Social issues
Soaring inflation is hitting retirement savings hard. Here’s how best to manage yours
Brianajackson | Istock | Getty Images As inflation soars to record highs, retirement savings are feeling the pinch, making it even more important to make sure yours is working for you. U.S. inflation rose 8.5% annually in March to hit a fresh 40-year high as the war in Ukraine pushed up energy costs, the latest […]
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Apple retail union organizers want workers to be paid at least $30 per hour
Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York. Lucas Jackson | Reuters Workers who hope to organize a union at Apple’s Grand Central Terminal store want workers to be paid a minimum of $30 per hour, according to a website for the group, Fruit Stand Workers […]
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Apple retail union organizers want to be paid at least $30 per hour
Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York. Lucas Jackson | Reuters Workers who hope to organize a union at Apple’s Grand Central Terminal store want to be paid a minimum of $30 per hour, according to a website for the group, Fruit Stand Workers United, […]
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3 ways hiring this ‘under-tapped pool’ of talent can benefit Asia’s workforce
Businesses around the world have been facing labor shortages as many people quit their jobs — and Asia is no exception. A 2021 Mercer survey found that employers from Malaysia, Indonesia, the Philippines and Thailand observed a higher turnover rate, especially at the mid-career level, when compared with previous years. The Great Resignation isn’t ending […]
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Here’s why health savings accounts may contribute to inequality
The Good Brigade | Digitalvision | Getty Images A popular way to save for out-of-pocket medical expenses might be contributing to health-care inequality, new research suggests. Health savings accounts are tax-advantaged accounts available to Americans with high-deductible health insurance policies. Federal law established them in 2003. Since then, HSAs have grown quickly as employers have […]
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How companies like Amazon, Nike and FedEx avoid paying federal taxes
The current United States tax code allows some of the biggest company names in the country to not pay any federal corporate income tax. In fact, at least 55 of the largest corporations in America paid no federal corporate income taxes on their 2020 profits, according to the Institute on Taxation and Economic Policy. The […]
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Judge grants bail to two men accused of impersonating Homeland Secrity agents
Arian Taherzadeh, sketch from detention hearing for the two men charged with impersonating DHS agents. Source: Bill Hennessy A judge granted bail Tuesday to two Washington, D.C., men criminally charged with impersonating federal law enforcement agents. The ruling by Judge G. Michael Harvey in federal court for the District of Columbia came a week after […]
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‘The war for talent’ continues. 40% of recent job switchers are again looking for a new position, survey finds
Cecilie_arcurs | E+ | Getty Images Two of every 5 workers who switched jobs over the past year are looking for work again, according to a new survey published by Grant Thornton, a consulting firm. These workers will likely account for a good deal of churn in the labor market as the so-called Great Resignation […]
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There’s a growing interest in wealth taxes on the super-rich. Here’s why it hasn’t happened
Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021. Greg Nash | Pool | Reuters Americans increasingly favor a wealth tax on the ultra-rich. But despite an uptick in proposals, these policies have struggled to gain traction. President Joe Biden in March unveiled the latest federal wealth tax […]
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Man accused of impersonating DHS agent offered one of Jill Biden’s Secret Service agents an assault rifle, court records say
Arian Taherzadeh seen in photos submitted in a D.O.J. affidavit. Courtesy: D.O.J One of two men criminally charged with impersonating federal law enforcement agents in Washington, D.C., offered to give an assault rifle worth $2,000 to a U.S. Secret Service agent who was assigned to the protective detail of first lady Jill Biden, a court […]
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