Can Capitalism Be Compassionate?

(NewsUSA) – The global economy can be confusing and terrifying. Financial experts, policy makers, and everyday citizens want to know: How will government policies impact our families and what can we do about it?In his recent book, "Broken Capitalism: This is How We Fix it," Ferris Eanfar explains the state of the global economy and its key problems in a straightforward, accessible style."When the 10 largest corporations on Earth have more combined economic power than 92 percent of all countries on Earth combined, the 50 largest financial corporations control wealth equal to 90 percent of Earth’s GDP [gross domestic product], the richest 1 percent of humans have more wealth than 99 percent of the world combined, and the eight richest humans have more wealth than the bottom 50 percent of Earth’s entire population combined . . . it’s safe to say humanity is in trouble," Mr. Eanfar says.Mr. Eanfar’s work is based on over 20 years of unique experience in economics, financial technologies ("FinTech"), blockchain/cryptocurrency development, artificial intelligence, and military and government affairs.Three key points in the book deal with issues of defining value, following a vision, and managing innovation.Value: Mr. Eanfar notes that money is not value itself; it represents value. Rather than focusing on money alone, he advises organizations to focus on theway value flows through their stakeholder ecosystems, which benefits all parties in the long run.Vision: "In business and in life, having ‘vision’ is about accurately assessing current reality, defining steps to achieve specific goals, and building a bridge between vision and reality based on discipline and effective execution," says Eanfar.Innovation: Artificial intelligence, cryptocurrency, and other technological innovations can be used for good or ill. Mr. Eanfar dedicates a chapter of the book to the impact of artificial intelligence [AI] on government and the economy."When lightning-fast A.I. controls the political and economic apparatus of countries through their automated manipulation of social media and web-based information channels, humans won’t be able to easily differentiate between policy outcomes that serve their interests and policy outcomes that serve those who control the A.I. and their political patrons in the government," he says.For more information about the book, visit: https://Eanfar.orgMr. Eanfar is also on Twitter: https://twitter.com/FerrisEanfar (@FerrisEanfar)All book sales proceeds support the nonprofit AngelPay Foundation: https://AngelPayHQ.org

Compassion Forms Cornerstone of Company Vision

(NewsUSA) – Most companies have a stated corporate vision, but such a vision may be limited to quantitative goals such as hitting financial targets or attaining certain levels of productivity. MovoCash (MOVO), a company that delivers financial inclusion to all, including individuals who are not able to use traditional banking services, sees its corporate vision differently.The MOVO vision is based on certain principles that all the company’s team members – from the CEO to those in the customer support, technology, and administrative areas – believe in, take to heart in all aspects of their business, and consequently choose to take home with them at the end of the day.These principles align with the proverbial qualities of peace, love and joy. MovoCash team members embrace these qualities and share them with their customers, vendors and business partners, who recognize that this philosophy sets MOVO apart from other businesses. The central elements of the MOVO corporate vision can be summarized in three words: Be. Do. Have.- Be. The MOVO vision starts with this verb, meaning that all team members are committed to having a positive impact on their customers, vendors, and colleagues, which often translates as a feeling of giving back. This commitment causes the team to feel equally valued, regardless of title or department.-Do. MovoCash believes in its cause: that financial inclusion meets the individual need and desire to participate in the financial economy. MovoCash aspires to help people around the world improve their lives and their families’ lives by giving them the financial tools to function in a digital society. With a MOVO account, users can instantly receive paychecks, pay bills, send money to friends and carry out other financial activities within the app. In addition, the MOVO platform integrates with Apple Pay, Google Pay and Samsung Pay, making it easy to spend money in the US and across the world.-Have. The sense of purpose and job satisfaction, says the team, resonates with customers and vendors who recognize that having a business relationship with a positive, committed, compassionate company is unique in today’s dog- eat-dog world. This mindset focuses the team’s attention on the people they serve, regardless of whether they are rich or poor. In the end, MOVO values quality over quantity.For more information about MovoCash and to download their app, visit movo.cash.

