Posted in Personal

Here’s What Shoppers Will Care About Most

Click here to read the full article.

After a difficult year, the holiday season will be a critical period for brands and retailers looking to recoup lost revenue. In order to see success, the 2020 Holiday Retail Report from Klarna says that companies should be focusing on tailoring the in-store and online experiences to consumers’ specific preferences.

“The holiday 2020 season will look very different this year, and brands that start planning for it now will be best prepared to meet their customer needs and make up for losses from the pandemic,” said David Sykes, head of U.S. at Klarna. “Data from our survey reveals that 68% of consumers plan to start shopping by Cyber Monday.”

More from Footwear News

A majority of consumers were found to desire a seamless transition between e-commerce and brick-and-mortar channels, with 59% expecting to see the same items available at both destinations. Many customers

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Posted in Personal

Virgin Galactic shows off passenger spaceship cabin interior

LOS ANGELES (AP) — Passengers flying Virgin Galactic on suborbital trips into space will be able to see themselves floating weightless against the backdrop of the Earth below while 16 cameras document the adventures, the company said Tuesday.

Highly detailed amenities to enhance the customer flight experience were shown in an online event revealing the cabin of the company’s rocket plane, a type called SpaceShipTwo, which is undergoing testing in preparation for commercial service.

There are a dozen windows for viewing, seats that will be customized for each flight’s six passengers and capable of adjusting for G forces, and, naturally, mood lighting.

Yet designer Jeremy Brown said the passengers’ most lasting impression may come from a large mirror at the rear of the cabin.

“We think that there’s a real memory burn that customers are going to have when they see that analog reflection of themselves in the back of

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Posted in Insurance

Aspiration Review: The big bank alternative

Aspiration defies easy labels. It’s almost like this financial company is daring you to categorize it.

It’s not a bank, though it offers accounts that are sort of like checking accounts, sort of like savings accounts. Plus, it has debit cards, offers better-than-the-usual interest, provides cash back and has a do-gooder vibe.

The MoneyWise editorial team developed a grading system — taking into account fees, features and other factors — to prescribe the four-star rating shared in this first-person review. The opinions and writing in this article are solely my own, conveying my experience with Aspiration as a product. Other customer’s outcomes may differ.

MoneyWise Rating: 4 stars (out of a possible 5)

Courtesy of Aspiration Partners, Inc.

As a customer with one of the “Spend & Save” accounts, I’d use quirky to describe Aspiration, and I mean that in a good, likable way. Fees are voluntary, the debit

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Posted in Finance

Everything you need to know

The heads of four of the largest tech companies in the world are scheduled to sit before the House Judiciary Committee on Wednesday for what is expected to be the blockbuster event of the summer. 

Amazon (AMZN) CEO Jeff Bezos, Apple (AAPL) CEO Tim Cook, Facebook (FB) CEO Mark Zuckerberg, and Google-parent Alphabet (GOOG, GOOGL) CEO Sundar Pichai will be met with a barrage of questions from the 13 members of the Subcommittee on Antitrust, Commercial and Administrative Law ranging from their market power to the lengths they go to hold on to that power.

It’s expected to be one of the most important antitrust hearings in decades and could have broad implications for the tech titans and their businesses. But the hearing is also just one piece of a multipart effort on behalf of states and the federal government to determine if Big Tech has finally gotten too big

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Posted in Money

Miami Man, 29, Spent PPP Money On Lamborghini: Feds

MIAMI, FL — A 29-year-old Miami man has been accused of using $3.9 million in Paycheck Protection Program money to buy a $318,000 Lamborghini Huracan for himself and make other lavish purchases.

David T. Hines, 29, of Miami, Florida, was charged with one count of bank fraud, one count of making false statements to a financial institution and one count of engaging in transactions in unlawful proceeds.

“The complaint alleges that Hines sought approximately $13.5 million in PPP loans through applications to an insured financial institution on behalf of different companies,” federal prosecutors said. “The complaint alleges that Hines caused to be submitted fraudulent loan applications that made numerous false and misleading statements about the companies’ respective payroll expenses. The financial institution approved and funded approximately $3.9 million in loans.”

