Equal Pay Day highlights $1.2 million salary shortfall for some women

Equal Pay Day highlights .2 million salary shortfall for some women

Equal Pay Day is a reminder of the persistent income inequality between men and women. As it stands, women earn just 84 cents for every dollar earned by men, according to an analysis of U.S. Census Bureau data by the National Women’s Law Center. “When you look at the cent number, it looks like it’s small,” … Read more

Milei accused of hypocrisy in a scandal over a 48% pay rise

Milei accused of hypocrisy in a scandal over a 48% pay rise

Argentina’s President Javier Milei gestures while delivering his first policy speech to parliament during the inauguration of the 142nd ordinary session of Congress in Buenos Aires on March 1, 2024. Juan Mabromata | Afp | Getty Images Argentina’s Javier Milei has been accused of hypocrisy for orchestrating a substantial increase in presidential pay while pushing … Read more

CPI inflation report February 2024:

CPI inflation report February 2024:

Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting to lower interest rates. The consumer price index, a broad measure of goods and services costs, increased 0.4% for the month and 3.2% from a year ago, the Labor Department’s Bureau of Labor Statistics reported … Read more

FAA audit of Boeing’s 737 Max production found ‘dozens of issues’: NYT

FAA audit of Boeing’s 737 Max production found ‘dozens of issues’: NYT

An Alaska airlines Boeing 737 is taking off from Los Angeles International AirPort (LAX) in Los Angeles, California, on March 6, 2024. Daniel Slim | Afp | Getty Images U.S. air safety regulators found “dozens of problems” at facilities owned by Boeing and one of its key suppliers after a six-week audit of the production … Read more

Airbnb bans use of all indoor security cameras to ‘prioritize privacy’

Airbnb bans use of all indoor security cameras to ‘prioritize privacy’

In this photo illustration an Airbnb logo is displayed on a smartphone on January 26, 2024 in Unspecified, United Kingdom. John Keeble | Getty Images Airbnb announced it will ban the use of indoor security cameras in any property listed on its site, and bring in new restrictions on outdoor cameras and noise monitoring devices. … Read more

Southwest Airlines cuts capacity, and rethinks 2024 financial forecast, citing Boeing problems

Southwest Airlines cuts capacity, and rethinks 2024 financial forecast, citing Boeing problems

Boeing 737 MAX airplanes are seen parked at a Boeing facility on August 13, 2019 in Renton, Washington. David Ryder | Getty Images Southwest Airlines said Tuesday that it will have to trim its capacity plans and reevaluate its financial forecasts for the year because of aircraft delivery delays from Boeing, its sole supplier of … Read more

Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor

Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor

Customers shop in a Walmart Supercenter on February 20, 2024 in Hallandale Beach, Florida.  Joe Raedle | Getty Images News | Getty Images Consumer spending bounced back in February from a January dip, with a little help from Leap Day. But sales still registered good gains even after correcting for that extra spending day. The … Read more

Lego revenue grows 2% in 2023, as CEO hails strong U.S. progress

Lego revenue grows 2% in 2023, as CEO hails strong U.S. progress

The chief executive of Denmark’s Lego on Tuesday reflected on a tough year for the world’s largest toymaker, and outlined the firm’s long-term plans to stay relevant and “cool with kids.” Lego said its 2023 revenue was 2% higher compared to the previous year, growing to 65.9 billion Danish krone (around $9.65 billion). This was in … Read more

It’s been a year since SVB’s failure. Where our bank stocks stands now

It’s been a year since SVB’s failure. Where our bank stocks stands now

It’s been a year this week since the collapse of Silicon Valley Bank sent shockwaves through the banking sector. While the crisis most directly affected the regionals, major U.S. financial institutions for most of 2023 also found their stocks under assault. Big banks, like Club holding Wells Fargo , were largely able to turn the … Read more

Probe into what caused LATAM Airlines plane flying from Sydney to suddenly ‘drop’

Probe into what caused LATAM Airlines plane flying from Sydney to suddenly ‘drop’

An investigation has been launched into what caused a plane flying from Sydney to Santiago via Auckland to suddenly “drop”. About 12 passengers were taken to hospital when the plane landed, after a technical issue on LATAM Airlines flight LA800 caused a sudden drop in altitude. WATCH THE VIDEO ABOVE: Passengers describe moment plane suddenly … Read more