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But a series of data points showing worsening economic conditions has made some analysts believe a 0.5% cut is more likely — and perhaps even necessary. “We do not seek or welcome further cooling in labor market conditions,” Fed Chair Jay Powell said in a speech last month. “A (0.5%) cut is usually done in emergencies,” like the Covid-19 pandemic, said Mark Zandi, chief economist at Moody’s financial group. Mortgage interest rates have hit their lowest level since February 2023, while auto loan rates are also falling. A 0.5% cut would more directly affect rates tied to the fed funds rate, including credit cards, home equity lines of credit and small-business loans.

Persons: Steve Liesman, Jay Powell, Bill Dudley, ” Dudley, Preston Mui, Mui, ”, “, Mark Zandi, Greg McBride, ” McBride Organizations: Federal, CNBC, Wall, Minneapolis Federal Reserve, Federal Reserve Bank of New, Bloomberg News, Fed, Bankrate Locations: Minneapolis, Federal Reserve Bank of New York, America

WASHINGTON — Sen. Bernie Sanders, I-Vt., renewed his criticism of drugmaker Novo Nordisk on Tuesday, claiming that the CEOs of major generic pharmaceutical companies have told him that they can produce and sell its blockbuster diabetes drug Ozempic for less than $100 a month. During Tuesday's roundtable, Sanders said his recent conversations with generic drugmakers revealed that Novo Nordisk's pricing is "nothing less than excess corporate greed." “They have studied the math, and they tell me that they can sell a generic version of Ozempic, the exact same drug that Novo Nordisk is manufacturing, to Americans for less than $100 a month," Sanders said. Sanders’ office declined to say which generic drug companies told him that they could sell Ozempic at a fraction of what Novo Nordisk charges. Novo Nordisk did not immediately respond to a request for comment.

Persons: WASHINGTON — Sen, Bernie Sanders, Sanders, Lars Fruergaard Jorgensen's, Jorgensen, Wegovy, Dale Folwell, Eli Lilly's Organizations: drugmaker Novo Nordisk, Capitol, Novo Nordisk, Health, Education, Labor, Pensions, Wegovy, Nordisk, Yale Locations: U.S, Novo, Denmark, Germany, United Kingdom, North Carolina

☆ The vaccines you need to know about before you travel
▼ + stars: | 2024-09-17 | by ( Lisa Kjellsson | ) edition.cnn.com time to read: +12 min

Norlys Perez/ReutersUntil recently, there wasn’t a widely available dengue vaccine for travelers. But according to Dr. Nicky Longley, consultant in infectious diseases and travel medicine at The Hospital for Tropical Diseases (HTD) at University College London Hospitals, dengue vaccination is not quite the silver bullet travelers had hoped for. One traveler who welcomes the arrival of the new Qdenga vaccine is UK-based travel writer Chris Dwyer. Which vaccines do you need? Adults are advised to keep a record of their immunizations and when they need to be boosted.

Persons: Yasuyoshi Chiba, Norlys Perez, Dengvaxia, Nicky Longley, haven’t, “, ” Longley, Chris Dwyer, Dwyer, Qdenga, ” Dwyer, vaccinates, Sia Kambou, ”, Longley, “ It’s, Anniina Sandberg, Sandberg, didn’t, Martin Harvey, HTD’s Longley, wasn’t, Tick Organizations: CNN, Hatta International Airport, Getty, Health Organization, WHO, US Centers for Disease Control, Prevention, Reuters, European Union, The, University College London Hospitals, Malaria, Natives, TBE, CDC Locations: Sweden, Asia, Thailand, Pakistan, Philippines, Soekarno, Tangerang, Indonesia, AFP, Cuba, Europe, United States, Malaysia, Abidjan, West Africa, South Sudan, Ivory, Finnish, Africa, Tanzania, Tanzanian, South Africa, Helsinki, Finland, Americas

