• Jobs

    Janet Yellen’s response to job losses from minimum wage increase ‘disappointing,’ Sen. Tim Scott says

    Danielle DiMartino Booth of Quill Intelligence, First Trust Advisors chief economist Brian Wesbury and CFRA chief investment strategist Sam Stovall provide insight into the markets and Janet Yellen’s confirmation as Treasury secretary. Sen. Tim Scott, R-S.C., slammed President-elect Joe Biden’s Treasury Secretary nominee, Janet Yellen, for giving a ‘disappointing’ answer Tuesday on the impact a $15 federal minimum wage would have on small businesses that are already struggling during the coronavirus pandemic. “I asked @JanetYellen how raising the minimum wage to $15 affects the millions of #smallbiz on the brink of closing,” Scott tweeted Tuesday. “Her answer was disappointing & didn’t mention the 3.7 million jobs [email protected] estimates will be lost. I’ll fight to…

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  • Education

    A Stanford alum mentored by Tim Cook wants to redefine education

    Sahil Bloom knew there was a problem when his phone began ringing off the hook. The former Stanford pitcher, who counts Tim Cook as a mentor after meeting him at the Palo Alto school, was used to answering investing questions old teammates would send his way. But with cases of Covid-19 reaching the U.S., the questions intensified. “Starting in kind of March of this year, when everything broke out with Covid … You had the market surging, but the real economy was tanking. People were just asking a lot of questions.” Bloom, currently a VP at Altamont Capital Partners based in the San Francisco Bay Area, understood why people were…

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