Goldman Sachs is considering another round of job cuts amid a muted deal making environment that has dented revenues across Wall Street. The investment bank is working on what would be its third round of job cuts in under a year, according to people with knowledge of the plans. The firm eliminated several hundred jobs … [Read more…]
Renters in some areas are now being forced to spend an extra $32,500 a year to keep a roof over their heads, as the cost of living crisis worsens. Strong demand for housing and a limited supply of homes have caused a soar in the price of rentals, with some charging tenants an extra $600 … [Read more…]
A third young boy has come forward to police over the huge inferno in inner Sydney which destroyed two buildings. Sydney was thrown into chaos on Thursday when a massive fire a razed seven-story building in Surry Hills just before evening peak hour. It took more than 12 firefighters and 30 fire trucks to contain … [Read more…]
A third young boy has come forward to police over the huge inferno in inner Sydney which destroyed two buildings. Sydney was thrown into chaos on Thursday when a massive fire a razed seven-story building in Surry Hills just before evening peak hour. It took more than 12 firefighters and 30 fire trucks to contain … [Read more…]
Australians are buying big at cafes and on takeaway food despite the cost of living pressures that have kept retail spending down. The Australian Bureau of Statistics on Friday revealed spending on food was up 13 per cent year on year, despite a modest drop off in the last month. The $12.4 million fall in … [Read more…]
2023 may go down in the history books as the year America lost faith in its banks. Over the course of a few weeks in the spring of 2023, multiple high-profile regional banks suddenly collapsed: Silicon Valley Bank (SVB), Signature Bank, and First Republic Bank. These banks weren’t limited to one geographic area, and there … [Read more…]
Australia’s top cop has claimed young workers need to be praised “three times a week” by their supervisors, and that they find happy face emojis “offensive”. Addressing senate estimates on Thursday, AFP Commissioner Reece Kershaw said there was a huge divide in how each generation needed to be managed at work. He told the Legal … [Read more…]
Crypto lender has reached a deal to be managed by a group of investors led by TechCrunch founder Michael Arrington May 25, 2023 8:03 am ET | WSJ Pro Celsius Network, the bankrupt cryptocurrency lender, has reached an agreement to be managed by Fahrenheit LLC, a group of investors led by TechCrunch founder Michael Arrington. … [Read more…]
The government has stopped short of guaranteeing no job losses as part of the Australia Post modernisation process, rather maintaining it is committed to the viability of the crucial service. As the corporation prepares to hand down its first yearly financial loss since 2015, chief executive Paul Graham fronted senate estimates on Thursday. The government … [Read more…]
A $10.2 billion state school fund for the next two years — up from the $9.9 billion originally proposed by Gov. Tina Kotek and legislative budget writers — is likely to emerge soon for a vote of the full Oregon House. The proposed increase was made possible by the state’s latest economic and revenue forecast, released May … [Read more…]