☆ Mass rape trial in France sheds light on what women say is a ‘rape culture’
▼ + stars: | 2024-09-17 | by ( Linda Hervieux | ) www.nbcnews.com time to read: +12 min

“I am a rapist, like the others in this room,” Pelicot told the court Tuesday, as his long-awaited testimony began. In a move rarely seen in France, Pelicot refused to remain anonymous. While many are charged with raping Gisèle Pelicot one time, others are charged with as many as six assaults. Indeed, Dominique Pelicot had been arrested before, nabbed in a supermarket outside Paris in 2010, using a pen-camera to film under women’s skirts. Dominique Pelicot obtained hundreds of prescription drugs from his own doctor, who declined to speak to police.

Persons: Dominique Pelicot, Gisèle Pelicot, ” Pelicot, Dominique Pelico, ” Anne, Cécile Mailfert, Pelicot, Mailfert, I’m, ” Gisèle Pelicot, don’t, ”, Gisele Pelicot, Christophe Simon, Gisèle, Le Figaro, “, Blandine Deverlanges, Amazones, ” Dominique Pelicot, —, Dominique Peliquot, Jean, Pierre Maréchal, Maréchal, ” Maréchal, Caroline Darian, Valentine Rioufol, Rioufol, Salma Sabri, ” Valentine Rioufol, Linda Hervieux, ” Sabri, it’s, Sabri, Stephanie Vincent, scoffed, ” Vincent, Charlotte Flegon, ” Flegon, I’ll Organizations: ZZIIGG, Reuters, Fondation des Femmes, NBC News, Palais de, Getty, ” Defense, ” Police, Dare, NBC Locations: MAZAN, France, Avignon, Mazan, Paris, Bordeaux, Marseille, AFP, Montségur, Lauzon, Canada, Montreal

“The second clue,” she said, “is that the time of year is right.”Historically, September has been the biggest month for AFM cases. “We saw the virus that was previously driving the AFM cases, but we didn’t see the AFM cases associated with it,” said Dr. Kevin Messacar, an infectious disease specialist at Children’s Hospital Colorado, who treated some of the earliest AFM cases in 2014. So far in 2024, 13 AFM cases have been confirmed, according to the Centers for Disease Control and Prevention. Vishnu Kagolanu as a young child with his father; Vishnu as a young man. Even the doctors couldn’t find out what was going on," said Saila Kagolanu, Vishnu's mother.

Persons: ”, who’s, Kevin Messacar, It’s, “ We’re, ” Messacar, Vishnu Kagolanu, Vishnu, couldn’t, Saila Kagolanu, Vishnu's, He'd, Buddy Creech, ” Creech, ” Kagolanu Organizations: Children’s Hospital, Centers for Disease Control, Monopoly, Vanderbilt University Medical Center Locations: U.S, Children’s Hospital Colorado, Los Altos , California, Nashville

☆ Economic worries boost Trump’s Hispanic support in battleground Nevada
▼ + stars: | 2024-09-17 | by ( John King | ) edition.cnn.com time to read: +10 min

Which is not true.”Las Vegas-based real estate agent Zoila Sanchez photographed outside of her home in Henderson, Nevada. Sanchez is confident, insisting the energy she sees for Harris outweighs the increased Trump talk among fellow Hispanics. “I feel the Democrats take the Hispanic vote for granted here in Vegas or in Nevada,” Cerros said. “She came up with immigrant parents, which to me, it’s amazing for someone like that to come up and be able to be president,” Munoz said. Nevada also elected a Republican governor in 2022, and Munoz believes that makes it more hospitable climate for Trump this year.

