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Amazon Exec’s Jab At Bernie Flops

Video Credit: HuffPost NOW News - Duration: 02:01s - Published
Amazon Exec’s Jab At Bernie Flops

Amazon Exec’s Jab At Bernie Flops

An Amazon executive attempted to mock Sen.

Bernie Sanders, who is traveling to Alabama to meet with Amazon employees who are pushing to unionize.


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Bernie Sanders Bernie Sanders American politician and activist (born 1941)

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Bernie Sanders Pushes Bill to Adopt 4-Day Workweek [Video]

Bernie Sanders Pushes Bill to Adopt 4-Day Workweek

Bernie Sanders Pushes Bill , to Adopt 4-Day Workweek. The senator introduced the "Thirty-Two Hour Work Week Act" on March 14, NBC News reports. The bill would change the standard workweek in America from 40 to 32 hours without losing pay. The number of hours needed to attain overtime pay would also be reduced. Time-and-a-half pay would be required for any workday lasting longer than 8 hours. If a workday exceeds 12 hours, an employee would receive double pay. The plan would go into effect over the course of four years, NBC News reports. . Moving to a 32-hour workweek with no loss of pay is not a radical idea, Sen. Bernie Sanders, via statement. Today, American workers are over 400 percent more productive than they were in the 1940s. , Sen. Bernie Sanders, via statement. And yet, millions of Americans are working longer hours for lower wages than they were decades ago. That has got to change, Sen. Bernie Sanders, via statement. Sanders went on to talk about AI's place in the workforce. The financial gains from the major advancements in artificial intelligence, automation and new technology must benefit the working class, not just corporate CEOs and wealthy stockholders on Wall Street, Sen. Bernie Sanders, via statement. It is time to reduce the stress level in our country and allow Americans to enjoy a better quality of life. , Sen. Bernie Sanders, via statement. It is time for a 32-hour workweek with no loss in pay. I look forward to the discussion this week, Sen. Bernie Sanders, via statement

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Sanders: Trump is trying to undermine American democracy [Video]

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Former US presidential candidate Bernie Sanders told Channel 4 News that Donald Trump is “trying to undermine American democracy.” In a scathing interview Mr Sanders said that the Republican candidate’s effort to challenge the result of the previous election will make it “harder for people in the opposition to get elected.” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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Amazon (company) Amazon (company) American multinational technology company

These US Cities Have the Highest Populations of Millionaires [Video]

These US Cities Have the Highest Populations of Millionaires

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
Data Shows US Wages Falling at a 'Striking' Pace [Video]

Data Shows US Wages Falling at a 'Striking' Pace

Data Shows , US Wages Falling , at a 'Striking' Pace. Fox News reports that wage growth in the United States has slowed significantly over the past year. . According to new data from Indeed, wage growth is beginning to near pre-pandemic levels. . Indeed's wage tracker showed that salaries have had a marked drop since January 2022, suggesting that employers are seeing less competition for new hires. The pace of deceleration is striking. Posted wage growth has fallen by almost 3 percentage points over the past year, Nick Bunker, Indeed labor economist, via Fox News. Fox News reports that the most pronounced deceleration was found in low-wage sectors. . Given the huge run-up in posted wages for those sectors, wage growth is still above its pre-pandemic pace. How long this will last is uncertain, Nick Bunker, Indeed labor economist, via Fox News. After remaining historically tight throughout the last year, the labor market is expected to continue slowing in the coming months amid elevated interest rates. Since March of 2022, the Federal Reserve has increased interest rates 11 times in an attempt to slow down inflation and cool the labor market. Since March of 2022, the Federal Reserve has increased interest rates 11 times in an attempt to slow down inflation and cool the labor market. In 2024, there have already been a number of significant layoffs, with major companies like Alphabet, Amazon and Citigroup cutting jobs. . In 2024, there have already been a number of significant layoffs, with major companies like Alphabet, Amazon and Citigroup cutting jobs. . In 2024, there have already been a number of significant layoffs, with major companies like Alphabet, Amazon and Citigroup cutting jobs. . Despite this, job growth has remained resilient, with employers adding 275,000 jobs in February. . At the same time, Labor Department data shows that the unemployment rate for the month also rose to 3.9%.

