Americans are famous for not taking a break. The average U.S. worker took less than 12 vacation days in 2021, six less than the global average, according to Expedia’s latest vacation deprivation study of 14,500 adults working in 16 countries. However, the vast majority of workers say that going on vacation makes them feel more … Read more
Kelvin Murray | Getty Images A combination of record prices and a record number of job openings has encouraged more retirees to return to work. The trend, called “non-retirement,” rebounded to pre-pandemic levels this spring. About two-thirds, or 68%, of retirees would consider returning to work, according to a recent CNBC survey of the workforce … Read more
Select’s editorial team works independently to review financial products and write articles that we believe are useful to our readers. We earn commission from affiliate partners on many offers, but not all offers on Select come from affiliate partners. While the idea of financial freedom may mean different things to different people, a recent Bank … Read more
WASHINGTON – U.S. employers added a staggering 528,000 jobs last month, despite warning signs of an economic downturn, easing recession fears, and delivering good news to President Joe Biden ahead of the mid-term elections. Unemployment fell another notch, from 3.6% to 3.5%, equaling the more than 50-year low reached just before the pandemic took hold. … Read more
zimmytws | iStock | Getty Images There are only 13 years before Social Security may not be able to pay all the benefits, according to a recent annual report by the program administrators. In 2035, only 80% of the benefits will be paid if Congress does not terminate the program first. Supporting the program will … Read more
In an earnings call Wednesday morning, Yum Brands CEO David Gibbs expressed the confusion many people feel as they try to understand what’s happening with the US economy right now: “This is truly one of the most complex environments we have ever seen in our industry operating. Because we don’t just deal with economic issues … Read more
Two prominent and influential proxy consulting firms are urging Tesla Inc. investors to vote against the re-election of two directors and recommend challenging the wishes of the company and voting on six of the eight shareholder proposals. Tesla TSLA, + 0.04% is facing several employee-related disputes and is caught in the spotlight on CEO Elon … Read more
A customer is shopping at a Kroger grocery store on July 15, 2022 in Houston. Brandon Bell | Getty Images While experts debate whether the United States is on the verge of an economic downturn, many Americans are already bracing themselves for a recession. At that point, 66% of Americans fear a severe recession is … Read more
Sundar Pichai, CEO of Google, speaks on stage at the annual Google I / O Developer Conference in Mountain View, California on May 8, 2018. Stefano Lam | Reuters Google is launching a new effort called the “Simplicity Sprint” in an effort to improve efficiency and improve employee attention during an uncertain economic environment. The … Read more
Shipping containers are seen in a terminal inside the Port of Oakland as the independent truck driver continues to protest California’s new law known as AB5, in Oakland, California on July 21, 2022. Carlos Bari | Reuters Economists predict the economy barely grew in the second quarter and some expect it to actually contract. Estimates … Read more