Persons: Zoila Sanchez, ” Sanchez, Kamala Harris, “, ”, Donald Trump, “ I’ve, Jacqueline Kalil, CNN Trump, Sanchez, …, Joe Biden, Harris, Rogelio Regalado, Rafael Cerros Jr, Cerros, ” Cerros, CNN “, ’, Regalado, ” Regalado, “ It’s, Hajji, ” Hajji, Henderson, Zena Hajji, who’s, Biden, haven’t, Antonio Munoz, Penny, Trump, Munoz, ” Munoz, ” Antonio Munoz, ” Harris Organizations: Nevada CNN, Las, Reagan Republican, CNN, Trump, ”, Taco Bar, Biden, Republican Locations: Henderson, Nevada, Las Vegas, Henderson , Nevada, –, Spanish, Vegas, Israel, El Mercado, America

☆ Amazon's five-days-in-the-office mandate could be the start of a wider RTO shift
▼ + stars: | 2024-09-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

A Business Insider reporter found out by enlisting in the city's 'elite squad of anti-rat activists.' What's on deck:This story is available exclusively to Business Insider subscribers. In February 2023, it announced plans to require most office workers to show up in-person three days a week. And in the hyper competitive world of Big Tech, other tech giants might follow suit rather than risk getting bad-mouthed by rivals to their clients. How can insert Big Tech company really serve you best when its people are home half the time?

Persons: —, RTO Nickilford, Maria Ivanova, Getty, Tyler Le, Andy Jassy, Slack, It's, Miranda Jones, Donald Trump, Trump, Fundstrat's Tom Lee, Elon Musk, Joe Biden, Kamala Harris, Apple's, TikTok, Chris Williams, We're, Stephen Nedoroscik, Anna Delvey, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, New York, Business, Amazon, Big Tech, Employees, McKinsey, Trump Media, Vanguard, Anadolu, Getty, Elon, Taiwan Semiconductor Manufacturing Company, Nvidia, Apple, DOJ, Microsoft, Open, It's Locations: New, North America, New York, London

☆ Elizabeth Warren calls for emergency-like Fed rate cut ASAP
▼ + stars: | 2024-09-17 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —The American economy appears to be just hours away from a major milestone: The first interest rate cut from the Federal Reserve since Covid. Yet there remains an unusual amount of drama over the magnitude of that rate cut, with some in Washington calling for a supersized move. Massachusetts Democratic Sen. Elizabeth Warren wants the Fed to slash interest rates at a pace rarely seen outside of a full-blown crisis. “It is clearly the time for the Fed to cut rates. For instance, in early 2008 the Fed slashed interest rates by three-quarters of a point or more on three occasions.

Persons: Massachusetts Democratic Sen, Elizabeth Warren, Jerome Powell, Warren, “, ” Warren, Sheldon Whitehouse, John Hickenlooper, Powell, Bill Dudley, “ dawdling, Dudley, ” Dudley, panicking, David Kelly, ” Kelly, ” Organizations: New, New York CNN, Federal Reserve, Massachusetts Democratic, Sens, Wall, Fed, Federal Reserve Bank of New, CNN, Democrats, Asset Management Locations: New York, Washington, Massachusetts, Federal Reserve Bank of New York

☆ Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
▼ + stars: | 2024-09-17 | by ( Zahra Tayeb | ) www.cnbc.com time to read: +5 min

From property woes to sluggish economic data, China appears to be suffering from long Covid. Wall Street turns bullishBillionaire investors, including Appaloosa Management founder David Tepper and "Big Short" investor Michael Burry, recently revealed they are sticking to their China bets. The famed investor loaded up on Alibaba stock in the second quarter, revealing an $11.2 million position in the company. That makes Alibaba Burry's largest holding, with other Chinese tech stocks including Baidu and JD.com also featuring on Burry's portfolio. Meanwhile, BCA Research recently upgraded Chinese onshore stocks to overweight, with China strategist Jing Sima expecting Chinese onshore stocks to passively outperform global equities.

