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NextGen Magazine

 
 

  • Out of the Frying Pan, Into the Fire: Students With Forgiven Debt Face Looming "Tax Bomb"

    By:
    Chris Gaetano
    |
    Jun 25, 2018
    Since 2007, certain students have taken advantage of "income-driven repayment plans" allowing them to spend about 25 years paying off what they can from their school loans before the remaining sum is forgiven. While this is certainly a load off their backs, the Wall Street Journal notes that it could lead to them replacing their student debt problem with a tax problem, as the loan forgiveness counts as income. 
  • The 5 Questions Interviewers Ask to Make You Sweat

    By:
    Chris Gaetano
    |
    Jun 22, 2018
    Certain questions, in the context of a job interview, are meant to clarify and expand on information in your resume. But others are deliberately meant to test your reaction and see whether you get tripped up while answer. What are some of these questions and how do you deal with them? 
  • Man Fired From Job By Robot, Humans Unable to Intervene

    By:
    Chris Gaetano
    |
    Jun 21, 2018
    In yet one more sign that robots are slowly but surely taking over the entire economy, a computer programmer was accidentally fired by an automated system, and when he pointed out the mistake to his fellow humans, they found they were unable to reverse the decision. 
  • What Exactly Do People Mean When They Talk About Company Culture?

    By:
    Chris Gaetano
    |
    Jun 20, 2018
    "Culture," especially in the context of a company, can seem to be one of those words that function as a sort of Rorschach test where lots of people interpret it to mean all sorts of different things, sometimes without even knowing other people see it differently. 
  • On Crying at Work

    By:
    Chris Gaetano
    |
    Jun 19, 2018
    Bad things can happen at work just as they can happen anywhere, and sometimes when bad things happen, we cry. This can be an embarrassing situation that can impact a worker's reputation at the office. A study found that, while crying at work is generally not approved of, certain scenarios are more acceptable than others. 
  • Study: Millennials Worst Tippers of All Age Groups

    By:
    Chris Gaetano
    |
    Jun 18, 2018
    A recent study has found that people aged 18 to 35, generally called "Millennials," are the worst tippers out of any other age group. 
  • Study Finds Gay People Face Glass Ceiling to Upper Management

    By:
    Chris Gaetano
    |
    Jun 15, 2018
    A study from Germany's IZA Institute of Economics says that gay people are less likely to be promoted than straight peers of comparable experience and education. 
  • Black Woman-Led Startups More Than Doubled in Two Years, But Funding Difficult to Come By

    By:
    Chris Gaetano
    |
    Jun 14, 2018
    The number of startups founded by black women has increased by more than 2.5 since 2016, indicating rising levels of entrepreneurship, but access to funding remains a challenge, as few are able to get more than $1 million in venture capital funding. 
  • Jeremy Grantham, of Investment Management Firm GMO, Says Capitalism Cannot Save Us From Climate Change

    By:
    Chris Gaetano
    |
    Jun 13, 2018
    Jeremy Grantham, the founder and chief investment strategist at Grantham, Mayo, Van Otterloo & Co. LLC, said that climate change will be the biggest challenge humanity faces in the coming years, and said the capitalist economic system is unequipped to meet that challenge. 
  • Study Finds Female CEOs Do Best When Promoted from Within, Groomed for Position

    By:
    Chris Gaetano
    |
    Jun 12, 2018
    A recent study looked at every large company CEO succession between 1989 and 2009 and found that female CEOs are most likely to get positive financial results within three years when promoted from within and have spent many years being groomed for the position. 
  • Beyond Financial Impact, Study Finds Student Debt Exacting Emotional Toll on Borrowers

    By:
    Chris Gaetano
    |
    Jun 11, 2018
    While much has been made of the enormous financial burden placed on student loan borrowers, a recent study has found that the stresses of keeping up with payments is creating emotional difficulties on them as well. 
  • Swiss Referendum Proposes Bold Experiment: Banks Can't Create Money

    By:
    Chris Gaetano
    |
    Jun 8, 2018
    An upcoming referendum in Switzerland proposes a novel way to approach monetary policy: Commercial banks would no longer be able to create money. That responsibility would be the central bank's alone. 
  • Why Your Parents Might Not Be the Best Source for Financial Advice

    By:
    Chris Gaetano
    |
    Jun 7, 2018
    While your parents mean well, taking financial advice from them about things like where to put your retirement savings may not be the best idea. 
  • PwC Expands Leadership, Adds 233 New Partners and Principals

    By:
    Chris Gaetano
    |
    Jun 6, 2018
    Big Four firm PwC has been briskly expanding its leadership team over the past few years, and 2018 is no exception: It recently announced that it will be adding 233 new partners and principals. 
  • Study: Nearly All Workers Want Job Flexibility, Fewer Than Half Have It

    By:
    Chris Gaetano
    |
    Jun 5, 2018
    A recent study has found  that while pretty much everyone wants more flexibility on the job, fewer than half of people actually have it. 
  • Tempering Expectations that Blockchain Can Fix Everything

    By:
    Chris Gaetano
    |
    Jun 4, 2018
    A hammer is a wonderful, versatile tool that can be used for many different things. However, virtually all these applications involve hitting something with it. Need to pound down a nail? Flatten a chicken breast? Knock a knight off his horse? A hammer is your best bet. But turning a screw? Falling in love? Balancing monetary policy to prevent runaway inflation? These are situations where a hammer really will hurt more than help. Now, similarly, blockchain holds a great deal of promise to be a wonderful and versatile tool of its own. Not only does it enable cryptocurrencies like bitcoin, serious players are looking to use it for securities transactions, real estate records and contract negotiations. 

    See where we're going with all this? 
  • Survey: Male UK Board Members Don't Think Discrimination Explains Low Numbers of Women on Boards

    By:
    Chris Gaetano
    |
    Jun 1, 2018
    While a lack of female representation on corporate boards is a truism throughout nearly every western economy, a recent survey of male board members in the United Kingdom shows that they don't believe discrimination to be the cause. 
  • Corporate Debt Now Exceeds Pre-Crisis Levels

    By:
    Chris Gaetano
    |
    May 31, 2018
    Companies across the world have taken on increasing amounts of debt as their CFOs take advantage of historically low interest rates and strong investor demand, raising corporate debt levels even higher than they were before the financial crisis.
  • Remote Work a Growing Worldwide Phenomena

    By:
    Chris Gaetano
    |
    May 30, 2018
    As the global economy becomes increasingly intertwined with the Internet, the number of people performing their jobs remotely around the world has grown, with over 70 percent telecommuting at least one day a week. 
  • Study: BS Occurs Most When Speaker Is Under Pressure to Form Opinion Before Easy Audience

    By:
    Chris Gaetano
    |
    May 29, 2018
    While it's generally uncontroversial to think that the world is awash in B.S., a recent study looked into what sorts of conditions encourage its growth and found that it's when people feel obligated to give an opinion before an audience they don't think will scrutinize them too deeply.