Economy: American’s spend half their food budgets eating out – crazy
Insane: Food services made up less than a quarter of consumer food expenditures in the 1950s; they passed 46% for the first time in October and seem destined to become…
Business: “The maker of Instant Pot has filed for bankruptcy”
We use an Instant Pot probably at least every other day : The maker of Instant Pot has filed for bankruptcy – CBS News The company was bought up in…
Business, Demographics: Economists advocate more immigration to halt wage growth
“More immigration would help meet today’s excess demand for labor, which over time would limit wage and price growth,” wrote Gordon Hanson, an urban policy professor at Harvard and Matthew…
Business: Employers are manipulating Glassdoor revies
Layoffs push down scores on Glassdoor: this is how companies respond (pragmaticengineer.com) Glassdoor is a website where employees (current and former) rate their employer. Employers have figured out how to…
Business, Corruption: Why you should not click on online ads? – ‘The Ugly truth Behind “We Buy Ugly Houses”’
The employee, who asked not to be named because they still work in the industry, also recalled the agency’s owner bragging about the ability of its digital advertising to find…
Business: Microsoft says remote work options should remain available
We must fight back against end of home working, says Microsoft executive (yahoo.com) Workers must “actively fight back” against efforts by companies to force them back to the office after…
Privacy : Meta/Facebook insists “All your data is belong to us”
The tech giant was handed the biggest-ever fine for privacy violations in the European Union after being previously warned not to transfer the data of Facebook users in Europe to…
Automation: “Digital dining” take out orders ending fast food dining rooms?
McDonald’s and other fast food and fast casual giants are betting on the “digital kitchen” — sleek, compact stores that harness automation and digitalization to have diners ordering through mobile…
Tech: Fascinating look at tech salaries across many companies
This analysis looks at tech company median pay scales – which vary widely. Really widely, in part, because some companies mostly employ workers abroad in lower cost countries like India…
Government: High income earners fled high tax states during Covid restrictions
New York and California lost over $90 billion in income during Covid, according to new IRS data. It accelerated the trend of high-earners relocating to lower-tax states like Florida and…