Persons: Jiang Sheng, It's, Ted Alexander, CNBC's, David Tepper, Michael Burry, Alibaba, Tepper, Burry, JD.com, Jing Sima, George Boubouras, Goldman Sachs, Song Zhiyong, Eric Lin Organizations: Visual China, Getty, Appaloosa Management, KE Holdings, Baidu, BCA Research, K2 Asset Management, CNBC, Bank of America, National Bureau of Statistics, China's Ministry of Transport, Civil Aviation Administration, Asia Pacific Summit for Aviation Safety, Paris Olympic Games, Greater, Greater China Research, UBS Locations: China, Beijing, Wall, Japan, South Korea, Singapore, Europe, Greater China

☆ Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger
▼ + stars: | 2024-09-17 | by ( Sean Conlon | ) www.cnbc.com time to read: +6 min

That marks a real GDP growth rate of 51.1% between 2010 and 2021, meaning an economic contribution that's 2.7 times that of the non-Hispanic population. Despite those large figures, some economists think that U.S. Latinas could be contributing more to GDP than the report's figure. A growing forceWhen it comes to labor force participation, Latinas are outpacing other groups, the BofA report showed. Conversely, the non-Latino labor force growth rate was negative that year, meaning that more people left the labor force than entered it. "Whereas all Latinos are a source of economic strength, Latinas are drivers of vitality that the economy needs."

Persons: Manolo, Jeffrey Greenberg, Jeff Greenberg, Belinda Román, Mónica, Pérez, Matthew Fienup, David Hayes, Bautista, —, Latinas, Elise Gould, Andrew Lichtenstein Organizations: Miami, Universal, Getty, Bank of America, St, Mary's University, CNBC, Fayetteville State University, Latina, Center for Economic Research, California Lutheran University, Center, Latino Health, Culture, School of Medicine, UCLA, Drivers, Economic, EPI, Brooklyn Puerto Rico Day, Corbis Locations: Miami Beach , Florida, U.S, Florida, California , Texas, New York, Brooklyn, Bushwick, Brooklyn , New York

☆ White House in August asked Congress to enhance Secret Service funding through election
▼ + stars: | 2024-09-17 | by ( Kayla Tausche | ) edition.cnn.com time to read: +3 min

In prior years, the administration has bundled these requests with supplemental funding for disaster relief, Covid-19 and military aid for Ukraine, which made them more politically unpalatable on Capitol Hill. The language proposed by the Biden administration for enhanced Secret Service funding through the 2024 election has appeared in at least one Republican-sponsored funding bill, lending credence to the belief that such an effort would see bipartisan support on the Hill. In a radio interview that aired Tuesday, President Joe Biden reiterated his belief that the Secret Service needs more personnel to handle an elevated threat environment for political candidates. “One of the things is we need more resources,” Biden said. “We need more agents, we need more protection, we need to expand the availability of help.”Biden described the climate as “up across the board,” describing how increased security had changed his style of campaigning.

Persons: Washington CNN —, Biden, Donald Trump, Joe Biden, ” Biden, “, ” Organizations: Washington CNN, US, Service, Management, CNN, Department of Homeland Security, Republican Locations: Butler , Pennsylvania, Ukraine

☆ 3 money mistakes even accounting professionals make, according to a personal finance expert who worked at EY and PwC
▼ + stars: | 2024-09-17 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +7 min

I started my career as a solicitor and worked at PwC as part of their legal team in the UK. From my early days at PwC, I felt Big Four businesses operate super efficiently and do fantastic work. We work with organizations to support their early career talent, providing them with training on navigating uncertainties around personal financial literacy and how businesses work. When you're working at Big Four companies, there are all sorts of rules and regulations about the types of investments you're allowed to make because of audit restrictions. I recommend that early career professionals talk to their peers about what works for them from a personal finance position.

