Newsbreak 2 weeks ago in Administration, Around The World, Bidenomics, Economy, fuel taxes, Georgia, Georgia General Assembly, Inflation, News, Policy, state of emergency, State Watch 0 Category: Economy
Kemp declares state of emergency over inflation in Georgia
Newsbreak 2 weeks ago in Administration, Around The World, Bidenomics, Economy, fuel taxes, Georgia, Georgia General Assembly, Inflation, News, Policy, state of emergency, State Watch 0 Georgia Gov. Brian Kemp (R) declared a state of emergency for the Peach State over inflation rates Tuesday “From runaway federal spending to policies that hamstring domestic energy production, all Bidenomics has done is take more money out of the pockets of the middle class,” Kemp said in a press release. “While high prices continue to hit family budgets, hardworking Georgians deserve real relief, and…
High-income Americans rarely mix with poorer people. Restaurants like Applebee’s and Olive Garden are the exception.
Newsbreak 1 month ago in Around The World, Economy, high-income, low-income, low-income-communities, low-income-housing, low-income-workers, low-pay 0 The manager of an Olive Garden in Kansas gave staff a blunt ultimatum. Getty Images Americans are even less likely to mix with people from different socio-economic classes than pre-pandemic. We’re working remotely and shopping online more, and venturing outside of our own neighborhoods less. New research shows that affordable, chain restaurants are the exception. If you want to meet someone making a lot more…
A worker quitting a 6-figure job so she won’t have to return to the office full time says she’s a...
Newsbreak 1 month ago in Around The World, Careers, Economy, hybrid work, hybrid-working, Remote Work, remote worker, return to office, work-remotely 0 The 405 Freeway in California during rush-hour traffic. Patrick T. Fallon/AFP via Getty Images Felicia, 53, is leaving her job after being asked to work in person five days a week. For over a year she worked three days at home and two in her office — a perfect balance for her. But she’d rather find a job that pays less than keep going in…
‘People give up on recession just as it arrives’: Don’t count out an economic downturn just yet
Newsbreak 2 months ago in Analyst Note, Around The World, Economy, Markets, recession outlook, Recessions, Stock Market, US economic forecast 0 The slowdown in consumer spending means companies earn less money, which makes their stock less attractive. UCG / Getty Images Despite solid economic data, some Wall Street strategists are sticking with their gloomy outlook for the economy and stocks. A solid jobs market and a resilient consumer have increased the chances of a soft economic landing. But don’t count out a decline just yet: “People…
The Kremlin could pass a new rule making it the first in line to acquire the shares of certain companies...
Newsbreak 2 months ago in Around The World, Companies, Economy, News, Politics, Russia, Sanctions, Ukraine war 0 President Vladimir Putin’s administration has been making it harder to exit the Russian market. GAVRIIL GRIGOROV/SPUTNIK/AFP via Getty Images The Kremlin could pass a new rule allowing it priority rights to acquire shares from exiting foreign firms. This would make it harder for foreign companies to leave the Russian market. Moscow has been imposing an increasing number of restrictions on firms that want to exit…
A viral photo of a double-decker airplane seat design has ignited a fierce debate about farting
Newsbreak 4 months ago in Airplane seat, Airplanes, Around The World, double decker, Economy, Transportation 0 Seat designer Alejandro Núñez Vicente wants to improve economy travel with double-decker seats (not pictured) Marielle Descalsota/Insider A photo of a double-decker airplane seat has gone viral. The concept, designed by Alejandro Núñez Vicente, 23, first went viral last year. The internet has a few concerns about the new iteration, the biggest one being farting. A photo of a double-decker airplane seat has gone viral…
The layoffs are here for those who chose to ‘learn to code’
Newsbreak 5 months ago in Around The World, Careers, Coding, Economy, Layoffs, News, Recruiter, Revelio Labs, Software engineer, Tech industry, Tech Insider, Tech layoffs 0 Recruiters were overrepresented in layoffs last fall. Now software engineers are making up the majority of layoffs. DragonImages/Getty Images Software engineers have overwhelmingly faced layoffs this year, per data from Revelio Labs. Coders made up 14% of employees at tech companies, but represented 20% of layoffs in 2023. It’s a big shift from data from late last year, which showed recruiters were overwhelmingly cut. Coding…
Gen Z is smoking and drinking less and that’s cost the UK government $17 billion, says Bloomberg
Newsbreak 6 months ago in Alcohol, Alcohol free, Around The World, Cigarettes, Drinking, Economy, Healthcare, News, Sober Curious, Sobriety, Taxes, Tobacco, UK, United Kingdom, Weekend BI UK News 0 Some younger people are shunning alcohol or not drinking it at all. Getty Images Lower levels of smoking and drinking by Gen Z has affected the UK public finances, analysis suggests. Bloomberg estimates the UK missed out $11.4 billion in tobacco tax and $5.7 billion in alcohol tax since 2002. “Sin taxes” bring in revenue for governments, but alcohol and tobacco also cause health problems….
