Tag: finance

  • Large Layoffs Loom On Wall Street

    Large Layoffs Loom On Wall Street

    By Stephen Gandel Perhaps the only thing more broken than Wall Street's business model is its staffing strategy. After adding thousands bankers in the past two years, financial firms again appear to be on the verge of cutting that many positions and then some. Consultants and Wall Street recruiters say... Continue Reading

  • U.S. Growth Slowed At Year's Start But Some See Rebound

    U.S. Growth Slowed At Year's Start But Some See Rebound

    By Paul Wiseman and Christopher S. Rugaber WASHINGTON -- Don't panic yet. The government reported Friday that the economy got off to a tepid start this year, but that doesn't foreshadow a repeat of the near-standstill that happened in 2011. "The economy is firmly on a growth trajectory," said Sung Won... Continue Reading

  • More Workers Complaining Employers Cheat Them Of Overtime Pay

    More Workers Complaining Employers Cheat Them Of Overtime Pay

    The owner of three Subway shops won an award that no boss would want to receive. After workers in Anil Dhawan's stores in Vancouver, British Columbia, complained that they were pressured to waive their right to overtime pay, labor activists there awarded Dhawan the "Bad Boss Award." The Employee Action and... Continue Reading

  • Nearly 1 Out Of 2 Workers Expect Pay Raise In 2012, Survey Finds

    Nearly 1 Out Of 2 Workers Expect Pay Raise In 2012, Survey Finds

    One thing many U.S. workers were conditioned to accept during the recent recession was stagnant wages. But with the economy rebounding, more workers than not say they expect a raise this year, according to a new survey by Glassdoor.com. And they might not be deluded. Earlier this year, another survey... Continue Reading

  • Survey: 20 Percent of Workers Have No Clue What CEO Looks Like

    Survey: 20 Percent of Workers Have No Clue What CEO Looks Like

    Some high-profile companies -- Facebook, for example -- have such highly visible CEOs that you don't have to work there to know who runs the place. But if you couldn't pick your own CEO out of a line up, don't worry, because you're not alone. Continue Reading

  • Hot Entry Level Jobs For Recent Grads

    Hot Entry Level Jobs For Recent Grads

    What are some hot entry-level jobs that recent grads should be seeking out this year and why? -- Jennifer E., Philadelphia, PA Continue Reading

  • Companies Hiring In Large Volume

    Companies Hiring In Large Volume

    By John Smith, senior vice president of enterprise sales at CareerBuilder December often becomes a transition month for job seekers. As the busy holiday season approaches, calendars get filled with parties. Relatives come into town for a visit. Children have a few weeks off from school and need to be... Continue Reading

  • For Bankers, The Era Of The Revolving Door Draws To A Close

    For Bankers, The Era Of The Revolving Door Draws To A Close

    One of the secrets of finance is that the banking world has a history of working in a lot of ways like a basketball league. You may be a star, but your killer jump shot barely matters if your team is in last place. Or to put in actual terms, what bank you work at is as important as your analyst skills. So if... Continue Reading

  • Win a $10,000 Scholarship By Sharing Your Inspirational Story

    Win a $10,000 Scholarship By Sharing Your Inspirational Story

    Young or old, it can be easy to forget what first inspired us to get into our industries or choose our careers. It can be even harder to remember the way it felt when we got our first job or first paycheck, and the ultimate satisfaction of that first big win that also won the respect of our first boss. Continue Reading

  • How You Can Start Making A Difference -- Today

    How You Can Start Making A Difference -- Today

    Ready to do your part to get America back on its feet and working again? Here are some ideas and inspiration to get you started. Continue Reading

  • 10 States Losing The Most Jobs To China

    10 States Losing The Most Jobs To China

    China is taking American jobs, labor unions, politicians and economists, have accused for some time. The logic is simple. While a manufacturing job in the U.S. may pay $50 an hour, when salary and benefits are factored in, Chinese factory laborers make little more than a few hundred dollars a month. Continue Reading

  • 8 Companies Where Employees Are Losing Hope

    8 Companies Where Employees Are Losing Hope

    By Douglas A. McIntyre Some companies become so badly damaged because of changes in the competitive markets or due to poor management decisions that their employees lose hope. This may result from the belief that the corporations they work for have little future, or that they will be laid off as their... Continue Reading

  • The Time Is Right For A Career In Accounting

    The Time Is Right For A Career In Accounting

    For many people looking for employment, the promise of job security is a definite plus. Yet for those just starting out in their job search -- or even just considering their major in college -- finding a job that is going to be financially secure and personally rewarding can be a challenge. For those who have... Continue Reading

  • Obama To Congress: 'Pass This Jobs Bill'

    Obama To Congress: 'Pass This Jobs Bill'

    By DAVID ESPO WASHINGTON (AP) -- Wasting no time, President Barack Obama is pitching to the public his $447 billion jobs program of tax cuts and new spending after bluntly telling Congress to "stop the political circus" and fix the economy. Continue Reading

  • 5 Key Points From President Obama's American Jobs Bill Speech

    5 Key Points From President Obama's American Jobs Bill Speech

    On Thursday evening, an impassioned Barack Obama addressed the U.S. Congress to deliver a speech presenting his American Jobs Bill. Long awaited by Americans, the bill aims to simply help America get back to work. National unemployment stands at 9.1 percent, and the monthly figure hasn't been below 8.8... Continue Reading

  • 10 Best-Paying Jobs Of The Future

    10 Best-Paying Jobs Of The Future

    Demand for these jobs is expected to increase more than 20% in the next 5 years.

