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The Amplify Online Retail ETF climbed 0.44% and the ProShares Online Retail ETF ended the regular trading session 0.39% higher. The broader VanEck Retail ETF gained 0.02%, and the SPDR S&P Retail ETF was the only one in the group to post declines. The Amplify ETF's gains have been driven by top holdings like Affirm Holdings (AFRM.O), up 11.97% on Monday and 97% so far in 2023. The VanEck Retail ETF's holdings include Costco, (COST.O), which gained 0.6% Monday and is up more than 30% so far this year. For example, the SPDR S&P Retail ETF trades at $63.64, down from its year high of $75.77.

Persons: Caitlin Ochs, Michael Ashley Schulman, Suzanne McGee, Ira Iosebashvili, Deepa Babington Organizations: New York Stock Exchange, REUTERS, Exchange, Shoppers, Adobe Digital, Adobe Inc, Adobe, P, Costco, Nasdaq, P Retail, PwC, Deloitte, Running, Thomson, & $ Locations: New York City, U.S

WILL SHOPPERS FIND BLACK FRIDAY DEALS THIS YEAR? HOW MUCH ARE SHOPPERS EXPECTED TO SPEND? Spending online during Black Friday is expected to rise 5.7% to roughly $9.6 billion, according to Adobe. WHAT ARE RETAILERS DOING TO ATTRACT HOLIDAY SHOPPERS? Macy's CEO Jeff Gennette on Thursday said the competitive landscape has shifted to Black Friday deals prior to Black Friday.

Persons: Marcus Collins, Collins, Jane Hali, Max, Lancome mascaras, Bobbi Brown concealers, Dana Telsey, Leonardo Fernandez Viloria, David Bujnicki, Kimco, Jeff Gennette, Mattel, Steve Totzke, Juveria Tabassum, Savyata Mishra, Richa Naidu, Helen Reid, Herbert Lash, Josie Kao Organizations: Retailers, Department, Ross School of Business, University of Michigan, Dollar, Walmart, Associates, Nordstrom, Adobe Analytics, Electronics, Mastercard, National Retail Federation, Telsey Advisory, Sensormatic Solutions, U.S, Black, REUTERS, Adobe, Labor, Kimco Realty Corp, Consumers, Deloitte, Reuters, Thomson Locations: U.S, Europe, Philadelphia, China, United States, Caracas, Venezuela, Panama, Israel, Sixth, Washington, Germany, India, Spain, United Kingdom, Bengaluru, London

☆ Every country needs an Inflation Reduction Act
▼ + stars: | 2023-11-23 | by ( Antony Currie | ) www.reuters.com time to read: +9 min

REUTERS/David Gray/File Photo Acquire Licensing RightsMELBOURNE, Nov 23 (Reuters Breakingviews) - Lawmakers in South Korea blasted the U.S. Inflation Reduction Act as a betrayal. Yet concerns about market distortion from the policy intended to stimulate investment in the energy transition and signed into law by President Joe Biden in August 2022 are easing. The Biden administration’s willingness to negotiate on its package of $370 billion of tax breaks and other measures has helped. Reuters GraphicsTrouble is, governments also need to show that they will be fiscally responsible stewards of the energy transition in the short term – especially with inflation still a threat and budgets under pressure. In a speech on Nov. 2 about enabling Australia’s energy transition, Treasurer Jim Chalmers said that “incentives like the type we’ve seen in the Inflation Reduction Act in the United States can be part of an answer but they’re not the whole answer”.

Persons: David Brockwell, David Gray, Australia’s Fortescue, FMG.AX, Joe Biden, Biden, –, Goldman Sachs reckons, ’, Uncle Sam, Fumio, Jim Chalmers, they’re, Chalmers, Una Galani, Thomas Shum Organizations: REUTERS, Rights MELBOURNE, Reuters, Australia, Washington, European, of America, Labor Energy Partnership, U.S, Canberra, Climate Energy Finance, Climate Capital Forum, Deloitte, National Australia Bank, quicken, Thomson Locations: Lake George, Canberra, South Korea, United States, Seoul, European Union, U.S, Japan, Washington, EU, Australia

☆ American Shoppers Have Plenty of Dry Powder
▼ + stars: | 2023-11-22 | by ( Justin Lahart | Jinjoo Lee | ) www.wsj.com time to read: 1 min

People say they plan to spend $1,652, on average, this holiday season, according to a Deloitte survey. Photo: Joe Burbank/Associated PressAmericans say they are worried about the economy, and there certainly are reasons to question the staying power of consumer spending. That doesn’t mean they won’t spend heartily this holiday season. The U.S. consumer is in a funk, according to the U.S. consumer. The University of Michigan’s sentiment index, based on a long-running survey of households, remains far below prepandemic levels and lately has been near levels experienced in the wake of the 2008 financial crisis.

