Amazon warehouse workers in Alabama got a surprise ally in US Sen. Marco Rubio, with the conservative lawmaker revealing on Friday that he supports their efforts to unionize. The Republican senator from Florida published an op-ed in USA Today that accused Amazon AMZN, -0.77% of waging “a war against working-class values”Read More →
On Thursday evening, President-elect Joe Biden said he will call for $1,400 stimulus checks and more vaccine funds as part of a $1.9 trillion COVID-19 relief plan. “President-elect Biden announced a proposed relief and recovery package that provides relief that is commensurate with the scale of the economic challengeRead More →
Amazon stepped up its hiring efforts on Monday, saying it would hire an additional 100,000 employees to meet the surge in demand for online shopping during the epidemic. The world’s largest online retailer, run by Jeff Bezos, said the new positions are full- and part-time jobs across the U.S.Read More →
The numbers: Initial jobless claims rose in the week ended July 18 for the first time since late March. New applications for unemployment benefits, a rough gauge of layoffs, rose by 109,000 to 1.42 million, the Labor Department said Thursday. The figures are seasonally adjusted. Economists polled by MarketWatchRead More →
With the country entering its third week of protests over social and racial justice, the spotlight has been cast again on the state of blacks in the workforce — in particular, the glacial progress of diversity in tech. It’s a topic that has flickered for decades, with fitful attempts atRead More →
The COVID-19 outbreak appears headed for the U.S., and the Centers for Disease Control and Prevention are urging Americans to prepare now, such as by stocking up on food and prescription drugs. But since the U.S. economy and its workforce are also at risk of getting sick — a concernRead More →
A federal rule that could have helped protect health-care workers from coronavirus has been stuck in regulatory limbo since the start of the Trump administration. An Occupational Safety and Health Administration rule in the works since 2010 was designed to ensure that employers have in place comprehensive programs to protectRead More →
Former New York mayor Mike Bloomberg vowed Friday to release female former employees from nondisclosure agreements, days after Sen. Elizabeth Warren of Massachusetts hammered him on hush agreements at the Democratic presidential debate in Las Vegas. The billionaire said in a statement that his namesake company had identified three NDAsRead More →
About 300 Oracle Corp. employees reportedly walked out Thursday to protest a fundraiser for President Donald Trump held the day before by co-founder and Chairman Larry Ellison. Bloomberg News reported about 300 workers left their offices or stopped working at remote sites around noon, Pacific time, and spent the remainderRead More →
Hello Catey, I am a 53-year-old woman who is looking to retire within the next 18 months. I currently have a home that is paid for which I plan to use as a home base. Outside of that home, my assets are $150,000 cash savings and $1.4 million in myRead More →
I have devoted my entire adult life to learning about money. That might sound like cruel-and-unusual punishment, but I’ve mostly enjoyed it. For more than three decades, I’ve spent my days perusing the business pages, reading finance books, scanning academic studies and talking to countless folks about their finances. Yet,Read More →
Dairy milk got a bad reception at Sunday’s Academy Awards. Joaquin Phoenix took aim at dairy farming in his Oscars speech for Best Actor in a Leading Role for “Joker.” “We go into the natural world and we plunder it for its resources. We feel entitled to artificially inseminate aRead More →
Dear Moneyist, When my father passed away, he left his house and all his money to my son. I was not included in the will. I took care of my father seven days a week when he came back from the hospital. I never received any payment from him exceptRead More →
Reynolds Consumer Products Inc., with its portfolio of consumer goods from Hefty bags to Reynolds Wrap, has been focused on e-commerce for years, according to Chief Executive Lance Mitchell, which should pay off as online grocery shopping grows. Mitchell notes that Reynolds Consumer REYN, +3.71% products are “shelf stable,” meaningRead More →
Toxic workplaces have become easier for corporate shareholders to recognize. This bodes well for changing practices to create safer, stronger companies and foster better business outcomes. Yet identifying bad practices isn’t enough. Culture management is a hard, technical skill. Company leaders need to paint a positive picture of the future in order forRead More →
The slacker generation is slacking on preparing for retirement. On Thursday, financial firm Fidelity Investments released its biennial Retirement Savings Assessment, which looks at how ready Americans are to retire. Overall, the average American saver has “steadily improved their retirement readiness over the last 15 years to have 83% ofRead More →
The most fortunate young Americans are ahead of their older peers when they were their age. A sizeable number have seen a savings bump in recent years. One quarter of millenmials have $100,000 or more in savings, up from 16% two years ago, according to Bank of America’s BAC, -0.69%Read More →
Dear Moneyist, I divorced a little over a year ago, and my ex-husband died suddenly. One of our investment accounts was ordered to be split $30,000/$60,000, as per our divorce agreement. I signed my paperwork, but he never got around to it. Also see: ‘My husband’s kids hate me andRead More →
As if students and parents didn’t have enough to worry about in choosing a college — academics, ambience, selectivity and, of course, cost — the political climate on U.S. campuses is becoming more of a concern. Why? Because “woke” progressivism is received wisdom in academia these days, and students whoRead More →
iStock Bridges connecting Punta Gorda and Port Charlotte. Dear Catey, I am 67 and retired, my wife is 64 and retired. Both of us are in pretty good health, but my wife has some COPD issues that a warmer, healthier climate could definitely improve. Our present combined Social Security incomeRead More →
The Earned Income Tax Credit is designed to act as a cash infusion to low-income families. In fact, some experts have called it “one of the largest and most studied antipoverty programs in the United States.” And yet, far too many taxpayers aren’t aware of the credit, according to aRead More →
For the first time, Uber UBER, +0.43% is allowing drivers to have control over the fares they charge riders. But given the fierce competition across ride-hailing apps, industry experts say this could lead to a price-cutting battle between drivers vying for riders. Uber said on Tuesday it is testing theRead More →
Name: Cheryl Reeve Age: 53 Occupation: Head coach and general manager of the WNBA’s Minnesota Lynx Location: Minneapolis Was coaching always on your radar? It really wasn’t because I don’t think as a young person, you think ‘I want to coach.’ I had been a counselor at a basketball camp when I first made myRead More →
Just five lifestyle habits can transform your health prospects in old age, and while they are uncomplicated, they may not be easy to implement all at once. There are five habits in particular that, if established in middle age, could free an individual from chronic diseases later in life, accordingRead More →
Retirement dreaming on such a winter’s day. More than half of workers say traveling and spending more time with family and friends are what they’d relish when they step away from the workplace, and almost half cite devoting time to their hobbies. A notable 30% of workers, however, hope toRead More →
