issues

General Motors CEO Mary Barra speaks with members of the Automotive Press Association during their lunch and Q&A session at Waterview Loft in Port Detroit in Detroit on December 8, 2022.

GM’s Barra says these 2 issues will top 2023 UAW contract negotiations

General Motors CEO Mary Barra described it as “an incredibly interesting time” for the automaker ahead of contract negotiations with the UAW in fall 2023 due to two unknowns: the future of union leadership and the health of the US economy. But Barra, who spoke to the media Thursday at an Automotive Press Association event …

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IRS issues another tax warning to Americans who earned more than $600 online

IRS issues another tax warning to Americans who earned more than $600 online

Independent contractors who have earned money through online services will have their income reported to the Internal Revenue Service (IRS) starting in 2023, the agency said in a second warning issued Tuesday. People who have made money through eBay, Etsy, Poshmark, Uber and other digital services will face the new oversight and new rules. It …

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What China's zero-COVID issues mean for global economic growth

What China’s zero-COVID issues mean for global economic growth

China’s strict zero COVID policy has complicated the global economic recovery. The country tried to eliminate all cases of COVID-19, but three years later frequent shutdowns and strict quarantine guidelines led to food shortages, delayed health care and mental health issues. Ongoing citizen frustrations reached a boiling point on November 24, when protests erupted after …

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Jim Cramer's 10 most important things to watch in the Friday market: Hot jobs, chip issues, FedEx looks OK

Jim Cramer’s 10 most important things to watch in the Friday market: Hot jobs, chip issues, FedEx looks OK

My Top 10 Things to Watch Friday, December 2, 2022 1. US stock futures point to a weaker open as bond yields rise on stronger-than-expected job growth and wage inflation in November. Non-farm payrolls increased by 263,000. The country’s unemployment rate remains, as expected, at 3.7%. Average hourly earnings up 0.6% month-over-month and 5.1% year-over-year, …

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Alameda's first staffers quit after battling Sam Bankman-Fried over risk and compliance issues

Alameda’s first staffers quit after battling Sam Bankman-Fried over risk and compliance issues

IDX Digital Assets chief investment officer Ben McMillan discusses Sam Bankman-Fried at the New York Times conference amid FTX fallout. Years before the collapse of Sam Bankman-Fried’s crypto empire, a group of employees quit in a power struggle, after worrying about what they say was his cavalier approach to risk, compliance and accounting. The employees …

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Twitter could slowly break under Elon Musk as technical issues pile up.  Insiders explain how it will happen.

Twitter could slowly break under Elon Musk as technical issues pile up. Insiders explain how it will happen.

A sudden and catastrophic outage of Twitter is unlikely, insiders say. Yet they expect a stream of problems to build up to the point where it can no longer function. With so few employees to share critical work, “Twitter is done,” said one former employee. Twitter’s technical strength is being tested under the leadership of …

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Elon Musk's rapid Twitter changes could raise legal issues, experts say

Elon Musk’s rapid Twitter changes could raise legal issues, experts say

As Elon Musk continues his rapid and sweeping changes on Twitter – including mass layoffs and requiring remaining employees to commit to “long hours” or leave – lawyers and experts in Jobs said his demands could open the billionaire and his business to a number of legal issues. . In a company-wide ultimatum sent Wednesday …

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Exclusive: US blocks more than 1,000 solar shipments due to Chinese slave labor issues

Exclusive: US blocks more than 1,000 solar shipments due to Chinese slave labor issues

November 11 (Reuters) – More than 1,000 shipments of solar power components worth hundreds of millions of dollars have piled up at U.S. ports since June under a new law banning imports from the China’s Xinjiang region due to slave labor concerns, according to federal customs officials and industry sources. The level of seizures, which …

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5 key personal finance issues this midterm election - and what they mean for your wallet

5 key personal finance issues this midterm election – and what they mean for your wallet

As Americans head to the polls, several key personal finance issues weigh on voters’ minds and wallets. This week, the Federal Reserve enacted its fourth consecutive 0.75 percentage point increase in interest rates to fight inflation, triggering further losses in stock markets. Meanwhile, recession fears are growing, with 84% of Americans worried about how a …

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