Sdi Productions | E+ | Getty ImagesThe U.S. job market has undergone a dramatic transformation in recent years, from one characterized by record levels of employee turnover to one in which there is little churn.In short, the “great resignation” of 2021 and 2022 has morphed into what some labor economists call the “great stay,” a job market with low levels of hiring, quits and layoffs.”The turbulence of the pandemic-era labor market is increasingly in the rearview mirror,” said Julia Pollak, chief economist at ZipRecruiter.How the job market has changedEmployers clamored to hire as the U.S. economy reopened from its Covid-fueled…
Author: usaeverydaylife
Anyone who’s been on a diet can likely relate: Those first lost pounds are met with a sense of euphoria. The voice inside one’s head screams: “I’ve got this!” But then, it inevitably becomes a slog. The initial novelty wears off, and the real work begins. Investors may see a parallel to the initial elation around Novo Nordisk ‘s Wegovy and Eli Lilly ‘s Zepbound. The drugs, which mimic incretin hormones such as GLP-1 and GIP to control blood sugar, suppress appetite and aid weight loss, offering patients the promise of results that approach the levels seen by bariatric surgery.…
The health-care sector is looking cheap heading into 2024, but uncertainty looms in the new year as the Trump administration takes the reins. We’ll describe an options play to capitalize on the price action as 2025 kicks off. Over the past 10 to 20 years, the health-care sector in the United States has grown significantly relative to the broader economy, as measured by its share of gross domestic product. Health-care spending accounted for approximately 15.7% of U.S. GDP in 2003. Over the next 10 years, that share grew by roughly 1.7% to 17.4% of GDP in 2013. Today, it is…
EAST RUTHERFORD, N.J. — Mike LaFleur laughed coming off the field. He shook hands and hugged Jets employees he used to know, and dapped up media members who used to question his decisions and wonder whether he was the right man to be the Jets’ offensive coordinator. Now in the same position for the Los Angeles Rams, LaFleur got the last laugh on Sunday, his Rams leaving with a 19-9 victory over a hapless Jets team that already feels checked out on the 2024 season.Nearly two year ago, LaFleur’s fate as the Jets’ play-caller was in the balance. In exit…
These are the stocks posting the largest moves in midday trading. Source link
The power sector’s tremendous rally on demand for electricity from artificial intelligence may just be getting started, with three stocks in particular poised for more upside next year, according to analysts. Constellation Energy , Vistra Corp. and Talen Energy soared in 2024 as investors realized that the independent power producers had nuclear and gas assets that will be highly sought after by the tech companies building out data centers to power AI. Vistra has more than tripled in value to become the second best performing stock in the S & P 500 this year, outpacing chip powerhouse Nvidia and trailing…
Ryanjlane | E+ | Getty ImagesThe IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced on Friday.The payments will go to individuals who did not claim the 2021 Recovery Rebate Credit on their tax returns for that year and who are eligible for the money.The Recovery Rebate Credit is a refundable tax credit provided to individuals who did not receive one or more economic impact payments — more popularly known as stimulus checks — that were sent by the federal government in the wake of the Covid-19…
U.S. President-elect Donald Trump attends Turning Point USA’s AmericaFest in Phoenix, Arizona, U.S., December 22, 2024. Cheney Orr | ReutersPresident-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend of Silicon Valley’s growing influence in a second Trump White House.Trump said Sunday he would nominate Scott Kupor, a managing partner at Andreessen Horowitz, to be director of the Office of Personnel Management, which coordinates recruitment and provides resources for government employees.Kupor thanked Trump in a post on X and said the opportunity would allow him to work with Elon Musk and Vivek Ramaswamy in their leadership…
ATLANTA — Michael Penix Jr. looked like an NFL veteran in his first professional start but not as much as he sounded like one when he took the podium after the game.The Atlanta Falcons quarterback was at a local Costco shopping Tuesday night when head coach Raheem Morris informed him he would be making his first NFL start. After leading the Falcons to a 34-7 win over the New York Giants in that start, Penix was asked if he’d be celebrating the win at Costco on Sunday night.“No, hopefully, something fancier,” Penix said. “Costco is great, though. Costco, hit me…
A sign marks the location of a Nordstrom store on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesNordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool.The company’s board of directors unanimously approved of the transaction, which is expected to close in the first half of 2025.As part of the deal, the Nordstrom family will have majority ownership in the company, with 50.1%, and Liverpool will own 49.9%. Common shareholders will receive $24.25 in cash for…
