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329madlyjollydig
2 days ago
America's newest college graduates were sold the college premium. Four in 10 of them are working jobs that never needed the diploma.
About 42% of recent college graduates, ages 22 to 27, were underemployed in June, working jobs that typically don't require a bachelor's degree, according to the Federal Reserve Bank of New York's tracker of the labor market for recent college graduates. That's up from 41.8% in May but down from 42.4% in November 2025 and below the pandemic-era high of 43.4% in October 2020.
Unemployment is the other half of the problem. Recent grads' jobless rate hit 5.7% in June, well above the 4.1% rate for all workers. That's a reversal. From 1990, when the Fed's data begins, through 2018, recent grads were more likely to be unemployed than the average worker in just eight months. They have been more likely every month since January 2021. The gap hit a record 1.8 percentage points in April 2025 and is still near it.
Some degrees fare much worse than others. Using 2024 Census data, the Fed's breakdown by college major found criminal justice had the most underemployment, at 65.8%, followed by performing arts at 63.9% and fine arts at 58.9%.
On unemployment, computer engineering was second-worst of any major at 7.8%, and computer science fourth at 7%. Education majors fared best: special education had a 0.7% jobless rate and elementary education 1.2%. Nursing was 2.1%.

#recent #Education #june #grads
grumpycqj
20 days ago
(Bloomberg) -- Chipotle Mexican Grill Inc. (CMG) shares jumped after the Financial Times reported that Starbucks Corp. has worked with advisers in recent months on a takeover proposal for the burrito chain.
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Dalio Says We're Nearing Point Where AI Bubble May Burst

#missed
evq4bz8bjhzmhusd
20 days ago
Jen Hamilton discussed her estranged husband, Brian Hamilton, on Kylie Kelce's podcast
The registered nurse and influencer noted that she discovered alleged infidelity after 13 years of marriage
She said support from her parents and coworkers helped her embrace a new chapter
Jen Hamilton is a new woman.
The registered nurse and influencer opened up about her split from her estranged husband, Brian Hamilton, after 13 years of marriage.

#registered
codez
20 days ago
For a subset of young workers, the name of the game is to squirrel away enough savings and investments so retirement can come early, substituting strategic personal finance for a lifetime of labor. (FIRE!)
It turns out that the post-pandemic boom and explosion of stock prices has already gifted many older Americans with a version of that lifestyle, according to Bank of America — and it's affecting the economy.
Labor force participation — which measures the share of people employed or seeking work among the total population — never recovered after the shock of the pandemic.
According to BofA's economics team, led by Aditya Bhave, the biggest driver behind the decline in overall labor force participation has been workers over age 55 leaving the workforce.
"This debunks a popular bearish narrative on the labor market: 'the u-rate would have been higher if participation hadn't fallen,'" Bhave wrote.

#according #workers #FIRE #americans
R5lDRPe2pH7GJB
20 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
For workers wondering how far artificial intelligence could go, JPMorgan Chase CEO Jamie Dimon has a straightforward answer — AI is going to change the job market, whether people are ready for it or not. Some jobs will disappear, others will change and new ones will likely emerge. But Dimon warned that the speed of that transition could matter just as much as the technology itself.
"As a business person, my view is don't put your head in the sand," Dimon said at the World Economic Forum's annual meeting in Davos, Switzerland, in January. "It is what it is. We're going to deploy it. Will it eliminate jobs? Yes. Will it change jobs? Yes. Will it add some jobs? Probably."
Don't Miss:
Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can earn passive income with just $100.

#earn #benzinga #chase
Hnn9Nx
21 days ago
Social Security acts as a financial safety net for many retirees, but it's not enough for most. These government checks were never designed to cover all living expenses. Social Security is a supplemental income source that can keep up with expenses if you combine it with savings.
That's why many people are encouraged to save up before retirement, and the math proves it. Your life in retirement will be very different if you just live on Social Security compared to having $500,000 in savings alongside your government checks. Let's break it all down below.
The average monthly Social Security benefit for retired workers as of mid-2026 was $2,085.98, according to the Social Security Administration (SSA). At that rate, you will not pay any taxes on Social Security, ******* uming you do not have any other income sources. You won't even have to worry about state income taxes.
However, that's where the advantages end if you rely exclusively on Social Security. Per Apartment List data, the national median rent was $1,390 in August. That median rent leaves you with less than $700 for groceries, transportation, healthcare, utilities, insurance, debt and miscellaneous purchases.
For most people, the average Social Security is not enough. High-earners can max out their benefits at $5,181 per month if they earned a high salary for most or all of their 35 highest-earning years and wait until 70 to tap into Social Security, per the SSA. That monthly amount offers more room for financial flexibility, but the average is insufficient for most people unless their spouse earns a similar check or they live very frugally.

