Help My Career: Goodbye, quiet quitting. Workers want to take on more responsibility — and need greater engagement from their boss in 2023.

Quiet quitting became a catchphrase in 2022, if not necessarily a trend. But some workers say that the real issue is that their employers have not allowed them to engage. Workers are hoping for more and better communication from their managers and employers this year, a report released this week finds. The research was conducted in late 2022 for Offsyte,

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MarketWatch First Take: The PC boom and bust is already ‘one for the record books,’ and it isn’t over

The end of the biggest boom the personal-computer industry has ever seen is ugly, and its isn’t over. The holiday season saw what is believed to be the biggest year-over-year decline in PC shipments in history, according to reports from two market-research firms that cover the industry, after they dove harder than the record-level decline the quarter before. IDC recorded

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Living With Climate Change: Adding protein to diets via fermentation is one solution to egg shortages and climate change

There’s a method that creates dietary protein without using animals. Or even plants. Food technology pioneer The EVERY Company is creating egg whites, supplemental protein powders and more, leaning on precision fermentation to “brew” the same benefits of protein to cook with or add to drinks, without the climate impacts associated with animal agriculture. And now, EVERY has some star

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: Optimism is returning to China’s economy. Can it last?

Investor sentiment in China is on a major upswing, with markets experiencing a double-digit bull run since officials announced the end of harsh COVID-containment measures in November. But observers are already asking: How sustainable is the rebound? A number of positive moves have put wind into the sails of mainland Chinese and Hong Kong stock indexes, which have been awaiting

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: The way Medicare will negotiate down prescription drug prices takes shape 

The Biden administration on Wednesday released a blueprint for implementing the Medicare drug price negotiation process set in motion by last year’s Inflation Reduction Act.  The process will get rolling in the coming months as the Centers for Medicare and Medicaid Services issues guidance on the initial round of negotiations and invites public input on key issues, such as the

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Living With Climate Change: Biden does not support banning gas stoves, White House says

President Joe Biden has cooled for now a heated reaction to news this week that the U.S. Consumer Product Safety Commission would intensify its review of gas-burning stoves and cooktops in the U.S., appliances that have come under greater scrutiny for health risks and their contribution to global warming. “The president does not support banning gas stoves,” White House press

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MarketWatch First Take: Other businesses will feel the impact of Bed Bath & Beyond store closures, says bankruptcy expert

Bed Bath & Beyond Inc. announced the closure of almost 130 stores this week as the troubled home goods retailer attempts to resolve its financial woes.  Howard Ehrenberg, bankruptcy and reorganization practice partner at law firm Greenspoon Marder told MarketWatch that the ripple effect of the closures could be felt by other businesses. “These are large square foot stores and that

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Your Digital Self: These online scams to steal your money will shock you — even if you think you’ve seen them all

Online scammers have an old bag of tricks, but they are also trying to come up with innovative methods to cheat people out of their money and personal information. Even if you are well-informed about online privacy, you should review the following list of insidious schemes you should keep a lookout for. 1. Employment-related scams Even with unemployment low, you

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Market Extra: ‘Bonds are back,’ Pimco says, as stock market becomes less attractive

There’s a strong case for investing in bonds after last year’s surge in yields, Pacific Investment Management Co. said in a report released Wednesday. A likely recession calls for caution when it comes to more economically sensitive areas of financial markets, while higher interest rates make equities less attractive, according to the $1.7 trillion asset manager. “We continue to see

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Binance’s New Swedish Registration Marks 7th Regulatory License in EU

Binance Nordics AB, the Swedish subsidiary of top cryptocurrency exchagne, Binance, has been registered as a virtual currency trading and management institution by the Swedish Financial Supervisory Authority (Swedish FSA). The new license marks the digital asset company’s seventh regulatory approval within the European Union region. The approval also means that Binance is now approved as a digital asset service

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Market Snapshot: U.S. stocks edge up as inflation data looms

