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GoLocalProv |  Business |  Shortage of bus drivers is just the start, the RI job market is a mess

GoLocalProv | Business | Shortage of bus drivers is just the start, the RI job market is a mess

Sunday 02 October 2022 GoLocalProv Sales Team View larger + ORIGINAL PHOTO: National Archives The implications of Rhode Island’s new state labor order have a greater impact than if your entry comes out cold. GET THE LATEST NEWS HERE – SIGN UP FOR GLOCAL’S FREE DAILY EBLAST Rhode Island restaurants lost 3,000 workers. State hospitals …

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US imposes 'swift and severe costs' on Russia after Putin's annexation of Ukraine |  CNN Politics

US imposes ‘swift and severe costs’ on Russia after Putin’s annexation of Ukraine | CNN Politics

CNN — The United States is imposing what it describes as ‘swift and severe costs’ on Russia, including sanctions on a figure the Biden administration says is key to Russia’s economy, after the president Vladimir Putin has announced the annexation of parts of Ukraine following what the West calls “sham referendums. Putin on Friday signed …

US imposes ‘swift and severe costs’ on Russia after Putin’s annexation of Ukraine | CNN Politics Read More »

Dow Jones drops 500 points on Friday as stocks post third straight quarterly loss and set new lows in 2022

Dow Jones drops 500 points on Friday as stocks post third straight quarterly loss and set new lows in 2022

U.S. stocks fell sharply on Friday, with major indexes posting their lowest levels since 2020 and posting a third straight quarterly decline as investors grew fearful that aggressive interest rate hikes by the Federal Reserve could drive the economy to slow in an attempt to quell inflation. What is happening The Dow Jones Industrial Average …

Dow Jones drops 500 points on Friday as stocks post third straight quarterly loss and set new lows in 2022 Read More »

Larry Summers warns that global economic risk is approaching pre-Great Recession levels

Larry Summers warns that global economic risk is approaching pre-Great Recession levels

The current level of risk in global markets is reminiscent of conditions seen in 2007 before the Great Recession, former Treasury Secretary Larry Summers warned Thursday. Summers detailed his concerns a day after the Bank of England was forced to intervene to stabilize the UK’s cratering economy – an event some saw as a potential …

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Iron Mountain CEO 'prays for inflation' because it's good for business: report

Iron Mountain CEO ‘prays for inflation’ because it’s good for business: report

The chief executive of a Boston-based tech company has told investors he’s “praying for inflation” because it’s good for his business, according to a report. William Meaney, CEO of data storage and management company Iron Mountain, told Wall Street analysts last week that high prices are helping the company’s margins, which is why he “did …

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The UK is grappling with an economic crisis of its own making |  CNN Business

The UK is grappling with an economic crisis of its own making | CNN Business

London CNN Business — A week ago, the Bank of England took a hit in the dark. He raised interest rates by a relatively modest half a percentage point to fight inflation. He couldn’t know the magnitude of the storm that was about to break. Less than 24 hours later, the government of new British …

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Here's a simple way to help teach your kids complex financial lessons

Here’s a simple way to help teach your kids complex financial lessons

When I was in my late teens, my mother gave me two worn blue passport-sized notebooks containing the details of my investment accounts on deposit. I had no idea what to do with it, but it didn’t matter, because the accounts were empty anyway. Maybe for the best, because I’m pretty sure my assets wouldn’t …

Here’s a simple way to help teach your kids complex financial lessons Read More »

Here's a simple way to help teach your kids complex financial lessons

Here’s a simple way to help teach your kids complex financial lessons

When I was in my late teens, my mother gave me two worn blue passport-sized notebooks containing the details of my investment accounts on deposit. I had no idea what to do with it, but it didn’t matter, because the accounts were empty anyway. Maybe for the best, because I’m pretty sure my assets wouldn’t …

Here’s a simple way to help teach your kids complex financial lessons Read More »