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The Moneyist: I didn’t feel well last month and asked my housekeeper to stay home. I am nervous about having her come back. She asked for unpaid wages. What should I do?

‘I would like to help her, but I thought she was self-employed and, therefore, knew her income would fluctuate.’.....»»

Category: topSource: marketwatchApr 7th, 2020

The Moneyist: My housekeeper lives with people who belong to a religious cult. I didn’t feel well last month and asked to stay home. She asked for unpaid wages. What should I do?

‘I would like to help her, but I thought she was self-employed and, therefore, knew her income would fluctuate.’.....»»

Category: topSource: marketwatchApr 7th, 2020

U.S. third-quarter labor cost growth slashed; productivity weak

Growth of U.S. labor costs was not as robust as initially thought in the third quarter, suggesting inflation could remain tame in the near term......»»

Category: topSource: reutersDec 10th, 2019

U.S. productivity weak in third quarter; labor costs revised lower

U.S. worker productivity fell by the most in nearly four years in the third quarter, the government confirmed, while growth in unit labor costs was not as robust as initially thought......»»

Category: topSource: reutersDec 10th, 2019

U.S. third-quarter labor costs revised down; productivity weak

Growth of U.S. labor costs was not as robust as initially thought in the third quarter, suggesting inflation could remain tame for a while......»»

Category: topSource: reutersDec 10th, 2019

Investigating The Mystery Of Weak Wage Growth

Investigating The Mystery Of Weak Wage Growth Authored by Mike Shedlock via MishTalk, The Wall Street Journal proposes "Reluctance to Switch Jobs" explains wages. But the Atlanta Fed Macroblog says, nope. A Wall Street Journal .....»»

Category: blogSource: zerohedgeNov 27th, 2019

Oil down as Saudi output rebound seen soon; stocks weak as Fed meets

Oil prices dropped sharply on Tuesday after a Reuters report said Saudi Arabia's crude production could be fully back on line within weeks, quicker than initially thought following weekend attacks that halved the kingdom's output......»»

Category: topSource: reutersSep 17th, 2019

The Tell: Negative-yielding bonds do not mean negative-yielding bond funds

A thought experiment from an analyst shows that there may be some appreciation in bond funds......»»

Category: topSource: marketwatchAug 22nd, 2019

How much would it cost to buy Greenland — and how would you calculate that price?

A thought experiment for a real-estate play that might not be real......»»

Category: topSource: moneycentralAug 19th, 2019

How much would it cost to buy Greenland — and how would you calculate that price?

A thought experiment for a real-estate play that might not be real......»»

Category: topSource: marketwatchAug 16th, 2019

Weak U.S. employment report raises red flag on economy

U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to the labor market, which could put pressure on the Federal Reserve to cut interest rates this year......»»

Category: topSource: reutersJun 7th, 2019

Weak U.S. employment report casts pall over economy

U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to the labor market, which could put pressure on the Federal Reserve to cut interest rates this year......»»

Category: topSource: reutersJun 7th, 2019

‘MissionRacer’: How Amazon turned the tedium of warehouse work into a game

Amazon’s experiment is part of a broader industry push to gamify low-skill work, particularly as historically low unemployment has driven up wages and attrition......»»

Category: topSource: washpostMay 21st, 2019

Another Positive Week as Jobs Bounce Back

Another Positive Week as Jobs Bounce Back Remember how most people thought that the surprisingly weak jobs report for February was just a one-off and, therefore, not a sign that the sky was.....»»

Category: smallbizSource: nytApr 8th, 2019

U.S. fourth-quarter GDP revised down; profits weak

The U.S. economy slowed more than initially thought in the fourth quarter, keeping growth in 2018 below the Trump administration's 3 percent annual target......»»

Category: topSource: moneycentralMar 28th, 2019

U.S. fourth-quarter GDP revised down; profits weak

The U.S. economy slowed more than initially thought in the fourth quarter, keeping growth in 2018 below the Trump administration's 3 percent annual target......»»

Category: topSource: moneycentralMar 28th, 2019

U.S. fourth-quarter GDP revised down; profits weak

- The U.S. economy slowed more than initially thought in the fourth quarter, keeping growth in 2018 below the Trump administration's 3 percent annual target, and corporate profits failed to rise for the first time in more than two years......»»

Category: topSource: reutersMar 28th, 2019

U.S. GDP Growth Revised Down to 2.2% Rate in First Quarter

U.S. economic growth during early 2018 was slightly softer than initially thought, though a measure of corporate profits partly rebounded in the first quarter after a weak end to 2017......»»

Category: smallbizSource: wsjMay 30th, 2018

Franklin Templeton ETF Head: "Bond Indexes Are Broken"

While there have been many theoretical explanations why the passive ETF bid for bonds is a ticking timebomb, with Oaktree's Howard Marks perhaps making the best arguments ever since his March 2015 thought experiment in which he asked what would happe.....»»

Category: blogSource: zerohedgeJun 25th, 2018

Why Americans underestimate retirement costs

Time for a little thought experiment: Take a moment and think of the savings you will need in retirement......»»

Category: topSource: moneycentralJul 24th, 2018