Need Help Advertising? “NewsUSA & Its Staff Can Help Manana!'”

Five words or less(NewsUSA) – These days, there are several ways to get your company’s message out: stating the company mission (the equivalent of a business resume) on its website, employing a public relations firm to garner exposure through earned media, or advertising — that is, if you have the money to pay for it.
The problem is that small, niche companies need the same exposure (if not more) than the Fortune 500 companies, but are hamstrung by limited resources.
Fortunately, advertising doesn’t have to be exclusively PR-centric, but can be a blend of traditional and effective strategies, according to PR News.
In this way, Washington D.C.-based NewsUSA does exceptionally well by specializing in writing matte releases — feature articles that help to fill space in newspapers and online media — for its clients.
NewsUSA guarantees product placement (around 1,000-1,400 placements per story) for its clients in various media outlets around the world, including television sites and hundreds of digital and print newspapers.
“NewsUSA’s strength is that it has all these contracts and relationships with newspapers and online media sources that have been built over years and can be trusted for writing and editorial,” said Rick Smith, CEO of NewsUSA. “In terms of mass marketing to the consumer, for some of the budgets that these companies have, there just aren’t a lot of options. That’s where NewsUSA comes in.”
For NewsUSA client Security Equipment Corporation (Sabre), it granted access to media outlets that the company wouldn’t have had otherwise.
“As a first-time user of NewsUSA, I was pleasantly surprised, not only with the number of placements we got, but the quality of our placements,” said Marisa McKay, marketing manager for Sabre. “Our content was placed in high-profile publications that we wouldn’t have been able to afford if we had to buy traditional advertising space.”
As a result, the family-owned and -operated manufacturer of the top brand of pepper spray had three stories distributed to more than 3,600 news outlets, both online and in print, for a total reach of more than 90 million readers nationwide. The ad value equivalency of the campaign was more than $1.1 million.
Another client, Star Clippers, also saw a huge return on investment when it engaged NewsUSA to write five stories about its ultimate cruising vacation alternative — a tall ship mega-yacht experience aboard authentic re-creations of the classic sailing clipper ships that ruled the waves during the 1800s.
In return, Star Clippers garnered more than 6,000 placements that reached more than 319 million readers nationwide, for a total ad equivalency of $3.8 million.
For more information, visit www.newsusaadvantage.com.

A Primer for First-Time Homebuyers

(NewsUSA) – Sponsored by GAF – Finally ready to take the plunge? Join the club.After having waited on the sidelines for what seemed like forever, first-time homebuyers last year made 38 percent of all U.S. single-family home purchases – the biggest share since 2000 – and the 2.07 million new or existing houses they bought ended up being 7 percent more than in 2016, Bloomberg.com reported."Pent-up demand" is how the news site described it, citing Millennials as one of the driving forces.But the market for house-hunting newbies like yourself has changed considerably from that most recent high mark of nearly two decades ago. And you know what they say: "Forewarned is forearmed." Read on.* Inventory is tight.So tight, in fact – especially for lower-priced starter-homes – that, as the Wall Street Journal wrote, even "buyers in historically calm markets such as Boise, Idaho, and Minneapolis are facing bidding wars, prompting them to dig deep into their coffers to win deals."Not into bidding wars? Well, there’s always Little Rock, Arkansas.Unlike Denver, Seattle and San Francisco – which LendingTree named the "most challenging" cities in the nation for first-time buyers – Little Rock was rated a veritable paradise for house hunters.* There’s still a lot of all-cash buyers out there, so don’t be afraid to get creative.Though the number of all-cash transactions peaked at 40 percent in 2011 and 2012 – with savvy investors still taking advantage of the subprime mortgage crisis by buying up homes many then rented out – last year’s 28.8 percent figure remains above normal. (One reason for the tight inventory: "Investors (are) making too much money as landlords to sell," according to MarketWatch.com.)Granted, you’re at a disadvantage if someone else waves $500,000 in cash in front of a seller even if you arrive pre-approved for a mortgage. However, HDTV.com tells the story of a couple who got a "great deal" on their Denver home – yes, Denver – by adding a contingency to their $300,000 bid that they’d pay $1,000 over any other competing offer up to a maximum of $329,000."Although unconventional," the site admitted, "a creative strategy like this can be very effective in today’s market."* Don’t automatically reject a fixer-upper because you’re not handy enough to fix things like the roof.Everyone knows you can save a bundle by buying a house that needs work, but some things – including electrical system overhauls and extensive roof repairs – are safer left to the pros. So the question becomes this: How far ahead would you come out, financially, after deducting those costs from the house’s likely post-renovation market value?"An attractive roof is the ultimate curb enhancer, so it’s important to figure that into your calculations," said Patsy O’Neill, a sales associate with Sotheby’s in Montclair, New Jersey.You can play around with different looks (i.e., Victorian vs. ranch) by using the free Virtual Home Remodeler launched by GAF (gaf.com), North America’s largest roofing manufacturer. And the website’s GAF Master Elite Contractor database can help you find the most reputable and adequately insured professionals in your area.* You may be being watched.Literally.With owners leerier these days of strangers walking through their properties, they’re increasingly employing devices capable of tracking prospective buyers’ conversations and actions.Yes, it can be creepy. The bigger danger, though, as MarketWatch.com noted, is that – if you don’t watch what you’re saying – there’s "a real risk" of tipping your hand enough that you wind up overpaying. 

