Buck Bully
Business Articles
[Business Insider, Getty Images] US business owners flock to hire young workers in a tight labor market 2021 could be a record year for teen employment in the US. Small business owners say they are leaning on younger workers as the labor shortage intensifies. As a result, teen employment rates […]
[The Wall Street Journal] U.S.-stock funds squeaked out an average return of 0.5% in May—their seventh monthly gain in a row Nothing has been able to derail the monthly winning streak for mutual-fund investors. But things came close in May. Worries about inflation helped to cause volatility in stocks and […]
[Acorns, Twenty/20] “Small electronics, game consoles, video games, and designer clothing and bags” sell best on Mercari. Remote work options and flexibility remain important to Americans even as Covid-19 rates drop and people start heading back to the office. A majority of men, 69%, and women, 80%, said remote work options are among the most […]
[Business Insider] The waning days of the pandemic have prompted plenty of work-related reflection. The result is a pent-up feeling that’s prompting some to walk off jobs in frustration. But is the advent of “rage quitting” really a positive thing for employees? Experts aren’t sure. Kendra wasn’t usually one to […]
[CNBC, Eclipse Images] The Biden administration is urging corporate executives and business leaders to take immediate steps to prepare for ransomware attacks. “The threats are serious and they are increasing,” wrote Anne Neuberger, President Joe Biden’s deputy national security advisor for cyber and emerging technology. The White House memo lists […]
[CNBC, Twenty/20] Call it revenge spending. With many parts of the U.S. reopening, tens of millions are expected to make up for lost time by shelling out for experiences they’ve been missing over the past 15 months. More than a year after Covid-19 upended lives around the world, Americans are […]
[ABC NEWS] WASHINGTON (SBG) — As summer begins and states lift pandemic restrictions, the biggest challenge employers and local economies face is a lack of available workers, according to a new report by the U.S. Chamber of Commerce. “All the signs point to a really tight labor market,” U.S. Chamber […]
(CNN Business) The US Chamber of Commerce on Monday announced a nationwide initiative to address the worker shortage in the US, calling the crisis the most critical and widespread challenge facing businesses. The initiative, called “America Works,” aims to mobilize industry and government to “swiftly address America’s deepening worker shortage crisis.” JPMorgan […]
[New York Post] With New York City’s restaurant scene coming back after COVID-19, there’s something new on the menu — bigger bills. Diners had better bring their cash as well as their appetites, as city restaurant prices are going up thanks to rising costs in food, supplies and labor, restauranteurs said. “If […]
[Bloomberg] Congress is investigating fraudulent loans facilitated by fintech lenders BlueVine and Kabbage. While fintech lenders only processed 15% of total PPP volumes, they’re involved in 75% of fraudulent loans identified by the DOJ. Fintechs boasted fully-automated PPP applications and faster approvals than traditional banks. Congress has opened a formal […]