The Walt Disney World service workers’ unions reached a provisional agreement with the company on Thursday, which would increase the starting minimum wage from $15 to $18 per hour by year-end. This deal can potentially establish a new baseline for entry-level wages…
TikTok is intensifying its public relations efforts to prevent a potential nationwide ban by the Biden administration, enlisting the support of unconventional advocates: online influencers. Numerous TikTok creators, some with millions of followers, arrived on Capitol Hill on Wednesday to lobby on…
Over 1,000 AI experts, researchers, and supporters, including Elon Musk, Steve Wozniak, and Emad Mostaque, are urging a temporary halt to develop highly advanced AI systems. They propose pausing the creation of these “giant” AI models, such as GPT-4, for at least…
With Women’s History Month in full swing, investing in stocks that empower women seems like a logical choice. One such company is Bumble, the dating app that puts women in control of starting conversations in dating matchups. Bumble has been publicly traded…
The Federal Reserve’s latest interest rate hike, coupled with its hint that the end of the walks may be near, has led to a decline in Asian shares. Japan’s Nikkei 225 fell by 0.2%, Australia’s S&P/ASX 200 slipped by 0.6%, while South…
Making at least the minimum monthly payment on your credit card balance is a start. If these payments don’t strain your budget, it can be tempting to set them on autopilot and disregard the overall cost of your debt. “Life has become…
The wind power industry is predicting a sharp acceleration in growth this year, according to the Global Wind Energy Council’s (GWEC) annual Global Wind Report. The report highlights incentives and policy changes in key nations, which will help overcome the factors that…
As the Federal Reserve faces an increasingly ambiguous economic environment, marked by banking sector disruptions and persistent inflation, it is tasked with determining whether to continue raising interest rates or implement a pause. The central bank’s decision comes amid rising uncertainties, making…
Longstanding issues at Credit Suisse culminated in an unprecedented stock decline this week, igniting concerns of a banking crisis spreading from the U.S. to Europe. The Swiss bank has faced several problems over the years, from poor hedge fund bets to a…
It was a scene reminiscent of the financial crisis that unfolded nearly 15 years ago: Regulators and policymakers in Washington, alarmed by an emerging banking sector emergency, turned to Wall Street for assistance. This week, the crisis centred on San Francisco’s First…