When Starbucks hired Jaz Brisack in late 2020 as a barista, it couldn’t have known that the 24-year-old former Oxford University Rhodes Scholar would go on to play a starring role in unionizing one of America’s best-known brands. A year later, Brisack would prove instrumental in helping lead a Starbucks …
Read More »Inflation will clobber “entitled generation” of consumers, BlackRock president says
It’s been at least 40 years since inflation was as high as it is today, and that means an entire generation of “entitled” consumers is about to learn some very rude lessons about life and money, according to BlackRock President Rob Kapito. Kapito, who is also co-founder of BlackRock, the …
Read More »Clarence Thomas discharged after week
Supreme Court Justice Clarence Thomas was discharged Friday after a week in the hospital, according to the court. The Supreme Court’s public information officer said Thomas was discharged from the hospital earlier Friday, without elaborating further. Thomas was admitted to Sibley Memorial Hospital in Washington, D.C., on March 18 with …
Read More »4 shot in downtown Austin during final weekend of SXSW festival
Four people suffered gunshot wounds in a shooting in downtown Austin early Sunday as the city wrapped the final weekend of the South by Southwest Festival, which returned this year after a two-year hiatus due to COVID-19. The shooting occurred around 2 a.m. and all four victims were hospitalized with …
Read More »This week on “Face the Nation with Margaret Brennan,” March 20, 2022: Qin, Austin, McConnell, Markarova, Gottlieb
“Face the Nation” Guest Lineup: Qin Gang – Chinese Ambassador to the U.S. Lloyd J. Austin III – Secretary of Defense Senator Mitch McConnell – (R) Kentucky, Senate Minority Leader Oksana Markarova – Ukrainian Ambassador to the U.S. Dr. Scott Gottlieb – Former FDA Commissioner How to watch “Face the …
Read More »5 suspects arrested a decade after killing of iconic boxer Héctor “Macho” Camacho
With heads bowed and surrounded by heavily armed police, the first suspects arrested nearly a decade after the fatal shooting of iconic Puerto Rico boxer Héctor Camacho appeared in court Wednesday to face murder charges. Five men are accused in the slaying of the fighter nicknamed “Macho Camacho” and a …
Read More »3 top reasons for record job quits: Bad pay, bad opportunities, bad bosses
Americans continue to quit their jobs at near-record rates, with 4.3 million people handing in their resignations in January, the government said Wednesday. Economists have pointed to a tight labor market for driving the so-called “Great Resignation” — but workers themselves blame bad pay, bad opportunities and bad bosses. The …
Read More »Pentagon shuts down leaking U.S. Navy fuel tank facility in Hawaii
The Pentagon has shut down a leaking U.S Navy fuel tank facility in Hawaii after the tank contaminated drinking water for thousands of Hawaii residents, the Defense Department announced Monday. The Red Hill bulk fuel storage facility will be defueled as soon as possible, Secretary of Defense Lloyd Austin said …
Read More »Bob Baffert sues Churchill Downs over 2
Bob Baffert has sued Churchill Downs and track leadership in federal court, seeking to overturn the embattled Hall of Fame trainer’s two-year suspension on grounds it violated his due process rights. The suit filed Tuesday in U.S. District Court names Churchill Downs Inc., CEO William C. Carstanjen and board chair …
Read More »High inflation is hurting your 401(k), too. Here’s what to do about it.
Inflation does not discriminate. Just like it’s squeezing everybody’s wallet, it’s hitting almost every investment in a retirement account. Stocks have been shaky this year, with the S&P 500 at one point dropping more than 10% from its record, mostly because of inflation worries. Bond prices have also tumbled. Before …
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