Insider Liz Elting cofounded the translation-service company TransPerfect. NYU Stern Liz Elting cofounded the global translation firm TransPerfect in 1992 and was co-CEO for 26 years. One of her goals was to make her company an employer of choice in the industry. She said culture, training, and incentives are key to retaining employees. This article…
Monthly Archives: November 2022
Fed Chair Jerome Powell, Sen. Elizabeth Warren Chip Somodevilla/Getty Images, Kevin Dietsch/Getty Images Sen. Warren slammed the Federal Reserve for risking “pushing our economy off a cliff.” She disagreed with the Fed’s strategy to aggressively hike interest rates to fight inflation. Continuing to raise rates could push the economy into a recession and cause job…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Older Americans tend to have more cash in the bank than younger…
House Speaker Nancy Pelosi of California speaks on the House floor at the Capitol in Washington Thursday, November 17, 2022. Carolyn Kaster/AP Photo House Speaker Nancy Pelosi announced she’s stepping down from leadership after two decades. She mentioned she ‘enjoyed’ working with three presidents: Bush, Obama, and Biden. She didn’t mention Trump. Pelosi oversaw both…
Illustration photo displaying FTX’s logo. OLIVIER DOULIERY/AFP via Getty Images Singapore’s state-funded investment firm is writing down its entire investment in FTX following the crypto exchange’s implosion. Temasek invested $275 million in FTX over two funding rounds. It called its belief in FTX founder Sam Bankman-Fried “misplaced.” Singapore’s state-owned investment company is writing down its…
LaTonya Turnage in front of Elite Secrets Bridal. SHair Photography LaTonya Turnage runs a full-service bridal boutique in Baltimore, Maryland, that she started in 2015. She launched it after 15 years in marketing and with her own savings. She says networking and focusing on good branding helped her attract clients. This as-told-to essay is based…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Credit cards are generally safer than debit cards, as long as you…
Sun Country’s new livery. IAC Aircraft Painting Sun Country Airlines will fly 15 nonstop routes from Minneapolis-St. Paul International Airport to new and returning destinations. The route expansion resumes service to JFK for the first time since 2019. Sun Country operates 120 routes to more than 90 destinations but is one of the smaller US…
President Joe Biden and House Speaker Nancy Pelosi at the Capitol on January 6, 2022 in Washington, DC. Photo by Stefani Reynolds-Pool/Getty Images President Joe Biden heralded Nancy Pelosi as “the most consequential” House speaker in US history. Pelosi announced she will not seek re-election to her leadership post but will continue to represent her…
Adobe stock As prices rise, so does anxiety among millions of US consumers. For the first time in decades, inflation is wreaking havoc on the economy, with the annualized inflation rate in September surpassing 8%. Rising prices — and the Federal Reserve’s periodic increases in interest rates as a result —are expected to remain in…