#income #financial
h7pq14jnmdttza94
21 days ago
By Olena Harmash and Vladyslav Smilianets
KYIV, Oct 7 (Reuters) - Russia pounded Ukraine with waves of missiles and drones on Wednesday, killing at least 15 people and hitting residential buildings, industrial facilities and infrastructure, Ukrainian officials said.
One Russian missile slammed into an apartment block in the northern ‌city of Pryluky, killing at least nine people including three children, regional governor Vyacheslav Chaus said.
Dozens of rescuers picked through the rubble at the ‌site where several sections of the five-story building collapsed, Reuters video showed.
Emergency workers used ladders to get to the upper floors of what remained of the building. Around 40 people were wounded, the governor said.

#people #reuters #least #olena
coo_madly0885
21 days ago
The Trump administration is struggling to get clear answers about the death of a Russian laboratory worker at an institute dedicated to studying the plague and has formally escalated its request for information from the country, amid days of stonewalling from Russian officials about the mysterious circumstances surrounding the episode.
The death of the technician at the Irkutsk Research Anti-Plague Institute of Siberia immediately raised alarms throughout the administration, prompting a race to compile intel and plot for a potential public health response, according to multiple sources familiar with the matter.
But Russia’s reluctance to share information about the incident has complicated those efforts, leaving officials uncertain what broader risks it could pose — and how exactly to defend the US against them.
The US escalated its request for information, issuing a formal diplomatic communication, called a démarche, a source familiar told CNN late Tuesday.
“We have officially requested additional information from the Russian government,” a State Department spokesperson said. “We are also in official communication with other countries around the world to share information.”

#information #russian #request #officials
5s_3dkijs
22 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Amazon founder Jeff Bezos once challenged Rep. Alexandria Ocasio-Cortez's (D-N.Y.) argument that billionaires cannot legitimately earn their fortunes.
During a May 2026 interview with CNBC's Andrew Ross Sorkin at Blue Origin's rocket factory in Florida, Bezos responded to Ocasio-Cortez's statement that no one can earn $1 billion without exploiting workers, abusing market power or breaking rules.
The Amazon executive chairman rejected the premise, illustrating his argument with a hypothetical burger restaurant that starts with 10 employees and gradually expands to 1,000 locations as customers embrace its products.
Don't Miss:

#alexandria
imARMWNIq950
22 days ago
You might wonder where your monthly Social Security check stands compared to everyone else's. The average monthly benefit for retired workers is $2,071.30 as of December 2025, according to the Social Security Administration (SSA). That amounts to about $24,855.60 per year, but this single figure covers a massive range of ages and circumstances.
Age
Overall
Men
Women

#Social #december #administration #women
2mostly
22 days ago
After reports that a lab technician's death was possibly linked to pneumonic plague in Russia, U.S. officials said they are closely watching the situation.
The lab technician is a 28-year-old woman who worked at the Irkutsk Antiplague Research Institute of Siberia and the Far East, which was set up in the 1930s as an anti-plague body and later expanded its scope to other highly dangerous diseases. The woman died after being diagnosed with pneumonia of "unknown" origin, according to the public health agency, Rospotrebnadzor.
Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
Secretary of State Marco Rubio told reporters on Monday morning that Russian officials had shared some information about an infected lab worker and their concerns that other Russians could be affected.
"There's very limited travel between the U.S. and Russia, obviously, but … if something like that gets out, it could quickly spread," said Rubio, who added that he didn't think it was cause for alarm. "We're watching and monitoring it closely."

#post #closely #irkutsk
delta
22 days ago
MOSCOW, Oct 6 (Reuters) - Russia's health watchdog said on Tuesday that no cases of plague had been detected among people who had come ‌into contact with a Siberian plague institute laboratory worker who died ‌last week.
Authorities say the 28-year-old woman died on Friday from pneumonia of an as-yet unestablished origin, in a case that has prompted international concern, including from US President Donald Trump.
Rospotrebnadzor, the watchdog, said in a statement that no infectious diseases had been reported among the staff of the same plague research institute in Irkutsk over the past 10 ‌days and that extensive testing ⁠had found no microorganisms in the deceased woman's body linked to her work.
Elena Sofina, deputy head of the Shelekhov district near Irkutsk, ⁠where a local hospital was placed under quarantine, said that what she called "a dangerous diagnosis" had not been confirmed.
She added that 60% of those placed under quarantine as a precaution had already been released. Local media said around 200 people had previously ‌been quarantined.

