O.J. Simpson's official cause of death has been revealed ... one of the most infamous, high-profile Americans of all-time died from prostate cancer, TMZ has.. TMZ.com
FTC to Decide , Whether Noncompete Agreements , Should Be Banned.
After receiving over 26,000 public comments about the issue, the Federal Trade Commission is set to deliver its verdict on April 30, NPR reports. .
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
Approximately one in five Americans, spanning minimum wage workers to CEOs, are subject to noncompete agreements, the FTC estimates. .
The Biden administration says that these types of agreements hurt workers by decreasing wages.
The White House also argues that these
agreements harm the U.S. economy because entrepreneurship isn't allowed to freely flourish. .
FTC Chair Lina M. Khan issued a statement when
the proposed ban was initially introduced.
The freedom to change jobs is
core to economic liberty and to
a competitive, thriving economy, FTC Chair Lina M. Khan, via statement.
Noncompetes block workers from
freely switching jobs, depriving
them of higher wages and better
working conditions, and depriving
businesses of a talent pool that
they need to build and expand, FTC Chair Lina M. Khan, via statement.
Businesses argue that noncompete agreements are essential for safeguarding investments and proprietary information.
Those businesses also question whether
the agency has the power "to regulate
such agreements," NPR reports. .
If the FTC votes to issue a final rule, enforcement wouldn't occur for 180 days,
and legal challenges would likely ensue.
Credit: Wibbitz Top Stories Duration: 01:31Published
Millennials Want a 4-Day Workweek, , Poll Indicates.
Redfield and Wilton Strategies recently conducted a poll for 'Newsweek' to find
out how Americans feel about the idea of moving toward a four-day workweek.
4,000 U.S. voters were
surveyed between April 6 and 7.
63% were in favor of a four-day workweek.
46% think the model makes
employees more productive.
Out of all age groups surveyed,
millennials accounted for 74% of those
who want to work less hours.
Of that 74%, 44% "were strongly in favor of a shorter working week," 'Newsweek' reports.
50% of people born in 1964 and before supported a four-day workweek.
The results come as more companies are adopting shorter workweeks, and politicians are pushing to advance the trend in Congress.
The results come as more companies are adopting shorter workweeks, and politicians are pushing to advance the trend in Congress.
The sad reality is, Americans now
work more hours than the people
of most other wealthy nations, Bernie Sanders, via March 2024 health committee hearing.
Lisa Countryman-Quiroz, CEO of non-profit JVS, called a 5-day, 40-hour workweek outdated.
The five-day workweek was created in a
different time. It served its purpose, but
today's world is more fast-paced and
technology-driven than our workplace
predecessors could have imagined, Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'.
Since implementing a
four-day workweek, our
results have been incredible. , Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'.
We've found our employees are more
productive, report better work-life balance,
and experience less burnout. Incredibly, our
turnover rate has been cut nearly in half, Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:31Published
Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.
Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.
NBC reports that President Joe Biden will mark
Earth Day with the announcement of $7 billion
in federal grants for residential solar projects.
NBC reports that President Joe Biden will mark
Earth Day with the announcement of $7 billion
in federal grants for residential solar projects.
The grants will bring solar energy
to over 900,000 households in both
low- and middle-income communities. .
According to senior administration officials, the
projects receiving additional funding will reduce emissions
by 30 million metric tons and save $350 million every year. .
According to senior administration officials, the
projects receiving additional funding will reduce emissions
by 30 million metric tons and save $350 million every year. .
NBC reports that solar power has gained
traction as a clean energy source that could
help reduce U.S. reliance on fossil fuels.
However, the high cost of initial installation
makes solar energy inaccessible
for many households in the U.S.
However, the high cost of initial installation
makes solar energy inaccessible
for many households in the U.S.
49 of the new grants will be awarded at
the state level, six more will serve Native American
tribes and another five are multi-state awards.
The grants will be used for renewable
investments that include rooftop solar
and community solar gardens. .
The grants will be used for renewable
investments that include rooftop solar
and community solar gardens. .
Officials say that the latest environmental
announcements are part of an effort to energize
young voters ahead of his upcoming reelection campaign.
Biden also reportedly plans to expand the
American Climate Corps green jobs training program,
which was created last year by executive action. .
Biden also reportedly plans to expand the
American Climate Corps green jobs training program,
which was created last year by executive action. .
The corps, which will offer nearly 2,000 positions across
36 states, is meant to offer young Americans the chance
to help enact the Biden administration's climate agenda. .
The corps, which will offer nearly 2,000 positions across
36 states, is meant to offer young Americans the chance
to help enact the Biden administration's climate agenda.
Credit: Wibbitz Top Stories Duration: 01:31Published
March Retail Sales , Exceeded Expectations.
New Commerce Department data surprised
some analysts on April 15, 'The Hill' reports. .
The agency's latest estimates indicate
that March retail sales increased by 0.7%.
