Singapore on July 9, 2019. Bryan van der Beek | Bloomberg | Getty Images SINGAPORE — Temasek Holdings reported Tuesday that the net value of its portfolio grew to $286.48 billion (403 billion Singapore dollars) at the end…

Stock futures are flat with all eyes on June’s inflation report

Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Stock futures were little changed in overnight trading on Tuesday as investors awaited a key inflation report that is expected to show a fresh high. Futures on the Dow Jones Industrial Average edged up 18 points. S&P 500 futures and Nasdaq 100 futures…

Op-ed: The toughest challenges for cryptocurrency lie ahead, not in the rear-view mirror

More than a third of millennials and half of Generation Z would be happy to receive 50% of their salary in cryptocurrencies, revealed a study. Srdjanpav | E+ | Getty Images With more than $1 trillion in cryptocurrency value wiped out since the 2021 high-water mark, many investors may be tempted to enter the cryptocurrency…

70% of Americans think a recession is coming: Here’s what they are doing to prepare

Woman on her back pushing shopping cart in supermarket aisle David Espejo | Getty Images Experts are weighing the odds as to how likely a recession is and how fast it could come upon us. Most Americans — 70% — already believe an economic downturn is on its way, according to a new survey from…