The U.S. labor market delivered a strong performance in March with job growth exceeding expectations and wages remaining steady, suggesting that the economy ended the first quarter on solid ground and potentially delaying anticipated Federal Reserve interest rate cuts this year. According to the Labor Department’s employment report released on Friday, nonfarm payrolls increased by…
The governor of California, Gavin Newsom, has signed a law that requires fast food places to pay their workers at least $20 per hour. He thinks this law is great, but it turns out his own fancy restaurants are paying their workers less. One of Newsom’s restaurants, called the PlumpJack Cafe, is in a popular…
In one of the biggest money thefts ever seen in Los Angeles, thieves stole around $30 million during a burglary on Easter Sunday at a money storage place in the San Fernando Valley, according to a top official from the Los Angeles Police Department (LAPD). The burglary happened late on Sunday at a place in…
California Gov. Gavin Newsom said the state will intervene in an ongoing federal court case that’s barred San Francisco from cleaning up homeless encampments until more shelter beds are available, saying the judge has gone too far and is preventing the state from solving a critical problem. “I hope this goes to the Supreme Court,” Newsom said….
According to the Guardian:Trump Media, the social media venture started by former US President Donald Trump, faced a rocky road to going public last week. Back in 2022, the company was on the brink of collapse, saved only by emergency loans. These loans came from various sources, including a businessman with ties to Russia and…
FedEx announced it plans to merge FedEx Ground and FedEx Express by June 2024. To understand the broad implications of this move it is necessary to understand how FedEx currently handles packages. Fed Ex has four primary divisions in its workforce of which only one is unionized. FedEx Pilots are unionized. FedEx Freight (Semi truck…
Home insurance rates in the United States are set to reach unprecedented levels in 2024, largely due to the impacts of climate change. According to Insurify, a leading insurance comparison platform, the average annual premium is expected to climb to $2,522 by the end of this year, marking a 6 percent increase from the previous…
Most intelligent financial advisors will tell you that vehicles are a very poor investment. The featured image is of a 3rd generation Toyota 4 runner. Clean examples have been auctioning off recently for more than the original MSRP sticker price of $30,000. Why? The answer is a lot simpler than you might think. All collectable…
When it comes to shopping, timing can be everything. Buying items in the off-season, when demand is lower, can save you a significant amount of money. This holds true for both new and second hand items such as purchases from classified ads or Craigslist. Here are ten items, starting from the most expensive to the…
With Reddit set to go public this month it’s time to take a closer look at their business model and future prospects. It has been a long while since a top tier internet company has gone public and this one in particular has an interesting backstory. It was the sub reddit Wallstreetbets on reddit that…
