Personnel
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
In 1991, he moved to the U.S. and delivered pizza for $4.25 an hour. Now, he owns over 270 pizza restaurants
Nadeem Bajwa, 58, is the co-founder and CEO of Bajco Group. Courtesy of Nadeem Bajwa In 1991, Nadeem Bajwa immigrated to the United States from Pakistan. While attending college in Indiana, he worked a few jobs, including delivering pizza for restaurant chain Papa John’s, where he made $4.25 an hour. Today, the 58-year-old has a […]
Read More
He quit a job in engineering to travel and work on yachts. Here’s how much he earns now
Hugo Ortega, an American, had a well-paying job as an engineer and a long-term girlfriend. But he wasn’t happy, he said. “I didn’t like the job that I had. I didn’t like the degree that I had just finished doing,” he said. “I was starting to feel kind of weighed down by a lot of […]
Read More
From the ‘Big Stay’ to a ‘no-hire, no-fire’ freeze, labor markets are seeing sizable shifts
Casarsaguru | E+ | Getty Images Millions of workers left their jobs during the “Great Resignation” of the Covid-19 pandemic, but economic insecurity and uncertainty have once more turned the tides of the labor market toward the “Great Stay.” Economists coined the term to refer to fewer employees leaving jobs, and fewer employers hiring or […]
Read More
Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here’s what Wall Street expects
Key Points Fed Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history. Amid several controversies, Powell could use the speech to at least take a sideswipe at the political distractions even if […]
Read More
Here are the UK’s top-paid FTSE 100 CEOs — as report finds exec salaries at record high
The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images The bosses of Britain’s biggest listed companies took home record salaries in the latest financial year, according to a new report. Median pay among FTSE 100 chief executive officers was £4.58 million ($6.2 million) in the year to March 31, the […]
Read More