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News & Information

November 24, 2021 Why bankers aged 21-35 want to work from home, and why it doesn't work out

Source: efinancial careers

Christopher O'Dea, a Morgan Stanley managing director based in San Francisco, apparently thinks that his younger colleagues should be back in the office. The New York Post reports that during a call last week, O'Dea said: “If...

November 18, 2021 Workers are crying out for a four-day week. It's time for their bosses to pay attention

Source: CNN

American workers are quitting in record numbers — 4.3 million in August, and another 4.4 million in September. Managers across industries are having trouble hiring, even as they raise wages and offer incentives.

November 17, 2021 Antiwork' movement may be long-run risk to labor force participation: Goldman Sachs

Source: Yahoo Finance

About 5 million Americans have exited the labor force since the pandemic began. Goldman Sachs estimates that about 3.4 million are likely gone for good due to retirements, meaning that 1.7 million people are open to returning to...

November 17, 2021 Fed officials say high inflation weighing on consumers and needs to be controlled

Source: Reuters

Federal Reserve officials said on Tuesday they are vigilant of the ways that higher inflation can affect U.S. households and dampen consumer sentiment and want to get it under control.

November 2, 2021 Opinion: Why this ‘perfect storm’ for inflation will push Americans back to work and cool speculative markets

Source: MarketWatch

Investors now are experiencing a perfect storm of inflation in the U.S. Perfect storms are generated from seemingly small factors. Each on its own may not be particularly significant, but the combined result is an event that...

October 28, 2021 Bitcoin is largely controlled by a small group of investors and miners, study finds

Source: Techspot

Bitcoin and other popular cryptocurrencies are more easily obtainable than ever, but that hasn’t changed the fact that a small percentage of users still control the majority of the market. According to a new study from the...

October 22, 2021 MBA economist says inflation not transitory: Here’s what that means for interest rates

Source: Fox Business

The inflation rate increased 5.4% annually in September, the highest it’s been in the past 13 years, according to the latest Consumer Price Index (CPI) from the Bureau of Labor Statistics. Now, economists are discussing what this...

October 13, 2021 A record number of Americans are quitting their jobs

Source: CNN

A record 4.3 million people quit their jobs in August, evidence of the considerable leverage workers have in today's economy. About 2.9% of the workforce quit in August, up from 2.7% in July, according to the Job Openings and...

October 4, 2021 Low-wage workers are getting 'eye-popping' pay raises, Goldman Sachs says

Source: CNN Busines

The bank told clients in a note Thursday that low-wage-worker pay rose 5.3% year-over-year in the second quarter. For the third quarter, the data isn't complete yet, but preliminary readings are on pace for a three-decade high of...

August 23, 2021 For everyday Americans, inflation is a double blow to bank accounts

Source: CNBC

For the past few months, the price of everything from groceries to cars to clothing has increased, straining budgets for households across the country. At the same time, savings have become less valuable, hitting Americans with a...

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