Persons: —, Carla Hoppe, I've, who've, overspending, PwC, I'd, isn't, Gen Zers Organizations: Service, Big, Business, EY Locations: PwC

☆ If you answer 'always' to these 7 questions, you’re more resilient than most
▼ + stars: | 2024-09-17 | by ( Scott Mautz | In Scottmautz | ) www.cnbc.com time to read: +5 min

Here's a mini-assessment focused on fortitude: If you can answer "always" to these seven questions, you're already more resilient than most. For example, during COVID, I saw a microbrewery turn a major setback (having to temporarily close) into an opportunity to have their employees spend time in the community on a variety of volunteer projects. The most resilient leaders I've worked for all shared one superpower: the ability to balance reality and hope. But highly resilient people concentrate on what they still have to be thankful for when setbacks arise. It means compartmentalizing any truly negative effect so it doesn't bleed over into other parts of your job or life.

Persons: I've, we've, you've

The median house price in the U.S. is now 5.8 times more than the median annual income of $80,000. That was, after all, the median price for a house in the area at the time. Jonathan OchartThe median price of a home in Los Angeles county is just under $960,000, according to Zillow listings data. It's just not a level playing field," says Ochart about the income now needed to afford a home. In Grand Rapids, median home prices were on the rise before the pandemic and then soared 54% from 2020 to $285,000 in June 2024, according to Zillow sales data.

Persons: Kelcie Lesko, Tim Khalil, Lesko, Khalil, they'll, Gen Xers, What's, — there's, they're, Daryl Fairweather, Kelly Diehr, homebuyers, you'd, Diehr, Jonathan Ochart, Ochart, It's, Timothy Ham, Timothy Ham couldn't, Ham, you've, That's, boomer, it's, Lawrence Yun, Millennials, Ramit Sethi, Rich, Brad Klontz, homebuying Organizations: CNBC, Homes, LA, National Association of Realtors, NAR Locations: New Jersey, Monmouth County, North Brunswick, Lesko, homeownership, U.S, Denver, Brazil, Los Angeles and New York, San Antonio, Los Angeles, Antonio, Texas, LA, Boise , Idaho, Tacoma , Washington, Grand Rapids , Michigan, Grand Rapids, Kalamazoo

☆ Beyond the obvious, here are the business benefits of investing in employee wellbeing
▼ + stars: | 2024-09-17 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

Employers know that prioritizing employee wellbeing is the right thing to do, but there are also business benefits. Investing in work wellbeing does more than improve employee morale — it can also drive tangible business benefits. Oxford recently analyzed Indeed's work wellbeing dataset and highlighted a strong correlation between company wellbeing and business performance. Moreover, the Indeed-Oxford research reveals the long-term business benefits of prioritizing employee wellbeing. Indeed further strengthened the business case for work wellbeing with the launch of the Work Wellbeing 100, an index ranking the top 100 publicly traded companies by their Indeed Work Wellbeing Score.

Persons: Russell, — LaFawn Davis, Davis Organizations: Oxford, University of Oxford, Nasdaq, Forrester Research, Companies, Insider Studios Locations: Oxford, millennials

☆ Bank of America sees rate cuts propelling gold to $3,000, and this stock is a way to play it
▼ + stars: | 2024-09-16 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Bank of America doesn't see gold's rally ending soon and thinks producer Gold Fields could benefit. A key asset for the metal producer is Chilean mine Salares Norte, which could increase growth through near-term gold production. "Salares Norte should be a highly cash generative asset and we think it could account for [about]. BofA also thinks lower Federal Reserve rates can drive gold to $3,000 by 2025. A longer-term catalyst includes Gold Fields' acquisition of Osisko Mining in August.

Persons: Gold, Jason Fairclough, Fairclough, BofA Organizations: America, Osisko Mining Locations: Chilean, Norte, Quebec

☆ Teens are losing faith in college, giving rise to interest in the skilled trades
▼ + stars: | 2024-09-16 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Although the data shows the rate of high school graduates enrolling within a year of their graduation is significantly higher for students from low poverty high schools. Junior Achievement and Citizen polled 1,000 teenagers between the ages of 13 and 18 in July. Roughly half, or 49%, believe a high school degree, trade program, two-year degree or other type of enrichment program is the highest level of education needed for their anticipated career path. "Teens are starting to get a clearer idea, if they are not going to go the college route, of what the alternatives might be," said Ed Grocholski, chief marketing officer at Junior Achievement. Advancements in artificial intelligence and technology training have also helped change the equation for some young people, Junior Achievement found.

