In Brief: Many of New York’s elite have headed to the Hamptons in wake of the COVID-19 epidemic. New York City has become the epicenter of the nation’s fight against the deadly, new coronavirus with over 6,000 deaths reported so far. Many permanent residents of the Hamptons fear that the influx of people will lead to a higher rate of infections and food shortages. The Hamptons has been a popular refuge for the rich since the late-19th century when the number of American millionaires grew exponentially. Some head for the hills, others head for the Hamptons. It was only a few week ..read more

In Brief: Evidence supports the fact that many Americans who have at least a bachelor's degree lean to the liberal end of the spectrum on many issues. Liberal faculty now constitute an estimated 60% of all teaching positions on college campuses across the country.   Women, many of whom tend to hold liberal viewpoints, earn a majority of college degrees. Political demographics have never been a concrete construct. Blue strongholds like California were once viewed as conservative stalwarts while the state of Georgia shifted blue for the first time in 25 years. Yet over th ..read more

In Brief: Section 230 has been around since 1996 when the Communications Decency Act was passed. Section 230 protects tech companies like Facebook and Twitter from legal liability, leading to an unfair balance of power. Under Section 230, social media companies can choose what posts to promote and which to hide or even ban from their platforms altogether. The problem is that this unilateral, monopolistic power granted by Section 230 contradicts citizens First Amendment rights to freedom of speech, expression, and press. So What Are The Problems With Section 230?   Secti ..read more

In Brief: The President Biden and Governor Cuomo teams propose raising income taxes to a combined top tax rate of 75%. The combined tax rate would equal the 75% supertax rate implemented by France’s Socialist President in 2012 and forced to be dropped two years later in 2014, as it sparked accusations of an anti-business agenda and resulted in a mass exodus of wealthy individuals. The top federal tax rate would rise from the current 40.8% rate to ~56.3%, for taxable income exceeding $400,000. The top NYS and NYC combined tax rate would total 18.7%. The tax rate on capital gains wo ..read more

In Brief: Creating a long-term financial plan is crucial for all businesses.  Making financial projections and setting goals are key parts of any financial plan.  Find out how to create a detailed financial strategy for your business below! Having a detailed financial plan is crucial to the success of any business, no matter what size or sector they’re in.  All too often, entrepreneurs make the mistake of simply looking at their financial statements and quarterly goals as a substitute for a detailed and thorough financial strategy. This is a critical mistake. Withou ..read more

In Brief: Small businesses faced many challenges in 2020. 2021 offers the chance for small businesses to start anew.  Check out 5 small business tips for 2021 beyond to boost your company's growth! It’s no secret that small businesses endured a tough year in 2020. The coronavirus pandemic and resulting economic meltdown hit small businesses very hit hard, no matter which industry they were in.  2021 will certainly present its own set of challenges, but still offers an opportunity to start anew and turn the page on 2020. But just how should they go forward into the new ye ..read more

In Brief: Many key trends will shape eCommerce in 2021 and beyond.  These include technological advances, the changing nature of social media, and more.  We examine 6 eCommerce trends in 2021 below in detail! eCommerce is always changing.  What started as a niche industry when the Internet was young has morphed into a $5 trillion global market and continues to grow year after year. The current COVID-19 pandemic has only strengthened the global eCommerce market as millions of consumers around the world look to increasingly do their shopping online for health and safe ..read more

In Brief: Building a successful startup requires determination, perseverance, and flexibility.  Developing a business plan and setting clear goals are also key.  Find some tips on how to establish a successful startup company here! The startup life isn’t for everyone, even the most passionate entrepreneur.  It’s something that requires a lot of hard work, persistence, and risk. However, the rewards can be nothing short of outstanding.  Building a successful startup can be tough, but it’s certainly something that’s doable. We examine a few ways to build a succes ..read more

In Brief: Business will face many challenges in 2021.  The COVID-19 pandemic and cybersecurity are among these top threats. Explore the 2021 business challenges here and how to address them! Business endured a tough 2020 due to the COVID-19 pandemic and resulting economic fallout. But what will 2021 bring? The year is still young and represents a chance for entrepreneurs to start fresh and grow their businesses again. However, it’s also important to understand the challenges businesses are facing in 2021 and beyond. We examine them in-depth here! The Impact of the COVID-19 Pa ..read more

In Brief: eCommerce costs have a serious impact on the bottom line of many online merchants.  Fortunately, a number of ways exist to lower your eCommerce costs efficiently.  Find 3 useful tips on how to do just that below! eCommerce firms have enjoyed record growth in recent years, especially in light of the COVID-19 pandemic. However, high costs have long been a thorn in the side for even the most profitable eCommerce companies. How exactly are you supposed to increase your bottom line when your expenses are so high?  Fortunately, we’ve put together a few useful ti ..read more