- Inflation and the Great Resignation have forced Amazon, Apple, and other major employers to raise wages in the past year. But for Detroit’s automakers, the bill likely won’t come due until 2023. That’s when
A Las Vegas bartender coping with a recent cancer diagnosis is fearing eviction. A young professional in Tucson is skipping car payments to afford her higher rent. A researcher in Miami signed the lease for her new apartment sight unseen.
Rental costs in the US are soaring at the
- overturned Roe v. Wade and ended the legal right to abortion in America. The next year would be a crucial one for making partner at her law firm, and she already had a 16-month-old daughter at home. Not to mention that, after two years of infertility, followed by the difficult process of IVF and then new parenthood, she’d been looking forward to a relaxing summer: family beach trips, a vacation with her girlfriends, watching her daughter’s budding personality take shape.
While right-wing politicians and activists fight to keep all kinds of supposed messages out of children’s education, the Tuttle Twins are trying to build an online audience of budding Milton Friedmans and Friedrich Hayeks.
Axie Infinity’s vision of a “play-to-earn” video game has crumbled, and the company behind it now tells the players who bought into the hype it was never about the money, anyway.
Wall Street loathes bank stress tests—and arguably owes a lot to them. The regulatory checkups by the Federal Reserve, instituted after the 2008 global financial crisis with the aim of averting another one, run banks’ balance sheets through simulated doomsday scenarios to gauge whether they’d make it through. This year banks were tested on a hypothetical cocktail of surging unemployment, collapsing real estate prices, and a plunge in stocks.
All 33 of the biggest lenders in the US
Imagine for a second life before smartphones. Simple tasks—ordering takeout, staying in touch—become frustratingly difficult, never mind dealing with emergencies. In China that’s sort of what it’s like to live without
“Please stay clear of the flight line,” warns Keith Hyde, director of U.S. operations for Wing. Safety comes first on these two fenced-off acres at the dead end of Welcome Street in Christiansburg, Va., where Wing has since 2019 been running the first North American drone delivery service. The drones are electric vertical takeoff and landing (eVTOL, pronounced “ev-tol”) aircraft, so instead of a runway, they park on a grid of landing pads that double as charging stations. Three dozen of the pads are arranged on a gravel patch the size of a basketball court, each topped with a QR code large enough for an incoming drone to scan and confirm its touchdown location.
Transgender women in Ireland and Northern Ireland will no longer be able to participate in female contact rugby under a policy shift from one of the sport’s governing bodies.
The change is in line with World Rugby
Once a week, Adrian Billings drives his white Chevy pickup from his home in Alpine, Texas, to Presidio, a city along the Mexican border. This summer he’s been taking his son Blake, who’s home from college, with him. The drive, through mountains and desert on a two-lane highway across which actual tumbleweeds roll, takes an hour and a half.
Billings is a family doctor, one of only a handful in this part of West Texas. He offers a one-stop shop for his patients’ ailments: heart murmurs, kidney stones, etc. Most of the time he works in Alpine or the nearby city of Marfa. But he makes the weekly drive to Presidio because, without doctors like him, it wouldn’t have medical care. There’s no hospital and no full-time doctor. His clinic, which opened in 2007 with the help of government grants, is the only access residents have to even a local pharmacy.
In January, Congress is set to welcome a female representative from Vermont. It will be the first time in 233 years that each of the 50 states will have sent a woman to Capitol Hill.
That’s thanks to Vermont, which is poised to be the last state to send a woman to represent it in Washington. Becca Balint, who served in the state senate, won the Democratic primary for the state’s only House seat on Tuesday.
Philadelphia (AP) -- Sesame Place has announced the implementation of diversity and inclusion training for its employees following a $25 million class-action lawsuit alleging multiple incidents of discrimination after outcry sparked from a video of a costumed character snubbing two 6-year-old Black girls went viral online.
The Sesame Street-themed park, operated by SeaWorld Parks, in a statement Tuesday said that all employees will be mandated to participate in training created to address bias, promote inclusion and prevent discrimination by the end of September.
