Navy Federal Credit Union: Employers are “clinging” to their employees
Did the pandemic stress you? If so, maybe you should consider acting your age!
Despite this — fear not — a recent survey of 2,000 Americans over the age of 30 reveals the average respondent is better at managing stress now than they were a decade ago. According to the results, only 18 percent feel stressed “all the time.”
Last week’s decline brings claims to the lowest level since the pandemic struck in March 2020.
Claims, a proxy for layoffs, are holding well below a recent peak of 424,000 in mid-July but remain above 2019’s weekly average of 218,000.
🤣 MEME of the day by Jamie Laskie 🤣
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UpEquity $$$ raise is the latest sign of housing market boomtown!!!
Late last week, UpEquity announced the closing of $50 million in Series B funding led by S3 Ventures, with $20 million in equity and $30 million in debt allocated.
🔥 Working with the Hispanic Community 🔥
With Josh Pitts & Eddy Perez
Fed reverses course; bans members from securities and bond trading
The Federal Reserve is imposing new restrictions on investments by its senior officials as it seeks to address a controversy involving trades made by two regional Fed bank presidents last year.
The new rules are expansive and are designed to place the Federal Reserve's investment and trading rules at the forefront among major federal agencies.
“These tough new rules raise the bar high in order to assure the public we serve that all of our senior officials maintain a single-minded focus on the public mission of the Federal Reserve,” said Federal Reserve Board Chair Jerome H. Powell.
To help guard against even the appearance of any conflict of interest in the timing of investment decisions, policymakers and senior staff generally will be required to provide 45 days' advance notice for purchases and sales of securities, obtain prior approval for purchases and sales of securities, and hold investments for at least one year.
Further, no purchases or sales will be allowed during periods of heightened financial market stress.
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