#local #people #died
blink94013
22 days ago
McKenna Woods (ken_hairstylist), a hairstylist from Iowa, told TikTok about her allegedly disruptive client. Throughout his hair appointment, Woods said he had been making inappropriate comments and then using his supposed autism as an excuse.
Woods responded to a viral clip of her client, Chris, which accused her of being rude and mean. He also told others not to seek her services. Woods replied on TikTok, "I think this guy came in here thinking he's high and mighty because he's this upcoming rapper, a content creator."
Woods claimed she made small talk with her client, asking him how many followers he had on social media. She clarified that her issue wasn't his follower count but his alleged behavior in the salon. The hairstylist continued, "My problem is the way he acted in here, while my coworker had a client in here who is nine years old."
In a clip stitched to her TikTok, the nine-year-old can be overheard addressing Woods' client, saying, "Do you realize she has a boyfriend?" The client replied, "I'm not doing that. I'm just being autistic."
"And he's rapping. He's being very disruptive, being very disrespectful, making these comments about how he's autistic," Woods added. She alleged he was using his supposed condition to justify his behavior. In addition to comments about his mental health, Woods said he also made an inappropriate remark to her.

#woods #here #making
goJiBQdig
22 days ago
(Bloomberg) -- President Donald Trump said the US was looking into a suspected plague case in Russia following the death of a worker at a laboratory and would offer authorities there ******* istance.
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#Russia
mucowe_du_h
24 days ago
Nestled between two mountain ranges at the crook of central California's coastline sits a valley known as the "salad bowl of the world".
Farm workers stoop over neatly lined rows of crops off Highway 101 to harvest more than half of the nation's supply of lettuce and nearly a third of its strawberries. The soil here is so rich that author John Steinbeck made the Salinas valley the promised land in his literary depictions of people chasing the American dream: immigrants, farm workers, westward-moving hopefuls, hungering for a better life.
It's a story that continues to capture the American imagination: Netflix has adapted Steinbeck's 1952 blockbuster novel, East of Eden, into a limited series starring Florence Pugh, released 1 October.
"This will be a valley of great richness one day," Steinbeck wrote of the farmland in East of Eden. "And happy people will live here, thousands and thousands."
But Steinbeck also understood just how difficult it can be to achieve that elusive American dream. Even after some his characters found their way to Salinas and other parts of California's agricultural valley, many remained stuck in low-paying jobs, making barely enough to scrape by, let alone own their own land.

#american #workers
s8owly
25 days ago
WASHINGTON (AP) — Sipping tea from beer mugs with his coworkers, Kyle Bos listed the ways his life is changing.
Bos has two daughters, with a third due in January. At the grocery store, five items cost as much as a full cart once did. And on Wednesday, Bos and nearly 1,400 other people were laid off from their jobs at what had been the Navistar truck factory in southwestern Ohio.
The layoffs — occurring just three days before Donald Trump's rally on Saturday at a nearby high school — were large enough to basically erase an entire year of job growth in the greater Dayton, Ohio area. And they are one reason why Bos, 30, plans to spend the final weeks before the November election canvassing votes for Democrats.
Asked how many times he voted for Trump, Bos held up three tattooed fingers. But he said he's done with the president.
"Something has to change politically in this country," said Bos, a member of the United Auto Workers who identifies as a centrist.

#kyle #wednesday
Husxm4wxKmUiE2gY
25 days ago
Think a high salary is a ticket out of living paycheck to paycheck? Think again.
Roughly 4 in 10 workers earning above $300,000 say they're doing just that, according to Goldman Sachs **** et Management's 2026 retirement report.
"One of the more remarkable findings is whether or not financial security improves linearly with income," Chris Ceder, a senior retirement strategist at Goldman Sachs **** et Management, told Yahoo Finance.
You'd think financial security would improve as someone makes more money, with income tracking in a straight path with each extra dollar of earnings.
"It does for a while, but it's a U-shape pattern," Ceder said.

