Economist Stephen Moore warned on Monday that the United States is already in a "soft recession," noting that the "real question" is now whether the Federal Reserve can achieve a soft landing. READ MORE
The economic consequences of overturning Roe v. Wade
The repercussions of denying someone an abortion goes beyond just health. It can also lead to harmful financial outcomes for the individual.
On Friday, the Supreme Court voted to overturn Roe v. Wade, the landmark 1973 ruling which recognized abortion as a safe and legal procedure within the U.S. READ MORE
CEOs react to the Supreme Court’s decision to overturn Roe v. Wade
The U.S. Supreme Court’s decision to reverse Roe v. Wade will likely lead to abortion access being cut off in dozens of states. The historic ruling has captured national attention, and is pressuring business leaders to take a stance on women’s reproductive rights. READ MORE
What to expect from a recession 'everyone' sees coming
It seems like "everybody" these days is saying we’re going into recession.
So: are they right?
I’ve covered the markets and the economy for four decades, and I can’t recall a time when more people — or at least prognosticators, economists, and bankers — were more certain that an economic downturn was imminent. READ MORE
How to scrub yourself from the internet, the best that you can
Data brokers collect detailed information about who we are based on our things like our online activity, real world purchases and public records. Together, it’s enough to figure out your political leanings and health status, even if you’re pregnant. Friday’s news that the Supreme Court had overturned Roe v. Wade, and abortion could become illegal in at 13 states within a month, highlight concerns about ways these piles of information could be used. READ MORE
Google’s ‘sentient AI child’ could ‘escape and do bad things’, insider claims
A GOOGLE engineer who says the tech giant has created a 'sentient AI child' is now claiming it could escape and do "bad things".
Engineer Blake Lemoine has been suspended by Google, which says he violated its confidentiality policies. READ MORE
Major companies offer to cover abortion expenses after Roe ruling
A growing number of major corporations, including Alaska Airlines, Dick's Sporting Goods, JPMorgan, Lyft and Apple have pledged to cover travel expenses for employees seeking out-of-state abortions. READ MORE
People Are Sharing 'Motivational' Things Their Jobs Tried That Totally Backfired
It's been a year since what we now know as The Great Resignation began, but with inflation on the rise, more employees are quitting their lacking jobs in search of new and better opportunities.
Reddit user u/CasperTFG_808 recently asked, "What is your 'The beatings will continue until Morale improves' work story?" Here are a few horror stories from some employees who deserve much better: READ MORE
The stock market is poised for a strong 2nd half of 2022 as the US economy avoids a recession and inflation gets cut in half
The Open Secret of Google Search
A few weeks ago my house had a septic-tank emergency, which is as awful as it sounds. As unspeakable things began to burble up from my shower drain, I did what any smartphone-dependent person would: I frantically Googled something along the lines of poop coming from shower drain bad what to do. I was met with a slew of cookie-cutter websites, most of which appeared hastily generated and were choked with enough repetitive buzzwords as to be barely readable. Virtually everything I found was unhelpful, so we did the old-fashioned thing and called a professional. The emergency came and went, but I kept thinking about those middling search results—how they typified a zombified internet wasteland. READ MORE
How to Value Your Startup Today: Look Toward Tomorrow
Ella Fitzgerald famously quipped, “It isn’t where you came from, it’s where you’re going that counts.”
The American crooner’s advice, it turns out, is appropriate not just for jazz singers but also for companies considering their valuations in the current economic climate.
Here’s how startups should be ascertaining their valuation in today’s market based on these timely words. READ MORE
SpaceX says 5G expansion would make Starlink 'unusable' for most Americans
SpaceX, Dish Network and other 5G providers are locked in a heated battle over radio frequencies, which SpaceX says it needs for its orbital internet service, Starlink, and which Dish says it needs for its own customers. READ MORE
Job market whiplash is hitting tech and crypto hard
The good times keep rolling for the labor market — there's still nearly two open jobs for every person who's looking -— but a spate of recent headlines about high-profile layoffs may be giving "spring 2020" energy. READ MORE
All 33 major US banks pass Fed's annual 'stress tests'
The nation’s major banks are in good shape and can withstand a severe economic contraction, the Federal Reserve determined Thursday.
The 33 largest banks received a passing grade from the Federal Reserve following the latest annual "stress tests." READ MORE
Many C-suite executives want to quit over burnout: survey
More than two-thirds of executives in corporate America’s top-earning C-suites say they are mulling whether to quit their jobs due to burnout, according to the results of a Deloitte survey released Wednesday.
The survey found that 69% of C-suite executives said they were “seriously considering quitting for a job that better supports their well-being.” That was compared to 57% of regular employees who answered the same way. READ MORE
How a Recession Could Weaken the Work-From-Home Revolution
Company culture may soon resemble what bosses want, rather than what workers want—and that could mean a lot more people in the office. READ MORE
U.S. tech companies yank job offers, leaving college grads scrambling
One by one, over the last week of May, Twitter Inc rang up some members of its incoming class of new hires who had recently graduated from college and revoked the job offers in 15-minute calls, according to some of the recipients.
“It was traumatic,” Iris Guo, an incoming associate product manager living in Toronto, told Reuters. She received the bad news in a 10:45 p.m. video call that her position had been eliminated. Since then, she has raced to find new employment in order to secure her U.S. work visa. READ MORE
CEO reveals the generational data behind the Great Reshuffle—and the Gen Z trend should frighten employers
LinkedIn CEO Ryan Roslansky has issued a word of warning to employers grappling with an intensifying battle for talent: “Motivate and inspire Gen Z, or risk being left behind.”
The professional social-network chief was addressing a crowd of advertising and marketing professionals in a packed conference hall in Cannes, France, where he discussed what LinkedIn data revealed about a shifting generational attitude toward the workplace. READ MORE
SpaceX fires employees who criticized Elon Musk
Elon Musk’s spacecraft engineering company SpaceX has reportedly fired several employees after they filed a letter of complaint criticizing the outspoken chief executive over his perceived inappropriate behavior.
The open letter, first reported by The Verge, criticized Musk’s activity on Twitter along with recent allegations of sexual harassment levied at him. READ MORE
Tech company CEO slams woke corporate culture, offers 'triggered' employees severance deal
A tech company CEO said Friday on "Fox & Friends" he decided to offer "triggered" employees an opportunity to leave the crypto trading company with four months of pay.
Kraken CEO Jesse Powell told host Ainsley Earhardt he wanted to restore his company's culture and avoid distractions, adding some employees felt it was better if they "just moved on." READ MORE
