From MarketWatch: Scared of stocks? Most investors are too conservative with their retirement plans: With market volatility, it’s understandable why some Americans are hesitant to put their money into equities Read more
Tag: Labor
Opinion: A revolution on the supply side is needed to defeat inflation without crushing the global economy
MILAN, Italy (Project Syndicate)—Central banks’ efforts to contain high and rising inflation are fueling headwinds to growth and are threatening to tip the global economy into recession. But the proximate Read more
Inflation is killing the pay raises older workers get
Workers of all ages are getting pay raises — a huge relief for those worried about their everyday bills getting more expensive these days — but older employees’ increases can’t Read more
Scared of stocks? Most investors are too conservative with their retirement plans.
Investing conservatively is understandable, especially considering the uncertainty around the stock market and worrying about making your money stretch through a period of high inflation, but many investors are falling Read more
Wells Fargo CEO Charles Scharf: ‘Real-estate values moderating in the long term are a good thing’ and believe it or not, gas prices have been edging down ahead of Fourth of July
Hi, MarketWatchers. Don’t miss these top stories. ‘Grant Bae was a scam’: FTC shuts down grant-writing service they say ripped off dozens of minority-owned businesses during the pandemic Regulators say Read more
Good news: These 3 states and 3 cities will increase their minimum wage on July 1. Do you live in one of them?
Starting July 1, workers in several states will be entitled to a higher minimum wage. Thanks to a law enacted three years ago, Connecticut residents who currently make $13 an Read more
Wells Fargo CEO Charles Scharf: ‘Real-estate values moderating in the long term are a good thing’
Mortgage rates have risen, slowing down activity in the housing sector. Wells Fargo — along with many other companies — is trimming staff, in response to the grimmer economic outlook. Read more
Jobless claims inch lower in latest week
The numbers: Initial jobless claims fell 2,000 to 231,000 in the week ended June 25, the Labor Department said Thursday. Economists polled by The Wall Street Journal had estimated new Read more
Opinion: Here’s how a company can really boost shareholder value and its growth rate — especially in a bear market
In bear markets, winnings tend to go to investors who focus on fundamentals, not fads, and who pick stocks based on traditional business principles rather than the latest experimentation in Read more
‘Pokemon Go’ creator Niantic lays off 8% of its workforce, halts some projects
Niantic Inc. has laid off about 8% of its workforce and stopped production on several projects, the company said Wednesday, as the creator of the popular game “Pokémon Go” struggles Read more