U.S. stocks were slightly higher on Wednesday as the market builds on a positive start to 2023 and as traders looked ahead to Thursday’s inflation report. How are stock indexes trading The S&P 500  SPX, +0.63%  was up 13 points, or 0.3%, to 3,932 The Dow Jones Industrial Average  DJIA, +0.30% rose 61 points, or 0.6%, to 10,800 The Nasdaq

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Futures Movers: Oil prices higher even as the EIA reports one of its biggest weekly crude supply increases on record

Oil futures again moved higher on Wednesday, buoyed by expectations of stronger energy demand from China, even as a U.S. government report revealed one of the largest weekly crude inventory gains on record. Price action West Texas Intermediate crude for February delivery CL00, +2.85% CL.1, +2.85% CLG23, +2.85% rose $1.30, or1.7%, to $76.42 a barrel on the New York Mercantile

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Coronavirus Update: China stops issuing visas to Japanese and South Korean visitors as spat over test mandates for Chinese tourists widens

China stopped issuing visas for visitors from Japan and South Korea on Tuesday in apparent retaliation for COVID-testing measures imposed on travelers from China, the Associated Press reported.  China had warned it would take action against countries that mandate testing for its citizens, who are now free to travel after the government lifted strict restrictions on movement last month, unleashing a

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Market Extra: Why Thursday’s U.S. CPI report might kill stock market’s hope of inflation melting away

Investors should not have unrealistic expectations regarding the pace at which U.S. inflation subsides in 2023, analysts argue, ahead of Thursday’s consumer price index report for December which may test the mild rally in stocks in the new year and may determine the size of the Federal Reserve’s next interest rate rise in February. The December CPI reading from the

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Robert Powell’s Retirement Portfolio: 60/40 portfolio — dead or alive?

For years, decades even, the 60/40 portfolio has been the asset allocation of choice for investors. And with good reason. That asset allocation, which was based on the work of Nobel Prize-winning economist Harry Markowitz, provided investors with a way to maximize expected returns based on a given level of risk. Under the theory, known as the modern portfolio theory

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Ripple Execs Predict Increasing Utility As Key Driver For 2023

A few days ago, Ripple Labs’ Managing Director for Europe, Sendi Young, shared her predictions for 2023, as Bitcoinist reported. Now, in a new blog post, other Ripple executives have also shared what they expect for the future and made their projections. In doing so, the executives agree that technological advancements and steady steps into the mainstream will help to

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Need to Know: There’s a big gap between how companies and the government measure profits. Historically, that’s been a bad sign for stocks

Earnings season is just around the corner. But as investors prepare for the onslaught, it’s worth noting that there are two ways to measure corporate profitability. Major business news publications like MarketWatch highlight reported financial results. But the U.S. government measures profitability differently, drawing on data from corporate tax returns. And while the two usually move hand-in-hand, that’s not always

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Peter Morici: Don’t tax robots!

Don’t Tax Robots Peter Morici @pmorici1 Through the ages, pessimists have warned that new technologies spell doom. Naysayers warn robots will wipe out jobs and want to impose taxes to slow their progress. In a more service-based economy, artificial intelligence has a lot in common with robotics and with AI, the focus is increasingly spreading to white-collar jobs. Complex algorithms boost productivity to replace employees

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Next Avenue: Confused by an avalanche of Medicare ads? Deceptive marketing has some experts calling for action.

This article is reprinted by permission from NextAvenue.org. If the volley of flyers, brochures, letters, emails, social media ads and other marketing materials unleashed by insurance companies during Medicare open enrollment last fall had you feeling under siege, you’re not alone. “I am a college graduate, but I do not understand any of it,” says Liz Markowski, 74, of Vergennes, Vermont,

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Autotrader: The new 2023 McLaren Artura hybrid supercar is a head-turning exotic coupe, and we drove it through Nevada’s Valley of Fire

A new McLaren is news for anyone who loves great cars. An invitation to drive the new 2023 McLaren Artura in Nevada is a headline for any enthusiast. We got to experience the new hybrid supercar on the streets of Nevada and the track at Las Vegas Motor Speedway, and we’re here to tell the tale. McLaren’s racing pedigree has deep roots

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