#think #asset #Retirement #security
zbybhmdku
26 days ago
With the amount of information available on the internet, it can sometimes be difficult to keep up. Nya (nyaajadee) faced a similar problem when she helped her boyfriend purchase a thrifted shirt for work and later learned that the brand that made the shirt, Sean John, was owned by none other than rapper Sean "Diddy" Combs.
For those wondering why Combs' ****** ociation with the brand is controversial, he is currently incarcerated at the Fort Dix Federal Correctional Institution. He is serving a 50-month prison sentence following a criminal conviction in October 2025 for transporting individuals across state lines for prostitution.
So how did Nya learn about the shirt's controversial nature? In a TikTok video, she said that when her boyfriend wore it to the restaurant bar where he works, his colleagues started to laugh at him. "They were like, ****** , dude, a Sean John shirt? Like, you're kind of crazy," Nya said, recounting what his co-workers told him. Nya also shared that her boyfriend repeatedly asked them questions, as he was unaware of what was happening before finally realizing that Sean John was Diddy's clothing brand.
Nya said that after some back and forth, her boyfriend eventually realized that Sean John was Diddy's clothing brand. "We didn't know it was f****** Diddy. I didn't. I knew Diddy. I thought Diddy had pants. Just pants. I knew Diddy had pants. I didn't know he had shirts, too. But also, I didn't know that his clothing company was called Sean John," Nya said. She added, "So I helped my boyfriend pick out a Diddy shirt. What did Sean John do? What did Sean John not do?"
Turns out some people in the comments were as unaware as Nya about Diddy's clothing brand, despite knowing about his criminal conduct. One person wrote, "I didn't even know he made clothes." Another individual reacted similarly and said, "I guess I'm one millennial that was left out the loop lol because I didn't actually know his name other then his stage name, also did not know he had a clothing line."

#didn 't #clothing
nova76128
26 days ago
Bill Burr is pitching a different use for artificial intelligence: point it at the top of the org chart.
The comedian made the case during a sit-down with Rolling Stone, pointing out that it makes way more sense to create AI CEOs instead of AI workers, considering the fact that companies will save way more.
"All this AI is to replace working people. It's like, why don't you make an AI CEO that's empathetic, that cares about the middle class and the future of the planet?" the comedian asked.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
"They're making way more. You take that guy's salary versus all the work. You're going to save way more money replacing one guy," Burr continued. "Why don't you do that? Because it's not for us, it's for them."

#bill
keRNeL
26 days ago
OpenAI has fired three researchers for allegedly mishandling information, including work that involved an external organisation that ****** yses artificial intelligence (AI) models.
"Our investigation confirmed that these individuals mishandled sensitive information outside established company procedures, violating our policies and breaking the trust essential to our work," a spokesperson told the BBC.
The ChatGPT-maker did not name the sacked workers, but at least two of them were involved in safety research at the firm.
The firings come as the debate over AI safety and the risks the technology may pose to humanity has intensified in recent weeks.
"We have parted ways with three individuals for violating our policies on accessing and handling sensitive company information," OpenAI's spokesperson said.

#involved #individuals
xs1vsasm459p9l1
26 days ago
Craft stores are generally reserved for browsing yarn aisles on quiet Sunday afternoons and overspending on seasonal holiday decor. But every so often, retail chaos infiltrates their quiet corners in the face of a shoplifter or a drunkard. Or maybe, both.
In a TikTok storytime, creator Madi Max (soft.cuddlebunny) looked back on her days working retail at Joann Fabrics. She specifically recounted an incident of an intoxicated shoplifter trying to play Romeo and criminal mastermind at the same time. The result? The local craft hub turned into an accidental slapstick comedy routine.
The hilarious routine started as an unhinged flirtation attempt. But it ended with dozens of stolen markers across the linoleum floor and the furious perp screaming from the back of a police cruiser.
According to Max, the incident kicked off when a man stumbled through the automatic sliding doors carrying an open, uncovered liquor bottle. He was allegedly actively taking swigs as he roamed the aisles. But rather than laying low, he allegedly zeroed in on Max's coworker.
The man was reportedly nursing an unprompted, aggressive crush and loudly peppering the coworker with wildly inappropriate remarks. At one point, he allegedly started pointing at rolls of material, declaring that she would look stunning in lingerie made out of the textiles.

