In this episode of "In The Moment" sponsored by Citi, Tim Stenovec sits down with the Founder and CEO of Gregorys Coffee Gregory Zamfotis. After growing up in the food industry, Zamfotis decided to turn the typical coffee shop on its head and inspire a new generation of coffee-lovers.
Zamfotis talks about why New York City is the inspiration behind Gregorys Coffee. He was born and raised in the Big Apple so a lot of his heritage and background is engrained in the decor and atmosphere of his coffee shops. He also talks about brewing up a good culture with Gregorys Coffee employees. Growing a successful company is most important to Zamfortis and he says it starts with the happiness of his employees.
Plus, when did Zamfortis see his vision come together? He says it was when they opened one of the early shops and had a line down the block that he realized he has something successful on his hands.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
It’s an annual tradition: the Fed’s banking ‘stress test.’ A year after the regional banking crisis, there are good reasons to make sure they’re prepped.
Summer is upon us, which means weddings, trips overseas, and trips to see Taylor Swift. Avoid a “Cruel Summer” with these budget-friendly tips and tricks.
While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.
