Former Stockton mayor Michael Tubbs on why he wants to end poverty

Michael Tubbs, former mayor of Stockton, California. Nick Otto | AFP | Getty Images Michael Tubbs faced the odds against him while growing up in Stockton, California, as the son of a young single mother and an incarcerated father. Tubbs, 31, felt the expectations for his life as a black man in America were either … Read more

Is not getting a 6% raise amid inflation actually taking a pay cut?

A worker helps a customer at a Presidente supermarket in Miami, April 13, 2020. Joe Riddell | Getty Images Workers across the United States are wondering how rising inflation is affecting their paychecks. Inflation rose more than expected. In October, consumer prices rose 0.9% and pushed year-over-year gains to 6.2%, hitting a 30-year high, according … Read more

Inflation has taken away all the wage gains for workers and then some

Gas prices grow along with inflation as this sign appears at a gas station in Carlsbad, California, November 9, 2021. Mike Blake | Reuters What looked like a big jump in workers’ wages during the month of October turned out to be just another heart-wrenching blow after accounting for inflation. The Labor Department reported Friday … Read more

How to think about a ‘boomerang’ offer to return to a former employer

Hiring managers are powering every hiring tool they have in today’s tight job market – including asking former employees to return. Some management researchers say the Great Resignation of 2021 could lead to the rise of the “renegade employee” in the next five years as pandemic-era work turmoil continues. Companies have a lot of incentives … Read more

This is going to be one of the best Christmas seasons ever: Ed Yardeni

Ed Yardini offers the long-running market bull a dose of year-end optimism. Yardini, who is known for managing investment strategy at Prudential and Deutsche Bank, expects the holidays to boost stocks deeper in record territory. “This is going to be one of the best Christmas seasons ever,” Yardeni’s head of research told CNBC’s Trading Nation … Read more