Personnel
U.S. Latino immigrants generate $1.6 trillion in GDP, report says
People seen holding Puerto Rican flag during the annual Puerto Rican Day Parade on 5th Avenue in New York City. Sopa Images | Lightrocket | Getty Images U.S. Latino immigrants accounted for $1.6 trillion in GDP in 2023, according to a new research report by the Latino Donor Collaborative, contributing to an overall purchasing power […]
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Seasonal retail hiring to fall to lowest level since 2009, signaling trouble for holidays, report says
Seasonal hiring in the retail industry is poised to fall to its lowest level since the 2009 recession, an early warning sign that the holiday shopping season could be softer than expected, job placement firm Challenger, Gray & Christmas said in a Wednesday report. Challenger is projecting retailers may add under 500,000 positions in the […]
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Startups and founders could be hardest hit by $100,000 H-1B visas
U.S. President Donald Trump’s plans to place $100,000 fees on H-1B visa applications will disproportionately harm America’s startup space, founders and venture capitalists told CNBC on Tuesday. H-1B visas — which allow companies to temporarily hire foreign workers in skilled occupations such as IT, healthcare and engineering — were already difficult to secure for U.S. startups, […]
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Spirit Airlines to furlough 1,800 flight attendants to cut costs in bankruptcy
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines is planning to furlough about 1,800 flight attendants, roughly a third of its cabin crew members, to cut costs as the budget airline struggles in its […]
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She tripled her income to $220,000 a year by leaving her 9 to 5 for fractional work: ‘I’m never going back to one boss’
Rachael De Foe, 31, works as a fractional head of communications. Courtesy of Rachael De Foe. In late 2019, Rachael De Foe was burnt out, so she took a leap of faith that many dream of but never do: she quit her nine-to-five job without anything lined up. The Singapore-native had spent the past few […]
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Working smarter, not harder: AI could help fight burnout — but is it?
Burnout shows up as feeling constantly exhausted, emotionally checked out from work, and struggling to get things done effectively. Delmaine Donson | E+ | Getty Images Burnout is a growing concern across industries, but artificial intelligence is quietly changing the game. Recognized by the World Health Organization as an “occupational phenomenon,” burnout is more than […]
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Spirit CEO says struggling airline will slash flights, braces employees for more job cuts
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines CEO Dave Davis on Wednesday braced staff for more job cuts and said the carrier plans to slash its schedule in […]
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Fed approves quarter-point interest rate cut and sees two more coming this year
watch now VIDEO2:2202:22 Fed lowers rates by a quarter point The Exchange WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market even as inflation is still in the […]
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Health care inflation rises as patients, employers brace for biggest jump in health spending in 15 years
Jose Luis Pelaez Inc | Digitalvision | Getty Images Health-care inflation is fueling higher coverage costs, setting the stage for what could be the largest increase in health-care spending by large employers in 15 years. Medical care costs in August rose 4.2% on an annualized basis, according to the Labor Department’s Consumer Price Index, compared […]
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These are the 10 most and least affordable countries in the world in 2025, according to expats
As rising living costs and global economic uncertainty continue to strain many financially, some expats have found that moving overseas can be easier on their wallet. For the fifth consecutive year, Vietnam is the most affordable country in the world for expats, ranking first out of 46 destinations when it comes to personal finances, according to the 2025 […]
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