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A proposal by U.K. civil servants for a four-day working week has been firmly rejected by Pensions Minister Emma Reynolds, who described the idea as outdated. According to The Independent , the call came after the Public and Commercial Services (PCS) union argued that a shorter workweek could improve quality of life, reduce staff turnover, and save the government £21 million annually.
Billions of dollars are poured into global development every year, but results are lacking, says economist Karthik Muralidharan. Diving into an example with public education, he outlines how smarter resource allocation and evidence-based interventions, like learning software that dynamically responds to students and teaches at the level that's right for them, can accelerate global development worldwide — not by spending more, but by spending smarter.
External factors such as market competition for talent, regulatory changes, and technological advancements increasingly influence return-to-office (RTO) decisions. Strict RTO policies can create a significant disconnect between leadership and employees, potentially leading to higher turnover and decreased morale. The most effective RTO strategies adopt a balanced approach to flexible work that considers external pressures beyond the control of both employers and employees.
For a long time, the conveyor belt of ideas moved from the West to the East, says business strategy expert Neeraj Aggarwal. But now, Asia’s rising cultural and intellectual influence is redefining this established order. He explores how Asia’s booming culture and economy — from K-pop to cutting-edge tech — is sparking creative solutions to global challenges and reshaping the future in unexpected ways.
Forgetfulness is costing you time, money, and a ton of missed opportunities. In the age of automation, it’s easy to underestimate the power of a well-trained human mind. But memory isn’t just a parlor trick, it's a strategic edge. Human memory is one of the most underrated business skills. Whether you’re managing people, leading sessions, or having high-stakes conversations, remembering names, details, and concepts can be transformative in building trust, absorbing knowledge, and driving perform
Throughout this year, Spirit Airlines kept assuring investors and customers it had a recovery plan—and bankruptcy was not on the itinerary. However, after a federal judge blocked Spirit’s acquisition by JetBlue in January , those reassurances began to unravel, sending the low-cost carrier into a steady downward spiral. Had the deal gone through, JetBlue would have become the fifth-largest airline in the U.S. and could have jump-started Spirit’s recovery from its massive debt much sooner.
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along and that the abrupt slowdown in job growth in October was an aberration. Initial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 217,000 for the week ended Nov. 9, the Labor Department said on Thursday.
John Darby , 25, remembers the financial crisis of 2008 as the first time his parents worried about money. Then just 9 years old, he believes it made a lasting impression on him and his generation, motivating them to save. In 2021, Darby began saving 10% of his salary for retirement. “I think that’s really why it kind of pushed us into caring more and more about saving,” says Darby, a client service associate with Graham Capital Wealth in Tampa, Florida.
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John Darby , 25, remembers the financial crisis of 2008 as the first time his parents worried about money. Then just 9 years old, he believes it made a lasting impression on him and his generation, motivating them to save. In 2021, Darby began saving 10% of his salary for retirement. “I think that’s really why it kind of pushed us into caring more and more about saving,” says Darby, a client service associate with Graham Capital Wealth in Tampa, Florida.
The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump’s U.S. election win raises the prospect of a hike in tariffs that could deal a fresh blow to the euro zone economy. At around $1.05, the euro has slumped 6% from more than one-year highs in September when a weakening economic outlook stopped it in its tracks.
In today’s fast-paced world marred by distractions and the rising cost of living, productivity is more essential than ever. According to BOSTONtec , office workers are usually productive for no more than 31% of their 8-hour workday, which translates to just two hours and 53 minutes. Social media is the main culprit behind this dismal statistic, affecting more than 47% of workers.
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