Gifts to Give on Administrative Professionals Day

Five words or less(NewsUSA) – With Administrative Professionals Day around the corner on April 25th, like many, you may be wondering what to give your secretary, assistant or other administrative worker. You’re not alone.
Many people are confused about what is appropriate and how much to spend. According to Laura Jennings, the CEO of bespoke gifting company knackshops.com, $50 is the average price point for a gift and it’s important to treat everyone equally.
“Salaries, titles, bonuses and office locations already build hierarchies,” she says. “Gifts are the perfect opportunity to say thank you to everyone.”
The best way to make your team members feel appreciated is to take the time to really think about the message you want your gift to convey. Jennings has three tips to help harness Administrative Professionals Day effectively:
1. Give items that stress the “professional” in Administrative Professional.
The workplace has thankfully evolved from the gender stereotyped world in which the original National Secretary’s Day was launched in 1952. It’s important to recognize all levels of professionalism in the office with appropriate gifts that express professional integrity. Leather journals, fine pens, and professional organization memberships are appropriate examples.
2. Think about giving gifts that add luxury, convenience or fun to a workday.
Your administrative professional may know almost everything about you; this is your opportunity to pay them the same compliment, while keeping it completely professional. Items such as desk accessories, water bottles, travel mugs, and other tools that add luxury, convenience or fun to anyone’s work day are a good place to start. But stay away from flowers: nothing ranked lower than flowers in terms of employees’ most requested employer gifts in the 2018 Business Gifting Satisfaction Report. You may want to consider gifts such as the The Sweet Life to beauty up their desk, Thanks-Olate Gift Set to say thanks, or Black Tie as a token of your appreciation, all available at knackshops.com.
3. Remember that food and wine are always appreciated.
Gifts of food (and wine, if you know they are fond of the grape) are universally acceptable in the business-gifting world and are something that employees tend to use and love.
“Make it memorable, by adding something useful like a tea towel, cheese knife, serving bowl, corkscrew or cheeseboard to your food gifts,” Jennings advises. Knackshops.com’s Carnivore’s Delight, Caffe Autentico and The Cheese Course are examples of decadent gifts that they’ll remember long after the food has been consumed.
Gift cards are appreciated by employees of all ages and genders, although particularly so for women over 40. The only downside is that research shows they may be quickly forgotten – less than 40 percent of employees say that gift cards are “very memorable.”
Lastly, data shows that a personally-addressed message is actually the most important element of your gift.
“It’s really about the story. A personally-addressed gift message can increase the memorability of a gift and turn it into a special moment,” Jennings says. “There is also nothing easier to do – and quicker – than dropping in a meaningful note.”

