REUTERS/Brian Snyder The American economy expanded at a slower pace than initially thought in the second quarter. The Commerce Department estimated Thursday that gross domestic product, a measure of all the goods and services produced in a country, rose 2% between April and June. The results dimmed the prospect that the White House would reach […]
Do Influencers Need to Tell Audiences They’re Getting Paid?
In some cases, disclosure might make people trust them more. Source: Harvard Business Review – Alice Audrezet
Starbucks has finally put a modification limit on its app, cutting back on disgusting drinks that made baristas’ jobs harder (SBUX)
Hollis Johnson Starbucks is limiting how many pumps of the same syrup or scoops of a single fruit can be added to drinks ordered on its mobile app. At the end of July, Starbucks updated its app to prevent customers from adding the same "modifier," like syrups, purées, or espresso shots, to a drink more […]
The US is seriously considering issuing ultra-long bonds of up to 100 years — but Wall Street might not have the appetite for them
Alex Wong/Getty Images The Trump administration is contemplating issuing ultra-long bonds with 50 or 100 year maturities, Treasury Secretary Steven Mnuchin told Bloomberg News in an interview late Wednesday. Mnuchin said Trump administration officials are completing an intensive review of the debt option, and that’s its under "very serious consideration." The Treasury might be looking […]
I interviewed over 200 millionaires, and about half of them followed the same straightforward path to wealth
Hero Images/Getty Images In my Rich Habits research, I interviewed 233 wealthy individuals with at least $160,000 in annual gross income and $3.2 million in net assets. I found that almost exactly half of the millionaires I spoke with followed the same path to wealth: They lived below their means, saved consistently, invested those savings, and […]
Here’s how Varo’s No Fee Overdraft feature could attract more users
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. Varo Money has announced a new feature, dubbed No Fee Overdraft, that allows users to take out an overdraft of up to $50 without having to pay […]