Nicole Bernard Dawes, a two-time founder of multimillion-dollar companies, advocates for her employees to unplug from work, but struggles to do the same herself. She founded Late July in 2003, which was eventually acquired by Campbell’s. Dawes later launched Nixie, a sparking water line. She encourages work-life balance for her team, drawing from her own experiences growing up in a family of entrepreneurs. She values passion and prioritizes family time and self-care while managing her successful brands. 1. The stock market experienced a significant downturn today, with the S&P 500 dropping 3% and the Dow Jones falling by over 600 points. Concerns about rising inflation and interest rates are cited as the main drivers behind the sell-off.

2. In other news, a new study shows that the Covid-19 vaccine is highly effective in preventing hospitalizations and deaths among elderly individuals. Data from the CDC reveals that the vaccine reduced hospitalizations by 94% and deaths by 96% in this age group.

3. The latest unemployment report indicates a slight increase in jobless claims, with 745,000 Americans filing for unemployment benefits last week. While this marks a decrease from the previous week, it underscores the ongoing challenges faced by the labor market due to the pandemic.

4. On a positive note, retail sales saw a 5.3% increase in January, surpassing economists’ expectations. This surge is attributed to stimulus checks and improving economic conditions. However, experts caution that the impact of recent severe winter storms may affect consumer spending in the coming months.

Read more at Yahoo Finance: ‘They didn’t sign up to be entrepreneurs’