They were only expected
to rise 0.3% last month.
While sales exceeded estimates for March, the jump
was still below the 0.9% increase in February.
Compared to the same time last year, total sales
for the first three months of 2024 were up 2.1%.
On April 10, the Labor Department released data showing that inflation rose last month. .
The consumer price index (CPI)
increased 0.4% in March and 3.5% annually.
In February, consumer prices
increased 3.2% year-over-year. .
Still, the newest Commerce Department data suggests that Americans continue to spend despite prolonged inflation, 'The Hill' reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
US Housing Market , Sees Sales of New Homes , Plummet in Several States.
'Newsweek' reports that sales of new homes
across the Northeast and Midwest plummeted
in February, dragging the overall housing
market down across the country.
The news comes at a time when elevated
mortgage rates have already dissuaded
many buyers from purchasing property.
In the Northeast, sales of single-family
homes dropped 31.5%, while the Midwest
saw a more modest decline of 2.4%. .
Sales in the South and West saw
positive increases, with 3.7% and 2.3%,
respectively for the month.
Sales in the South and West saw
positive increases, with 3.7% and 2.3%,
respectively for the month.
According to analysts,
the disappointing numbers
are the result of high mortgage rates.
Rising mortgage
rates subdued
activity in February, Yelena Maleyev, senior economist for KPMG, via 'Newsweek'.
As a result of high mortgage rates, homebuyers
remain reluctant despite lower prices, which
dropped to their lowest level since June 2021. .
As a result of high mortgage rates, homebuyers
remain reluctant despite lower prices, which
dropped to their lowest level since June 2021. .
According to government data, the median
sale price for a single-family home fell by
over $14,000 to reach around $400,000. .
Sales were spurred by a rise
in inventory, as 1.07 million
homes were available for sale
at the end of the month, Yelena Maleyev, senior economist for KPMG, via 'Newsweek'.
The rise in inventories was not
enough to offset the upward
pressure on existing home values;
the median sales price rose
to $384,500, the highest
since November 2023, Yelena Maleyev, senior economist for KPMG, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:31Published
These Are the 2024 Sweet 16 , March Madness Teams.
These Are the 2024 Sweet 16 , March Madness Teams.
64 NCAA Division I teams have been cut
down to the Sweet 16, CBS News reports. .
The teams that will advance in the
March Madness tournament are:.
North Carolina Tar Heels
Iowa State Cyclones
NC State Wolfpack
Gonzaga Bulldogs.
North Carolina Tar Heels
Iowa State Cyclones
NC State Wolfpack
Gonzaga Bulldogs.
North Carolina Tar Heels
Iowa State Cyclones
NC State Wolfpack
Gonzaga Bulldogs.
North Carolina Tar Heels
Iowa State Cyclones
NC State Wolfpack
Gonzaga Bulldogs.
Arizona Wildcats
Illinois Fighting Illini
Tennessee Volunteers
Purdue Boilermakers.
Arizona Wildcats
Illinois Fighting Illini
Tennessee Volunteers
Purdue Boilermakers.
Arizona Wildcats
Illinois Fighting Illini
Tennessee Volunteers
Purdue Boilermakers.
Arizona Wildcats
Illinois Fighting Illini
Tennessee Volunteers
Purdue Boilermakers.
Marquette Golden Eagles
Creighton Bluejays
Duke Blue Devils
Clemson Tigers.
Marquette Golden Eagles
Creighton Bluejays
Duke Blue Devils
Clemson Tigers.
Marquette Golden Eagles
Creighton Bluejays
Duke Blue Devils
Clemson Tigers.
Marquette Golden Eagles
Creighton Bluejays
Duke Blue Devils
Clemson Tigers.
Alabama Crimson Tide
San Diego State Aztecs
Houston Cougars
University of Connecticut Huskies.
Alabama Crimson Tide
San Diego State Aztecs
Houston Cougars
University of Connecticut Huskies.
Alabama Crimson Tide
San Diego State Aztecs
Houston Cougars
University of Connecticut Huskies.
Alabama Crimson Tide
San Diego State Aztecs
Houston Cougars
University of Connecticut Huskies.
Four teams remain in
each regional bracket.
Four teams remain in
each regional bracket.
In the East:, No. 1 seed Connecticut vs. No. 5 San Diego State
No. 2 seed Iowa State vs. No. 3 seed Illinois.
In the East:, No. 1 seed Connecticut vs. No. 5 San Diego State
No. 2 seed Iowa State vs. No. 3 seed Illinois.
In the East:, No. 1 seed Connecticut vs. No. 5 San Diego State
No. 2 seed Iowa State vs. No. 3 seed Illinois.
In the East:, No. 1 seed Connecticut vs. No. 5 San Diego State
No. 2 seed Iowa State vs. No. 3 seed Illinois.
