The stage is set for the first 2024 presidential debate between U.S. President Joe Biden and former U.S. President Donald Trump, in Atlanta on June 26, 2024. John Nowak | CNN | Via Reuters Warner Bros. Discovery’s CNN plans to lay off hundreds of employees Thursday as it refocuses the business around a global digital […]
Goldman Sachs GS AI Assistant Courtesy: Goldman Sachs Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee, according to Chief Information Officer Marco Argenti. The bank has […]
The 10-year Treasury yield touched a fresh 14-month high as investors looked ahead to key inflation prints. The yield on the 10-year Treasury was last up around 2 basis points at 4.79%, the highest level since Nov. 1, 2023. This followed the 10-year Treasury yield’s jump on Friday following a hotter-than-expected jobs report. The 2-year […]
The December jobs report is likely to provide only limited clarity on where the labor market is headed, with experts differing on how pronounced a slowdown there is in hiring. From a consensus view, economists expect the Bureau of Labor Statistics on Friday morning to report a gain of 155,000 in nonfarm payrolls, a step […]
The place where workers are happiest with their pay isn’t a Big Tech company based in an expensive coastal city, but rather an HR business located in the Sun Belt. Paycom, an HR and payroll tech company based in Oklahoma City, was named the No. 1 company for best compensation, according to the latest analysis […]
Richard Stephen | Istock | Getty Images As Congress managed to avoid a government shutdown, the Senate also passed a key bill that will increase Social Security benefits for some public workers. The Social Security Fairness Actwhich passed by a vote of 76-20 in the early hours of Saturday, will eliminate Social Security provisions known […]
As the world transitions from the pandemic, corporate America’s evolving stance on remote work has given rise to an intriguing workplace trend: coffee badging. “Coffee badging was a term that Owl Labs coined as part of its 2023 State of Hybrid Work report,” said Frank Weishaupt, CEO of the videoconferencing tech maker. “And what we […]
AI adoption is on the rise in Singapore, with 52% of workers in the country using the technology in their jobs, according to Slack’s new Workforce Index. Primeimages | E+ | Getty Images The use of artificial intelligence has grown across industries globally, but there is still some confusion over how to properly use the […]
WASHINGTON — Entrepreneurs Elon Musk and Vivek Ramaswamy have an ambitious agenda to cut federal spending with the help of their outside advisory council, the Department of Government Efficiency (DOGE). But on their first joint visit to Congress on Thursday, the pair also likely saw some of the limits of outside influence on the workings […]
Jessica Jackson always dreamed of working outdoors — now, she spends most of her days 300 feet in the air, atop wind turbines. Jackson, 37, is a wind turbine service technician at Vestas, a wind turbine manufacturer, in Bee County, Texas, and earns $73,000 per year. Her job requires technical expertise in hydraulics, electrical systems, […]