Retirement Score In America Hits Historical High

Americans are more financially prepared for retirement than they have been in quite some time – with special kudos to millennials for the amount of money they’ve been putting away.

Still, Fidelity Investments’ latest biennial Retirement Savings Assessment study (which is mostly upbeat), states that many of those surveyed remain “at risk” of not being able to fully cover essential expenses in retirement if they don’t turn things around.

Could Fewer New Year’s Financial Resolutions Be A Sign of Apathy?

Even as America enters its nine-year run in a bull market, the sheer number of people making year-end financial resolutions is at an all-time low, according to the ninth annual “Fidelity Investments New Year Financial Resolutions Study.” The reason? Because so many “are feeling better about their personal financial situation and are generally optimistic about what 2018 will bring,” according to the study.

In fact, only 27 percent of respondents say they intended to make a financial resolution this year. That’s down 16 percent from the high of 43 percent who answered similarly heading into 2014, and this is what could signal a worrisome sense of “inertia.”

America’s Retirement Score Hits All-Time High

(NewsUSA) – American savers are more financially prepared for retirement than they’ve been since the dawn of YouTube. And Millennials deserve an extra special shout-out for how much money they’ve been socking away.That’s according to Fidelity Investments’ latest biennial Retirement Savings Assessment study, which – while mostly upbeat – also makes clear that all too many of those surveyed remain "at risk" of not being able to fully cover essential expenses in retirement if they don’t turn things around.Specifically, after totaling up the assets of the 25- to 74-year-old respondents earning at least $20,000 annually – and that included current or expected Social Security benefits – Fidelity estimated that the typical saver is on track to have 80 percent of the income he or she will need to cover retirement costs. That’s the highest it’s been since the study was first conducted in 2005, when the same figure was 62 percent and people were just beginning to know the joys of watching videos of cats performing weird tricks."It’s a significant improvement," says Ken Hevert, Fidelity’s senior vice president of retirement, who attributed the rise to both a higher median savings rate compared to 2006 (8.8 percent vs. 3.6 percent) and better portfolio asset allocation.Even more comprehensively, four color-coded categories were used to show where households fell on a retirement preparedness spectrum based on their ability to handle estimated expenses in a down market:* Dark Green Thirty-two percent were on target to cover more than 95 percent of their freight (up 1 percent from 2016).* Green. Eighteen percent were looking good as far as essentials go, but not discretionary items like travel and entertainment (down 1 percent from 2016).* Yellow. Twenty-two percent were off track, with "modest adjustments" likely required to their planned lifestyles (down 1 percent from 2016).* Red. Twenty-eight percent definitely "need attention," to put it kindly (up 1 percent from 2016).Perhaps the biggest surprise in the study had to do with Millennials.For the first time ever, those born between 1981 and 1992 surpassed the older Generation X in Fidelity’s unique cross-generations scorecard. The latter are on track to have 78 percent of the retirement income they’ll need, while the former lags behind by 1 percent – though that’s presumably after many of them dipped into their own savings to pay the college tuitions of their Millennial offspring. "Millennials are clearly putting money aside for retirement and taking more control of their personal situations," says Hevert.And Baby Boomers? Collectively, they’re in the best position of all, especially those Baby Boomers with increasingly rare pensions, and are on course to have set aside 86 percent of the money they’ll need.For those curious where they stand, Fidelity allows anyone to access their retirement score online. And if you really want a cushiony retirement, keep in mind that you could have 108 percent of what you’ll need by embracing all three of the following "accelerators": saving at least 15 percent of your income yearly; ensuring an age-appropriate asset mix; and deferring Social Security benefits till at least 66 or 67."While these actions taken separately are clearly helpful," says Hevert, "doing all three could help bring you from good to great." 

