Employers are rethinking the need for college degrees in a tight job market

Employers are rethinking the need for college degrees in a tight job market

Companies like Alphabet Inc. Google, Delta Airlines Inc. and International Business Machines Corp. reduced training requirements for some positions and refocused hiring to focus more on skills and experience. This year, Maryland reduced college degree requirements for many jobs in the state, leading to increased hiring, and Pennsylvania’s new governor, Josh Shapiro, campaigned on a … Read more

Some lawmakers want to strip social security from high earners. Will this happen?

Some lawmakers want to strip social security from high earners.  Will this happen?

(Maurie Backmann) Social Security is financially fragile. In future years, the program expects to owe more benefits than it takes in as baby boomers leave the workforce, reducing its main source of revenue, payroll taxes. If lawmakers fail to find a way to pump more money into Social Security, the program may have to cut … Read more

Twitter Exodus hits regulatory and content teams globally

Twitter Exodus hits regulatory and content teams globally

Elon Musk’s decision to purge Twitter Inc. employees who don’t share his vision has led to a wave of departures among policy and security staff around the world, prompting questions from regulators in key jurisdictions on the site’s ongoing compliance efforts. Oversight has been particularly tight in Europe, where authorities have taken on a bigger … Read more

Foxconn apologizes for payroll error at Chinese iPhone factory after workplace unrest

Foxconn apologizes for payroll error at Chinese iPhone factory after workplace unrest

Foxconn says it is working with staff to resolve disputes Major iPhone factory rocked by protests over wages and conditions Apple says it has a team on the ground in Zhengzhou TAIPEI/SHANGHAI, Nov 24 (Reuters) – Foxconn (2317.TW) said on Thursday that a payroll-related “technical error” occurred when hiring new hires at a coronavirus-hit iPhone … Read more

China’s COVID infections hit record high as economic outlook darkens

China’s COVID infections hit record high as economic outlook darkens

BEIJING, Nov 24 (Reuters) – China reported a record number of COVID-19 infections on Thursday, with cities across the country imposing localized lockdowns, mass testing and other restrictions that are fueling frustration and clouding the outlook of the world’s second largest economy. The resurgence of infections, nearly three years after the pandemic emerged in the … Read more

Men wielding batons smash surveillance cameras at iPhone factory in China

Men wielding batons smash surveillance cameras at iPhone factory in China

SHANGHAI, Nov 23 (Reuters) – Men wielding batons smashed surveillance cameras and windows at a huge campus owned by Apple (AAPL.O) supplier Foxconn (2317.TW) in the Chinese city of Zhengzhou, scenes broadcast live on the platform Kuaishou’s short video showed on Wednesday. Hundreds of workers demonstrated on campus, home to the world’s largest iPhone factory, … Read more

This State Has The Best Personal Finance Education In The United States

This State Has The Best Personal Finance Education In The United States

Financial literacy is key to managing money, but how well are states preparing their students? Tennessee tops the list of US states that offer the best financial education to its residents, according to a new report from financial services firm OneMain Financial. More than 99% of public high school students in Tennessee have what is … Read more

My wife agreed to vouch for her son’s rental without telling me. His car was seized for non-payment of his loan. What should I do?

My wife agreed to vouch for her son’s rental without telling me.  His car was seized for non-payment of his loan.  What should I do?

Dear Quentin, About four days ago I received an email from my wife’s bank saying that someone had requested her login username through a password reset. When I asked my wife about this she said she forgot her username and was trying to get my stepson access to her online portal so he could download … Read more

Why “Working Longer” Isn’t Good Retirement Advice

Why “Working Longer” Isn’t Good Retirement Advice

Financial planners generally advise you to work as long as you can, so you can increase your retirement savings while waiting for a larger Social Security check. But such advice assumes you have the luxury of deciding when to stop working. Tens of millions of Americans do not. Here’s the truth: retiring early, even at … Read more

Six things to do immediately after being fired

Six things to do immediately after being fired

Seeking to tighten their belts and cut budgets, corporate America is in a job-cutting mood these days, with some of America’s biggest groups shedding thousands of workers. Meta (META) – Get a free report, formerly Facebook, laid off 11,000 employees in the second week of November. New Twitter boss Elon Musk cut ties with 3,700 … Read more