Persons: Joe Burbank, haven’t Organizations: Deloitte, Associated Press, University of, Wall Street Locations: U.S

☆ 2 big signs that it will be a great holiday season for receiving gifts
▼ + stars: | 2023-11-22 | by ( Cork Gaines | ) www.businessinsider.com time to read: +4 min

Americans are preparing to spend money this holiday season at a rate exceeding pre-pandemic levels. And yet, there are also some promising signs that consumers are ready to splurge on deals this holiday season. A new Deloitte survey shows that Americans are preparing to spend money this holiday season at a rate exceeding pre-pandemic levels. Deloitte also found that the people surveyed plan to spend $1,652 this holiday season, up 14% from last year and 10% from the pre-pandemic level of $1,496 in 2019. OCTAVIO JONES/Getty ImagesThe steeper discounts will mean that prices for many products will be cheaper this year compared to last year's holiday season, according to the Wall Street Journal.

Persons: —, OCTAVIO JONES Organizations: Service, Deloitte, Black, Adobe, Wall Street

☆ OpenAI ditched the only 2 women on its board. So far, it's replacing them with men.
▼ + stars: | 2023-11-22 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

OpenAI announced a new male-dominated board after Sam Altman won the battle to return as CEO. 'Please, more representation and balance'The departure of Toner and McCauley has put the makeup of OpenAI's new board in the spotlight. Emily Bell, a founding director of the Tow Center for Digital Journalism, wrote in a post on X : "OpenAI fires women on the board — board chair who oversaw fuck up stays." Tom Williams/Getty ImagesOne of OpenAI's main rivals also weighed in on the lack of diversity on the new board. Within the private sector, research from Crunchbase in 2022 showed that women held 16% of board seats among more than 660 companies they analyzed.

Persons: OpenAI, Sam Altman, Helen Toner, Tasha McCauley, Adam D'Angelo, —, Sam Altman's, Bret Taylor —, Larry Summers, D'Angelo, Ilya Sutskever, Altman, Toner, McCauley, Emily Bell, Summers, Jeffrey Epstein, Bell, Tom Williams, Bret, Taylor, Emad Mostaque, Vinod Khosla, OpenAI's, Angela Hoover, Andi Organizations: Service, Microsoft, Tow Center, Digital Journalism, Deloitte, Alliance for Board Diversity, Fortune, New York Times Locations: Crunchbase, San Francisco

☆ 'The consumer slowdown has begun': America's deteriorating shopping spree in 4 charts
▼ + stars: | 2023-11-22 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

According to Deloitte, the consumer spending slowdown is already starting. "The stellar US economic growth recorded in the third quarter was largely due to the strong growth in consumer spending. However, it is widely expected that consumer spending will decelerate in the holiday season, thereby putting financial stress on retailers and their suppliers." Spending intentions have plummetedThe negative trend in retail sales could continue, as spending intentions among Americans have plummeted over the past few months, according to Deloitte's spending intentions index. Americans' spending intentions are the lowest they've been all year.

Persons: —, Ira Kalish, Kalish Organizations: Deloitte, Service, Wall, Conference, Survey

☆ Black Friday deals aren’t as good as you think. Here’s how to snag even lower prices
▼ + stars: | 2023-11-21 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

By most accounts, Black Friday and Cyber Monday promise some of the lowest prices of the season. This year, holiday spending during the Thanksgiving week may hit a record as consumers try to maximize the weekend's sales, a separate Deloitte Black Friday-Cyber Monday survey found. However, these are not necessarily the best deals of the year, according to Julie Ramhold, a consumer analyst at DealNews.com. A separate analysis of previous Black Friday sales found that 98% of the deals were the same price or cheaper at other points during the year. Stores try to tempt you with discounts, but "I don't know that Black Friday has the same level of value that it did years ago," Ramhold said.