Persons: Doug Shapiro, Shapiro, Ed Grocholski Organizations: Student Clearinghouse Research, Finance, Junior Achievement, Citizen

☆ Gen Z and millennials are propping up the economy — with help from their parents, 'Oracle of Wall Street' says
▼ + stars: | 2024-09-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAccording to a Harris poll from September 2023, about 45% of adults aged 18 to 29 were still living with their parents. However, the "Oracle of Wall Street" economist — so known for correctly predicting the 2008 crisis — did not foresee a recession, given that stronger cohorts would continue to power the economy. Aside from Gen Z and millennial consumers, top-earners are also helping keep the US economy afloat, Whitney noted. Those raking in over $150,000 are still active in the economy, though buying has shifted toward essentials over discretionary products.

Persons: —, Meredith Whitney —, Harris, Whitney, McDonald's, Gen Z Organizations: Service, Financial Times, Business, Whitney, US Bureau of Labor Statistics, Dollar

☆ A 27-year-old who quit her job to resell sneakers online explains how she got her start and sourced profitable products
▼ + stars: | 2024-09-16 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Her business, The Shoe Game Co., started as a hobby before evolving into a side hustle and, eventually, a full-time gig. Sneakers didn't reappear on her radar until the Covid pandemic when work became stressful and her girlfriend encouraged her to reconnect with her childhood hobby as a way to decompress. It was a once-in-a-blue-moon deal that wouldn't have been possible if Zapata didn't know her niche as well as she does. AdvertisementFor a while, however, she says she stuck to what she knew best, which were retro Jordan sneakers: "We didn't veer off. I didn't sell the Nike SB until maybe six months ago because I didn't understand what a Nike SB really was.

Persons: —, Val Zapata, Zapata, Everything's, I'm, Zapata didn't, She's, Holly, Kobe Bryant Organizations: Service, Business, Facebook, GAP, Adidas, Nike, Kobe Locations: Colombia, New York, Texas, Las Vegas, Boston

☆ Broadcom CEO explains why the company increased AI revenue guidance
▼ + stars: | 2024-09-16 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

In a Monday interview with CNBC's Jim Cramer, Broadcom CEO Hock Tan detailed why the semiconductor company hiked up its guidance for artificial intelligence revenue during its earnings report earlier this month, saying huge enterprises are invested in the products. "We are in a segment of the market in AI where we are addressing several hyperscalers," he said. "And these hyperscalers have very strong incentive, ambition to towards building continually, investing in large language models to basically create models that are smarter and smarter." According to Tan, the AI boom is far from over, as some investors fear. Tan claimed that Broadcom has suffered from a "typical hangover" that comes with the upcycle the company saw during Covid.

Persons: CNBC's Jim Cramer, Hock Tan, Tan Organizations: Broadcom, Big Tech

☆ What to know about the available Covid-19, flu and RSV vaccines
▼ + stars: | 2024-09-16 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +8 min

But the Covid-19 vaccines provided 54% protection against symptomatic infection last season, CDC data shows, despite new variants that cropped up. The updated Covid-19 vaccines are available now, but ideal timing for getting the shot may differ based on individual circumstances. Unlike the flu and Covid-19 vaccines, the RSV vaccine is one-time dose. The CDC says it’s also acceptable to get Covid-19, flu and RSV shots at one time, for those who are eligible. Covid-19, flu and RSV vaccines are widely available at pharmacies across the US.

