Pay packages for the US’ top executives once more escalated in 2016 following its slip the previous year. Maybe the pay jump is a reflection of the times being that the stocks are once more coming off a strong run, the unemployment rate is low, the economy is percolating and Trump is vowing to carefully...
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Category: Money Tips
Pay Increase for Head US Execs Last Year
OPEC Poised for “Safe Bet” of Oil Cuts Extension by Nine Months
OPEC and its allies were prepared to prolong their production cuts for an additional nine months following the failure of last year’s agreement to clear a world supply excess or produce a sustainable price recovery. Keeping an unwavering level of production through March 2018 “is a very safe and almost certain option to do the...
Latest Trump Budget Cuts Children’s Health Insurance Program
Trump’s most recently divulged budget intends to cut Children’s Health Insurance Program by at 20% over the span of the next two fiscal years and drastically cut Medicaid, which covers millions of other children. This proposed change means that millions of poor and working-class families are at risk of losing their health coverage if this...
Apple iPhones Gearing Up to Face Import Bans in US?
iPhone unit sales have suffered a hit in the second quarter of 2017, and consumers are eagerly on the lookout to determine which iPhone 8 rumors are true. As of now, Apple’s feud with Qualcomm seems to be taking a turn for the worst, as the latter is supposedly attempting to ban the import of...
Coca-Cola to Cut 1% of its Workforce
Coca-Cola’s sales went down in the primary quarter as it reorganized its business. The company, which is currently the largest beverage maker in the world, has revealed that it intends to slash its workforce by getting rid of roughly 1,200 jobs starting later on this year as it advances towards its goal of cutting costs....
Iconic Ralph Lauren Manhattan Store to Close
This past Tuesday, Ralph Lauren made a surprising announcement. It was revealed by the luxury fashion company that they intend to close its high-profile Polo store, located on Fifth Ave in New York City, merely three years after the flagship store opened its doors. Leaving loyal customers heartbroken by the brand’s departure from this iconic...
Immigrants and Natives Crave for Municipal ID’s
The New York City’s municipal ID program has been launched for a year and a half and thousands of New Yorkers have been signing up for them. The people that got the most ID’s were immigrants and natives. More than half of the cardholders use their IDNYC card as their primary form of identification and...
5 Parks get a $150 Million upgrade
Parks around the New York City’s economically challenged neighborhoods don’t get the satisfaction of entertainment that they desire. But all of that changes when New York City Mayor, Bill de Blasio upgrades them for $150 million. Mr. de Blasio is upgrading the five parks in the city in order to fight inequality. “The people who...
$5,000 deal at the first Egg Freezing Clinic in Manhattan
Women often find it expensive for them to go to an egg freezing clinic to extend their fertility, but that problem has been resolved with the newly opened Extend Fertility clinic, in Manhattan. When women decide to have a baby, they try going to one of these clinics in order to freeze their eggs in order...
Powerball hits $333 million
Everyone’s dream of being a millionaire is the drive that gets them to go out and buy lottery tickets in hopes of making their dreams a reality. Now, New Yorkers will set their sights and money towards the Powerball tickets because the new jackpot prize raises to $333 million. The number on the Powerball changes...