Credit: Wibbitz Top Stories    Duration: 01:31Published
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Jeff Bezos Sells $4 Billion of Amazon Stock [Video]

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Jeff Bezos Sells $4 Billion , of Amazon Stock. Earlier this month, Amazon revealed that Bezos would be offloading 50 million shares by Jan. 31, 2025. Earlier this month, Amazon revealed that Bezos would be offloading 50 million shares by Jan. 31, 2025. According to regulatory filings, since Feb. 9, Bezos sold 24 million shares over the course of four trading days. The last time he sold stocks was in 2021, Yahoo Finance reports. . Bezos, one of the world's richest men, didn't provide a reason for the timing of his recent sale. . But he previously announced that he was moving from Washington to Florida to be closer to his fiancée, Lauren Sanchez, and other family members. . But he previously announced that he was moving from Washington to Florida to be closer to his fiancée, Lauren Sanchez, and other family members. . In 2022, Washington instituted a 7% capital gains tax. Bezos' decision to move to Florida will likely save him $288 million so far, Yahoo Finance reports. . "Because Bezos has only ever bought a single share of Amazon," it's likely that he's had the stock, since the formation of the company, "and therefore virtually all of their value would be considered capital gains," according to 'Bloomberg.'. According to Washington officials, capital gains tax brought in $855 million last year. Over half of that amount came from only 10 people. . In March 2023, billionaire Ken Fisher said he would move from Washington to Texas.

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Economists Optimistic After Stocks Hit New Record [Video]

Economists Optimistic After Stocks Hit New Record

Economists Optimistic, After Stocks Hit, New Record. NPR reports that the S&P 500 has risen above 5,000 for the first time in history. The broad-based U.S. index of the most-known companies around the globe opened over the historic milestone at the opening bell on February 9. . Investors are feeling optimistic that we have sidestepped a recession, Sam Stovall, chief investment strategist at the financial research firm CFRA, via NPR. According to the latest economic data, the Federal Reserve appears poised to pull off its goal of achieving a so-called "soft landing" for the U.S. economy. . The potential good news comes after a year-long rate-hiking campaign by the Fed to combat high inflation amid widespread fears of a recession. So far, the S&P 500 is up over 5% in 2024, coming off of a strong 2023, which saw the index gain 24%. NPR reports that a select group of stocks, referred to as "The Magnificent Seven," accounted for most of the market's broader gains. Those companies include , Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla. Those companies include , Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla. Those companies include , Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla. Those companies include , Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla. It's a couple growth sectors, and that's it. What's leading the market is still more growth-y, tech-y stocks, Stephen Suttmeier, chief equity technical strategist at Bank of America, via NPR. If you look at the history, my guess is we spend some time above 5,000, probably spend some time below 5,000, Stephen Suttmeier, chief equity technical strategist at Bank of America, via NPR. And I think we can actually move well beyond 5,000, Stephen Suttmeier, chief equity technical strategist at Bank of America, via NPR

Credit: Wibbitz Top Stories    Duration: 01:31Published

Alabama Alabama U.S. state

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Credit: Wibbitz Top Stories    Duration: 01:31Published
Senate Democrats Will Attempt to Pass Legislation Protecting IVF [Video]

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Senate Democrats Will Attempt , to Pass Legislation Protecting IVF. On Feb. 27, Democratic Senator Tammy Duckworth said that she will seek an immediate vote on Feb. 28 to pass her Access to Family Building Act, Reuters reports. . The push comes after Alabama ruled that embryos are essentially children, causing widespread implications for patients and doctors. . If you truly care about the sanctity of families, and you’re genuinely actually honestly interested in protecting IVF, then you need to show it by not blocking this bill on the floor tomorrow. It’s that simple, Sen. Tammy Duckworth, via statement. Duckworth, an Iraq War veteran, and her husband turned to IVF after not being able to conceive for 10 years. They currently have two children. . I have five embryos that were created (using IVF); three that were deemed to be nonviable, would not survive, Sen. Tammy Duckworth, via statement. Under "personhood laws" such as those enacted in Alabama, Duckworth said, "I could be convicted of manslaughter or murder for discarding these three eggs that were nonviable.". Under "personhood laws" such as those enacted in Alabama, Duckworth said, "I could be convicted of manslaughter or murder for discarding these three eggs that were nonviable.". While many Republicans have objected to Alabama's ruling, they are expected to block Duckworth's bill despite indicating otherwise, Reuters reports. . Duckworth said that if Republicans end up objecting to the bill, she'd "love" to have those individuals named on the record. . I expect them to, if they live up to the words that they’re saying, to not block it. But we’ll see tomorrow when the rubber hits the road, Sen. Tammy Duckworth, via statement

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Alabama lawmakers look for IVF solution as patients remain in limbo [Video]

Alabama lawmakers look for IVF solution as patients remain in limbo

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This Day in History:, New Orleanians Take to the Streets for Mardi Gras. February 27, 1827. Groups of masked students danced in the streets, marking the beginnings of the city's Mardi Gras celebrations. The Mardi Gras celebration was brought to the region by French settlers towards the end of the 1600s. By the time students in New Orleans danced in the streets in costumes and masks. the celebration of Carnival had been popular in Mobile, AL, for more than 100 years. The New Orleans student celebrations were inspired by their Paris studies. Within five years, a French plantation owner had begun raising money to fund the celebration. The first fully organized Mardi Gras occurred in 1857

Credit: Wibbitz Top Stories    Duration: 00:50Published

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