Job growth in the private sector cooled in June, marking the third consecutive month of a slowdown. Private employers added 150,000 jobs during the month, ADP said in a Wednesday (July 3) press release. The month’s total was down from the revised total of 157,000...
European banking giant HSBC is reportedly slowing hiring and asking investment bankers to reduce expenses. It’s part of an effort by CEO Noel Quinn to reduce costs as banks around the world anticipate interest rate cuts, Bloomberg reported Tuesday (July 2). HSBC is in some...
Visa has promoted Aurélien Pichon, who had been its head of client services in Central Europe, Middle East and Africa (CEMEA) for the last two years, to global head of client services, effective immediately. In his new role, Pichon will lead a global team of...
The Federal Reserve Bank of Atlanta has a new first vice president and chief operating officer. Cheryl Venable, who has been with the bank since 1991, will assume her new role Aug. 1, the Federal Reserve announced in a news release Thursday (June 27). Her...
June 20, 2023
In the United States, an average employee has over $3,000 in unused paid time off (PTO) at any given moment, with over $318 billion annually in unused PTO being rolled over each year, according to Veetahl Eilat-Raichel, co-founder and CEO at FinTech startup Sorbet. “There’s a massive market failure around PTO and how it’s constructed […]
June 12, 2023
When examining consumer spending habits, top-down numbers may not tell the whole story. Who exactly is spending and who is not is vital data for retailers, merchants and any other...
December 02, 2022
The fear of alienating customers may be keeping independent restaurants from increasing prices. As they struggle to balance the need to drive sales, to maintain a high quality of service...
November 15, 2022
In what began as a recognition of workplace imbalances and inequities, diversity, equity and inclusion (DE&I) efforts are now evolving into a way of strengthening companies with a broad chorus...
July 03, 2024
JPMorgan Chase’s chief global market strategist Marko Kolanovic is reportedly stepping down. That’s according to a Wednesday (July 3) report by Bloomberg News, citing an internal memo. That memo says that Kolanovic — a 19-year employee of the country’s largest lender and also its head of global research — is resigning so he can explore […]
July 03, 2024
Job growth in the private sector cooled in June, marking the third consecutive month of a slowdown. Private employers added 150,000 jobs during the month, ADP said in a Wednesday...
July 02, 2024
European banking giant HSBC is reportedly slowing hiring and asking investment bankers to reduce expenses. It’s part of an effort by CEO Noel Quinn to reduce costs as banks around...
July 01, 2024
Visa has promoted Aurélien Pichon, who had been its head of client services in Central Europe, Middle East and Africa (CEMEA) for the last two years, to global head of...
