The average UK house price increased by 8.5% to a record £252,000 in December – the highest annual growth rate for more than than six years. The hike, up from 7.1% in November, represents the largest yearly rise since October 2014, according to the Office for National Statistics (ONS). With buyers hunting for bigger properties during the coronavirus pandemic, which […]
Read moreThe German fashion and textile industry is in crisis. Even before the coronavirus pandemic, many companies had problems. Now they are demanding help from the state. The Augsburg textile manufacturer Manomama, on the other hand, is getting through the Corona crisis without state aid and short-time work. Boss Sina Trinkwalder believes the system of the conventional fashion industry is the […]
Read moreFor Salesforce, 9-to-5 workday is dead as the aftermath of coronavirus pandemic. The cloud computing company is providing its employees various working options now, including work-from-anywhere permanently. In a blog post, the company announced new guidelines, calling “Work From Anywhere”, giving employees flexibility in how, when, and where they work. This includes three workplace categories, such as flex, fully remote, […]
Read moreTo quarantine or not to quarantine — that is the question. Or at least it has been for countries deliberating how to handle incoming international travelers. But that changed last month when Sri Lanka reopened its borders with a requirement unlike any country that had opened before it — one that neither grants travelers free rein of the island nor […]
Read moreHome Depot co-founders on mental health network created for veterans Home Depot co-founders Bernie Marcus and Arthur Blank explain what prompted them to each commit $20 million to open 23 new mental health centers across the country for veterans suffering from Post Traumatic Stress Disorder. The founders of Home Depot are each making a huge investment to help veterans and […]
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JetBlue's president and COO says the airline wants to lower its cheapest fares. Travelers on JetBlue's no-frills basic economy tickets will be prohibited from using overhead bins. Airline executives have repeatedly said they offer no-frills fares they hope travelers will avoid in favor of standard economy. JetBlue Airways is getting rid of ticket-change fees for most of its tickets, but […]
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This group of young consumers — born between 1996 and 2010 — accounts for 17% of China's population but 25% of total expenditure on new brands, according to L Catterton's latest consumer insights report on China. Unlike previous generations, China's Gen Z cohort is notably more globally minded and enthusiastic about "Made in China" products, said Charlotte Chang, vice president of […]
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FILE PHOTO: Detroit Pistons’ Chris Webber dives for a loose ball during play against the Cleveland Cavaliers in Game 4 of the NBA’s Eastern Conference basketball series in Cleveland, Ohio, May 29, 2007. REUTERS/Aaron Josefczyk (Reuters) – Former NBA star Chris Webber on Tuesday launched a $100 million private equity cannabis fund with New York-based JW Asset Management, aimed at […]
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Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. Pentagon Federal Credit Union (federally insured by the NCUA) pays competitive interest rates. You can bank online or in person […]
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