Wealth

People shop at a Los Angeles retail outlet on Jan. 28, 2022. FREDERIC J. BROWN | AFP | Getty Images High inflation overshadowed a big increase in wages over the past year, amounting to a nearly 2% smaller paycheck for the average worker, according to federal data published Thursday. Employers have raised wages at about
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Peloton’s new CEO is joining the fitness company at a difficult time. Exercise bike sales are slowing, stock price is declining and takeover rumors are swirling. On Tuesday, the company announced plans to cut 20% of its corporate positions. But new chief executive Barry McCarthy has a history of helping transform companies. McCarthy, 68, is
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After 13 years on ABC’s “Shark Tank,” Kevin O’Leary has learned a few things about what makes a great pitch. The obvious ones, he says, are to speak concisely and explain how your skillset benefits your business. But there’s something more crucial that many CEOs miss, he says: showing an understanding of the business’ finances,
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Job hunters have the upper hand in the current competitive job market, and Kevin O’Leary says they should make sure to take advantage. With employees quitting their jobs at record rates and employers competing to hold onto top talent, the “Money Court” judge and O’Shares ETFs chairman tells CNBC Make It that now is a
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Rihanna, the singer and CEO of Fenty Beauty, may not have a lot in common with former Twitter CEO Jack Dorsey. But the two entrepreneurs have found common ground in philanthropy, using their wealth to support people left vulnerable by climate change. This week, Rihanna’s Clara Lionel Foundation (CLF) joined forces with Dorsey’s #StartSmall initiative
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