Finance
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What is the “gig economy” ? It’s a labor market where short-term, project-based work and freelance engagements are common, often facilitated by digital platforms. Instead of traditional employment with regular wages and benefits, gig workers are paid for specific tasks or projects. The temporary work arrangements, independent contractors, and freelancers who are hired for specific […]
Wegovy and Zepbound, which both sell for a list price of more than $1,000 a month, have long been out of reach for people without insurance or whose insurance refused to cover them. Among adults who take the medications, about half say it’s difficult to afford the cost, according to a May 2024 survey by the health policy group […]
Nike will raise prices on a wide range of footwear, apparel and equipment as soon as this week as the retail industry braces for tariffs to hit its profits, CNBC has learned. Prices for Nike apparel and equipment for adults will increase between $2 and $10, a person familiar with the matter said. Footwear priced between $100 and […]
Apple is planning to increase the prices of its iPhone lineup set to launch this autumn, though it is trying not to make it seem as if the hikes are connected to the U.S. tariffs on imports from China, The Wall Street Journal reported, citing anonymous sources. The company is considering instead linking the price hikes […]
The Rochester City School District has passed a $1.1 billion budget for 2025–26 with a focus on improving literacy and math skills, reducing absenteeism, and increasing mental health support. Despite declining enrollment, funding rose due to increased grants for students with disabilities. The plan includes hiring more counselors and psychologists and aligns with the district’s […]
Angel Reese and Magic Johnson have found success beyond the sport. In the business world, this has translated into significant achievements for the two: Johnson is now a billionaire, and Reese has established herself as a multi-millionaire student-athlete who successfully transitioned to the WNBA and now holds a multi-year partnership extension with Reebok. Furthermore, the […]
Four former female employees have accused Smokey Robinson of sexual battery, assault, false imprisonment, gender violence, and creating a hostile work environment by four the anonymous women who worked for the singer and his wife, Frances, for nearly 20 years. News of the lawsuit surfaced on Tuesday (May 6), and he briefly spoke with the Daily […]
The Trump administration has ended the de minimis exemption for low-value Chinese imports, affecting up to 4 million parcels daily. The change, effective May 2, is expected to raise prices and slow deliveries as tariffs up to 145% are applied. The move targets cheap imports that have undercut U.S. businesses, benefiting domestic manufacturers but straining […]
Nearly two in three Americans (64 percent) are more scared of running out of money than dying, a new study has found. The Allianz 2025 Annual Retirement Study, which surveyed 1,000 U.S. workers aged 25 plus, found that the majority of millennials, Gen Xers and baby boomers harbor fears about dwindling savings, namely when they stop […]
A growing number of Americans are using buy now, pay later loans to buy groceries, and more people are paying those bills late, according to new Lending Tree data released Friday. The figures are the latest indicator that some consumers are cracking under the pressure of an uncertain economy and are having trouble affording essentials such as groceries […]
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