Tag: Personnel
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Kalshi traders expect this week’s jobs report will disappoint Wall Street outlook
Dow Jones expects over 118,000 jobs will be added, but Kalshi traders give under 60% that over 100,000 jobs will be added.
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‘This bargain is eroding’: Inside the youngest generations’ view of the American Dream
Gen Z is at a tipping point, some economists say: the first U.S. generation in living memory where the majority may be unable to achieve the American Dream.
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Here are 3 big things we’re watching in the stock market in the week ahead
It’s jobs week, and Nike has a pivotal earnings report and a long-awaited breakup is complete.
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Why breakthrough GLP-1 weight loss pills may be a bad thing for employer insurance coverage
New GLP-1 weight-loss pills from Novo Nordisk and Eli Lilly are likely to boost consumer demand, but employer-sponsored health insurance may not foot the bill.
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Volkswagen plans to cut 15% of its workforce and close four German plants, report says
Auto giant Volkswagen is reportedly planning to cut 100,000 jobs and end production at four German plants over the coming years.
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Factory job cuts in June neared financial crisis and Covid levels, S&P says
Though the firm’s manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.
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Sens. Warren, Kelly press Trump administration on effects of tariffs on manufacturing
A pair of Democratic senators is asking for answers from the Trump administration on the effect of tariffs on U.S. manufacturing.
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Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves
Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing effective immediately.
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Massive bonuses for South Korea’s chip workers puts central bank on inflation alert
Workers from tech industries receive bonus worth millions of won, prompting the Bank of Korea to warn of the upward pressure to inflation.
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Amazon investigating engineers who criticized AI data center expansion
Five Amazon employees testified at Seattle City Council meetings where officials sought feedback on a year-long data center new construction pause.
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