$RACE F1 is one of the richest sports in the world and F1 drivers get paid handsomely, with salaries rivaling some of the richest athletes in the world. World Champion Lewis Hamilton’s net worth is around $280-M, 4X champion Sebastian Vettel’s net worth is around $55-M, while Australian driver Daniel Ricciardo’s net worth is around […]
US Wages, Salaries Rise by Most in 10 Yrs, 227,000 Jobs Added US wages and salaries rose by the most in a decade while private sector payrolls increased by the most in 8 months in October, suggesting overall job growth accelerated this month after Hurricane Florence weighed on restaurant and retail employment in September. The Labor […]
F1 Racing is Very Expensive, Ferrari (NYSE:RACE) Does Not Say How Expensive $RACE, $LMCA F1 drivers receive some of the Top salaries in all sport with the Ferrari’s (NYSE:RACE) Sebastian Vettel paid about $50-M. But the cost of running a F1 team does end with the drivers, as the Top teams employ nearly 1,000 staff […]
President Trump’s Tax Reform: Wages, Salaries Rose Fastest Pace in 11 Yrs US private-sector workers received the biggest pay raise in 11 years in Q-1 of this year, a sign that the tight job market is lifting wages. Friday, the US Labor Department said that its employment cost index shows wages and salaries in the […]
Soft Skills of a Bachelors Degree Losing “Luster” in Jobs Market The bachelor’s degree, once a possible ticket to middle-class comfort is losing its luster in the US job market. Wages for college grads across many majors have fallen since the Y’s 2007-09 recession, according to an analysis by the Georgetown University Center on Education and the […]
Personal Income, Wages, Salaries, Savings Advanced in July $DIA, $SPY, $QQQ, $VXX US consumer spending increased for a fourth straight month in July amid strong demand for automobiles, pointing to a pickup in economic growth that could pave the way for the Federal Reserve to raise interest rates this year. The Commerce Department said Monday […]
Chinese Investment in Latin America is the Key to Regional Growth Chinese investments in Latin America and the Caribbean will be Key to the growth and development of this region, especially for tourism and infrastructure, Colombian academic Jose Reyes Bernal Bellon said in an interview Tuesday. Chinese investments are “an added value that provides a […]