I am a 62 year-old single man and have never had a retirement account. I do own both my home and a rental property which are paid for and I have no other debt. I have $100,000 in savings which I would...
Tag: Labor
The Labor Shortage Is Killing American Manufacturing. Here’s How AI Can Bring It Back To Life.
Manufacturing engineer working with an AI-based system. Getty Images/iStockphoto US manufacturing is poised for a significant resurgence. The supply chain debacles caused by the pandemic have shown th...
Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next.
Now might be the time to consider hiding out in short-dated Treasurys or corporate bonds and other defensive parts of the stock market. On Friday, Federal Reserve Chairman Jerome Powell talked of a wi...
Omicron-Specific Boosters Could Be Available By Labor Day—Here’s Who Should Get One
Topline New Covid-19 booster shots targeting the highly contagious omicron variant could be available soon after Labor Day, according to multiple reports, and all Americans 12 years and older will be ...
‘The backlash to quiet quitting smacks of another attempt by the ruling class to get workers back under their thumbs:’ Am I wrong?
I have something to get off my chest. Please bear with me. We learned a lot from the (more than) two years of pandemic life. Among those lessons: 1. We can be really effective and productive working ...
Opinion: Ford’s job cuts are just the beginning of another EV earthquake
Electric vehicles, or EVs, promise a green automotive revolution, but this will not come without uncomfortable transitions in the labor force. Those trade-offs are coming starkly into focus, raising q...
‘You don’t want to die at your desk sending an email.’ Beyond the numbers, are you ready to retire?
Nancy Schlossberg attended a retirement party for a colleague, and afterward heard people remarking how the guest of honor should have retired years before because she was “so old.” “People were sayin...
Beleaguered MoviePass Says It Will Relaunch Around Labor Day
Topline MoviePass will relaunch its beta app on or around September 5, the company announced on its website Monday, marking the highly anticipated return of the failed movie ticket subscription servic...
Ford Confirms Layoffs, Says It Is Cutting About 3,000 Jobs
Updated Aug. 22, 2022 4:58 pm ET Listen to article (2 minutes) Ford Motor confirmed Monday it is laying off roughly 3,000 white-collar and contract employees, marking the latest in its efforts to slas...
Apple workers tell CEO Tim Cook: ‘We demand location-flexible work’
The self-styled solidarity group AppleTogether launched a petition Monday demanding a more flexible work policy in response to the company’s return-to-office mandate. “We demand that Apple allows each...
Jobless claims edge lower as Fed looks to cool labor market
A “We’re Hiring” sign is posted at a Target store on August 05, 2022 in San Rafael, California. Justin Sullivan | Getty Images Initial filings for unemployment benefits declined slig...
Seattle CEO who cut his pay so workers could earn $70,000 minimum resigns
SEATTLE — A Seattle CEO who announced in 2015 that he was giving himself a drastic pay cut to help cover the cost of big raises for his employees has announced his resignation. Dan Price, the embattle...
Apple wants workers back in the office 3 days a week starting Sept. 5: reports
More than a year after its new hybrid work schedule was announced, Apple Inc. will require its employees to return to the office at least three days a week starting Sept. 5, according to reports Monda...
Starbucks asks labor board to suspend mail-in ballot union elections, alleging misconduct in voting process
A sign is seen as Activists participate in an event dubbed the Un-Birthday Party and picket line for Starbucks CEO Howard Schultz on July 19, 2022 in New York City. Activists gathered near SchultzR...
Inflation Reduction Act would send $80 billion to the IRS. Tax experts say it may not be enough to help the backlogged agency.
For roughly a year, Jonathan Baer watched a paper folder full of tax-related paperwork slowly grow as he chronicled his effort to claim his 2020 tax refund. The attempts included upwards of 40 phone c...
Why home prices can stay high, complicating the Fed’s battle against inflation
Sky-high housing prices still threaten to complicate the Federal Reserve’s inflation fight, even as America’s market for single-family homes shows signs of cooling in response to sharply higher intere...
Beyond Meat Plans to Lay Off 4% of Global Workforce
Beyond Meat is cutting 4% of its global workforce, saying the layoffs are part of its plan to reduce costs as inflation prompts consumers to buy less-expensive protein. The California-based company, w...
Oracle Lays Off Hundreds of Employees
Oracle laid off hundreds of employees this week as the business software provider prioritizes its healthcare IT services and cloud businesses, according to people familiar with the company’s actions. ...
Six Ways Airlines Can Mitigate Rising Labor Costs
Airlines hire a lot of people and the cost of hiring people is rising. To offset this, airlines need … [+] to find new ways to improve efficiency. getty It’s no surprise that hiring people is on...
Walmart Stock Falls After Report of Hundreds of Layoffs
Text size Shares of Walmart are down about 10% this year. Photo by Michael Ciaglo/Getty Images Walmart is eliminating about 200 jobs in a bid to restructure the company, according to a report from The...
Opinion: I tried ‘quiet quitting’ before it was cool — and regretted it ever since
For much of my 35 or so years in the workforce, I’ve prided myself on going the extra mile — such as trying to put in a solid 8-hour day that has sometimes stretched into a 10 or 12-hour day. And I’ve...