Topline Disney took down a Simpsons episode poking fun at Chinese human rights abuses from its Disney+ streaming service in Hong Kong, according to several reports Monday, as the entertainment giant a...
Tag: Labor
Retiring in a bear market can be catastrophic — working one more year can make a huge difference
Timing, apparently, is everything. Especially when it comes to retirement. Retiring in a bear market can harm your portfolio for the long-term, even if the market eventually recovers, according to a n...
How the U.S. labor market went from ‘quiet quitting’ to ‘quiet hiring’
Remember ‘quiet quitting?’ It described the trend of employees choosing not to go above and beyond in the workplace. Well, that was 2022. This year there’s a new vogue practice — ...
Dell to cut 6,650 jobs, report says
Dell Technologies will join the ranks of technology companies slashing jobs as the computer maker will shed 6,650 positions, according to a published report on Monday. Citing a company spokesman after...
Strong Labor Market Lends Itself To More Fed Hikes, But Not For Long
Pedestrians walk past a Now Hiring sign in Arlington, Virginia. (Photo by STEFANI REYNOLDS/AFP via … [+] Getty Images) AFP via Getty Images Friday’s amazing job numbers — which continue to hit i...
Labor Market Added 517,000 Jobs In January—Unemployment Rate Falls To 54-Year Low Of 3.4%
Topline Despite waves of layoffs hitting some of the nation’s largest employers, the unemployment rate unexpectedly fell, and the labor market added back more jobs than expected in January—adding to s...
As Fed raises rates by a quarter point, here’s where financial advisers are telling their clients to invest — and store — their money
The Federal Reserve boosted its influential interest rate yet again Wednesday, even as more signs indicate that inflation is cooling. It hiked the benchmark’s key rate by a quarter of a basis point, b...
Intel cuts pay, bonuses and other benefits while maintaining dividend
Intel Corp. continues to cut costs for everything except payments to investors. Intel INTC, +2.87%, which is already in the process of cutting what is believed to be thousands of jobs amid steep decli...
Long Covid has ‘underappreciated’ role in labor gap: study
Simpleimages | Moment | Getty Images Long Covid is keeping people out of work and may reduce on-the-job productivity for others, contributing to a labor shortage and weighing on the U.S. economy at la...
Demand for jobs drops off in January, headhunter Robert Half says
Robert Half International Inc.’s stock rallied Friday after fourth-quarter profit beat expectations, but the staffing-services company provided a mixed outlook for the current quarter as revenue from ...
‘Timing couldn’t be worse’: Inflation is easing, but more people are using credit cards for unexpected expenses — and the next Fed meeting will raise borrowing costs
A record number of people say they would need to pay for an unplanned $1,000 expense by using their credit card, according to a new survey showing the burden of high prices even as inflation rates ebb...
My job is being eliminated and I will get a severance package. Is that considered income for IRS limits on Roth IRA contributions?
I know my job is being eliminated at the end of March 2023. I will receive a severance package paid out over a period of almost one year. I understand I will not be able to make 401(k) deductions from...
IBM’s layoffs aren’t helping the stock, as analysts still fret about cash flow
International Business Machines Corp. shares slumped Thursday after analysts picked apart Big Blue’s free cash flow results and outlook amid layoffs, and found a “mixed blessing” in the company’s driv...
This 72-year-old is hoping to fund her retirement on GoFundMe
GoFundMe campaigns have been raising piles of cash for older Walmart workers who want to retire — but the heartwarming stories about sudden windfalls mask a dark reality about economic security and gr...
Curaleaf cutting 10% of staff as it exits three U.S. states
This story has been updated to provide correct figures for the number of states Curaleaf operates in; also the number of total employees at the company. Curaleaf said Thursday it has reduced its staff...
This recession indicator is close to the point of no return. But stocks historically rally if the Fed cuts and the economy still grows.
It’s way too early to proclaim a Goldilocks environment, even if major asset classes are at least pointing to a better chance of it. The S&P 500 SPX, +0.40% has gained 5% this year, and the tech-h...
Dow Inc. Warns of Weakness, to Lay Off 2,000 Workers as Earnings Fall
Chemicals giant Dow Inc. sees the global economy slowing down and is preparing for weakness by cutting costs and focusing on cash generation. That’s the right playbook for a weak operating environment...
IBM posts biggest annual sales increase in more than a decade, announces layoffs
International Business Machines Corp. increased revenue more than 6% in 2022, the biggest sales increase for Big Blue in more than a decade, but its stock fell in extended trading Wednesday. Chief Exe...
Unemployment Is Low, But So Is The Labor Force Participation Rate — What’s Going On In The U.S. Labor Market?
Getty Images Key takeaways Unemployment has consistently fallen since December 2021 One factor behind declining unemployment could be a slow recovery in the labor force participation rate since the on...
Walmart raises minimum wage as retail labor market remains tight
An employee arranges beauty product gift boxes displayed for sale at a Wal-Mart Stores Inc. location in Los Angeles, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart said Tuesday it is...
Opinion: Zuckerberg and Intel are shipping the proceeds from their layoffs straight to Wall Street
For years, Wall Street groused about Silicon Valley’s refusal to pay dividends and buy back stock as tech companies grew into cash-generating machines. That is no longer a problem, even though those t...