Business

Burnout is a big deal. Here’s how managers can spot it

“Earlier this year, burnout was added to the World Health Organization’s list of official medical diagnoses. Burnoutcanoccur when we face chronic work stress, explained David Ballard, senior director of the American Psychological Association’s Office of Applied Psychology. We are really only… Continue Reading…

Business, Economy

“Main Street remains cautiously optimistic about the US economy”

“As economists and investors debate whether or not a recession looms on the horizon, small business owners believe the economy is poised to keep growing. But they’re nowhere near as confident as they were a year ago at this time. Small business… Continue Reading…

Business, Economy

“Apple TV+ spending more than $6 billion on new shows, plans to launch before Disney+: report”

” Apple Inc. AAPL, +1.60% has committed to spending more than $6 billion on original content for its upcoming streaming-video service, which it expects to launch within two months, the Financial Times reported Monday. … Bloomberg News report Monday said Apple is weighing a price of $9.99… Continue Reading…

Banking, Business, Economy

“[P.O.T.U.S.] Calls for a Big Fed Rate Cut, Again Criticizes Central Bank Chairman”

“President Trump on Monday called for the Federal Reserve to sharply cut interest rates and again criticized the central bank’s chairman for a “horrendous lack of vision,” while reiterating his belief that the U.S. economy is strong.” https://www.wsj.com/articles/trump-calls-for-a-big-fed-rate-cut-again-criticizes-central-bank-chairman-11566230832

Business, Stocks

“Macy’s shares sink as discounts to clear inventory hurt, tourism drops”

“Macy’s Inc <M.N> cut its full-year earnings forecast on Wednesday after missing estimates for quarterly profit for the first time in at least two years, as it discounted merchandise heavily to clear spring inventory, sending its shares down as much… Continue Reading…

Banking, Economy

“Ex-Fed boss Greenspan says ‘there is no barrier’ to Treasury yields falling below zero”

“There is some $15 trillion in government debt that now yields less than zero, and former Federal Reserve Chairman Alan Greenspan believes there’s no reason why U.S. government bond yields couldn’t join much of the developed world in the subzero… Continue Reading…

Business, Economy, Personal Finance

“Finance companies fleeing northeast for lower taxes in Florida”

“Look out Wall Street. Huge financial firms from the northeast are moving en masse to Palm Beach County in search of lower taxes and better weather. And the moves are spelling out big dollars for the local economy. “The harder… Continue Reading…

Banking, Business, Economy

“Deutsche Bank will exit global equities business and slash 18,000 jobs in sweeping overhaul”

“Deutsche Bank announced Sunday that it will pull out of global equities sales and trading, scale back investment banking and slash thousands of jobs as part of a sweeping restructuring plan to improve profitability. Deutsche will cut 18,000 jobs for a global headcount… Continue Reading…

Business, Economy

“Four day work weeks sound too good to be true. These companies make it work”

” Shake Shack recently announced it would test out the idea of a four-day workweek at some of its restaurants on the West Coast. The tests vary by restaurant, but employees work an average of 40 hours in four days with the… Continue Reading…

Banking, Economy

“Citi starts bank earnings on a positive note thanks to buybacks”

“Citigroup kicked off bank earnings season on Monday with solid results that were boosted by a splurge in share buybacks. The stronger-than-expected earnings from Citi (C) suggest America’s big banks continued to chug along during the second quarter in the face of a challenging economic… Continue Reading…