Young Women Leave Jobs for More Money
New York magazine’s Ann Friedman recently offered advice for employers who’d like to attract and retain top female talent: “Pay us enough that if you were to accidentally email the entire office a spreadsheet containing everyone’s salary, you wouldn’t be ashamed.” The column, “One Weird Trick To Keep Female Employees From Quitting,” highlighted a psychological effect of wage disparities: They’re a real morale killer. Friedman cited a...
Canada Jobless Rate Hits 3-Year High to 7.3 Percent
Montreal — Canada’s unemployment rate posted a surprise increase last month as the nation continues to struggle with the impact of lower oil prices. The unemployment rate climbed to 7.3 percent in February, the highest since March 2013, following a 7.2 percent rate a month earlier and up from as low 6.6 percent last year, Statistics Canada said Friday from Ottawa. Employers eliminated a net 2,300 jobs, including more than 50,000...
Americans Recover $7 Trillion In Home Wealth as Prices Firm
In March 2014, Steven and Bernadette Doherty paid $183,000 for a two-bedroom home in Charlotte, N.C., $6,000 more than its appraised value. Today, similar houses in the neighborhood are being priced at $300,000 or more. “We bought at the right time,” said Bernadette, a retired Wells Fargo & Co. information technology worker. “In retrospect, we were lucky as prices have gone up so much more.” Home-price appreciation is a welcome...
Instacart Getting Advertisers to Pay Fees for Delivery
Online shoppers hate paying delivery fees. So Instacart Inc. is getting Pepsi to foot the bill. The grocery delivery startup is working with General Mills, Nestle, PepsiCo, Unilever, and other consumer goods makers to cover the cost of delivery or provide other discounts when customers buy their products. In addition to the coupons, the companies pay Instacart to advertise on its website. Since introducing the program about six months...
S&P 500, Dow Erase Early-Year Losses
U.S. stocks rose, with the Standard & Poor’s 500 index turning positive for 2016 in the wake of a dovish Federal Reserve that helped the gauge post its longest weekly winning streak since November. The equity benchmark joined the Dow Jones Industrial Average to advance for the year, staging one of the biggest turnarounds in history. The Dow surged 12 percent in 24 days through Thursday, boosted by seven separate daily advances...