Entrepreneurs Stir Up Industry with Convenient Cocktail Mixers

Five words or less(NewsUSA) – Remember the last time you were at the beach and craved a spicy margarita?
Or perhaps you were camping or at a tailgate party and all they served was beer and wine.
The dream of on-the-go cocktails is now a reality and you no longer have to buy and carry multiple ingredients, or have a bartender handy, to be able to create your favorite cocktail at a moment’s notice.
Minute Mixology, a Venice, Calif.-based company, believes in making cocktails conveniently, using high-quality, low-sugar non-GMO, and gluten-free ingredients.
In this way, the company says it has found a way to bridge the gap in the single-serve cocktail mixer industry and made it possible to bring the bar to you – wherever you are.
“It’s a convenient, high quality, stick-pack cocktail mixer, a perfect item for the cocktail connoisseur in your life to use anytime, anyplace,” says BJ, McCaslin, a co-founder of Minute Mixology.
“This product provides you with great-tasting craft cocktails made simple.”
In a time, when you see the spirit of entrepreneurship flailing, two friends decided there was a need for such a creation.
McCaslin and Drew Whited already had tried their hand in other businesses in the space and were successful.
For instance, McCaslin created a coconut water coffee that was acquired by Vita Coco out of New York and Whited found success in the online marketing business.
Couple McCaslin and Whited’s success with the company’s other partner, Jason Trawick, a former WME Talent agent who worked with clients such as Taylor Swift and Britney Spears, and this trio is looking to revolutionize the cocktail industry.
“It’s not just about becoming the best cocktail mixer in this space, it’s about innovation,” says Whited, co founder of the company.
“We are already selling out and planning to expand our brand and [are] designing new products.”
The team of Minute Mixology has been in the liquor space for the last two years while launching the cocktail mix in September of last year.
Currently, the product is available online, and in stores in the Midwest and the South.
The Spring 2018 Minute Mixology will be available in Target, Meijer, Raley’s and World Market.
Flavors include: Margarita, Moscow Mule, Spiced Old Fashion, Spicy Margarita, Coconut Mojito, and Michelada.
For more information, visit https://minutemixology.com/

Big & Tall Men’s Fashion Arrives at Your Doorstep – Literally

Five words or less(NewsUSA) – In an age when you can get nearly anything delivered to your doorstep, and when boxed subscription services such as Blue Apron and PopSugar have become household names, it was only a matter of time before subscription boxes for clothing would seem practical instead of odd, and experience massive growth.
Now dozens of companies are clamoring to have a piece of the fashion subscription box pie – and nearly all of them are achieving some level of success – whether it’s small start-ups like Nadine West that cater to women only or Silicon Valley giant Stichfix, which just had a major IPO.
Yet virtually no one has addressed the most obvious need in the industry: a clothing service tailored for just big and tall men.
Nearly every single study ever published, including those from the Center for Disease Control, agree that American men are getting larger every year. To illustrate this point, consider this: the average American man has a waistline of 40 inches, yet it’s unusually hard to find a variety in fashionable men’s clothing with more than a 38-inch waistline.
To this point, it seems hard to believe that this market is only now truly being served, and first to market is a small, Austin, TX-based company called Maximus Box. (Clients can choose from three different subscription levels starting from $69 a month and stylists at Maximus Box then pick out and mail the clothes and accessories.)
Founder Wes Riddick says his own personal struggles with finding fashionable clothing for big and tall men were validated with research and Twitter surveys that summarized that half of all men and women in the plus-size category report difficulty with the shopping process, in terms of sizing and fit.
They would also prefer their clothes to be reasonably priced, and online shopping rates are typically too high in this category, according to the research and survey.
“I’m a big and tall man myself, but don’t want to be relegated to ill-fitting or unfashionable clothes,” Riddick says.
“Far too much of the big and tall clothing available was too boxy or had a lumberjack look that just doesn’t appeal to me. I figured I couldn’t be alone in this, so I created Maximus Box and offer fashion-forward clothing at low prices,” says Riddick.
For more information, visit https://maximusbox.com/