Gen Z’s newest relationship trend: dating a friend
Instead of relying on dating apps or meeting a stranger, Gen Z is increasingly finding romance in their friend groups. Arif Qazi / Insider Young people are adopting an old-fashioned solution for the humiliation and hassle of dating apps Whether it’s a meetup at a dimly lit bar, an awkward blind date, a speed-dating event, or even an answer to a classified ad in the…
The Supreme Court may shut down student loan forgiveness — and refinancing startups are waiting to pounce
Newsbreak 7 months ago in Advertising, Around The World, Biden, Congress, Debt, Discourse, discourse-freelance, Economy, Education, Finance, Insider Illustration, Interest Rates, News, Politics, Public Student Loan Forgiveness, Refinance, Sallie Mae, Student Debt, student loan forgiveness, Student Loans, Supreme Court, Thomas Gokey 0 Student loan refinancing companies like SoFi, Lendkey, and Navient offer big savings. But they also come with a big cost. Liam Eisenberg for Insider It’s an incredible feeling to finally become free of student debt, to feel the financial weight lifted off your shoulders after years of worrying about making payments. I’ve gotten to see this joy over the past year by helping people apply…
The housing market’s biggest shocker: Your rent may actually fall this year
Newsbreak 7 months ago in Apartment List, Apartments, Around The World, Chay Thawaranont, Denver, Discourse, Economy, Home Prices, housing construction, Housing Market, INSIDER graphics, Insider Illustration, Landlords, Markets, Nashville, News, Personal Finance, Phoenix, Real Estate, recession 2023, Rent, rent hikes, Rent prices, Robyn Phelps, San Francisco, Seattle, Tech Insider, Tech layoffs 0 The apartment market is “rapidly shifting in favor of renters,” and that means tenants can expect lower rent and a lot of new perks. Robyn Phelps/Insider Tenants are finally gaining power in the housing market It’s been a painful couple of years for renters. Discounts from early in the pandemic, for those lucky enough to nab them, eventually gave way to hefty rent hikes. Lines…
Tesla lost its edge — and Elon Musk has no one but himself to blame
Tesla spent the past two decades defying expectations and disrupting the automotive industry, but now it’s starting to fall behind the rest of the auto industry. Getty; Marianne Ayala/Insider How Elon Musk turned his crown jewel into an overpriced jalopy Mark has been driving a Tesla since 2014. But after almost a decade of loyalty to Elon Musk’s electric-car company, his faith is starting to…
Gary Vaynerchuk compares the rise of AI like ChatGPT to the way the internet revolutionized work: ‘AI is coming for...
Newsbreak 7 months ago in AI, Around The World, artificial intellegence, automation, Bard, ChatGPT, Economy, Google, labor shortage, Microsoft, Workers 0 Entrepreneur and internet character Gary Vaynerchuk is optimistic that employees will survive the rise of AI, though some consultants are more ambivalent. Eric Gaillard/Reuters Gary Vaynerchuk predicts that AI software program like ChatGPT will eradicate many jobs. He’s optimistic about employees’ potential to rally and adapt to AI, or create new roles. That’s been true to an extent about earlier varieties of automation, however AI…
A Chinese city is offering couples almost $2,900 to have a third child and some others are giving newlyweds paid...
Newsbreak 7 months ago in Around The World, China, Demographics, Economy, International, International News, News, Population 0 China’s encouraging its residents to have more kids amid a shrinking inhabitants. CFOTO/Future Publishing/Getty Images The Chinese city of Hangzhou is giving $2,900 to dad and mom welcoming a third child this year. Some different cities are giving almost 30 days of marriage leave to boost the birth rate. China’s coping with a demographic disaster as its inhabitants shrinks for the first time in 60…
US could default on debt as soon as June: analysis
Newsbreak 7 months ago in Around The World, Budget, Business, Debt Ceiling, debt default, Economy, federal debt limit, Inflation, Personal Finance, Recession, Treasury Department 0 The U.S. could default on the nationwide debt as soon as June if lawmakers and the White House don’t strike a deal to lift the federal borrowing restrict, in accordance with projections released Wednesday by outstanding non-partisan suppose tank The Bipartisan Policy Center (BPC), which intently tracked the debt ceiling, issued new projections Wednesday of the “X-Date,” the date at which the Treasury Department will…
‘We haven’t left the bubble’: Wall Street’s elite investors are privately warning that the stock market is headed for a...
