(Bloomberg) — JPMorgan Chase & Co. is laying off hundreds of home-lending employees and reassigning hundreds more this week as rapidly rising mortgage rates drive down demand in what had been a red-hot housing market. The total affected will be more than 1,000 US workers, with about half moved to different divisions within the bank, […]
Read More(Bloomberg) — Microsoft Corp. plans to “nearly double” its budget for employee salaries and boost the range of stock compensation it gives some workers by at least 25%, an effort to retain staff and help people cope with inflation. The move will mainly affect “early to mid-career employees,” the software giant said in a statement […]
Read MoreMost people want to find a job that keeps up with inflation, provides some level of flexibility, but they also want to be happy. After all, most Americans spend at least eight hours a day working — and often without paid time off. It’s the $125,000 question in an increasingly unpredictable labor market: How can […]
Read MoreRecord numbers of Americans have quit their jobs in recent months, with more than 4.4 million submitting their resignation in September alone. Millions more may be preparing to follow them to the exits – one survey found that around a third of workers wanted to make a career change. But one of the things I learned over the […]
Read MoreRenren Inc. (RENN) Renren Inc. engages in the software as a service business in the People’s Republic of China. The company develops Chime, a software as a service platform that offers lead generation and customer relationship management solutions for real estate professionals. It also provides online and mobile services for the trucking industry in the […]
Read MoreOver the last several years, one of the biggest benchmarks the Fed has used to evaluate the need to raise, lower or maintain their interest rate policy has been the employment rate. Every month, the market seems to hold its breath as a new set of unemployment and salary data is made available and everybody […]
Read MoreOver the last several years, one of the biggest benchmarks the Fed has used to evaluate the need to raise, lower or maintain their interest rate policy has been the employment rate. Every month, the market seems to hold its breath as a new set of unemployment and salary data is made available and everybody […]
Read MoreAs more and more data comes in about COVID-19, the easier it becomes to think in practical terms, not only about how big the problem right now really is, but also to think about its impact in real economic terms. It’s easy to say there is an economic impact taking place right now, but understanding […]
Read MoreOver the last several years, one of the biggest benchmarks the Fed has used to evaluate the need to raise, lower or maintain their interest rate policy has been the employment rate. Every month, the market seems to hold its breath as a new set of unemployment and salary data is made available and everybody […]
Read MoreOver the last several years, one of the biggest benchmarks the Fed has used to evaluate the need to raise, lower or maintain their interest rate policy has been the employment rate. Every month, the market seems to hold its breath as a new set of unemployment and salary data is made available and everybody […]
Read MoreOver the last several years, one of the biggest benchmarks the Fed has used to evaluate the need to raise, lower or maintain their interest rate policy has been the employment rate. Every month, the market seems to hold its breath as a new set of unemployment and salary data is made available and everybody […]
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