Carol Yepes/Getty Images Searches for jobs paying $20 per hour have overtaken searches for $15/hour roles on Indeed, according to a new report. Year over year, queries for $20/hour jobs have jumped 35.5% while searches listing “$15” have fallen 57.3% in the same period. The change reflects higher wage expectations from job seekers amid a…
Monthly Archives: August 2022
Jeremy Siegel. Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images Jeremy Siegel touted stocks, brushed off inflation worries, and issued a fresh caution to the Fed. The Wharton finance professor said Fed Chair Jerome Powell’s inflation outlook was too pessimistic. Inflation has peaked, and the Fed risks a recession if it hikes interest rates too far,…
IBT Many companies use the term artificial intelligence, or AI, as a way to generate excitement for their products and to present themselves as on the cutting edge of tech development. But what exactly is artificial intelligence? What does it involve? And how will it help the development of future generations? Find out the answers…
Brittany Chang/Insider There are only 23 Costco Business Centers across the US and these outposts take “bulk” to another level. Over 70% of its products are different from what’s available at a typical Costco warehouse. See what it’s like shopping at the Costco Business Center in Hackensack, New Jersey. Even if you consider yourself an…
Mary Meisenzahl/Insider I visited the oldest existing McDonald’s in Downey, California. The location has many original details from when it was built in 1954. The museum shows how McDonald’s went from a regional burger chain to an instantly recognizable symbol. The oldest remaining McDonald’s sits in Downey, California, outside of Los Angeles. Mary Meisenzahl/Insider As…
Then-President Donald Trump at the Mar-a-Lago estate in Palm Beach, Florida. NICHOLAS KAMM/AFP via Getty Images The RNC won’t foot Trump’s legal bills relating to the Mar-a-Lago raid, Politico reported. It’s a departure from the committee’s previous willingness to cover some of his personal legal fees. The reported decision came as Trump appointed a heavyweight…
President Joe Biden speaks about student loan debt forgiveness at the White House on August 24, 2022. AP Photo/Evan Vucci President Biden recently announced up to $20,000 in student debt forgiveness for some federal borrowers. A Harvard economist was previously opposed to cancellation, but now approves of it, she wrote in The New York Times. …
Charles Schwab’s CIO Liz Ann Sonders. Charles Schwab Federal Reserve will only cut rates when it’s worried about a recession, Charles Schwab’s CIO said. Friday’s jobs report will help markets to gauge the health of the US economy. Strong jobs numbers will let the Fed to “stay on their aggressive path,” Liz Ann Sonders told…
Sony has joined forces with Tencent to purchase a 30.34 percent share of FromSoftware, the developer behind titles like Elden Ring, Dark Souls 3 and Bloodborne. Tencent’s Sixjoy Hong Kong division will own 16.25 percent of FromSoftware’s shares, Sony will take a 14.09 percent interest and parent Kadokawa Group will remain the largest shareholder with a…
Earlier this month, Logitech said it was working on a gaming handheld to hook into your cloud gaming service of choice. Now, leaked images of the G Gaming Handheld have danced their way across the internet. Looking like a slimmer Steam Deck (or Switch), the image shows icons for Xbox, GeForce Now and Steam, as…