Private payroll growth edged lower in June, according to a report Wednesday from ADP that indicates a potential slowdown in the U.S. labor market. Companies added 150,000 jobs for the month, below the upwardly revised 157,000 in May and the Dow Jones consensus estimate for 160,000. The total was the lowest monthly gain since January. … Read more
A record 70.9 million people are expected to travel this week for the Fourth of July, AAA reports, marking the busiest Independence Day holiday ever — but not everyone is asking their boss for time off. More than half of Gen Z workers and millennials have “quiet vacationed” — taken time off without formally requesting … Read more
You’ll need to earn nearly $60,000 annually to live alone in Massachusetts, the most expensive state in the U.S. when it comes to basic costs, according to a recent SmartAsset analysis. That figure includes estimates for how much a single-person household needs to cover housing, transportation, health care, taxes and other common expenses, as tracked … Read more
Japan’s two largest commercial airlines are toughening their stances against travelers who verbally or physically abuse airline staff. Japan Airlines and All Nippon Airways updated their websites Friday with “customer harassment” policies, in the wake of rising instances of front-line worker abuse occurring across industries in Japan. Using similarly worded language, the two airlines cited … Read more
Nearly two in three workers around the world are “vacation deprived,” according to a new report published by Expedia. However, the report shows the feeling is highest among cultures that take the most days off. Some 84% of Germans and 69% of French respondents said they feel they don’t have enough time off, according to … Read more
Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, CEO Albert Bourla told thousands of employees during a companywide town hall on May 2, according to a recording heard by CNBC. A day earlier, the pharmaceutical giant’s stock had closed 6% higher after its … Read more
Harvard Business School professor Joseph Fuller has spent the better part of a decade studying — and working with — some of the world’s most successful people, from Fortune 500 executives to Nobel Prize laureates. What sets high achievers apart from everyone else, Fuller has discovered, isn’t their confidence or business acumen — it’s their … Read more
You’ll need to earn around $25 per hour to live on your own in the United States’ 25 largest cities. That’s a median figure: You’ll need more in cities like San Francisco or Boston, and less in San Antonio or Detroit. The money covers a single person’s basic expenses like housing in a studio apartment, … Read more
Lourdes Balduque | Moment | Getty Images The U.S. Department of Education may extend the eligibility of a popular student loan forgiveness program to early childhood educators. The agency on Thursday announced that it was issuing a request for information on potentially broadening the Public Service Loan Forgiveness program to include workers in early childhood … Read more
Economist Claudia Sahm on CNBC’s The Exchange. CNBC The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author of a time-tested rule for when recessions happen. Economist Claudia Sahm has shown that when the unemployment rate’s three-month average is half a percentage point higher than … Read more