Persons: Julie Ramhold, Ramhold Organizations: National, Deloitte, DealNews.com, Finance

This raised doubts over whether SEC rules would survive a court challenge. An SEC spokesperson declined to comment on Scope 3 emissions and when the climate disclosure rules will be finalized. Even some advocates of climate action have expressed concerns about the logistical challenges of accurately calculating Scope 3 emissions. For many businesses, however, Scope 3 emissions represent more than 70% of their carbon footprint, according to consulting firm Deloitte. Some voluntary initiatives such as the International Sustainability Standards Board already specify that it is best practice to disclose Scope 3 emissions.

Persons: Rebecca Cook, Gary Gensler, Joe Biden's, Biden, Gensler, Jarrett Renshaw, Douglas Gillison, Isla Binnie, Chris Prentice, Ross Kerber, Simon Jessop, Michelle Price, Greg Roumeliotis, David Gregorio Our Organizations: REUTERS, U.S . Securities, Exchange Commission, SEC, Union, Republican, Commission, Democrat, Deloitte, Gensler, Republican SEC, Sustainability, U.S . Chamber, Commerce, Thomson Locations: Detroit , Michigan, U.S, CALIFORNIA, California, Washington, New York, Boston, London

☆ 60% of Americans are living paycheck to paycheck heading into the holidays, report finds
▼ + stars: | 2023-11-20 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

This year, holiday spending during the Thanksgiving week may hit a record as consumers try to maximize the weekend's deals, according to a 2023 Deloitte Black Friday-Cyber Monday survey. Spending over the week is expected to jump 13% from last year, with shoppers shelling out $567 on average, Deloitte found. Half of consumers plan to take on more debt to pay for holiday expenses, another report by Ally Bank found. That CNBC survey found that 61% of Americans are living paycheck to paycheck, up from 58% in March. More than one-third of consumers plan to dip into their savings even more to cover holiday spending, LendingClub also found.

Persons: Barbie, Mario Tama, LendingClub, Alia Dudum Organizations: Deloitte, Walmart, Getty, Bank, Ally Bank, CNBC Locations: Burbank , California

☆ Millennials and Gen Z are driving demand for experiences. It could be a great industry to stake your career on.
▼ + stars: | 2023-11-20 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

Cooks at restaurants are expected to increase 20% between 2022 and 2032. Employment is expected to grow from 1.36 million in 2022 to 1.64 million in 2032, which represents an over 20% increase. As of May 2022, restaurant cooks make about $34,000 a year, or $16.40 an hour. Hawaii, Rhode Island, and Nevada have the largest concentration of restaurant cooks, while the Northeast and West Coast have the highest average salaries. However, the number of fast food cooks is projected to fall by over 101,000 by 2032 as fast food establishments continue to reduce staff or close locations.

Persons: —, Disney, Bruce Grindy, Grindy, It's, there's Organizations: Service, Employment, Restaurant Industry, National Restaurant Association, Student, Entertainment, BLS Locations: Hawaii , Rhode Island, Nevada, Northeast, West Coast, United States

☆ Millennial and Gen Z parents are struggling
▼ + stars: | 2023-11-19 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +16 min

AdvertisementMillennial and Gen Z parents are finding themselves isolated. But they and Gen Zers behind them have finally caught up to previous generations in terms of their income, Jean Twenge, a psychologist and the author of "Generations: The Real Differences Between Gen Z, Millennials, Gen X, Boomers, and Silents—and What They Mean for America's Future," told me. As fast as the money comes in from the pay raises that millennials and Gen Zers have secured, for parents the money goes right back out. These realities can force many millennial and Gen Z parents to make tough choices. But, at the same time, young parents are fleeing those walkable cities for the towns next door.

Persons: Kyle Taylor doesn't, Taylor, they're, Gen, they've, We've, Natalie Groff, Gen Zers, Jean Twenge, Gen X, Silents, Twenge, Groff, she's, Jimmy Gomez, Gomez, of Labor He's, Zers, It's, millennials, they'd, Brittany Pettersen, we've, Pettersen, that's, She's, Becca Balint, didn't, Balint, That's, who's, isn't, Juliana Kaplan Organizations: Bureau of Labor Statistics, Bank of America, Department of Labor, Congressional, Caucus, of Labor, Pew Research Center, National Association of Realtors, Deloitte, Democratic Locations: The Alabama, New York City, California, Younger, Colorado, America, Vermont

☆ Some healthcare systems are taking on the challenge of health inequity — but ending the disparities isn't a quick process
▼ + stars: | 2023-11-17 | by ( Heather Lindsey | ) www.businessinsider.com time to read: +7 min

Some health systems are embedding health-equity programs in their business strategies. The report said health inequities led to increased costs associated with premature death, loss of work productivity, and excess medical spending. "When you lean into health equity, you can create value, better outcomes, and lower costs," he said. Bhatt said health systems can push for health equity by creating diverse care teams. "If you lean into health equity," Bhatt said, "there is opportunity to improve outcomes, build consumer loyalty and trust, and create economic value."