Newsbreak 7 months ago in Alyssa Powell, Around The World, China, China Economy, Discourse, Economy, European Union, Federal Reserve, Finance, Germany, Inflation, Insider Illustration, Interest Rates, Investing, Jerome Powell, Markets, News, Politics, recession 2023, Stock Market Crash, Wall Street 0 Wall Street was lulled into a false sense of safety, in keeping with the investing world’s elite, and this complacency will make the coming stock market reversal even more excruciating. Getty Images; Alyssa Powell/Insider Elite investors are privately warning that the market is headed for a second wave of pain The stock market has began off the year in a state of euphoria, shrugging off…
Beijing plans to hand out $6 a month to low-income families to help offset the cost of meals. The amount...
Newsbreak 7 months ago in Around The World, China, Consumer Price Index, Economy, Food Inflation, Inflation, International, News 0 People sporting face masks store at a market, following new circumstances of COVID-19 in the country, in Beijing, China January 11, 2021. Tingshu Wang/Reuters Beijing is planning to give practically $6 a month in subsidies to the metropolis’s low-income residents. The subsidy is supposed to help defray rising inflation in the capital metropolis. The $6 a month subsidy triggered many Chinese social media users who…
Why flying has turned into a nightmare of delayed flights, lost luggage, and tiny seats
Newsbreak 7 months ago in Airlines, American Airlines, Andy Kiersz, Around The World, delta airlines, Discourse, Economy, Flight Delays, Flying, Insider Illustration, JFK Airport, Marianne Ayala, News, Planes, Politics, Southwest Airlines, Tech Insider, Transportation, Travel, travel chaos, United Airlines 0 Shortsighted choices that prioritized effectivity and price cuts over high quality and consolation have made air journey and airline customer support a complete mess. Getty; Marianne Ayala/Insider It all began with one dumb regulation An opulent resort in New York’s John F. Kennedy Airport appears to be haunted by the ghost of aviation’s good occasions. The TWA Hotel provides visitors a luxurious keep, with 500…
From ‘quiet hiring’ to ‘rage making use of,’ here’s the top workplace buzzwords of 2023 – and what they mean
Newsbreak 7 months ago in Around The World, Business Visual Features, Careers, Economy, Employees, Features, gen z, Job Applications, News, quiet quitting, Rage Applying, Work, Workers, Workplace 0 Hybrid working is the new regular in many firms. Klaus Vedfelt/Getty Images Attitudes in the direction of work are altering as staff modify to a post-pandemic regular. There are actually a slew of new terms to describe work, from “rage applying” to “Bare Minimum Monday.” Check out some of this year’s greatest workplace buzzwords and what consultants have to say about them. The year continues…
Things are looking brighter for the US economy and it will dodge even a ‘mushy’ hit to growth as inflation...
Ed Yardeni on CNBC. CNBC The US economy will seemingly keep away from a recession or even a slowdown as inflation cools, in accordance to Ed Yardeni. “I’m not in the recession camp. I’m in the soft landing camp now and I’m wondering whether it should be in the no landing camp,” Yardeni told CNBC. Many analysts and market commentators have predicted a recession this…
I’ve been a Wall Street economist for 15 years. The deluge of crappy analysis being spouted by so-called ‘specialists’ has...
Newsbreak 8 months ago in Around The World, Discourse, discourse-freelance, Economy, Federal Reserve, Finance, GDP, Inflation, Insider Illustration, Investing, Investments, Markets, Neil Dutta, News, Recession, Robyn Phelps, Stock Market Crash, Wall Street 0 A brand new ecosystem of alarmist analysts is utilizing low-quality knowledge to push a narrative of stock market doom and recession gloom. iStock; Robyn Phelps/Insider If an ‘professional’ is warning you that the market is about to crash, verify their math Beyond popping up as speaking heads on cable information, Wall Street analysts and economists serve an important goal serving to to information the monetary…
Biden played the State of the Union completely, but the raucous GOP proved he’s dealing with a whole new kind...
A composite picture of President Joe Biden and Rep. Marjorie Taylor Greene, a Georgia Republican, booing the president throughout the State of the Union. Susan Walsh/AP; Win McNamee/Getty Images Tuesday’s State of the Union handle was an at instances raucous affair. Rep. Marjorie Taylor Greene shouted down Joe Biden, together with calling the president a liar. Biden also appeared to get pleasure from the verbal…
China keeps insisting its real-estate market is not in a crisis — even as just about every sign points to...
