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Mortgage rates will be high throughout 2025 even as the Fed lowers borrowing costs, Goldman Sachs says

Mortgage rates will remain above 6% next year, with the market already pricing in Fed rate cuts, Go…

Kelly Cloonan   


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Is your work culture toxic? Look out for these 10 signs

Recognising signs and symptoms of toxic work culture can often be the first step toward improving t…

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How home-care company Griswold reduced employee turnover by 20% with the help of AI

Griswold, a home-care company, is using AI to retain employees and improve caregiver experience.

Erica Sweeney   


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US homes are turning over at the lowest rate in 30 years

Just 2.5% of US homes have swapped hands so far this year, the slowest pace of turnover since the 9…

Jennifer Sor   


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Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut

Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which…

Dominick Reuter   


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Nvidia is nearing a record high. This is what's driving it.

Nvidia's stock surged 24% in a month, driven by OpenAI's $6.6 billion funding and ongoing demand fo…

Emma Cosgrove   


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Ikea was losing 60,000 employees a year. Here's how the retailer worked to fix its staff turnover problem.

Ikea tackled high employee turnover rates by increasing wages and offering workers more flexibility…

Erin Snodgrass   


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Stock market today: Dow hits record high, stocks notch 3-week win streak ahead of key jobs report

Investors will be laser focused on the jobs market next week, with the ADP employment report on Wed…

Matthew Fox   


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Job openings dipped from record highs in April as companies continued to grapple with the labor shortage

The US boasted 11.4 million job openings at the end of April, down from the prior month's 11.9 mill…

Ben Winck,Madison Hoff   


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Amid high turnover, workers are stealing source code from their companies at 3 times the rate they were taking it last year

Workers are increasingly taking sensitive data like source code, patent applications, and customer …

Sarah Jackson   


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Job openings hit a record high March as businesses still struggle to find workers

The US had 11.5 million job openings at the end of March, up from the February total of 11.3 millio…

Ben Winck,Madison Hoff   


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Job openings hit a record high in March - showing the gap between job postings and hirings was huge even before April's jobs report

The hiring rate gained to 4.2% from 4% in March as vaccinations, warmer weather, and stimulus boost…

Ben Winck   


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Amazon's stock isn't enough to keep workers loyal, high forfeiture rates show

Amazon employees left close to $10 billion on the table. Upping its cash-based compensation was a g…

Asia Martin   


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Citi is betting big on high-profile executives to turn things around

In today's big story, we're looking at the reshuffling of top executives at two of the biggest US b…

Dan DeFrancesco   


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Job openings climb to record highs in May as the worker shortage charges on

There was one job opening for every available worker in May. The reading marks a new pandemic low a…

Ben Winck   


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1 min read

Legendary investor Mark Mobius says the Fed will hike interest rates as high as 9% if inflation stays high

Mark Mobius thinks the Fed will hike rates up to 9% to tame inflation, adding that it thinks rates …

Brian Evans   


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Job openings rise to new record high in April as US labor shortage slows hiring

About 1.1 Americans competed for every job opening in April. That compares to a reading of 1.2 the …

Ben Winck   


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What recession? The Great Resignation rages on with 4.3 million Americans quitting in May amid a still-hot job market

"Workers don't think there is a recession happening. Employers certainly don't either," Nick Bunker…

Juliana Kaplan,Madison Hoff