Tomml | E+ | Getty Images The notion of technological advancement upending the job market isn’t a new phenomenon. Robots and automation, for example, have become a mainstay of factory floors and assembly lines. And it has had various effects on the workplace, by displacing, changing, enhancing or creating jobs, experts said. related investing news
One of the key reasons renters are getting caught in the crossfire of the mortgage rates is that it is increasing rental demand, said Oliver Knight, head of residential development research at real estate firm Knight Frank. Oscar Wong | Moment | Getty Images LONDON — Mortgage rates are soaring in Britain, and many are
In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT A Jet Blue aircraft takes off from Long Beach Airport in Long Beach, CA. Tim Rue | Bloomberg | Getty Images JetBlue Airways slashed its 2023 outlook and warned of a potential loss in the current quarter as travelers opt for destinations abroad and the
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks logo is seen on a cup in this illustration photo taken in the cafe at the airport in Charleroi, Belgium on July 27, 2023. Jakub Porzyck | Nurphoto | Getty Images Starbucks on Tuesday reported quarterly earnings that beat analysts’ expectations, but its same-store
Tourists at a water park on July 23, 2023 in Nanjing, China. Yang Bo | China News Service | Getty Images BEIJING — Instead of handing out cash, China is trying to make sure consumers and businesses spend where it matters economically. On Monday, the central government announced 20 measures to support tourism, as well
President Joe Biden has a rule for his staff members: If you don’t take time off to tend to your personal life, you might get fired. Biden delved into the rule — which he developed as a U.S. senator — on a recent episode of life coach and former monk Jay Shetty’s “On Purpose” podcast.
Luis Alvarez | Digitalvision | Getty Images The job market is cooling. Though it remains strong — and workers still have leverage — their power doesn’t seem to be as broad-based as it was earlier in the pandemic, say labor experts. These days, whether employees still enjoy considerable leverage — to find a new job
Downtown Los Angeles. TheCrimsonRibbon | Getty Images Americans are feeling the pinch from the high cost of single-family rentals, despite only slight year-over-year growth, according to a new report. Rental prices shot up during the pandemic. They are likely to remain high, with many Americans hesitant to purchase new homes amid soaring mortgage interest rates,
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In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT Uber CEO Dara Khosrowshahi addresses the audience during the keynote at the start an Uber products launch in San Francisco, California on September 26, 2019. Philip Pacheco | Afp | Getty Images Shares of Uber rose 4% in premarket trading Tuesday after the company reported second-quarter results
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Walmart is turning more parts of its stores into advertising opportunities. For example, brands can buy a spot on its self-checkout screens. Walmart One of Walmart‘s latest offerings at its SuperCenters isn’t a hot new toy, snack flavor or sundress. It’s advertising. Shoppers will soon
In this article GPS AEO BARC-GB COIN AAL Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines in midday trading. The Rivian name is shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. Mike Blake | Reuters Toyota Motor — Shares rose 1.7%, hitting a
As one of the original sharks on ABC’s “Shark Tank,” Barbara Corcoran is used to negotiating when she wants to land a deal. And having that skill has also come in handy when it’s come time for Corcoran to buy a new home. In a video tour released on YouTube last week, the real estate
Artistgndphotography | E+ | Getty Images When it comes to retirement savings, the gap between the haves and the have-nots has widened, according to a new report from the Government Accountability Office. The median retirement account balance for high-income households was nine times that of middle-income households in 2019 — $605,000 compared with $64,300, respectively,
Bob and Terri Wood, of Mobile, Alabama, with their grandson. Courtesy: Bob Wood Bob Wood, 66, has been thinking of selling his home in Mobile, Alabama. The finance professor and his wife, Terri, purchased the 5,000-square foot house with a pool nearly a decade ago. “It’s probably time to downsize,” he said. They would also
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In this article MRK Follow your favorite stocksCREATE FREE ACCOUNT Medicine pill is seen with Merck logo displayed on a screen in the background in this illustration photo taken in Poland on October 4, 2021. NurPhoto | NurPhoto | Getty Images Merck on Tuesday reported second-quarter revenue that topped expectations on strong sales of its
In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT Paxlovid, Pfizer’s anti-viral medication to treat the coronavirus disease (COVID-19), is displayed in this picture illustration taken October 7, 2022. Wolfgang Rattay | Reuters The National Institutes of Health said Monday it launched mid-stage clinical trials to test at least four treatments, including Pfizer‘s antiviral
In this article HSBA-GB Follow your favorite stocksCREATE FREE ACCOUNT An HSBC Holdings bank branch in Hong Kong on May 24, 2022. A Hong Kong-based trade platform launched by HSBC Holdings three years ago with much fanfare has shut down after failing to build a commercially viable business. Bertha Wang | Bloomberg | Getty Images
U.S. President Joe Biden, joined by Education Secretary Miguel Cardona, speaks on student loan debt in the Roosevelt Room of the White House August 24, 2022 in Washington, DC. Alex Wong | Getty Images News | Getty Images The Biden administration has launched a beta application for its new repayment plan for student loan borrowers.