Persons: —, Keneica Moore, Moore, MAAME doulas, Sarahn Wheeler, Wheeler, who's, inequity, Jay Bhatt, Bhatt Organizations: Healthcare, Service, Empowerment, Duke Health, Centers for Disease Control, National Institute, Minority Health, Deloitte Health Equity Institute, Deloitte Center for Health Solutions Locations: Durham, North Carolina

☆ What to do if you don't actually want a job you're interviewing for: ‘Use it as an opportunity’
▼ + stars: | 2023-11-16 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +1 min

Interviewing for a new job can be stressful and exhausting, but hopefully, you're also up for an opportunity you're excited about with an organization that piques your interest. It's not you, it's them, and you don't actually want the job anymore. First of all, maybe it's actually a little too early to tell if the company or the role is an absolute mismatch, she says. "Use it as an opportunity to keep your mind open. "So just keep an open mind."

Persons: It's, Teresa Freeman, Freeman, would've, you'd Organizations: Deloitte

[1/4] Consumers struggle to enter a store to buy shoes in a store at a shopping center during Black Friday sales, in Caracas, Venezuela November 25, 2022. WILL SHOPPERS FIND BLACK FRIDAY DEALS THIS YEAR? HOW MUCH ARE SHOPPERS EXPECTED TO SPEND? Spending online during Black Friday is expected to rise 5.7% to roughly $9.6 billion, according to Adobe Analytics. Macy's CEO Jeff Gennette on Thursday said the competitive landscape has shifted to Black Friday deals prior to Black Friday.

Persons: Leonardo Fernandez Viloria, Marcus Collins, Collins, Dana Telsey, Jane Hali, Max, Lancome mascaras, Bobbi Brown concealers, Jeff Gennette, Mattel, Steve Totzke, Juveria Tabassum, Savyata Mishra, Richa Naidu, Helen Reid, Josie Kao Organizations: Black, REUTERS, Retailers, Department, Ross School of Business, University of Michigan, Labor, National Retail Federation, Telsey Advisory, Sensormatic Solutions, U.S, Adobe Analytics, Dollar, Walmart, Associates, Nordstrom, Adobe, Consumers, Deloitte, Electronics, Mastercard, Reuters, Thomson Locations: Caracas, Venezuela, U.S, Europe, Philadelphia, Panama, United States, United Kingdom, China, Bengaluru, London

☆ Manchester City report record profits to match best season on pitch
▼ + stars: | 2023-11-15 | by ( Lori Ewing | ) www.reuters.com time to read: +4 min

"The 2022-23 season saw Manchester City scale new heights and set new benchmarks," City chairman Khaldoon Al Mubarak, said in a statement. "In short, last season saw Manchester City achieve the greatest football and commercial year of its storied history." Commercial revenues accounted for 341.4 million pounds, followed by broadcast at 299.4 million and then matchday at 71.9 million, for a profit of 80.4 million, nearly doubling the previous year's record profit of 41.7 million pounds. Profits also benefited from significant player trading with 121.7 million pounds generated from transfers, up a significant 79.8% over the previous 12 months. On the pitch, manager Pep Guardiola guided City to a third successive Premier League title, an enthralling 2-1 FA Cup final victory over rivals Manchester United, and a first ever Champions League title.

Persons: Lee Smith, Sheikh Mansour, Khaldoon Al Mubarak, Pep Guardiola, Lori Ewing, Toby Davis Organizations: Soccer Football, Premier League, Manchester City, Chelsea, Etihad, Premier, Rights, Manchester City FC Ltd, Broadcasting, Champions League, FA, City, Brand Finance, Real Madrid, Manchester United, Deloitte Football Money League, soccer, Real, Club, Super League, Thomson Locations: Manchester, Britain, Rights MANCHESTER, England, Real Madrid

☆ A consultant has gone viral on TikTok promoting a networking trick she calls 'corporate flirting' to get ahead at work
▼ + stars: | 2023-11-15 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

Srinidhi Rajesh has gone viral on TikTok after suggesting that people should "corporate flirt" to get ahead. AdvertisementA TikToker has gone viral after popularizing a networking hack she calls "corporate flirting" to be successful in the workplace. "We called it corporate flirting and I'm gonna show you guys how to do it." Rajesh said "corporate flirting" can also be used on mentors and very senior-level employees whom you might be seeking advice from. By drawing on dating situations, Rajesh offers strategies that are relatable and achievable to young Gen Zers who are still navigating unfamiliar territory.

