Federal Reserve Chairman Jerome Powell confirmed on Wednesday that there will likely be more interest rate increases until significant progress is made in reducing inflation. In his remarks to the House Financial Services Committee, Powell stated that the recent decision to not raise rates was only a temporary pause and not an indication that the …
Alexandra Fine, the CEO of a multimillion-dollar business, often finds herself feeling unsatisfied despite her success. At just 26 years old, Fine co-founded Dame, a sexual wellness brand, with Janet Lieberman, an MIT-trained mechanical engineer. Their goal was to create vibrators that could help bridge the “pleasure gap” between men and women. Interestingly, Fine never …
No country has yet achieved complete gender equality, although certain countries are making significant strides in closing the gender gap. This is according to a recent report by the World Economic Forum (WEF), which predicts that global gender inequality will persist until at least 2154. The report, called the Global Gender Gap Report, evaluates gender …
Images By Tang Ming Tung | Digitalvision | Getty Images In May, workers experienced a positive growth in their buying power for the first time in two years, as inflation continued to decline from its peak during the pandemic. This is welcome news for households, as it means they can rely more on their paychecks …
A Southwest Airlines Co. Boeing 737 passenger jet is being directed by a worker as it pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Photograph by Luke Sharrett, courtesy of Bloomberg. Southwest Airlines announced on Friday that it has reached a preliminary agreement with …
Marchers with Starbucks paraded through the iconic intersection of Hollywood and Highland during the annual Pride Parade in Los Angeles on June 12, 2022 (David Mcnew | Getty Images). Strikes have begun at certain Starbucks stores in Seattle, following a public dispute between the coffee giant and the baristas’ union over claims of the company …
Aircraft fuselages intended for Boeing’s 737 Max production facility are awaiting shipment at Spirit AeroSystems Holdings Inc, the top supplier in Wichita, Kansas, USA (December 17, 2019). Nick Oxford | Reuters Boeing supplier Spirit AeroSystems has ceased operations at its Wichita, Kansas-based plant following a vote against a new labor agreement and in favor of …
The headquarters of Grab Holdings Ltd., located in Singapore. Grab Holdings Ltd. recently announced its latest earnings on February 23, 2023. Bryan van der Beek | Bloomberg | Getty Images Singapore-based company Grab Holdings is undergoing a restructuring process that involves cutting over 1,000 jobs, according to its CEO’s statement on Tuesday. This move is …
Lansing, Michigan is undergoing a significant transformation as it adapts to the post-Covid world. With remote and hybrid work models becoming the new normal, downtown centers across the country are experiencing changes in demographics and cultural shifts. Lansing is no exception, as it aims to attract people to live or visit by reimagining its downtown …
Many workers choose to remain secretive about their trips in order to avoid productivity concerns and questions about taxes from their employers. However, others have shared with CNBC Travel that they keep their trips a secret for different reasons, and have requested that their full names not be published to prevent identification by their employers. …