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The telco giant set to fire corporate employees who aren’t vaccinated

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T-Mobile is set to fire corporate employees who are not fully vaccinated against COVID-19 by April 2

According to an internal company memo posted on the blog The T-MO Report, the company is cracking down on staff who have not yet been fully vaccinated against the virus.

The blog stated that T-Mobile’s new policy was announced on Friday in an email from its human resource chief and was addressed to all staff.

“Employees who have not yet taken action to receive their first dose and upload proof by February 21 will be placed on unpaid leave,” the blog quoted the memo as saying. “Affected employees who do not become fully vaccinated … by April 2 will be separated from T-Mobile.”

– THE T-MOBILE POST SAID.

But the news follows a U.S. Supreme Court ruling on January 13 that blocked President Joe Biden’s COVID-19 vaccination-or-testing mandate for large businesses.

T-Mobile US, Inc. is an American wireless telco network operator majorly owned by German telecommunications company, Deutsche Telekom

Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network. 

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Booming home market sees record prices amidst surging sales

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The real estate market continues to defy expectations as home prices soar to record-breaking heights, even in the face of a selling surge.

The real estate landscape has been nothing short of remarkable, leaving experts and prospective buyers alike astounded.

The latest data from the National Association of Realtors (NAR) reveals that home prices across the nation have reached an all-time high, setting a new benchmark that eclipses previous records by a substantial margin. This meteoric rise in prices has caught many by surprise, as it defies the typical market dynamics where increased supply often leads to more competitive pricing.

The driving force behind this phenomenon appears to be the unprecedented surge in home sales.

Low-interest rates, combined with a renewed interest in spacious living due to remote work trends, have fueled an extraordinary demand for homes. Buyers are rushing to secure their dream homes, creating a frenzied atmosphere in the market.

However, this raises an important question: can the market sustain these soaring prices, or are we witnessing a housing bubble on the brink of bursting? Industry experts remain divided on the matter, with some expressing concerns about affordability and potential risks for buyers, while others argue that this is a reflection of a strong and resilient housing market.

 

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Warren Buffett warns of commercial real estate market crisis

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Warren Buffett has issued a stark warning about the state of the real estate market. He believes that a storm is brewing, signaling potential trouble ahead for property owners and investors alike.

Buffett, often referred to as the “Oracle of Omaha” for his exceptional track record in predicting market trends, has expressed concerns about the current housing market conditions.

He points to several factors contributing to this impending crisis, including skyrocketing home prices, an oversupply of housing in certain areas, and rising interest rates.

These elements, he argues, are creating a perfect storm that could lead to a significant downturn in the real estate market.

The housing market has experienced a remarkable boom in recent years, with prices surging to record highs in many regions. However, Buffett warns that this rapid price appreciation may not be sustainable, and a correction is overdue.

He also highlights the challenges faced by first-time homebuyers who are finding it increasingly difficult to enter the market due to inflated prices.

As interest rates continue to rise, borrowing costs are climbing, making it more expensive for individuals to finance their home purchases. This could further exacerbate the situation, potentially leading to a decrease in demand and a subsequent decline in property values.

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U.S. freezes funding to Ukraine war effort

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In a rare display of bipartisan cooperation, the United States House of Representatives has successfully passed a critical bill aimed at preventing a looming government shutdown.

The legislation, which sailed through the House with overwhelming support, now awaits approval from the Senate to ensure the uninterrupted operation of federal agencies and services.

The bill, which comes after weeks of intense negotiations between Democrats and Republicans, allocates funding for key government functions through the end of the fiscal year. This crucial move ensures that federal workers will continue to receive their salaries, and vital programs and services, such as healthcare, education, and defense, will remain operational.

The specter of a government shutdown has been a recurring issue in recent years, causing uncertainty and disruption for millions of Americans. It often stems from political gridlock and disagreements over budget allocations. However, this time, lawmakers from both sides of the aisle have come together to prioritize the nation’s stability and well-being.

Key provisions of the bill include funding for infrastructure projects, pandemic response efforts, and disaster relief programs. Additionally, it addresses issues related to immigration and national security, striking a balance that satisfies various factions within Congress.

The Senate is expected to take up the bill promptly, with lawmakers expressing confidence in its swift passage. If approved by the Senate and signed into law by the President, this legislation will provide much-needed stability and relief for the American people.

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