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6d ago

Laid-off tech workers turn to LinkedIn, therapy and one another to bounce back

Tens of thousands are adapting to losing what some saw as “the most stable career you could have.” A support group for ex-Googlers told members, “This was not your fault.”
Cut out shot of businesswoman holding a box with office supplies
Cut out shot of businesswoman holding a box with office supplies
7d ago

After 8 consecutive months of 3% inflation, the Fed's 2% goal remains elusive

The 12-month inflation rate has been stuck between 3% and 4% since June, hovering just above the Federal Reserve's official 2% target.
NYC Shoppers Ahead of Retail Sales Figures
NYC Shoppers Ahead of Retail Sales Figures
11d ago

U.S. added 275,000 jobs in February, more than expected — but unemployment rate climbs

The rate of workers quitting or being laid off has stalled. But hiring rates haven't fallen as much as expected in February.
Commuters at the Times Square subway station in New York in January.
Commuters at the Times Square subway station in New York in January.
13d ago

Interest rates will likely start coming down this year — but not clear when, Fed Chair says

Federal Reserve policymakers remain attentive to the risks inflation poses and don’t want to ease up too quickly, the Fed chair said.
Jerome Powell during a press conference at the Federal Reserve in Washington
Jerome Powell during a press conference at the Federal Reserve in Washington
14d ago

Live updates: National People’s Congress convenes as China reckons with major economic setbacks

The annual meeting of China’s rubber-stamp parliament is the country’s biggest political event of the year.
National People's Congress in Beijing
National People's Congress in Beijing
18d ago

More Latinas are going to college than ever before. But they still face a wage gap.

Despite significant strides in educational attainment, Latinas who have a bachelor’s degree or higher still earned lower wages on average compared to Latino and white men.
2022 graduation ceremony at UCLA
2022 graduation ceremony at UCLA
19d ago

Forget a new bathroom, just fix the faucet: Consumers take a break from home renovations

Lowe’s and Home Depot say shoppers are pulling back after a fix-up frenzy during the pandemic, opting for cheaper DIY projects.
A shopper pushes a cart.
A shopper pushes a cart.

Welcome to the housing market’s new normal — 7% mortgage rates and all

As the busy spring season nears, buyers and sellers are starting to make peace with high rates rather than hold out for sweeter deals.
Homes for sale in Aldie, VA.
Homes for sale in Aldie, VA.
25d ago

Puerto Rico's short-term rentals spike comes at a cost, report finds

While short-term rentals create jobs, attract visitors and lead to more transportation options, local renters have faced evictions and the cost of goods have increased.
A wooden Puerto Rican flag on a dock
A wooden Puerto Rican flag on a dock
26d ago

Credit cards are charging more 'excess' interest than ever, consumer watchdog says

A new CFPB report comes days after the Capital One-Discover merger deal fueled fresh concerns about card companies squeezing borrowers.
A credit card payment.
A credit card payment.
27d ago

Consumers are tired of price increases. Big brands are paying attention.

Even Walmart lowered the price of its French bread back to $1, but consumers shouldn’t expect broad-based cuts across the economy.
Condiment brands sauces ketchup a1 tabasco sauce
Condiment brands sauces ketchup a1 tabasco sauce