Money
Amazon employees to make a quick buck thanks to hiring incentives
Employees of the e-commerce company will be raking in the cash as Amazon introduces bonuses and pay rises to entice job seekers.
Amazon employees in the US can look forward to bigger paychecks as the company increases the average wage.
Back in May, the e-commerce platform paid their employees an average of $17 per hour but these new changes will see pays increase by more than $18.
While some may see the pay rise as a small jump, the increase will cost the company an extra six percent in payroll.
Aside from growing paychecks, all the rave surrounds the $3,000 cash bonuses some locations are signing their employees.
And for those who won’t see their wallets filled with instant cash, Dave Bozeman, Vice President of Amazon Delivery Services says they may be entitled to triple of what the company offered them three months prior.
Calling all job seekers
The e-commerce company is also looking to employ 125 thousand staff for their warehouse and transportation departments.
The roles on offer are both full-time and part-time, with the need for workers coming from the company’s need to keep up with consumer demand.
The changes come at a time where big companies work to lower the unemployment rate across the US.
As financial assistant incentives expire across the country, Amazon is hoping that job seekers will use the opportunity to join their forever growing team.
They’re using their competitive pay rates to do this, as Amazon works to keep their top spot as the second-biggest private employer in the US.
Written by Rebecca Borg
Money
RBA rate shock: ASX200, Gold and Crypto market
RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.
RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.
The RBA’s latest interest rate decision has sent ripples through the ASX200 and AUD, leaving investors weighing what comes next. We break down how these changes could affect global equities ahead of this week’s crucial non-farm payroll and consumer price index releases.
Zoran Kresovic from Blueberry Markets shares his analysis on the rebound in gold and silver after recent market turbulence, and what factors could drive further gains or sell-offs in the commodities market.
We also dive into the current state of cryptocurrencies, exploring how investors can navigate volatility and what to watch as economic data continues to shape market sentiment.
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#RBA #ASX200 #GoldMarket #SilverRebound #CryptoUpdate #InvestingTips #MarketVolatility #EconomicOutlook
Money
Dow hits record while tech stocks drive market gains
S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.
S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.
The S&P 500 rose 0.7% on Monday, powered by gains in technology stocks, while the Dow Jones Industrial Average hit new heights. Investors are eagerly awaiting crucial economic reports this week.
Nvidia and Broadcom were among the standout performers, climbing 3% and 4% respectively, continuing the momentum from the previous session. The market rebound comes after significant losses earlier last week, with the Dow exceeding 50,000 for the first time ever on Friday.
Investors now turn their attention to the delayed January jobs report from the Bureau of Labor Statistics, due Wednesday, and the consumer price index for January, expected Friday with a 2.5% annual rise.
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Money
Tech stocks slide as investors rotate into small-cap and value plays
Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.
Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.
U.S. equity markets wrapped up a turbulent week with mixed results. The Nasdaq Composite fell 1.84%, marking its worst week for large-cap technology stocks since November, while the S&P 500 remained largely unchanged. Investors are weighing concerns about artificial intelligence and potential overinvestment in high-growth areas.
Meanwhile, smaller-cap and value-oriented stocks continued to add to their year-to-date gains. Market participants rotated into cyclical sectors that had lagged, reflecting a shift in investor sentiment and appetite for risk outside the traditional tech heavyweights.
Analysts say this rotation highlights the broader market’s evolving dynamics, as growth concerns collide with opportunities in underappreciated areas. Stay tuned for further developments as the market digests these trends.
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