Author: Staff Writer

FoodNeverComes has all the trappings of a food delivery app. You can scroll through a list of restaurants, select your items, and make modifications, then enter your address and method of payment and track the courier as they bring the food to your door. The only catch? As the app’s name implies, the food never actually comes. FoodNeverComes features no real transactions or deliveries. Instead, it’s part of a growing trend of fake online shopping sites spreading from South Korea. On so-called “dopamine sites,” users can simulate retail therapy without the actual retail, getting the buzz that comes from purchasing…

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Kevin Warsh is now stepping into one of the most difficult jobs at a time when inflation is rising again, energy prices are climbing because of the Middle East conflict, and confidence in central banks remains fragile. What immediately stands out is that Warsh is not another Jerome Powell. He has spent years criticizing the Federal Reserve itself, arguing that many of today’s economic problems were created by central bank policy rather than solved by it. One of Warsh’s most important positions is his rejection of the idea that inflation was merely the result of supply chain disruptions or temporary…

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If you’re a parent with an infant, you should be aware that the Centers for Disease Control and Prevention (CDC) has issued an alert about an ongoing outbreak of infant botulism that has been linked to a now-recalled powdered infant formula sold at Target stores and other online locations. Here’s what you need to know about the outbreak and the recalled products. What’s happened? On Saturday, the CDC posted an alert on its website notifying the public about an ongoing multistate outbreak of infant botulism that has so far sickened three individuals across three states.  The individuals are all infants…

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New trends in how Americans are moving from city to city – or staying put – are developing in the post-pandemic real estate landscape. After the pandemic era’s explosion in working from home prompted people to flow out of cities in search of more square footage and a lower cost of living, things appear to be settling into new rhythms. A new report from Realtor.com sheds light on which cities are luring Americans with the promise of good jobs and affordable rent and where those needs are already being met. One spot of good news is that rent prices continue…

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On LinkedIn, users may find thinkfluencers offering life lessons from mundane events, as well as expired ghost job listings. But on occasion, they might also find the opportunity of a lifetime—as did Roberto “Pico” Lopes in his inbox. The Irish-born banker-turned-soccer player spent his athletic career as a center back playing for Ireland’s Shamrock Rovers, but thanks to a LinkedIn message, he took his career to the international stage. It started in 2019 when Rui Aguas, the head coach of Cape Verde—a small archipelago nation in Africa—found out about Lopes’s ancestry. His father had been born on the island nation,…

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As artificial intelligence disrupts the workplace, there are still two human traits every employee needs to succeed, according to Canva’s chief people officer, Jennie Rogerson. Rogerson shared those traits at Charter’s New Employer Brand Summit last week in New York City. “Curiosity is a baseline,” she said. In addition to curiosity, Rogerson called out the ability to “go the extra mile” in taking initiative (and responsibility) to help out the team beyond one’s job description. In practical terms, that could mean getting an advanced certificate in your field or bringing soft skills into the workplace. Career coaches and industry experts…

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If work-life balance is hard to come by for many American workers, then it’s virtually impossible to achieve for working parents. A new study from the Pew Research Center captures just how porous the boundary is for parents who are struggling to juggle work and life. For the majority of parents, their caregiving responsibilities bleed into work—and vice versa. In a survey of 2,242 working parents in the U.S., Pew found that among those who worked full time, 70% said they took care of parenting-related tasks while on the job, and 59% handled work responsibilities while with their children. Over…

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Jeff Bezos hears those widespread fears about AI causing job loss—and he thinks those doomers are looking at the future all wrong. “I know there’s a lot of concern in general about AI and job loss,” Bezos said in a recent CNBC interview. “I have a very different view. I think what’s actually going to happen is we’re going to have labor scarcity as a result. People are going to have to work hard.” “I know why people are pessimistic. They’re pessimistic because a bunch of smart people are telling them to be pessimistic, but those people are wrong,” Bezos…

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ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 87.00 points or 0.13% to 69,404.50 • Shanghai decreased 4.58 points or -0.11% to 4,091.892 • Hang Seng decreased 348.72 points or -1.40% to 24,493.95 • ASX 200 increased 3.70 points or 0.04% to 8,917.70 • SENSEX increased 544.15 points or 0.71% to 76,808.48 • Nifty50 increased 135.25 points or 0.57% to 23,989.15 The major Asian currency markets had a mixed day today: • AUDUSD decreased 0.00034 or -0.05% to 0.70694 • NZDUSD increased 0.00127 or 0.22% to 0.58357 • USDJPY increased 0.105 or 0.07%…

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In a Securities and Exchange Commission (SEC) filing on Tuesday, Robinhood said it would cut 10% of its full-time workforce of 2,900 and close a “small number” of open roles. The Menlo Park, California-based financial services platform is joining the ranks of companies that have flattened middle management roles to save costs and slim out bureaucracy.  Robinhood CEO Vlad Tenev sent an internal email to staff regarding the layoffs, which the company posted on X.  “I want to be transparent about why this is happening now,” Tenev said in the memo. “Robinhood’s business has never been stronger. But to achieve…

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