U.S. Attorney Ariana Fajardo Orshan of Miami announced the charges Monday along with Acting Assistant Attorney General Brian C. Rabbitt

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Posted in Personal

An Expert Guide To Buying & Styling Affordable Art For Your Home

Art is an immense and relative term, making it either a dream or a nightmare for those attempting to navigate it on a buyer’s level. Regardless of if you’re deciding where to hang a print, debating whether or not to pull the trigger on a first acquisition, or still wondering where the hell to even start your search, the artwork-purchasing process can feel like a tremendous endeavor — but, you don’t need to feel intimidated by it. We tapped experts across the online art-space to break down any stigmas still surrounding researching, buying, and home-styling quality pieces as beginners on a budget.

We’ve come a long way from an art world that once felt accessible to insiders only; today the influx of online galleries allows both buyers and artists all around the globe to seamlessly connect across a multitude of mediums, styles, and price points. Ahead, the stylists, curators, editorial

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Posted in Business

PPP part 3? Everything you need to know about the proposed expansion of the small business loan program

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The emergency funding program for small businesses may be getting a revamp via a new proposal—but this time, loans would only go to the smallest, hardest-hit businesses.

Senate Republicans Marco Rubio (R-FL) and Susan Collins (R-ME) released a new proposal late Monday that would give small, struggling businesses the option to take out an additional Paycheck Protection Program loan, tapping $190 billion in funds Congress would provide under the proposal.

Sen. Rubio urged Congress to “take action to help industries and businesses, especially minority-owned small businesses and those in low-income communities, that have been hit hard by the COVID-19 pandemic,” he said in a statement. He earlier teased the proposal last week, saying in a video on Twitter that the new eligibility requirements would help ensure that “the

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Posted in Insurance

What To Do If The Coronavirus Pandemic Is Forcing You Into Early Retirement

Until recently, the goal of early retirement was a lofty one. But with the chaos caused by the coronavirus pandemic, some older workers are being pushed into retirement ― whether they’re ready or not ― minus the sandy beaches and financial freedom.

During past recessions, it was common for older employees to drop out of the workforce completely rather than try to compete for new jobs. But now, there’s even more pressure to abandon working life.

“Since this is a global health pandemic, it has added a layer of complexity not seen in past recessions,” said Jeffrey Lewis, a financial advisor with Savant Wealth Management. Some older workers may be less inclined to return to the office for fear of contracting the virus themselves, or bringing it home to their spouse or kids who may have an underlying health condition, Lewis said. “If employers are not able to meet

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Posted in Money

How COVID-19 Is Changing the Way Families Save for College Costs

<strong>Ryan Ermey</strong>: With the fall semester fast approaching, the COVID-19 pandemic has cast a shadow of uncertainty over higher education. Kevin Walker of CollegeFinance.com joins us for a discussion of how the landscape has changed for colleges, students, and parents alike in our main segment. On today’s show, Sandy and I talk tax refund delays and answer reader mail about how to pay for a new home in retirement. That’s all ahead on this episode of Your Money’s Worth. Stick around.

<strong>Ryan Ermey</strong>: Welcome to Your Money’s Worth. I’m Kiplinger’s associate editor Ryan Ermey joined as always by senior editor Sandy Block. And we’re talking tax refunds here in the first segment, Sandy. My question to you to kick things off is did you get your refund?

<strong>Sandy Block</strong>: I owed the IRS. So to me, this is a nice problem to have. But here’s the deal, the deadline for … Read More

Posted in Personal

Destination XL Names Ujjwal Dhoot Chief Marketing Officer

Click here to read the full article.

Destination XL Group Inc. has promoted chief digital officer Ujjwal Dhoot to chief marketing officer, effective Aug. 2.

In this new position, Dhoot will oversee all aspects of DXL’s brand positioning, performance marketing, creative strategy and lifecycle marketing for the company’s 320 stores, e-commerce business and mobile app.

Dhoot joined the Canton, Mass.-based big and tall men’s retailer in December 2019, and served as head of marketing on an interim basis during the pandemic.

“At DXL, we pride ourselves on offering an exceptional fit and brand selection focused solely on the big and tall customer, as well as our best-in-class in-store experience and the close personal relationships that exist with our associates and guests,” he said. “As we evolve digitally, we will expand upon those key attributes, leveraging data and insights to build an even greater understanding of our guests to drive focused

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