Women have been facing a persistent wealth gap when compared to men. Despite increasing levels of education and representation in senior leadership positions, gender pay gaps remain prevalent. Women are often forced to take time off from the labor force or reduce their working hours due to caretaking responsibilities, which has been termed as the
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In the midst of concerns over China’s economic growth and consumer confidence, Yum China CEO Joey Wat maintains that Chinese consumers are becoming increasingly rational, a trend that has been evolving for years. This shift in behavior is reflected in the company’s revenue growth, which saw a 19% increase in the fourth quarter, driven by
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New York Community Bancorp experienced a significant drop in its stock value, plummeting over 20% during extended trading hours following the announcement of a leadership change and internal control issues. The regional lender revealed that Alessandro DiNello, previously the executive chairman, has now assumed the roles of president and CEO with immediate effect. This sudden
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A recent case brought to light by New York Attorney General Letitia James exposes the troubling reality of investment fraud. Vladimir Artamonov, a Harvard Business School graduate, has been accused of orchestrating a Ponzi scheme that duped his fellow alumni and associates into investing at least $2.9 million. The scheme, which promised unrealistic returns of
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When it comes to buying or selling a home, real estate agent commissions can significantly impact the final sale price. Despite the influence these fees have, many consumers are unaware that they have the ability to negotiate the terms of these commissions. Recent research conducted by LendingTree revealed that 31% of homebuyers and sellers were
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After months of negotiations and drama, Major League Pickleball (MLP) and the Professional Pickleball Association (PPA) have finally completed their highly anticipated merger agreement, bringing together the two largest organizations in the sport. The agreement includes new capital infusion, uniting the leagues under a single holding company while maintaining their distinct brands and formats. This
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