In the West:, No. 1 seed North Carolina vs. No. 4 seed Alabama
No. 2 seed Arizona vs. No. 6 seed Clemson.
In the West:, No. 1 seed North Carolina vs. No. 4 seed Alabama
No. 2 seed Arizona vs. No. 6 seed Clemson.
In the West:, No. 1 seed North Carolina vs. No. 4 seed Alabama
No. 2 seed Arizona vs. No. 6 seed Clemson.
In the West:, No. 1 seed North Carolina vs. No. 4 seed Alabama
No. 2 seed Arizona vs. No. 6 seed Clemson.
In the South:, No. 1 Houston vs. No. 4 Duke
No. 2. seed Marquette vs. No. 11 seed NC State.
In the South:, No. 1 Houston vs. No. 4 Duke
No. 2. seed Marquette vs. No. 11 seed NC State.
In the South:, No. 1 Houston vs. No. 4 Duke
No. 2. seed Marquette vs. No. 11 seed NC State.
In the South:, No. 1 Houston vs. No. 4 Duke
No. 2. seed Marquette vs. No. 11 seed NC State.
In the Midwest:, No. 1 seed Purdue vs. No. 5 seed Gonzaga
No. 2 seed Tennessee vs. No. 3 seed Creighton.
In the Midwest:, No. 1 seed Purdue vs. No. 5 seed Gonzaga
No. 2 seed Tennessee vs. No. 3 seed Creighton.
In the Midwest:, No. 1 seed Purdue vs. No. 5 seed Gonzaga
No. 2 seed Tennessee vs. No. 3 seed Creighton.
In the Midwest:, No. 1 seed Purdue vs. No. 5 seed Gonzaga
No. 2 seed Tennessee vs. No. 3 seed Creighton.
Sweet 16 games will take
place from March 28-31
Credit: Wibbitz Top Stories Duration: 01:31Published
These US Cities, Have the Highest Populations of, Millionaires.
According to a report by Henley & Partners,
the United States remains the top country in the
world for private wealth creation and accumulation.
Quartz reports that the U.S. accounts
for about 32% of global liquid investable
wealth, valued at approximately $67 trillion.
Here are some of the cities
with the largest populations of
millionaires, according to the report.
Austin, This Texas city had the biggest explosion
in millionaire growth in the U.S. over the past
ten years, reaching 32,700 by the end of 2023. .
Miami, This Florida city is home to
35,300 millionaires and 15 billionaires,
including Amazon CEO Jeff Bezos.
Boston, While having just eight billionaires,
the fewest of any other city on the list,
this New England city is home to , 42,900 millionaires.
Seattle, This Washington State city is the home of
some of the largest corporations in the U.S.,
including Amazon and Microsoft. It's also
home to 54,200 millionaires and 11 billionaires. .
Chicago, Approximately 120,500 millionaires
live in this Midwestern metropolis. .
Los Angeles, The second-most populous city in the U.S. has about, 212,100 millionaires and 43 billionaires.
San Francisco, The tech hub of the U.S. boasts the most
billionaires with a whopping 68, as well as
the second-most millionaires with 305,700. .
New York, The city with the most high
net worth individuals has about , 349,500 millionaires
and 60 billionaires
Credit: Wibbitz Top Stories Duration: 01:31Published
Aldi to Add , 800 New Stores in US.
The grocery giant wants to add 800 new stores in America by 2028, NBC News reports. .
Aldi plans to build or expand many
locations in the Northeast, Midwest,
western U.S. and Southern California.
Las Vegas will also get its first Aldi store. .
In the Southeast, Aldi plans to convert some Winn-Dixies and Harveys into its stores.
However, since acquiring
parent company Southeastern Grocers,
"a meaningful" amount of Winn-Dixies and Harveys will keep their current branding. .
Aldi expects 50 stores to start the conversion process toward the end of 2024.
Our growth is fueled by our customers, and they are asking for more Aldi stores in their neighborhoods nationwide, Jason Hart, Aldi CEO, via statement.
With this commitment to add
800 stores in the next five years,
we’ll be where our shoppers need
us while positively impacting
the communities we serve, Jason Hart, Aldi CEO, via statement.
Aldi is currently "the fastest-growing grocery retailer" in America, NBC News reports.
Aldi is currently "the fastest-growing grocery retailer" in America, NBC News reports.
Retailers everywhere should be
examining their private brand,
pricing, assortment, digital, and
real estate strategies in response
to Aldi’s move, to build protective
moats for an uncertain future. , Via a report on Aldi from last summer said,
according to GroceryDive.com.
Retailers everywhere should be
examining their private brand,
pricing, assortment, digital, and
real estate strategies in response
to Aldi’s move, to build protective
moats for an uncertain future. , Via a report on Aldi from last summer said,
according to GroceryDive.com
Credit: Wibbitz Top Stories Duration: 01:31Published
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