facebook-icotwitter-icogoogle-icorss-ico
connectsubscribearchives
Log in

Business

The ABCs of bonds

The ABCs of bonds

MONEY MATTERS Bonds are issued by federal, state, and local governments; agencies of the U.S. government; and corporations. There are three basic types of bonds: U.S. Treasury, municipal, and corporat

Read more...

Dessert bar owner hits home with entrée cupcakes

Dessert bar owner hits home with entrée cupcakes

Local food artisan and owner of Haute Monde dessert bar Fran'Kel Mosley showcased her modernized twist on simple finger food at a Groupon food tasting hosted at The New Tri-State Defender's office on Sunday, June 21st.

The hit of the afternoon came when Mosley introduced her new line of "savory" entrée cupcakes. Presented as a twist on the traditional American Sunday dinner, the guests quickly lined up for an imaginative way of enjoying meat loaf and mashed potatoes, chicken and dressing with sweet potatoes, and especially table favorite (and crowd pleaser), macaroni and cheese. Yep, homemade macaroni & cheese baked in a cupcake mold, as a side dish to the main courses.

Read more...

  • Written by Tony Jones

Target-date funds keep retirement in sight

Target-date funds keep retirement in sight

MONEY MATTERS At the end of 2011, more than half of all recently hired 401(k) participants owned target-date mutual funds. When a worker is auto-enrolled, a target-date fund is often the default investment for retirement plan contributions.

Target-date funds are hybrid mutual funds that generally include a mix of assets (stocks, bonds, and cash alternatives) that automatically shifts as the account holder ages.

The target date is the approximate date when an investor plans to withdraw his or her money – typically the year when he or she expects to retire (such as 2030, 2040, or 2050). The further away the date is, the greater the risks that the target-date fund usually takes. The mix of investments generally becomes more conservative as the date grows closer. The "glide path" is a formula that determines how the asset mix will change over time.

Read more...

Entrepreneurship: An upside to a downsize

Entrepreneurship: An upside to a downsize

Layoffs, downsizing and restructuring have been felt by many nationwide. While the experience is rarely pleasant, the result can be life changing in a positive way if a successful, thriving business is the end product.

Across the country, entrepreneurs have taken lemons and made lemonade. From bed and breakfasts to cider companies, these former employees decided to become the employers in creative businesses that set them apart from others.

Our Town America

After working in corporate America for over 30 years, at 60 years old Su Hartung was laid off after a company buyout. Putting her experience in sales and marketing to great use, she purchased an Our Town America franchise in DeKalb, Ill. The franchise provides other businesses an avenue to market to new folks in the neighborhood.

Read more...

How to get a job out of college

How to get a job out of college

Prepare your resume

To write a good resume, gather information on your graduation status, skills, volunteer work, internships, and job experience that would be relevant to prospective employers. Also, consider customizing your resume and its layout for each job opportunity, so that your relevant work experience, education, and abilities are noticeable for the reader. It's also a good idea to closely review your resume for spelling and grammatical errors.

Take advantage of your college career center before you graduate

Read more...

  • Written by CNN

Real Times Media & Interactive One Studios now digital partners

Real Times Media & Interactive One Studios now digital partners

DETROIT – Real Times Media (RTM), which includes the nation's largest African American-owned newspaper and digital media operation, has signed on as the latest partner of Interactive One Studios, a division of Interactive One.

Interactive One assists external brands with developing highly profitable digital businesses through world-class sales, platform, content and distribution services. Real Times, the parent company of The New Tri-State Defender, is a multimedia company focused on urban news and entertainment.

Read more...

State’s only MBDA Business Center celebrates first anniversary

The Minority Business Development Agency (MBDA) Business Center kicks off the celebration of its first anniversary at 10 a.m. on Friday (July 19) and its operator – the Memphis Minority Business Council (MMBC) Continuum is signaling success.

The MBDA, a division of the U.S. Department of Commerce, helps create and maintain U.S. jobs. It does so by "promoting the growth and global competitiveness of minority businesses through access to capital, new markets, contracts and strategic business consulting." The Memphis Business center, located at 158 Madison Ave., Suite 101, was the first in the state.

The MMBC Continuum reports that over the past year (April 2012 to March 31, 2013) the MBDA center had 61 clients that produced $27.7 million dollars in contracts and created and retained 251 jobs.

Read more...

Entrepreneurship: When it becomes time to say ‘S.O. What!’

Entrepreneurship: When it becomes time to say ‘S.O. What!’

ON OUR WAY TO WEALTHY: After six years as a FedEx marketing specialist advisor, Summer Owens is guiding her own creation – the S.O. What! Foundation – as she pursues life after layoffs, downsizing and retirement. The foundation's goal is to help people achieve success regardless of their circumstances.

Carlee McCullough: Tell us about the non-profit you established.

Summer Owens: The S.O. What! Foundation ... provides support, information and resources to various groups who are determined to overcome their obstacles. The S.O. What! Foundation will hold comprehensive and interactive conferences, retreats and workshops for different groups, including teen moms, single moms, boys without fathers, college students teen girls and more. On July 26-27, we will hold the first S.O. What! overnight retreat. This one will be for teen moms. We will focus on the issues they need to deal with to become better young women so that they can be better mothers. The S.O. What! Foundation will also offer scholarships and mentoring programs.

Read more...

Subcategories