Some founders possess the capacity and drive to do exceptional things. Bloomberg New Economy’s 2022 class of Catalysts is a remarkable group of 28 people who are creating more equitable, inclusive, and sustainable outcomes. The legacy of our old economy is a world imperiled by climate transformation, with communities exhausting their finite resources and riven by divides in wealth, education, and quality of life. These pioneers in the new economy are solving such intractable problems as unreliable electricity in Africa, crippling student debt levels in the US, and global overfishing. They show what’s possible when courage and determination are combined with cutting-edge technology. And that’s worth celebrating. —Erik Schatzker
- iRobot Corp., the maker of the Roomba vacuum cleaner. And yes, Amazon will make money from selling those gadgets. But the real value resides in those robots’ ability to map your house. As ever with Amazon, it’s all
Mike Ashley’s company is owed £64.4 million ($78.9 million) by one of the retail entrepreneur’s close family members, according to its delayed financial results.
The loan is interest free and not repayable to Mash Holdings until the end of 2030, accounts lodged at Britain’s Companies House said. They didn’t reveal the recipient of the loan.
- Kraft Heinz. The details were different in each case—some reported sharp volume declines, and others came in unchanged—but the broad trend was crystal clear: Output growth is dead, prices have been jacked up, and revenue is, as a result, rising moderately.
- “recession.” As in: “Are we in one or not?” We’ve had one classic sign of an economic slowdown: two quarters of contraction in US gross domestic product. But that’s been accompanied by healthy wage growth and employment and continued consumer spending. Complicating the picture still further, measures of consumer confidence are way down as people face rising prices for everything from gas to housing.
Financial writer and social media influencer
In an age of ever-increasing distractions, quickly creating customer habits is an important characteristic of successful products. What are the secrets of building services customers love? How can designers create products compelling enough to “hook” users?
People will confess all sorts of things to podcasters, from their unpopular political beliefs or embarrassing romantic mishaps to their worst fears. But there’s one revelation certain guests will never disclose—namely, that they’re paying thousands of dollars just to be interviewed on the show.
Russia’s military began sending large numbers of weapons and troops into Belarus in late January. The official purpose of the movement was a joint military exercise, but Belarus, which has a 650-mile border with Ukraine and a government closely aligned with Moscow, was also a logical staging point for Russian President Vladimir Putin to carry out an invasion.
Several days after the troops arrived weird things started happening to the computer systems that ran the Belarus national railway system, which the Russian military was using as part of its mobilization. Passengers gathered on train platforms near Minsk, the capital, watched as information screens flickered and normal messaging was replaced by garbled text and an error message. Malfunctioning ticket systems led to long lines and delays as damaged software systems caused trains to grind to a halt in several cities, according to railway employees and posts that circulated on Belarusian social media.
Fear is like acid on the brain, etching memories that remain long after you’ve forgotten things like the formula for photosynthesis or your first boyfriend’s favorite band.
More than a quarter century has gone by, but there’s so much I remember about that day in Miami: The tacky black satin sheets on the bed in the one-bedroom condo my boyfriend’s friend had loaned us for our weekend trip, the white glare of the sun outside, and the double line on the indicator window of the at-home pregnancy test I held in my hand.
- multibillion-dollar bank scam triggered violent confrontations between protesters demanding their money back and police in Zhengzhou, the capital of Henan province. That scandal is shining a spotlight on China’s troubled rural banking system.
Investigating authorities say that Henan Xincaifu Group Investment Holding Co., the main shareholder of five rural lenders, colluded with bank employees to steal about 40 billion yuan ($5.9 billion) in deposits and investments. They used online platforms to pull in depositors and fabricated lending agreements to transfer the money, the authorities say. (Xincaifu has ceased operations, and the banks involved have asked affected customers to register information with them online in order to
In the early days of the pandemic, when markets plunged and 22 million Americans lost their jobs, Congress and the Federal Reserve sprang into action to stabilize an economy at risk of buckling. After trillions of dollars of Covid-19 relief cash and a monsoon of cheap federally sponsored loans, US households are sitting on
New York is getting yet another private club, this time in the form of a co-working space for the super rich.
Developed by Edmond Safra, a member of the billionaire Safra family, and restaurateur
S&P500 | |||
---|---|---|---|
VIX | |||
Eurostoxx50 | |||
FTSE100 | |||
Nikkei 225 | |||
TNX (UST10y) | |||
EURUSD | |||
GBPUSD | |||
USDJPY | |||
BTCUSD | |||
Gold spot | |||
Brent | |||
Copper |
- Top 50 publishers (last 24 hours)