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A new California bill aims to prevent employers from reaching out to their employees outside of work hours. The bill, AB 2751, introduced by State Assemblymember Matt Haney, aims to bring greater work-life balance to employees in California by creating a “right-to-disconnect” from calls, texts and emails after work hours. The legislation would have California…
What do you call it when a reform-committed new president of a once prosperous but now largely failed socialist-led country plans to cut 70,000 government jobs as part of his efforts to return the country to fiscal sanity? A darn good start! Or maybe, a model for the United States! President Javier Milei of Argentina…
Democratic strategist James Carville said President Biden not sitting for an interview before the Super Bowl is a “sign” of his administration having little confidence in him. “It’s the biggest television audience, not even close, and you get a chance to do a 20, 25-minute interview on that day, and you don’t do it, that’s…
The crypto market’s recent drop is due to a normal bull market correction and potential delays in the Spot Bitcoin ETF approval. Price action across the cryptocurrency market is seeing downside in recent days, led by declines in top-ranking cryptocurrencies, Bitcoin (BTC) and Ether (ETH). As of Nov. 15, the crypto market’s net capitalization was…
For decades, China’s unstoppable rise to global superpower has been a dominant narrative in international affairs. Its sustained economic growth, massive infrastructure investments, and remarkable technological advancements have all contributed to this perception. However, while China’s ascent has been undeniable, it now faces four key structural challenges that threaten its global leadership aspirations. China’s economic…
It has been an increasingly puzzling week for market watchers and economists alike, as the American economy continues to resist a recession and stymy policymakers hoping to lower inflation and stave off a downturn. A gangbusters September jobs report is putting the efficacy of Federal Reserve interest rate hikes into question, just as falling crude…
While the summer brought lower inflation rates, higher jobs rates and boosts of consumer spending, Bloomberg Economics is warning a recession is more likely than not happening soon. Citing the ongoing autoworkers strike, the return of student loan repayments and the looming threat of a government shutdown after Congress’s short-term spending bill lapses in November, Bloomberg…
Senate Majority Leader Chuck Schumer (D-N.Y.) is slated to deliver remarks Saturday evening after the Senate passed a stopgap funding measure first approved by the House, with more Democratic support than Republican. The bill keeps the government funded until Nov. 17. It keeps the FAA funded through year’s end. The “clean” continuing resolution notably lacks any funding…
About 60 percent of U.S. consumers reported that they are living paycheck to paycheck, according to new research. A new report from Pymnts and LendingClub found that 59.8 percent of U.S. consumers across all income levels reported living paycheck to paycheck in August, a slight downtick from the 61.4 percent who reported the same thing in July….
President Biden is stepping up his attacks on former President Trump, hitting him over his Oval Office record at a time when the two increasingly appear headed toward a White House rematch next fall. Biden has not named Trump while taking jabs at the last president, but the criticisms have been direct, personal and impossible…