Cape Town, South Africa.UCG Universal basic income has widespread support in South Africa. South Africa’s largest political party recently pledged to make it a reality. The country ranks as one of the worst countries in terms of income inequality. South Africa has some of the worst income inequality in the world. Its unemployment rate, meanwhile, … Read more
Apple’s Worldwide Developers Conference (AAPL) event kicked off on Monday in Cupertino, California. as the tech giant announced its long-awaited generative AI initiative: Apple Intelligence. Yahoo Finance’s Dan Howley has the details: The technology, Apple’s first step toward generative artificial intelligence, will be deeply integrated into the company’s hardware and software products ranging from iPhone … Read more
COLUMBUS, Ohio (WCMH) – Ohio lawmakers are moving forward with a bill that aims to verify the eligibility of workers, but could also help identify workers who have entered the United States without legal permission. “Partly, that’s because we look at our southern border and see it as a real problem,” Rep. said DJ Swearingen … Read more
Thousands of Chicago police officers got a junk letter from their pension fund this week: Thanks to a payroll error fueled by the officers’ latest contract, roughly 3,000 are being asked to cut a check to their pension fund. plus interest. The Fraternal Order of Police, Lodge 7, which represents most high-ranking police officers, said … Read more
WASHINGTON (AP) – After Federal Reserve officials meet this week, a statement they will release could suggest they have seen meaningful progress in inflation this year – a prelude to eventual interest rate cuts. It’s hard to say, though, because the officials themselves may not know for sure until they begin their meeting. That’s because … Read more
Focusing on market dynamics, Julie Hyman of Yahoo Finance takes a deep dive into the historical trading patterns of the S&P 500 Index (^GSPC) following major crises, modeled by Lori Calvasina of RBC Capital Markets. In her analysis, she sheds light on how the index has navigated these periods, comparing past and current market climates. … Read more
While Australian employers are increasing their willingness to hire individuals with disabilities, disability unemployment and workplace participation numbers remain stagnant, despite critical industries struggling with severe worker shortages. Between them, Australian small businesses have a pool of highly skilled and untapped talent waiting for forward-thinking organizations to find them. With over 4.4 million Australians identifying … Read more
Welcome back to Uncomfortable Money Talks, a new series where we’ll tackle topics or situations around money that make you uncomfortable. We will describe the problem and try to provide you with some workable solutions. Dilemma: A woman has a habit of buying – and hiding – expensive shoes from her husband. A man with … Read more