#craft #shoplifter
zwptu3waqhes30
26 days ago
Jelly Roll and Bunnie XO are putting one of their Nashville-area homes up for sale after finalizing their divorce. The Franklin, Tennessee, estate now carries a price of just under $7 million. The former couple listed the property after reaching a settlement over their ******* ets.
Real estate sources told TMZ that the couple listed the home on Wednesday. The estate was custom-built and features over 10 acres and over 7,000 square feet of living area. The property has five bedrooms and seven bathrooms. It also offers views of the Tennessee countryside.
The home includes a chef's kitchen and a media den that looks over a glass-walled automotive showroom. On the outside, the estate has a covered porch and an outdoor kitchen. It also has outdoor dining and living ******* es. The outdoor ******* e is completed by a resort-style pool.
The listing is held by Erik Levin of Benchmark Realty and Greg Sanford of Greg Sanford Real Estate. The sale comes after Jelly Roll and Bunnie finalized their divorce in July. Court documents obtained by TMZ show that the former couple reached a settlement covering their aircraft, cars, homes, and intellectual property. Jelly Roll also agreed to give Bunnie a one-time lump-sum payment.
It was previously reported that movers appeared at the property in June. Exclusive photos showed a large moving truck outside while workers appeared to remove items from the home. Jelly Roll filed for divorce in May, and sources with direct knowledge said the split came from a mutual decision handled privately. Jelly Roll and Bunnie married in August 2016 after meeting the year before.

#bunnie #property #tennessee
coo_madly0885
27 days ago
What theory did Bank of America economists propose about older workers' retirement?
What percentage of early retirees cited financial reasons in the Allianz study?
How many women have been executed in the U.S. in the last 50 years?
Full Summary
Older Americans make up an ever-larger share of the workforce, a trend that dates to the 1990s.

#americans
coo_madly0885
28 days ago
Airport security employees checking boarding passes and IDs will no longer be allowed to sit down while working, the Transportation Security Administration confirmed Tuesday.
All chairs are being removed from the travel document checker podiums at the entrance to checkpoints nationwide, the union representing the screeners said. The American Federation of Government Employees TSA Council 100 said it found out about the decision from its members and called it a “disregard for workers rights and safety.”
TSA defended the move, saying the document checkers are the first to interact with the traveling public and requiring them to stand will create a better experience for passengers.
“This welcome change reinforces both our security posture and our commitment to hospitality by having these officers on their feet and alert,” the agency said in a statement. “All officers must meet fitness for duty requirements to be capable of performing their vital national security function while simultaneously creating a welcoming and professional environment for travelers.”
The move comes nearly two months after TSA Administrator David ******* mins was confirmed to lead the agency.

#security #confirmed #document
806hewcg
1 month ago
Claiming Social Security at 62 gives you three extra years of payments, but each monthly check is permanently smaller than it would be if you had waited until 65. Delaying benefits means giving up that early income in exchange for a larger monthly payment later. The break-even point shows when those larger checks catch up to the benefits collected by claiming early. Comparing that crossover age with your income needs, life expectancy and other retirement resources can help put the tradeoff in context.
A financial advisor can review a range of retirement strategies with you, including your optimum retirement age.
Social Security benefits can generally begin at age 62. However, starting before full retirement age (FRA) permanently reduces the monthly amount you receive. FRA depends on your birth year and ranges from 66 to 67 for workers approaching retirement today. For anyone born in 1960 or later, FRA is 67.
The Social Security Administration calculates early-claiming reductions based on how many months before FRA you begin collecting benefits. For the first 36 months before FRA, the benefit is generally reduced by 5/9 of 1% for each month. If you claim more than 36 months early, the reduction for those additional months is generally 5/12 of 1% per month.1
For a worker with an FRA of 67, claiming at 62 generally results in a 30% reduction. This means the worker receives about 70% of the benefit they would have received at FRA. Someone entitled to $2,500 per month at 67, for example, would receive approximately $1,750 per month by claiming at 62.

#Retirement
l7hq2juz3n
1 month ago
Choosing between claiming Social Security at 62 or waiting until 70 can create a wide gap in your monthly income. Starting early gives you more years of payments, while delaying may increase the amount of each check. The tradeoff comes down to how long you expect to collect benefits and how much income you need along the way. Comparing the break-even point can help show when waiting may produce more ****** ulative benefits.
A financial advisor can help you plan for retirement at any age.
The size of your monthly retirement check largely depends on the age at which you start collecting. Your earnings history establishes the foundation for your payment, but when you claim affects the portion you receive each month.
Age 62 is generally the earliest you can begin collecting Social Security retirement benefits. Claiming that early comes with a permanent reduction in your monthly payment. Social Security calculates the reduction based on how many months before your full retirement age (FRA) you begin receiving benefits.
For people born in 1960 or later, FRA is 67. In that case, claiming at 62 means starting benefits 60 months early. This generally reduces a worker's retirement benefit by 30% compared with the amount available at FRA. For example, someone entitled to $2,000 per month at FRA would receive approximately $1,400 at 62, before considering other adjustments.1

