Tag: Labor/Personnel Issues
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I’m a single parent with 2 kids, and owe $27,000 after being scammed. What now?
[ad_1] I’m a single parent with two kids, and fell victim to an online dating scam. I have no legal recourse as I did this on my own, thinking I was helping someone. My credit has now tanked. I owe $17,000 on one credit card, and I have two loans of $5,000 each. I have my…
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Opinion: Fed officials were slow to fight inflation. Now they may be too easy on it.
[ad_1] Political pressures on the U.S. Federal Reserve and President Joe Biden’s economic agenda have delivered a painful blow — inflation still above the Fed’s 2% target, high interest rates and declining living standards. COVID-induced supply chain disruptions can be blamed for about half of the surge in inflation that began in early 2021. Most of the…
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How Barbie conquered America – MarketWatch
[ad_1] Barbie built her dream marketing campaign. On Friday evening, as Barbie fever took over movie theaters across America — and the world — one scene struck me as romantic, poignant and sort of beautiful. But it wasn’t a scene from the feel-good movie, which was designed to lift spirits while taking some swipes at…
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Opinion: China is feeling the pinch from a weakening global economy and U.S. restrictions
[ad_1] For decades, China set a shining example of how to capitalize on globalization to accelerate domestic economic growth and development. These days, however, the country risks becoming a cautionary tale about mishandling globalization’s shift from a beneficial tailwind to a disruptive headwind. Although the Chinese economy’s recent travails have some unique characteristics, they illustrate…
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Stock market strategist David Rosenberg gives the Fed no credit — and no mercy
[ad_1] It’s said that you don’t know an economy is in a recession until it’s in one. Or as David Rosenberg puts it: “Recessions are like an odorless gas. They sneak up on you.” These days, Rosenberg is looking for fresh air. A former chief North American economist at Merrill Lynch and now president of…
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Stocks are making a run for record territory. Will the Fed end its rate hikes anyway?
[ad_1] Stocks have been closing in on record territory, which isn’t supposed to be a key worry of the Federal Reserve. But after a dizzying three years of pandemic extremes, the stock rally has become a source of market angst, right as the Fed attempts a final chapter in its epic rate hiking saga. “There…
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Opinion: These 3 tips help small-business owners make better money decisions
[ad_1] Owning a small business comes with many challenges and responsibilities, and the pressure to make the right decisions can feel downright daunting. Our latest American Express Small Business Financial Confidence Report found that just 54% of small-business owners feel confident making financial growth decisions. For the smallest businesses (those with fewer than 10 employees)…
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Lukas Gage’s viral video audition haunts the ‘hot labor summer’ actors’ strike sweeping Hollywood
[ad_1] In November 2020, the actor Lukas Gage was auditioning for a role via video link when he heard the producer make some disparaging remarks about the size of his apartment. “These poor people who live in these tiny apartments,” the producer said. “I’m looking at his background and he’s got his TV and …”…
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We have $2 million and plan to retire soon, but we aren’t sure how our 401(k) plans are taxed
[ad_1] I’m 61 years old, my wife is 58. We have saved roughly $2 million in our combined 401(k) accounts. We plan on working for a few more years and then retiring and applying for Social Security at 65 and 62, respectively. Once we do so, we will draw from our 401(k) accounts to supplement…