Why the ‘great resignation’ became the ‘great stay,’ according to labor economists

Key Points

The “great resignation” of 2021 and 2022 saw unprecedented numbers of workers quit their jobs amid ample and better-paying job opportunities. Today, it’s the “great stay.”
Businesses pulled back on hiring due to higher interest rates. Fewer job openings hindered the prevalence of quitting.
Employers aren’t laying off many workers, however, due to a “scarring” effect.

Source

Finance

How much further does this Teflon market have to go? Here’s what traders say

May 8, 2026

Key Points The S&P 500 crossed 7,400 for the first time on Friday, and traders on prediction markets platform Kalshi place 59% odds the index crosses 8,000 in 2026. That index crossed 7,000 for the first time in January. Source

Finance

Stocks making the biggest moves premarket: Cloudflare, Akamai Technologies, JFrog, Trade Desk & more

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Check out the companies making the biggest moves premarket: Akamai Technologies — Shares surged 27% after the cybersecurity and cloud computing company said a leading U.S.-based frontier model provider has committed to $1.8 billion over seven years for its Cloud Infrastructure Services. Akamai also reported a first-quarter adjusted earnings beat, while its revenue came in […]

Finance

Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths

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Key Points Iran war may dominate the first U.S. presidential visit to China since 2017. U.S. business delegation may be smaller than those other countries have brought to China recently, according to a source familiar with the matter. The timing of the next meeting — Chinese President Xi Jinping’s visit to the U.S. — is […]