“Oprah is my idol.” Natalina Yacoub giggles when she talks, and her bursts of laughter are infectious. Stylish in her big hoop earrings and close-cropped blond hair, the 25-year-old exudes confidence — a confidence that has served her well in the seemingly impossible endeavor she’s taken on. Yacoub is a beauty queen — named Sudan’s […]
Tag: wages
Stocks fall after jobs report shows wages are rising at the fastest pace in nearly a decade
Brendan McDermid/Reuters Stocks fell Friday for a fourth day on the back of trade optimism. The US added more jobs than expected in October, and wages rose at the fastest pace in nearly a decade. Follow the US indexes in real time here. Stocks stumbled Friday as the latest signs of a tightening labor market […]
Faraday Future lays off part of its workforce, cuts wages of the rest
[unable to retrieve full-text content] Filed under: Green,Electric,Future EV automakers’ contractors are looking to be paid Continue reading Faraday Future lays off part of its workforce, cuts wages of the rest Faraday Future lays off part of its workforce, cuts wages of the rest originally appeared on Autoblog on Mon, 22 Oct 2018 18:13:00 EDT. […]
Costco exec says the company still pays better than any rival following Amazon’s decision to raise wages to $15 per hour (COST)
Tim Boyle / Getty Images Costco is unconcerned about losing potential employees to Amazon despite the e-commerce giant’s higher minimum wage. CFO Richard Galanti said that Costco’s average pay still “dwarfs any other retail or retail-type entity out there” in a call with investors on Thursday. According to Galanti, Costco workers make an average of […]
Wages Are Low and Workers Are Scarce. Wait, What?
Across the country, there are more jobs available than there are workers looking for them, as the unemployment rate has dropped to a nearly two-decade low. Businesses are complaining of worker shortages, arguing they could do more and sell more and build more if they could just find the labor. Yet wages remain strikingly flat, […]
US wages trade war against one of the world's poorest nations over used clothing
The United States is in a trade conflict with Rwanda, a sub-Saharan African country with a $ 9 billion economy. Rwanda’s tariff hike on used clothes from the US to boost local production has upset the Trump administration. Rwanda raised import duties on used clothing from America from $ 0.25 to $ 2.50 per kilogram, […]
If wages are to rise, workers need more bargaining power
“IT’S just not going to happen,” said Troy Taylor, the boss of a Coca Cola bottling company, when asked at a recent Federal Reserve event whether he foresaw broad-based wage gains. His remarks (unlike the fizzy drinks he sells) were unsweetened. But experience suggests he may have a point. In most rich countries, real pay […]
Japanese wages are still going backwards after inflation
REUTERS/Eddie Keogh Annual wage growth in Japan has fallen in real terms in each of the past three months. That appears to be impacting household spending which fell heavily in the year to February. Falling real wages are crimping the purchasing power of households, placing downside pressure on consumption and inflationary pressures. Japan’s unemployment rate […]
Transfer news LIVE updates: Aubameyang wages agreed; Man Utd, Chelsea, Liverpool, Arsenal
Transfer news live updates: All the latest gossip and rumours from Europe’s top clubs Tuesday January 30 Beckham backs Zlatan move 07:22: David Beckham admits he would love to see Zlatan Ibrahimovic in the MLS amid suggestions the Swede wants to leave Manchester United, “It’s hard to talk about a player who is part of […]
Walmart is reportedly cutting thousands of store co-managers after raising wages
J.D. Pooley / Stringer/ Getty Walmart is reportedly cutting 3,500 co-manager positions and adding 1,700 lower-paid assistant store managers. The restructuring comes the day after Walmart announced it will raise its starting hourly wages to $ 11. Walmart also announced Thursday that it would close 63 Sam’s Club stores in a move that would impact […]