#monthly #early #starting #income
dxrate
1 month ago
Without a signed, prospective contract, Medicaid treats family caregiver payments as gifts, exposing $60,000 in payments to a six-month nursing home ineligibility penalty.
A defensible care agreement must be signed before services begin, specify duties and market-rate pay, and be backed by time sheets and traceable payments.
At 20 documented hours per week, $2,500 monthly works out to roughly $29 per hour, defensible against the 2025 national median caregiver rate of $35.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
Picture a widow in her 80s who pays her adult daughter $2,500 a month for two years to handle bathing, meals, medications, driving to appointments, and overnight supervision. The care is real. The daughter cuts back her own job to provide it. One year later, mom breaks a hip, lands in a nursing home, and applies for institutional Medicaid. The caseworker pulls five years of bank statements, spots $60,000 in recurring payments to the daughter, and finds no signed agreement, no time sheets, no invoices. In that state, the agency treats every dollar as an uncompensated transfer, effectively a gift.

#signed #daughter
wildy
1 month ago
George Kamel argues paying $115,000 into Social Security over a career costs workers roughly $2 million in foregone investment returns at a 10% return.
The 2026 Trustees Report moved Social Security's projected depletion date to 2032, forecasting a 22% benefit cut averaging $500 per month for retirees.
Kamel's comparison ignores that Social Security includes inflation adjustments, disability coverage, and lifetime income that a brokerage account cannot replicate.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Personal finance personality George Kamel recently ran the numbers on Social Security and reached a conclusion designed to grab attention: "all those years of paying into Social Security cost you about $2 million". If you are at or near retirement, that framing is either clarifying or terrifying. The stakes are real. Millions of households will lean on this program for most of their retirement income, and the 2026 Trustees Reports have changed the timeline everyone is working with.

#Social #trustees #million
jyltmj
1 month ago
Amazon (AMZN) has spent the bulk of 2026 giving investors tons to debate, from its growing cloud business to the enormous bill for its AI ambitions. Now, it's putting another spending decision in the spotlight, one that goes directly into workers' household budgets.
Amazon has announced more than $1.5 billion in higher pay for U.S. operations employees, alongside benefits aimed at everyday expenses.
For workers, the appeal is the obvious, immediate financial breathing room.
For Amazon, the calculation goes further. Keeping experienced employees helps the business built around getting orders to doorsteps a lot quickly. The details point to how Amazon is trying to make those interests meet, even as its broader efficiency push leaves questions about job security.
For perspective, Amazon's pay ******* p adds $2,080 to an eligible worker's annual earnings before taxes, ******* uming 40 paid hours weekly for 52 weeks.

#amazon #goes #employees #amzn
nijwr
1 month ago
Hub Group, Inc. (NASDAQ:HUBG) disclosed on September 14 that preliminary, unaudited first-half 2026 revenue was expected to reach $1.7 billion to $1.8 billion, near management's expectations. Yet management anticipated an operating loss before one-time charges. This non-GAAP presentation excludes those charges, but neither the loss nor the exclusions were quantified.
Hub Group, Inc. (NASDAQ:HUBG) identified higher fuel, rail, and drayage costs, excess warehouse capacity, and accounting-review and restatement expenses. The central issue is whether pricing and efficiency improvements can restore profitability on the revenue already moving through the business.
Hub Group, Inc. (NASDAQ:HUBG) began implementing rate increases in the third quarter, after transportation costs had pressured first-half results. Relatively stable intermodal volume trends suggest an existing customer base on which better pricing could improve margins. If increases hold without significant volume losses, revenue could become more profitable without requiring a broad freight recovery.
Hub Group, Inc. (NASDAQ:HUBG) also launched additional efficiency initiatives in the second quarter, including warehouse consolidation and improvements in driver and warehouse-worker productivity. These actions address specific weaknesses: underused ***** e spreads fixed costs across fewer orders, while low productivity raises the cost of each shipment or handling task. Better utilization could reinforce the benefit of higher rates.
Hub Group, Inc. (NASDAQ:HUBG) is also targeting order-to-cash processes, which cover the steps from taking orders through billing and collection. Improvements could reduce administrative friction and accelerate cash collection. That would support liquidity while operational changes take effect, although faster collections alone would not repair an operating loss.

#improvements #better

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