Newsbreak 8 months ago in Around The World, China, Debt, Economy, International, International Monetary Fund, Markets, News, property, Real Estate 0 China’s real-estate sector is mired in debt woes. Xu Jinbai/VCG/Getty Images The IMF said in a report on China’s financial system that the country’s property crisis stays “unresolved.” But China’s hit back at that, saying its property market “has been operating smoothly in general, and is not in a ‘crisis’ situation.” China’s actual property market has been mired in debt woes for the past few…
China’s shrinking population is a grim omen for the rest of the world
Newsbreak 8 months ago in Alyssa Powell, Andrew Flowers, Around The World, Birth Rate, China, Chris Forman, Demographics, Discourse, discourse-freelance, Economy, Europe, Future of Work, Global Economy, India, INSIDER graphics, Insider Illustration, InsiderAsia, labor shortage, Markets, News, Nordic, Politics, Population, population growth, Retail, Sebastian Dettmers, Shayanne Gal, Tech Insider, Workers, Workforce 0 China will lose half its population by the end of the century. The population decline is a warning for the US and Europe. Alyssa Powell/Insider The country’s shrinking population is a grim omen for the rest of the world China’s population is shrinking. While the huge country is nonetheless dwelling to 1.4 billion people — practically one out of each 5 people on Earth —…
The massive wave of layoffs is giving tech workers a brutal wake-up call about the reality of work
Newsbreak 8 months ago in Alphabet, Around The World, Careers, Discourse, Economy, Facebook, Finance, Future of Work, Goldman Sachs, Google, Insider Illustration, Job Market, Layoffs, Markets, Meta, Morgan Stanley, Rachel Mendelson, Salesforce, Strategy, Tech Insider, Tech layoffs, Wall Street 0 Layoffs are forcing tech workers to confront a harsh fact: the office is not the same factor as a household. iStock; Rachel Mendelson/Insider Dehumanizing. Gut-wrenching. Slap in the face. Betrayed. Tech workers are utilizing all kinds of emotional phrases to explain the layoff wave that has gripped the trade and turn into the speak of the enterprise world. “I’m shocked and hurt and still processing,”…
Russia’s central bank just issued a warning about ‘new economic shocks,’ and it shows the new $60/barrel cap on oil...
Newsbreak 10 months ago in Around The World, Economy, Energy, Energy Price Cap, EU, G7, International, News, Oil, price cap, Putin, Russia, Turkey 0 President Vladimir Putin’s partial mobilization of males for the Ukraine battle hit the Russian financial system briefly, however it has since overcome the droop, stated the Bank of Russia. Mikhail Metzel The worth cap on Russian crude and EU’s oil embargo current “new economic shocks,” the Bank of Russia stated. They might “significantly reduce” Russia’s economic exercise in the coming months, per the bank. Russia…
Tim Cook says Apple will use US-made chips for the first time in nearly a decade as the tech giant...
TSMC founder Morris Chang and Apple CEO Tim Cook at TSMC’s facility in Phoenix, Arizona. Ross D. Franklin/Associated Press Apple will be sourcing chips from TSCM’s Arizona plant in the US, stated CEO Tim Cook. Apple is stepping up on efforts to shift manufacturing out of China, amid strict pandemic restrictions. TSCM stated it is tripling its deliberate funding in the Arizona plant to $40…
Chinese stocks rally after the country’s top pandemic official signals a softening of the country’s draconian Covid-zero stance
Newsbreak 10 months ago in Around The World, China, Covid-19, Economy, Fed, Interest Rates, Lockdowns, Markets, MI Exclusive, News, Pandemic, Stocks 0 Rare protests broke out in China final weekend as residents hit again in opposition to Chinas strict Covid-zero measures. Kevin Frayer/Getty Images Vice Premier Sun Chunlan stated China’s pandemic is at a “new stage” that comes with new duties. Sun’s phrases carry weight as she’s the face of China’s hardline Covid-zero method. Hong Kong and Chinese stocks are increased on optimism China is eyeing an…
Meet a Great Resignation quitter who thinks the whole movement is a lie: ‘It’s still not to the benefit of...
Newsbreak 10 months ago in Around The World, Economy, exploitation, great resignation, labor shortage, labor shortages, regrets, The great regret, the great resignation, wage gap 0 Jacques Julien/Getty Like thousands and thousands of staff, Sharon wasn’t feeling appreciated in her previous position. She sought a new job in a sizzling labor market, however she stated her new position still felt exploitative. She’s discovered herself between two teams of staff greatest positioned to benefit from the movement. Sharon thinks the Great Resignation is a lie. And she ought to know — she…
Bank of Canada’s Carolyn Rogers flags first-time homebuyers facing ‘set off charges’ as risk
About half of variable-rate, fixed-payment mortgages have hit their set off charges, financial institution estimates Go to Source
Popular Stories
How the ResMed AirSense 10 can improve cardiovascular health and... cpapoutlet.ca
Customizing CPAP Therapy: Tailoring Treatment for Sleep Apnea Success cpapoutlet.ca
Elevate Your Online Presence with A1 Digitizing: Your Trusted Partner... a1digitizing.com
Chenille Embroidery Transformed by True Digitizing truedigitizing.com