Persons: CNN —, There’s, Mandy Cohen, ”, ” Dr, Sandra Fryhofer, Fryhofer, Katelyn Jetelina, it’s, Dr, Sanjay Gupta Organizations: CNN, US Centers for Disease Control, CDC, Moderna, Pfizer, American Medical, —, CNN Health Locations: United States

☆ China's economy is going through a 'slow, painful, grinding adjustment,' analyst says
▼ + stars: | 2024-09-16 | by ( Sonia Heng | In Sonia-Heng | ) www.cnbc.com time to read: +2 min

"So to some extent, the Chinese government has managed to insulate this big adjustment in the housing market from the financial sector and prevent a bigger crisis. So instead, they're going through this sort of slow, painful, grinding adjustment," Wrigley added. Urban jobless rate rose to a six-month high, while year-on-year home prices fell at their fastest pace in nine years. Prasad criticized the Chinese government for being too slow to enforce bolder measures to stimulate the economy. It also requires early action, and we haven't seen either of those from the Chinese government," he said.

Persons: Eswar Prasad, Prasad, Duncan Wrigley, Wrigley Organizations: Cornell University, Everbright Securities, Reuters Locations: SINGAPORE, China

☆ Internal Amazon document spells out its new RTO rule forcing employees to work from an office 5 days a week
▼ + stars: | 2024-09-16 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +13 min

Read previewAn internal Amazon document details the company's new policy requiring corporate employees to work out of the office five days a week. AdvertisementThe internal "Frequently Asked Questions" document shared with employees describes how the new RTO policy will work. It has ended a policy that gave employees the option to work up to four weeks per year fully remote. Amazon provides a variety of commuter benefits and services to give employees flexibility for their commute to the office. AdvertisementWe will continue to work with employees with disabilities to identify the workplace accommodations/adjustments they need.

Persons: —, Andy Jassy, We've, Amazonians, you've, that's, I'm Organizations: Service, Monday, Business, Amazon, Puget Sound, Global Real, Design, Employees, IT Services Locations: U.S, Arlington, Europe, Americas

Local governments in China are still building highways, bridges and railways, as pictured here in Jiangxi province on Sept. 6, 2024. That's cutting significantly into local government revenue, especially at the district and county level, according to S&P Global Ratings analysts. watch now"Macroeconomic headwinds continue to hinder the revenue-generating power of China's local governments, particularly as related to taxes and land sales," she said. Jiangsu, Shandong, Shanghai, and Zhejiang — some of China's top provinces in tax and non-tax revenue generation — see non-tax revenue growth exceeding 15% year-on-year growth in the first half of 2024, S&P's Huang said. China's national taxation administration in June acknowledged some local governments had issued such notices but said they were routine measures "in line with law and regulations."

Persons: Huang, P's Huang, Camille Boullenois, Laura Li, Morgan Stanley, Chetan Ahya, Robin Xing Organizations: Getty, BEIJING, Global, CNBC, NingBo BoHui Chemical Technology Locations: China, Jiangxi, Beijing, Zhejiang, NingBo, Jiangsu, Shandong, Shanghai, Asia

☆ 'Living death' was my dad's nickname for office work. Now I'm in my 40s — and I can see why.
▼ + stars: | 2024-09-16 | by ( Ariel Sophia Bardi | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I'd spent carefree years bouncing around Kyrgyzstan and Lebanon, Sri Lanka and Mexico, India and Armenia. Advertisement"Living death," that's how my philosopher-slash-guitarist father had nicknamed office work. Author's view from hotel overlooking the Bay of Algiers Ariel Sophia BardiA freelance job helped me feel free againI needed to start living again. I make no comparison between their incredible courage and my own infinitely milder risks, which soon included drifting back to freelance work.

Persons: —, I'd, Trump, wasn't, Algiers Ariel Sophia Bardi, warbled, Rai, one's Organizations: Service, Business, Microsoft Locations: Algeria, Palms, Algiers, California, Kyrgyzstan, Lebanon, Sri Lanka, Mexico, India, Armenia, Oran

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