Persons: Srinidhi Rajesh, Rajesh, —, I'm, Zers, Gen Zers Organizations: McKinsey, Service, McKinsey & Company, KPMG, Deloitte, PWC Locations: New York, Northwestern, America

☆ Whoopi Goldberg is criticized online for saying Gen Z and millennials can't afford a house because they 'only want to work four hours' a day
▼ + stars: | 2023-11-14 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Whoopi Goldberg suggested that young people can't afford a home because they don't work hard enough. "If you only want to work four hours, it's going to be harder for you to get a house," she said. AdvertisementActress and TV personality Whoopi Goldberg is getting flak online for suggesting that Gen Z and millennials are unable to afford a home because they don't work hard enough. And some younger workers say they have taken on a second job to boost their income, a recent Deloitte survey found. AdvertisementStill, there are plenty of younger workers who say they're actually rejecting corporate culture in favor of work-life balance.

Persons: Whoopi Goldberg, —, Joy Behar, Alyssa Farah Griffin, Sara Haines, Sunny Hostin, Gen, Goldberg, Suzy Welch, Scott Galloway, you've, they're Organizations: Service, NYU, ABC, Deloitte

☆ Nearly a 3rd of American workers say they go to therapy to cope with their toxic bosses, new survey finds
▼ + stars: | 2023-11-14 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

American workers say they are going to therapy to talk about their toxic bosses, a new poll found. Researchers defined a "toxic boss" as one who exhibits behaviors like micromanagement, credit-stealing, setting unreasonable expectations, unprofessionalism, and unapproachability. Thirty-four percent of those with toxic bosses reported engaging in coping mechanisms like drinking and overeating. Despite the toll toxic bosses can take on workers' lives, the majority of workers with toxic bosses say they tolerate them for financial reasons, including salary, benefits, and the fear of leaving in an uncertain economic climate. Nearly half of workers reported feeling stressed and one third said they were lonely in a Deloitte workplace study published in June.

Persons: —, Libby Rodney, Rodney Organizations: Workers, Service, Harris, Deloitte, American Psychological Association

☆ Exxon to start lithium production for EVs in the U.S. by 2027
▼ + stars: | 2023-11-13 | by ( Sabrina Valle | Thomson Reuters | U.S. Energy Correspondent Focused In Covering Global Operations Of Oil Majors Out Of Houston. | ) www.reuters.com time to read: +3 min

[1/2] Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. Ammann did not disclose how much Exxon intends to invest in the lithium business, or when it might become profitable. Exxon plans to begin production with partner Tetra Technologies, Reuters exclusively reported on Saturday. It will produce the metal onsite and sell it under the brand name Mobil Lithium, the company said on Monday. Exxon is focusing on lithium production to be used not only in EVs but also consumer electronics and energy storage systems that can hold electricity generated from intermittent solar and wind power.

Persons: Dado Ruvic, Dan Ammann, Ammann, Sabrina Valle, Sourasis Bose, Maju Samuel, Bernadette Baum Organizations: Exxon Mobil, REUTERS, Companies, Exxon, Tetra Technologies HOUSTON, Exxon's, Imperial, Tetra Technologies, Reuters, Mobil, BP, Shell, Deloitte, Thomson Locations: China, United States, Europe, Arkansas, U.S, Alberta, Canada, Houston, Bengaluru

☆ Could resumes soon be a thing of the past? Experts give their verdict
▼ + stars: | 2023-11-10 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

Resumes are often integral to job applications, but as skills-based hiring is on the rise, could they become obsolete? Srdjanpav | E+ | Getty ImagesMore often than not, the first step of a job application is submitting your resume. Resumes of the futureOne thing is clear to experts: Resumes of the future will look nothing like they do now. That includes both their content and look, Dave Rizzo, talent strategy and operations leader at Deloitte told CNBC Make It. Having a "perfect" resume also no longer means as much to employers as it has done in the past, Julia Pollock, chief economist at ZipRecruiter, told CNBC Make It.

