After dropping dramatically late last week, mortgage rates are ticking back up again today. However, they still remain lower than they have been in recent weeks. Rates have been volatile this month as investors balance record levels of inflation with the growing risk of a recession. Even though they’re slightly down compared to previous weeks,…
Monthly Archives: August 2022
In 2022 work-from-home became a codified practice for some companies. Morsa Images/Getty Images Some signs point to a recession, while others indicate a stable job market. These opposing conditions have left job seekers scratching their heads. Insider compiled a collection of career advice from career coaches, economists, and more. In 2022, the world of work…
Russia has slashed natural gas flows to Europe. AP Photo/Michael Sohn, File Germany would tumble into a deep recession if Russia cuts off natural gas supplies altogether, Commerzbank has warned. The bank said Wednesday that Europe’s biggest economy could shrink 2.7% this year in a worst-case scenario. Policymakers are increasingly concerned Russia could halt flows,…
I have yet to scam my bosses. And while I definitely won’t, some folks have, and are taking it to the extreme — by outsourcing their jobs to other people. I’m Jordan Parker Erb, and I wrote this newsletter. It was not outsourced. Today, I’m showing you how companies are discovering fraudsters with sneaky side…
Queues form at Heathrow airport, which has been beset by labor shortages and flight delays. Anadolu Agency / Contributor / Getty A Heathrow worker said the summer travel chaos has made them ashamed to work at the airport. “I see hours of queues, crying little kids . . . I am genuinely sorry,” the worker told the FT. The…
More than 4,000 pieces of luggage had been lost or misplaced in Dublin airport. Paul Ellis/AFP via Getty Images A passenger believes he saw his lost luggage dumped in the trash at Dublin airport, per ITV news. Fergus Mulligan said he saw his green suitcase in pictures shared with UTV last month. Ground handlers at…
The bear market will likely drag on as long as the Federal Reserve stays hawkish, according to Evercore ISI’s Julian Emanuel. Screengrab via Bloomberg The bear market will drag on as the Federal Reserve stays hawkish, according to Evercore ISI’s Julian Emanuel. He warned investors to brace for a “dangerous month” where the sell-off could…
Soldiers disembark from AAV7 amphibious assault vehicles during the Han Kuang military exercise, which simulates China’s People’s Liberation Army (PLA) invading the island, on July 28, 2022 in Pingtung, Taiwan. Annabelle Chih/Getty Images Taiwan just wrapped up its largest annual military exercise simulating an attack by Chinese forces. The Han Kuang exercises help ready not…
The Financial Times has published a lengthy report saying that Apple has fostered a culture of apathy toward reports of employee misconduct, and has actively retaliated against staff members who complained about colleagues, including those who reported incidents of sexual assault. If accurate, the allegations are at odds with the image of inclusiveness that Apple…
Plugging in a proper PlayStation headset for the first time can be a literal game-changer. Whether you’re trying to get as immersed as possible in solo gaming sessions, or wanting to boost your comms in multiplayer modes, a good-quality gaming headset can change your prospects drastically. Best PlayStation 5 games: Amazing PS5 titles to pick…