As China's economic growth declines, some analysts say Beijing may have to spend more on infrastructure, adding to concerns about high debts.China Economyread more
U.S. President Donald Trump said Tuesday that Washington and Beijing have a long way to go on trade, adding that America could place tariffs on an additional $325 billion...Asia Marketsread more
"The charts, as interpreted by Carley Garner, suggest that the upside in the stock market has gotten more limited," Jim Cramer says.Mad Money with Jim Cramerread more
John Paul Stevens, who served on the Supreme Court for nearly 35 years and became its leading liberal, has died.Politicsread more
The largest U.S. banks are scrutinizing members of the Federal Reserve for any insight into how the central bank will tinker interest rates.Banksread more
The U.S. and China restarted their trade talks, but signs are showing a comprehensive deal could be a long way off, if it happens at all.Marketsread more
The WTO ruling recognized that the United States had proved that China used state-owned enterprises to subsidize and distort its economy. But the U.S. must accept Chinese...World Economyread more
Facebook's cryptocurrency project has already been met with skepticism from policymakers around the world.Technologyread more
Stone, 66, a notorious Republican political operative who has described himself as a "dirty trickster," had previously been dressed down by the judge for his public remarks...Politicsread more
Delta is gathering more data from customers than ever in hopes of avoiding customer service problems and increasing customer satisfaction, its CFO says.At Workread more
The Biden team's second-quarter Federal Election Commission filing shows that the campaign wrote a check of just over $5,300 on June 28 to Sheehan Associates for "strategic...2020 Electionsread more
Noa Mintz is a freshman in high school, and she's taking the New York City childcare scene by storm, catering to a huge urban market.
Now 15, Mintz started Nannies by Noa in August 2012. She said she saw a need through her own experiences growing up in the city.
"My mom went through a lot of nannies. We had a lot of discussion, and I came to the conclusion that the agency she was working with didn't know what a New York nanny was. ... It's sort of a vibe," Mintz said Friday in an interview on CNBC's "Squawk Box. "
Good nannies—especially in a major city like New York—are a notoriously tough commodity. Depending on the job description and the family's income level, a caregiver can earn anywhere upward of $400 per week. For those assigned to wealthy families, a nanny can easily command six figure salaries.
"I knew what kids wanted in a nanny. I had the unique perspective. So I set out to start with a couple family friends," Mintz said. "Then people thought it was a really good idea to have a kid helping them. And trust for the brand grew."
Nannies by Noa has 150 full-time and part-time sitters and nannies, serving 190 clients.
Mintz recently expanded and hired Allison Johnson as CEO so she could focus on her education. Johnson, a social worker and New York City native, had originally applied to be a nanny for the service.
"I just didn't know her age," Johnson said. "I thought she was a savvy New York City woman who had started this agency on her own." Instead of hiring her for her childminding skills, Mintz recruited Johnson to lead her company.
Mintz trains her interviewers to talk with prospective nannies and babysitters in person. "I would [then] do a phone interview to sort of give the seal of approval that they were that real New York nanny."
It's difficult to put into words the qualifications, she said. "It's someone who's not scared of situations—New York City is a scary place sometimes—who is very savvy, and can jump on the floor and play with kids and is really ready for anything."
—CNBC's Katy Byron contributed to this report.