Persons: Adam Hawkins, Hawkins, Dave Rizzo, Rizzo, Julia Pollock Organizations: CNBC, LinkedIn, EMEA, LATAM, Deloitte

☆ M&S echoes UK peers on early Christmas demand, Ahold looks to loyalty
▼ + stars: | 2023-11-08 | by ( James Davey | ) www.reuters.com time to read: +3 min

[1/2] A logo of food and clothes' retailer Marks and Spencer (M&S) is seen at a branch in London, Britain March 10, 2022. "We are definitely seeing good sales performance in our Christmas ranges," CEO Stuart Machin told reporters after M&S reported much better-than-expected first half results. BIGGER FAMILY CHRISTMASM&S's Machin said research showed about 20% of its customers wanted to stock up on Christmas food products "slightly earlier" this year, with most of those customers planning for a bigger family Christmas. Still, the retail bosses are hopeful of strong demand for food, drinks and presents from now until the end of December. Reporting by James Davey; Editing by Sarah Young, Kate Holton and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

Persons: Marks, Spencer, Toby Melville, Ahold, Stuart Machin, S's Machin, I'm, Machin, James Davey, Sarah Young, Kate Holton, Emelia Organizations: REUTERS, Major, British Retail Consortium, Marks, Tesco, Accenture, Deloitte, PwC, Thomson Locations: London, Britain, Europe, United States

☆ Gen Zers are saying 'no thanks' to promotions for reasons that go beyond money
▼ + stars: | 2023-11-08 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

Gen Zers aren't eager for promotions, partly because they believe management is unfulfilling. Gen Zers crave support, clarity on goals, a realistic career path. But actually, that's not the dream of many Gen Zers. For many Gen Zers, it can be easy to look at their managers and think, "No, thanks." The consultancy also found that Gen Zers think meaningful work is just as important as workplace flexibility when they're considering a job opportunity.

Persons: Zers aren't, Zers, —, that's, Emily Rezkalla, Rezkalla, she'd, Zers —, it's, Pradeep Philip, Philip, Gen, we've, they're, Rod Thill, he's, Thill, TikTok Organizations: Service, Deloitte, Economics, McKinsey

☆ Hong Kong's IPO market is still in a slump despite an expected rebound
▼ + stars: | 2023-11-06 | by ( Sheila Chiang | ) www.cnbc.com time to read: +4 min

Hong Kong Street Scene, Mongkok District with busses Nikada | E+ | Getty ImagesHong Kong's initial public listing market remains in a slump, even as analysts predicted a market rebound in the second half of the year. "The Hong Kong market has not recovered as much as we would like," Irene Chu, partner at KPMG China, told CNBC. In the first three quarters of the year, the Hong Kong IPO market concluded 44 listings, and raised 24.6 billion Hong Kong dollars ($3.14 billion), according to KPMG. Hong Kong's stock market was among the worst performing last year, shedding 15% in 2022 for its third-straight year of declines. "The Hong Kong stock market remained weak in Q3 2023, as did stock valuations, because of macroeconomic developments, in particular around U.S. interest rate hikes.

Persons: Irene Chu, Hong, Ringo Choi, EY, Zhejiang Leapmotor, Arun George, It's, Chu Organizations: Hong, KPMG China, CNBC, Hong Kong, KPMG, Hang Seng, J, T Express, Reuters, Deloitte, Hong Kong's, ZJLD, Onewo, Global Equity Research, International Monetary Fund Locations: Hong, Mongkok District, Hong Kong, Ringo Choi Asia, Pacific, Asia, Indonesian, Zhejiang, China, Shanghai, Shenzhen, KPMG China, —

☆ Gen Z is forcing a workplace reckoning that should have happened years ago
▼ + stars: | 2023-11-05 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

Gen Z, on the heels of the pandemic, is pushing for changes to how we work. Workers across generations are benefitting from some of the questions Gen Z has been asking. AdvertisementAdvertisementThanks, Gen Z. Gen Zers aren't likely to get everything they're asking for — at least not right away. And even workplace jargon — that code for showing you belong because you know how to toss it around — is getting a Gen Z rewrite .

Persons: Gen Z, —, Zers aren't, Pradeep Philip, Philip, That's, Nicole Kyle, Zers, Brynn Anderson, who've, Alex Soojung, Kim Pang, Pang, we've, Read, Zer, Gen Organizations: Workers, Service, Deloitte, Economics, CMP Research, United Auto Workers, Detroit, UPS, Associated Press, UAW, didn't Locations: America

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