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…
Cities: Nordstrom Closing it’s downtown San Francisco stores
The closures of two Nordstrom locations in Downtown San Francisco end the company’s 35-year presence in the city. Source: Nordstrom Closing Downtown SF Stores, Citing Difficult Conditions The city has…
Business of health care: 1/3d of United Health’s health insurance is managing Medicare and Medicaid clients
Medicare and Medicaid memberships make up a third of the company’s health insurance business. It added 655,000 Medicare Advantage members and 570,000 Medicaid members in the quarter. Source: UnitedHealth expects…
Energy: “California utility companies propose charging customers based on how much money they make”
Three major utility companies in California are looking to restructure customer billing, and part of that means customers could be charged based on how much money they make. Source: California…
Automation, Demographics: Generative AI Could Raise Global GDP by 7%, productivity by 15%, and affect 2 in 3 jobs
Goldman-Sachs predicts significant economic and job impacts from generative AI technology over next ten years: Generative AI Could Raise Global GDP by 7% Over the next ten years, 2 in…