Tag Archives: MoneyWatch

Similar to “quiet quitting,” a phenomenon in which disenchanted employees choose to do the bare minimum at their job, a new trend is taking off among Gen Z: rage applying. The trend is popping up on TikTok, where many young employees are venting their fears and frustrations with work. In truth, “rage …

Economists and CEOs entered 2023 bracing for a recession. But a funny thing happened on the way to the downturn: The economy, propelled by surprisingly strong job growth and steady consumer spending despite high inflation, decided not to cooperate. Despite a concerted effort by the Federal Reserve to hamstring economic …

The fine art of finding affordable tickets to Taylor Swift’s Eras Tour takes persistence, collaboration and a good deal of luck. There’s a large element of chance to scoring reasonably priced tickets to the sold-out tour. A few fans have reported being able to buy tickets at face value simply because …

Three years since the pandemic spurred the remote work phenomenon, employees want to retain their flexibility, while bosses are prioritizing satisfying customers over workers. Instances of the latter have included employers rescinding prized perks like the option to work from anywhere, and cheering on workers who make personal sacrifices in …

Dominion Voting Systems won big in striking a historic $787 million settlement with Fox News over allegations the broadcaster had defamed the election equipment company. But the biggest financial winner is midsize private equity firm that turned a five-year-old investment in Dominion into a tenfold return. The firm, Staple Street …

Amazon’s total injury rate for warehouse workers took a dip last year, but injuries were still worse than they were in 2020, according to an analysis released by a coalition of labor unions. The report, which was compiled by the Strategic Organizing Center and examines data Amazon has submitted to …

Burned out at work and feeling the pain of inflation, Americans are turning to a time-honored capitalist tradition: Starting their own businesses. People in the U.S. launched about 5 million businesses last year, according to a new survey of 1,600 entrepreneurs from Gusto, an HR and payroll platform. Although that’s …

If measures of the U.S. economy keep coming in hot, as they did in January, the Federal Reserve will likely have to raise interest rates even higher than it has already signaled — and keep them there longer — Chair Jerome Powell will likely warn in testimony to Congress on …

Apartment rental prices have dropped in every major metropolitan region across the U.S. over the past seven months as the largest batch of new housing in almost 40 years hits markets across the country.  After surging for much of the past two years, rents fell every month from last August …

British consumer goods company Reckitt has recalled two batches of a plant-based infant formula product over contamination concerns.  The company said it’s recalling the infant formula “out of an abundance of caution” after samples tested negative for contaminants.  No consumers have reported adverse reactions to the product, Reckitt said in …