Despite dire financial outlook for much of the globe, a new study has claimed many IT departments are expecting to increase their budgets in the next year. Spiceworks Ziff Davis (SWZD)’s 2023 State of IT report cites the highest levels of inflation in 40 years, and the upward trend in energy prices, as some of…
Monthly Archives: September 2022
Special master Raymond Dearie. Reuters The special master will have to wait a little longer to get his hands on files lugged to Mar-a-Lago. None of the five vendors the DOJ suggested to scan docs wanted to work with Trump, per a new filing. The DOJ asked for one more day to choose someone to…
House Speaker Nancy Pelosi at a press conference on Capitol Hill on August 12, 2022. Sarah Silbiger for The Washington Post via Getty Images House Democratic leaders released the “Combatting Financial Conflicts of Interest in Government Act.” The text comes after months of back-and-forth between Pelosi and lawmakers, and a vote may come this week….
Former U.S. Labor Secretary Robert Reich testifies before the Joint Economic Committee January 16, 2014 in Washington, DC. Win McNamee/Getty Images Corporate greed, not wages, is fueling inflation, says former President Bill Clinton’s Secretary of Labor. Robert Reich says antitrust enforcement — and potentially price controls — are needed to combat inflation. Economists disagree on…
MoMo Productions/Getty Older Americans are struggling to rejoin the workforce, and it’s weighing on the economy. A new ZipRecruiter study found that ageism, technology gaps, and weak confidence are holding seniors back. Failure to rehire older workers could doom the US to subpar growth and put more pressure on working Americans. It wasn’t just early…
The pandemic drove a dramatic increase in time US consumers spend per day with media. Most of those increases will stick in 2021; but traditional TV will lose all its 2020 gains. Do you work in the Marketing, Media & Advertising industry? Get business insights on the latest tech innovations, market trends, and your competitors…
The five-deck Axioma boasts six cabins and has a glass elevator, cinema, and infinity pool. Courtesy of YachtCharterFleet A five-deck superyacht seized from Russian steel tycoon Dmitry Pumpyansky has been sold. The Axioma, which had previously been valued at $75 million, sold for $37.5 million, per Reuters. The identity of the buyer has not been…
Fidelity; General Atlantic; Jefferies Group; Goldman Sachs; Rachel Mendelson/Insider As Wall Street navigates volatile markets, fewer deals, and plummeting company valuations, we take a look at the players rising up despite the challenges and grasping opportunities as they see them. Insider has pinpointed the young professionals on the runway to success even as banks…
Hi. I’m Aaron Weinman. Some of the world’s largest banks from Goldman Sachs to Morgan Stanley will cough up nearly $2 billion in penalties to the US regulators for failing to sufficiently monitor their employees’ use of unauthorized messaging apps. The financial institutions admitted that their conduct violated recordkeeping provisions outlined in federal securities laws,…
Satellite imagery shows Hurricane Ian approaching Florida on the evening of September 27, 2022. National Hurricane Center Some Florida hotels are offering reduced rates for residents to shelter from Hurricane Ian. Rosen Hotels & Resorts announced it was offering special “distress rates” across some properties. The hotel chain is also waiving pet fees for those…