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The minimum wage would be $44 an hour if it had grown at the same rate as Wall Street bonuses
Bonuses in the white-dominated finance industry have grown by more than 1,200% since 1985, while th…
Tyler Sonnemaker
Your take-home salaries could shrink sharply from April with India’s new definition of wages — but companies are hoping for a delay
Indian companies are hoping that the government will delay the rollout of the country’s new labour …
JP Morgan agrees to pay at least $800,000 in back wages to settle a lawsuit that accused the bank of underpaying at least 93 women
As part of the settlement, the company also agreed to allocate $9 million over five years for compe…
Sarah Al-Arshani
The spring labor shortage will push wages up 3% before settling, Goldman says
Goldman Sachs said that generous unemployment insurance has created a higher 'reservation wage' - b…
Ayelet Sheffey
UK job vacancies climb above 1 million for the first time ever as labor shortage intensifies
The UK economy is bouncing back, but companies in sectors such as hospitality and entertainment are…
Harry Robertson
Warehouses and employers like Amazon bring new jobs and higher wages for some blue-collar workers, but they can be hard on cities — and on the human body
As the US emerged from the Great Recession, cheap real estate and the rise of e-commerce collided t…
Matt Turner,Jordan Parker Erb…
Nasdaq drops 2% after Fed's Jim Bullard says he favors aggressive rate hikes after inflation data
"I was already more hawkish but I have pulled up dramatically what I think the committee should do,…
Matthew Fox
Top stocks to watch in trade — SBI, PNB, TCS, JMC Projects, Bank of Maharashtra, FDC and more
Indian stock-market indices are likely to open on a tepid note on Wednesday, on the back of muted g…
Employers are waging a war over work from home. WFH is winning.
Welcome to Insider Weekly, where we run through the top stories of the past week. First up, employe…
Matt Turner,Phil Rosen
Top stocks to watch today— RIL, Wipro, Future Retail, Infosys, ICICI Bank and more
Amid mixed cues from the global market, Indian stock-market indices are likely to open on a negativ…
Tech stocks drive the market higher with mega-cap giants Apple and Amazon leading the way
Microsoft closed at a record high on Thursday, helping drive the S&P 500 to within 1% of a new all-…
Matthew Fox
Here's how the Fed's rate hike can move markets and whether to expect a central bank pivot
With the Federal Reserve making its rate hike announcement today, Wall Street experts have been won…
Phil Rosen
Base comp at boutique banks has soared. Here's how much 9 firms are paying analysts, associates, and VPs.
From Evercore to Centerview to Moelis, here's how much you can expect to get paid at 9 different in…
Dan DeFrancesco
Dow, S&P 500 close at record highs as economic data points to strong reopening
Strong retail sales growth for the month of March was nearly double the expectations set by analyst…
Matthew Fox
US stocks surge to record highs as jobless claims hit pandemic-era low and retail sales surge
Strong retail sales data and a drop in weekly jobless claims served as a signal to investors that t…
Matthew Fox
S&P 500, Dow soar to records as stimulus signing extends recovery bullishness
The $1,400 payments included in the stimulus package will start hitting bank accounts as early as t…
Ben Winck
Dow plunges 346 points as Fed Chairman Jerome Powell preaches 'patience' on inflation spike
Technology stocks led the decline on Thursday as rising interest rates supported the continued rota…
Matthew Fox
US inflation is running far hotter than even the Fed expected. Here's what some of biggest banks and asset managers say about it.
Inflation surged to 7.5% in January, the most since 1982. We've rounded up the views of some of the…
Hamza Fareed Malik
India's banking stocks are on fire after top court allows them to call out bad loans
Indian banks are rallying on the stock market after the Supreme Court’s judgement on the loan morat…
Central banks around the world are willing to risk recession to fight inflation — and early signs suggest widespread pain for everyone, everywhere
More than 80 central banks are raising interest rates to cool inflation. The synchronized effort co…