The USD/JPY price is hovering near its highest level in over 20 years as the divergence between the Federal Reserve and the Bank of Japan (BoJ) widened. The pair is trading at 130.81, which is slightl...
Tag: Wages
Starbucks to hike wages, double training for workers amid union push
A Starbucks barista fulfills an order in a South Philadelphia store. Mark Makela | Reuters Starbucks said it will hike wages for tenured workers and double training for new employees as the company an...
United Airlines’ Uninspiring ‘Next’ Plan Ignores Important Realities
United operates a large hub at Newark airport, but this airport has seen a big increase in low-cost … [+] carrier capacity after the removal of slot controls. getty Airlines create strategic pla...
Top UFC Star to Receive Fight Wages in Bitcoin – crypto.news
In light of this, Matheus Nicolau became the first Latin American UFC athlete to earn in bitcoin, the first and largest cryptocurrency, after penning a deal with Bitwage. Nicolau latest UFC star to e...
US Wages Are 20% Lower Due to Lack of Competition Among Employers: Report
As the Biden administration works to promote what it calls its pro-labor agenda, a new analysis by the Treasury Department finds that monopsony power – a market structure in which there is only one bu...
Seven hikes? Fast-rising wages could cause the Fed to raise interest rates even higher this year
Too much of a good thing, in the form of rapidly rising wages, is expected to push Federal Reserve interest rate hikes at an even faster pace. Average hourly earnings jumped 0.7% in January and are no...
Could Living Wages Help Solve Fashion’s Climate Crisis? New Research Says Yes
TOPSHOT – A demonstrator holds a banner as models present creations by Louis Vuitton during Paris … [+] Fashion Week at the Louvre in Paris, on October 5, 2021. (Photo by Christophe ARCHAM...
Despite higher wages, inflation gave average worker a 2.4% pay cut last year
A San Francisco grocery store. David Paul Morris/Bloomberg via Getty Images Inflation is taking a big bite out of workers’ paychecks, eroding many of the raises businesses have offered to attrac...
Dimon Sees ‘Huge Pressure’ on Wages for First Time in His Life
(Bloomberg) — Jamie Dimon said that, for the first time in his life, there’s “huge pressure” on the U.S. labor market. Most Read from Bloomberg “The price of labor’s going up, we’re going to hav...
“Yes to my wages in Bitcoin”- The Cryptonomist
New York’s new mayor, Eric Adams, has said he is looking forward to receiving his salary in Bitcoin. NYC Mayor Eric Adams says he hasn’t received his first check yet, but he still plans to take his f...
Opinion: The Fed is determined to stop wages from rising
AUSTIN, Texas (Project Syndicate)—Federal Reserve Chair Jerome Powell has now committed to putting monetary policy on a course of rising interest rates, which could boost the short-term rate (on feder...