August 20, 2020
“German researchers are to give a group of people just over £1,000 ($1,307) a month each, in a trial looking at the potential benefits of introducing a wider universal basic income (UBI). The experiment will asses how giving 120 people €1,200 (£1,085)… Continue Reading…
July 2, 2020
“Energy company BP said Monday that its global workforce will be trimmed by 10,000 jobs… Chief Executive Bernard Looney said that the roles will be office-based and come mostly this year. The company’s current global workforce is 70,000. The changes… Continue Reading…
June 18, 2020
“AT&T Inc plans to cut more than 3,400 technician and clerical jobs across the country over the next few weeks, the wireless carrier told its main labor union, the Communications Workers of America, on Tuesday. The U.S. telecom and media… Continue Reading…
April 28, 2020
“Two years ago, when gold was hovering at the $1,200 range, the idea of gold surpassing $1,700 seemed like a pipe dream to many investors. Remember, August 2018 marked a 5-month period of intense selling pressure. Nobody wanted gold, from… Continue Reading…
March 19, 2020
“JPMorgan Chase is closing about a fifth of its bank branches to help contain the spread of COVID-19. The finance giant will shutter about 1,000 Chase bank locations temporarily, according to a memo sent to employees Wednesday. The roughly 4,000 other branches will… Continue Reading…
December 31, 2019
“The Nasdaq crossed the 9,000-point mark for the first time on Thursday as all three major Wall Street indexes posted record closing highs, boosted by optimism over U.S.-China trade relations and gains in shares of Amazon.com after a report signaled… Continue Reading…
November 23, 2019
“Nearly half (49%) of people with retirement accounts have withdrawn the money early, according to data released Thursday by Bankrate. Other data show a similar pattern: In a survey of more than 1,000 adults released this year by MagnifyMoney, roughly half… Continue Reading…
November 11, 2019
“There’s a new type of Takata airbag failure to worry about on top of the recall that recently affected at least 37 million cars worldwide. BMW Australia initiated a voluntary recall of 12,663 E46-generation 3 Series cars following two separate airbag-related incidents… Continue Reading…
October 8, 2019
” Shares of General Electric Co. GE, -0.82% surged 2.6% in premarket trading Monday, after the industrial conglomerate said it was freezing the U.S. pension plan for about 20,000 employees with salaried benefits, and supplementary pension benefits for 700 employees…. GE’s stock has… Continue Reading…
September 26, 2019
“The average total cost of employer-provided health coverage passed $20,000 for a family plan this year, according to a new survey… Annual premiums rose 5% to hit $20,576 for an employer-provided family plan in 2019, according to the yearly poll… Continue Reading…
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