Job creation in the U.S. is demonstrating signs of slowing as wages remain flat. That’s according to the monthly report on private sector employment released Wednesday (June 5) by ADP. It showed the private sector adding 152,000 jobs in May, down from 188,000 the month...
With artificial intelligence (AI) rapidly advancing and permeating various aspects of society, lawmakers and government agencies are grappling with the challenges of regulating this technology. In Illinois, a flurry of bills aimed at addressing AI risks recently passed, while California emerged as a key player...
Takis Georgakopoulos, JPMorgan Chase’s global head of payments, is reportedly leaving the banking giant. Georgakopoulos, who has headed that division since 2017, will step down to pursue other ventures, Reuters reported Monday (June 3), citing an internal memo. According to the report, Max Neukirchen and...
A longtime Goldman Sachs executive is the Federal Reserve Bank of Cleveland’s new leader. Beth Hammack, co-head of global finance at Goldman, has been named the Cleveland Fed’s new president and CEO, the central bank announced Wednesday (May 29). In addition to leading the Cleveland...
June 20, 2023
In the United States, an average employee has over $3,000 in unused paid time off (PTO) at any given moment, with over $318 billion annually in unused PTO being rolled over each year, according to Veetahl Eilat-Raichel, co-founder and CEO at FinTech startup Sorbet. “There’s a massive market failure around PTO and how it’s constructed […]
June 12, 2023
When examining consumer spending habits, top-down numbers may not tell the whole story. Who exactly is spending and who is not is vital data for retailers, merchants and any other...
December 02, 2022
The fear of alienating customers may be keeping independent restaurants from increasing prices. As they struggle to balance the need to drive sales, to maintain a high quality of service...
November 15, 2022
In what began as a recognition of workplace imbalances and inequities, diversity, equity and inclusion (DE&I) efforts are now evolving into a way of strengthening companies with a broad chorus...
June 07, 2024
Digital wallet provider Curve has appointed Nancy Yaffa as its USA CEO and Reeta K. Holmes as its new board member. These appointments come at a time when Curve, which is active in 31 markets across the United Kingdom and the European Economic Area (EEA), is looking to build its presence in the United States, […]
June 05, 2024
Job creation in the U.S. is demonstrating signs of slowing as wages remain flat. That’s according to the monthly report on private sector employment released Wednesday (June 5) by ADP....
June 03, 2024
Takis Georgakopoulos, JPMorgan Chase’s global head of payments, is reportedly leaving the banking giant. Georgakopoulos, who has headed that division since 2017, will step down to pursue other ventures, Reuters...
May 30, 2024
A longtime Goldman Sachs executive is the Federal Reserve Bank of Cleveland’s new leader. Beth Hammack, co-head of global finance at Goldman, has been named the Cleveland Fed’s new president...
