The geezers are coming! The geezers are coming! Demographic doomsayers warn slowing birth rates and graying populations will wreak economic havoc and torpedo stocks. Yet the dire scenarios of zombie-like boomer hoards leeching off their working progeny have it backwards: Aging populations are always, everywhere signs of progress — not threats to it. Yes –…
As the director of online sales for the builder CC Homes, Lorraine Sanchez encourages prospective buyers to go see the company’s houses in Ave Maria, a town in southwest Florida. Since last year, she has had a new marketing tool: Ave Maria is “certified” as a blue zone, a place geared to helping people live…
In his 40-year career, William Lucas has seen nearly every step in the erosion of the American garment industry. As general manager of Eagle Sportswear, a company in Middlesex, N.C., that cuts, sews and assembles apparel, he hopes to keep what’s left of that industry intact. Mr. Lucas, 59, has invested hundreds of thousands of…
Struggling online retailer Wayfair on Friday said it will slash around 1,650 employees — or 13% of its global workforce of roughly 14,000 — just weeks after its billionaire CEO caused a stir by saying workers should log longer hours. Niraj Shah, the boss of the Boston-based furniture-selling e-commerce site, said the company needed to…
Jeff Bezos made a splashy, $100 million pledge to help rebuild Maui after it was devastated by wildfires in August — but local officials and nonprofits alike are reportedly puzzled about where the funds may have gone. According to a Bloomberg report published Thursday, Bezos and his fiancée, Lauren Sanchez, have given out just $15.5 million of…
Sales of previously occupied US homes sank in 2023 to a nearly 30-year low as mortgage rates climbed to the highest level in more than two decades and prices hit record highs, pushing homeownership out of reach for many Americans. The National Association of Realtors said Friday that existing US home sales totaled 4.09 million…
A new year can be full of fresh resolutions and prosperous opportunities – but how does 2024 fare if you’re looking for a new job? Three career experts and coaches spoke to FOX News Digital explaining how to navigate a market that’s “fierce” with competition, looming with layoffs and pending impact from the Federal Reserve rate…
Unionized Los Angeles Times staffers are launching a one-day strike Friday — the first walkout in the newspaper’s 142-year history — in response to imminent “significant” layoffs. The Los Angeles Times Guild, which represents roughly 400 editorial employees, called for the walkout after management announced cuts Thursday that could whack as much as 20% of…
Ford Motor said Friday it would reduce production of its F-150 Lightning pickup truck, as demand for electric vehicles softens. The No. 2 US automaker said it would cut production at its Michigan Rouge Electric Vehicle Center to one shift starting April 1. In October, the automaker said it would temporarily cut one of three shifts…
Artificial intelligence experts are raising alarms after Mark Zuckerberg said Meta plans to make advanced AI tools “widely available” to the public — despite warnings they could eventually pose a threat to humanity. In a video posted to his Facebook account, Zuckerberg said the development and widespread release of artificial “general intelligence” — typically meaning…
End of content
End of content