Author: streetwiseir

According to Reuters, FedEx shocked investors last week after they hinted towards a “further decline in the number of e-commerce packages it will handle in the year-end holiday season.” However, many FedEx Ground delivery contractors saw this coming based on the low demand last year.  15-year FedEx Ground delivery contractor, James Bush, said, “They're just confirming what everybody probably already knew…They haven’t had accurate projections.” Planning for the...

The Education Department provided a glimpse at the student loan forgiveness form on Tuesday. The application is not live yet but is still set to be fully released at some point this month.  Yahoo Finance reported that the Education Department provided images of the online form during a press briefing on Tuesday. The application requests borrowers to provide their name, Social Security number, birth date, phone...

On Oct. 8, World Mental Health Day, CCLA Investment Management “launched a mental health benchmark to evaluate the world’s largest listed companies.” The goal of the CCLA Corporate Mental Health Benchmark Global 100 study is “to be an engagement and accountability tool for responsible investors to help assess how companies are approaching workplace mental health.” Additionally, it is “a vital tool for investors to engage with...

PayPal’s alleged plans to start charging consumers $2,500 any time they spread what the company deems as misinformation has triggered a major backlash. These plans were set to be in effect starting Nov. 3 but have since been revoked. Recent leaked documents revealed that PayPal was planning to impose financial penalties on users who violate their new policy. However, PayPal quickly tried to backtrack once the...

It is important to put effort into creating an accurate resume that reflects your previous experience and skills so future employers know your capabilities. Karly Pavlinac Blackburn took this to a whole new level. The North Carolina resident sent Nike a cake with her resume printed on it, hoping to be offered a job.  Although the division within the company she was interested in, Valiant Labs, was...

The most anticipated vehicle of recent years is expected to be available in 2023, and electric vehicle buyers cannot wait.  According to The Street, Tesla’s Cybertruck might be comparable to Ford’s F-150, becoming a major “cash cow”  for the company.  Tesla CEO, Elon Musk, has kept the details of the Cybertruck under wraps by only giving Tesla fans small clues. This has led the anticipation and curiosity...

Americans have dealt with the stress of climbing prices for oil, gas and food for months. Now, after the Category 4 hurricane wreaked havoc across the state of Florida, some fear that prices will go even higher.  However, as far as oil and gas prices go, President Biden issued a stern warning to companies last week. “Do not, let me repeat, do not use this as...

Pumpkins might be harder to find this Fall season. Also, you better be prepared to pay a little more for them too.  Like the price of so many other goods, the cost of pumpkins has gone up due to inflation and increased fuel costs. But there’s something else causing people to shovel out a little more cash for pumpkins this season, drought. Maryland Farmer, Tammy Adkins, told...

Applying for jobs is stressful. You think you found the perfect job listing but there is one problem…the salary range is not stated. In California, companies are about to get a little more transparent about salaries, making this process easier and fairer for applicants. The Los Angeles Times reported that California Governor, Gavin Newsom, signed a bill last week that requires companies with 15 or more...

Bloomberg reported on Wednesday that Apple had cut production targets for the iPhone 14 by up to six million units.  The anticipated surge in demand for the iPhone 14 did not appear to meet expectations, leading Apple to back off on plans to boost production targets.  According to Bloomberg and CNET, “Apple told suppliers to dial back planned increases in manufacturing on the entire product line for...