As millions of U.S. workers quit their jobs in search of better pay, a trend known as the Great Resignation, new research offers a sense of how much people are looking to earn before they make the leap. The magic number? Individuals want annual pay of at least $73,000 to …
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Alaska Airlines wrongfully removed two Black Muslim men from one of its flights in Washington state after a fellow passenger complained about one of the men sending a text message in Arabic, a recent federal lawsuit alleges. Abobakkr Dirar and Mohamed Elamin boarded a trip in Seattle headed to San …
Read More »The NFL has lifted the curtain on its long-awaited streaming service, which will allow fans to watch live games on a smartphone or tablet. NFL+ costs $4.99 a month, or $39.99 a year, and comes with access to pre-season games and archived football footage, the league announced Monday. A higher-tier subscription, NFL+ …
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There’s a troubling situation spreading among car owners that could portend an implosion of the used car industry, according to a new report. Repossessions of vehicles are surging, and have even doubled among so-called “prime” borrowers, or people with good to excellent credit scores who are considered the least likely …
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Large corporations are biting the bullet this summer and giving raises to retain their employees — and help them cope with inflation. The average pay raise is around 3% a year, typically given between January and April. But soaring inflation, high gas prices and a tight labor market are creating …
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Ernst & Young cheated on the ethics section of the Certified Public Accountant exam and withheld evidence of the behavior from regulators, according to the Securities and Exchange Commission. The SEC has fined EY $100 million — the largest penalty ever for an accounting firm — the agency announced on …
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Stocks dipped Tuesday as global prices rose after the European Union announced a ban on most Russian oil imports by year-end. While Wall Street veered away from a bear market on Friday, inflation and rising interest rates, the war in Ukraine and China’s slowing economy are all punishing stocks and raising fears …
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A 1955 Mercedes-Benz, one of only two of its kind, was auctioned off earlier this month for a whopping 135 million euros ($143 million), making it the most expensive car ever sold, RM Sotheby’s announced Thursday. The Mercedes-Benz 300 SLR Uhlenhaut was sold to a private collector, the classic car …
Read More »A new government website is helping families find infant formula amid a national shortage that has parents across the U.S. scouring local store shelves in search of nutrition for their children. The Department of Health and Human Services website culls a variety of resources for parents and caregivers, including manufacturers’ …
Read More »The Federal Reserve is turning to its most potent weapon to combat the highest inflation in 40 years: Boosting interest rates. On Wednesday, the central bank said it is increasing its benchmark short-term interest rate by 0.5%, marking the largest increase since 2000. The Fed’s goal is to tamp down …
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