“Quiet quitting” is having a moment. The trend of employees choosing to not go above and beyond their jobs in ways that include refusing to answer emails during evenings or weekends, or skipping extra assignments that fall outside their core duties, is catching on, especially among Gen Zers. Zaid Khan, 24, an engineer from New
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Heidi Gutman | CNBC Although it has now established more consistent messaging to the market, the U.S. Federal Reserve needs to do two more things to re-establish its credibility, according to Mohamed El-Erian, chief economic advisor to Allianz. Fed Chairman Jerome Powell struck a hawkish tone during his speech at the Jackson Hole economic symposium
Sebastian Rothe / Eyeem | Eyeem | Getty Images Households may soon be able to claim thousands of dollars in tax breaks and rebates if they take steps to reduce their carbon footprint. But eco-friendly consumers must wait until 2023 — perhaps even 2024 or later — to see many of those financial benefits. The
Hulu Rafael Henrique | SOPA Images | LightRocket | Getty Images The future of Hulu continues to be an open question as Comcast and Disney still haven’t agreed on terms that will settle the company’s future ownership. But Comcast executives are planning on Disney buying them out — even if they’d prefer otherwise. related investing
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Kohl’s — Shares of the retailer jumped 5.64% after a Reuters report that private equity firm Oak Street Real Estate Capital has made an offer to
Jose Luis Pelaez | Getty Images Married women may want to make sure they consider the possibility of unplanned singlehood when it comes to retirement preparations. Among women retirees, 51% of those who are divorced or widowed stepped away from the workforce earlier than planned, according to a new report from the Employee Benefit Research
From above, the 2,000-acre new housing development just outside Austin, Texas, looks much like any other. Each home has solar panels, but that’s no longer uncommon. But the Whisper Valley community is entirely unique thanks to what lies below. Far below. The master-planned community, which will eventually include multifamily units and garden apartments in addition
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Packages of Chobani yogurt sit on the shelf at a grocery store July 7, 2021 in Washington, DC. Drew Angerer | Getty Images Chobani is withdrawing its plans for an initial public offering, according to a regulatory filing on Friday. The food and beverage company filed to go public on the Nasdaq Exchange using the
Catherine Mcqueen | Moment | Getty Images The unemployment rate ticked up to 3.7% in August, the Labor Department said Friday. While more people becoming unemployed may sound alarming, especially against the backdrop of lingering worries about a recession, labor economists cited “good” reasons for the increase. A higher unemployment rate was “the best news
In this article ZG A for-sale sign in front of a home listed for more than $1 million on April 29, 2022 in San Francisco. Justin Sullivan | Getty Images Grocery shoppers aren’t the only ones who have to contend with the phenomenon known as “shrinkflation,” which is what happens when the price of something
Daniel Acker | Bloomberg | Getty Images Home sellers are getting nervous, as the once-hot housing market cools fast. One in 5 sellers in August dropped their asking price, according to Realtor.com. A year ago that share was just 11%. The average home sold for less than its list price for the first time in
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Last year’s GameStop meme stock phenomenon is making its way to the big screen, as “Saturday Night Live” alum Pete Davidson, “There Will Be Blood” actor Paul Dano, ”Pineapple
In this article PD BBBY SBUX LULU AVGO SHEL-GB Check out the companies making headlines before the bell: Lululemon (LULU) – Lululemon rallied 9.5% in the premarket after reporting better-than-expected quarterly results and issuing an upbeat outlook. The athletic apparel and leisurewear maker said it continues to see strong sales momentum. Broadcom (AVGO) – Broadcom
If there’s one thing Kevin O’Leary has learned from more than three decades as an investor, it’s that not every bet pays off. On ABC’s “Shark Tank,” O’Leary has invested more than $8.5 million in roughly 40 companies since the show debuted in 2009, according to an estimate from Sharkalytics. The longtime investor and chairman
Sen. Ted Cruz, R-Texas, is reportedly considering a challenge to President Biden’s student loan forgiveness effort. Anna Rose Layden | Getty Images News | Getty Images A number of Republican legislators may bring a legal challenge against President Joe Biden’s historic announcement last week that he’d forgive the student debt of tens of millions of
This summer, rising anxiety among homebuyers about apartment completion brought problems in China’s massive real estate sector — and worries about spillover to the rest of the economy — to the forefront again. Future Publishing | Future Publishing | Getty Images BEIJING — China’s struggling real estate sector could significantly drag down the economy and
Idaho Governor Brad Little (R) has called a special session for September 1, 2022, to consider another round of tax reform and relief legislation that would return surplus revenue to taxpayers while making the state’s tax code more economically competitive. House Bill 1 would move Idaho to a flat income tax structure, reduce the rate from
In this article SBUX Starbucks on Thursday named Laxman Narasimhan as its next chief executive officer. Narasimhan most recently served as CEO of health and hygiene company Reckitt, which owns brands such as Lysol, Durex and Mucinex. He announced earlier Thursday he was stepping down from that role. He’ll join Starbucks in October, learning about
In this article LULU Pedestrians pass by a Lululemon store. Scott Mlyn | CNBC Lululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as shoppers stocked up on workout gear even as surging prices have hurt other retailers’ apparel sales. The company also raised its outlook for the year. Shares