Pay transparency is good for workers — and employers get more of the top job applicants

Posting salary ranges on job listings is the smart move for employers looking to attract stronger candidates and build a relationship based on mutual trust from the get-go. One in five Americans live in a state that requires pay transparency. For companies, colleges and public agencies in states that don’t require salary disclosure, it makes … Read more

Meta Restores Donald Trump’s Facebook Page Following a Two-Year Suspension | Technology News

Apple HomePod (2nd Gen) Launched in India, Priced at Rs. 32,900

Donald Trump has 34 million followers on Facebook, platforms that are key vehicles for political outreach and fundraising. By Gadgets 360 Staff With Input From Reuters | Updated: 9 February 2023 23:42 IST Meta Platforms has restored former US President Donald Trump’s Facebook page following a two-year suspension after the deadly Capitol Hill riot on January 6, … Read more

Deeply inverted Treasury curve heads for 41-year milestone

A bond-market gauge of impending U.S. recessions is heading for a 41-year milestone: its most negative reading since October 1981, when interest rates were 19% under Paul Volcker’s Federal Reserve. That gauge, which measures the spread between 2- TMUBMUSD02Y, 4.496% and 10-year Treasury yields TMUBMUSD10Y, 3.636%, plunged to as far as minus 87.3 basis points … Read more

Social Security and Medicare are everyone’s problem

Read: 12 things you need to know about Social Security’s future, explained by the program’s chief number-cruncher (But no, Kevin McCarthy didn’t rip up Biden’s speech at the end.) Biden was correct. As we pointed out here before, some Republicans have said precisely what he claimed. (Kevin McCarthy made unguarded remarks on the subject shortly … Read more

Omicron strains remain dominant globally, and the WHO is monitoring four closely

The omicron strain of the COVID virus and its descendent lineages are still dominant globally but have declined in relative prevalence, according to the World Health Organization. In the week through Jan. 22, they accounted for 53.9% of prevalence among sequences submitted to a central database, down from 74.2% in the week through Dec. 25, … Read more

Are you worse off than you were a year ago? Half of Americans say yes — the most since the Great Recession.

How are you feeling about your financial situation right now? Half of Americans say they are doing worse financially now than they were a year ago. That’s the highest share since 2009, according to the latest annual poll from Gallup. But not everyone is feeling the pinch, with 35% saying they are better off compared … Read more

Hilton stock climbs toward 9-month high as leisure and business RevPAR exceed pre-pandemic levels

Shares of Hilton Worldwide Holdings Inc. HLT, +2.80% hiked up toward a nine-month high Thursday, after the hotel operator reported fourth-quarter profit that more than doubled and beat expectations, amid continued strength in leisure and a steady recovery in business travel. “We’ve navigated through the most challenging times our industry has experienced and are deep … Read more

Opinion: Inflation isn’t going away without some more pain, El-Erian says

CAMBRIDGE, England (Project Syndicate) —Nearly two years into the current bout of inflation, the concept of “transitory inflation” is making a comeback as the COVID-related supply shocks dissipate. This comes at a time when it is critically important to keep an open mind about the trajectory of inflation, including by avoiding an oversimplified transitory narrative … Read more

GitLab’s stock slides as company plans to cut 7% of staff

Software company GitLab Inc. is planning to cut about 7% of its staff in the latest round of technology layoffs. “I had hoped reprioritizing our spending would be enough to withstand the growing global economic downturn,” Chief Executive Sid Sijbrandij said in a note to employees that was also posted on the company’s corporate site … Read more