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Todays Top News
[Pelosi Was Working the Night Shift]
Pelosi Was Working the Night Shift
Okay, not really. But yesterday afternoon, she did call the House to come back into session early from their recess to figure out this Postal Service nonsense. Pelosi and other Dems want to block the organizational changes proposed by Postmaster Louis Dejoy early last week.
The House will go back in session this Saturday, August 22nd, to vote on the Delivering for America Act which doesnât allow the Postal Service to make operational changes or changes to service level it had in place before January 1, 2020.
In an added amount of protest, Pelosi called on other House members to show up at their districtsâ post office and voice their opposition on Tuesday. Chuck Schumer, Senate Minority Leader and Mitch McConnell, Senate Majority Leader, called the Senate to come back early too.
Not sure whatâs going on? In short, the Postmaster proposed changes to the USPS last week that would slow down the mail⦠a lot. This concerns the Dems who are advocating the use of mail-in voting in light of the pandemic. President Trump, on the other hand, has been very critical of using mail-in voting, raising suspicion to fraudulent votes.
Are you for or against the Postmasterâs proposed changes? Reply back and let us know your opinion.
Investing
[Cookie-Fueled Growth]
Cookie-Fueled Growth
Do you know about OneTrust? Well, youâve at least seen those cookie banners and pop-ups on websites letting you know about data collection. Thatâs OneTrust behind all that. Theyâre also the fastest growing company in America.
By how much? OneTrustâs three-year growth is over 48,000% and last year, they raked in $70 million in revenue. Letâs just make them a triple threat: theyâre also the global leader in privacy-law-compliance tech.
Huh? Okay, so if you donât want to get in trouble with the European Unionâs General Data Protection Regulation (GDPR), you want OneTrustâs help.
Having a technology in place to manage your usersâ privacy is non-negotiable now and OneTrust has solutions for current and future privacy laws. Not complying is extremely costly, FYI.
Names like Aetna, Raytheon, Oracle, and Maersk are under OneTrustâs wing. Theyâre as niche as niche gets⦠and they keep digging their own niche hole deeper #goals. Clearly, theyâre only going to keep growing.
Want your company to grow just as fast? Learn from CEO Kabir Barday, who started asking himself in college, âAnyone out of college can go open a franchise. What am I uniquely positioned for?â
On top of that, he found a need when the GDPR rolled out and he knew most companies didnât have the right technology in place to provide the protections required.
Plus, think about it. Weâre more concerned about privacy than ever before because of the AI and tech we keep creating. Itâs only going to continue, so new laws and privacy needs will grow. Not only has OneTrust filled a need now, theyâve gained trust of most of the internet (at least in America) and have generated long-term, loyal customers for new privacy tools as needed.
Alright, go have a cookie and think about how you can become the next, fastest growing company in America. Reply back and tell us what you come up with. Youâve got our support!
Don't Miss This
[No Recession According to Retail]
No Recession According to Retail
Whether you thought weâd have a V-shaped recovery or not, retail is certainly showing this to be true. Sales increased in July 1.2% from June and were at a record level of $536 billion, completely recovering losses from the start of the pandemic.
Itâs a little risky to completely believe retailâs recovery since we havenât seen a second stimulus yet, but hey, itâs America â nothing will stop our spending habits!
Even with 28 million people on unemployment and gig-worker assistance, weâll most likely still see a strong third quarter. Grocery store sales are up by 10.6%, electronics and appliances are up by 22.9% and sales of building materials and garden equipment are up by 14.8% from 2019.
AKA youâre not alone with your attempts at growing your own garden and building a new man cave.
Some critics say weâre going to see this V-shaped spending into a W, or crash into an L-shaped plateau where we start to see most spending on services.
But what are your thoughts? Will we continue with this growth or see another slow down? Hit reply and let us know.
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