Lihong Yu: Succeeding with $5000
Lihong Yu grew up in Ningbo, China, during the Chinese Cultural Revolution. Yu was just six years old when her parents were exiled, forcing her into the care of her…
Erkang Zhang: The Secrets to Entrepreneurial Success
AANN had the opportunity to sit down with successful entrepreneur Erkang Zheng, who shared his experience and valuable advice to aspiring entrepreneurs.
Fast Fashion: The Ugly Truth Behind Our Clothes
Fast fashion is a phenomenon that affects all of us and is a real problem in today’s society. Kirin Ingle and Anthony Chen shed light on the negative effects of fast fashion and discuss how it affects our world.
The Man Behind the Unforeseen Rise of Zoom
Learn how Eric Yuan—engineer, innovator, and CEO of Zoom—turned a startup into a multi-billion dollar business in nine years.
Another Rough Week
The hardships continue. The S&P, Dow, and Nasdaq all dropped at least 0.6% this past week. 1.42 million Americans filed for unemployment benefits this past week, accelerating for the first time in nearly four months. Market expectations were only at 1.30 million.
By Negar Reiskarimian and Paula Reinman
Tip of the Iceberg
Markets have been showing indications of another slowdown. Some of the largest banks, including Wells Fargo, JP Morgan, and Citigroup, have nearly doubled the amount of money set aside for corporate loans. This totals up to $33 billion. It has been revealed that the good news of second quarter gains was in reality due to banks collecting fees by helping companies stockpile their cash, not in helping companies in deals.