    If you decided on a new career path today, wouldn't you like to know which jobs will be in high demand and pay the most once you were out of school? To serve as a guide, 24/7 Wall St. has identified the best-paying jobs of the future. These jobs will grow the most in the next decade and have median incomes well... Continue Reading

  • Obama Looks To Create Jobs, Put GOP On The Spot

    Obama Looks To Create Jobs, Put GOP On The Spot

    By BEN FELLER WASHINGTON (AP) -- Facing a frustrated public and a skeptical Congress, President Barack Obama will pitch at least $300 billion in jobs proposals aimed at getting Americans back to work quickly and forcing Republicans to take a share of the responsibility for solving the country's economic... Continue Reading

  • Yahoo CEO Bartz Leaves With 33% Approval Among Employees

    Yahoo CEO Bartz Leaves With 33% Approval Among Employees

    As the world continues to buzz about what's next for Yahoo after CEO Carol Bartz got fired over the phone, turns out, Yahoo employees may not be so sad to see her go. According to the nearly 300 Yahoo employee reviews on Glassdoor, Bartz is leaving Yahoo with a cumulative 54% approval rating,and a 46%... Continue Reading

  • Obama To Propose $300 Billion Jobs Package

    Obama To Propose $300 Billion Jobs Package

    (Reuters) - President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans some $300 billion in tax cuts and government spending as part of a job-creating package, U.S. media reported on Tuesday. The price tag of the proposed package, to be announced by Obama in a... Continue Reading

  • Yahoo CEO Bartz Fired Over The Phone, Rocky Run Ends

    Yahoo CEO Bartz Fired Over The Phone, Rocky Run Ends

    By Alexei Oreskovic and Edwin Chan (Reuters) - Yahoo Inc Chairman Roy Bostock fired CEO Carol Bartz over the phone on Tuesday, ending a tumultuous tenure marked by stagnation and a rift with Chinese partner Alibaba. Chief Financial Officer Tim Morse will step in as interim CEO, and the company will search... Continue Reading

  • Are Half A Million Postal Service Jobs At Risk?

    Are Half A Million Postal Service Jobs At Risk?

    The government is facing a default. The summer showdown over the federal debt limit was caused by politicians, but one agency is in fact confronting an authentic inflection point - the United States Postal Service. As the New York Times reported on September 4, the USPS does not have enough cash on hand to... Continue Reading

  • Unemployed Face Tough Competition: Underemployed

    Unemployed Face Tough Competition: Underemployed

    By PAUL WISEMAN and CHRISTOPHER LEONARD WASHINGTON (AP) -- The job market is even worse than the 9.1 percent unemployment rate suggests. America's 14 million unemployed aren't competing just with each other. They must also contend with 8.8 million other people not counted as unemployed - part-timers who... Continue Reading

  • Steve Jobs' Resignation Letter

    Steve Jobs' Resignation Letter

    By Jon C. Ogg The day that many feared for Apple Inc. has arrived. Steve Jobs is formally leaving Apple as CEO. He has requested to still serve as Chairman of the Board, director, and employee. His letter is below: Continue Reading

  • Women Make Better Leaders Than Men, If You Give Them The Chance

    Women Make Better Leaders Than Men, If You Give Them The Chance

    As the bumbling debt talks last month sunk Congress' approval ratings to a record low, pundits across the land began to ponder: Would our politics be less soul-crushing if women were running the show? Or if they at least had a bigger seat at the table? The research says yes. Continue Reading

  • Energy States Lead Job Creation In First Half Of 2011

    Energy States Lead Job Creation In First Half Of 2011

    Energy-producing states have experienced unemployment levels well below those of other states in recent years, thanks in part to a boom in energy exploration that's been driven by high oil prices. It's perhaps little surprise then that states that significantly contribute to the nation's production of oil,... Continue Reading

  • 10 Cities Where Americans Can't Get To Work

    10 Cities Where Americans Can't Get To Work

    By Charles B. Stockdale There are over 7.5 million households in the U.S. in which the residents do not own an automobile. Of course, these homes rely on public transportation to commute to work, schools and shopping. Yet, 700,000 of those households don't even have access to public transit, according to the... Continue Reading

  • Bank of America May Cut 10,000 Jobs To Recoup Costs

    Bank of America May Cut 10,000 Jobs To Recoup Costs

    Bank of America plans to lay off 3,500 employees by the end of next month, and potentially even more than 10,000 total, according to The Wall Street Journal and The New York Times. It's the latest installment of the 30,000 to 35,000 layoffs the bank announced in 2008, which were to be staggered over three... Continue Reading

  • The Best And Worst Industries To Find Love

    The Best And Worst Industries To Find Love

    There are very few rates as depressing as employment in this country, but one of them may be marriage. The number of weddings in America has been declining for decades, since premarital sex and cohabitation are no longer taboo, women go to college for more than their "MRS" and high divorce rates have left... Continue Reading

  • Does Google's Takeover Of Motorola Put 19,000 Jobs In Jeopardy?

    Does Google's Takeover Of Motorola Put 19,000 Jobs In Jeopardy?

    Are you Google-worthy? When the behemoth comes knocking faster than you can Google the company's mergers and acquisitions history, you may have every reason to be concerned over your job security. After Google announced on Aug. 15 it would be acquiring Motorola Mobile for a total of $12.5 billion, or... Continue Reading

  • Which Workers Work The Most?

    Which Workers Work The Most?

    Time is a relative concept. Don't worry, we're not talking in an Einstein, speed-of-light kind of way. We mean in a practical, "time flies when you're having fun" kind of way. Most of us feel like times when we're enjoying ourselves go by quicker, while times when we're unhappy, bored or stressed seem to... Continue Reading