Workers who switched jobs during the pandemic-era Great Resignation were less satisfied than those who stuck with their employer last year — a major reversal from the previous year, according to a survey. The poll found that 65% of workers who stayed put in 2023 were satisfied — compared to 59% for those who sought out greener pastures, according to the survey of between 1,500 and 2,000 working adults in the US by The Conference Board, a nonprofit think tank and business membership...

Breaking into the middle class in New York State requires some big bucks — as soaring levels of inflation and lagging wage growth have driven up the cost of living. The minimum annual income required for a family of four to be considered part of the middle class in the Empire State soared to $81,396 in 2023, according to the Pew Research Center and the US Bureau of Labor Statistics. That’s roughly $7,000 more than it was for a couple with two kids in 2022, when the minimum income was $74,908...

A British bank on Wednesday was ordered to pay compensation to a manager who was terminated for uttering the N-word during the lender’s race-education training. Carl Borg-Neal, 58, was fired by Lloyds Banking Group in July 2021 after he said the N-word in front of around 100 other bank managers who attended the class, according to Bloomberg. “The most common example being use of the N-word in the black community,” Borg-Neal, who is white, said in the class, though he uttered the word in...

More Americans are declining to buy home insurance due to increasingly expensive premiums — leaving them at considerable risk of losing their home and personal belongings in case of a disaster. The national average for home insurance based on an annual policy that offers dwelling coverage of up to $250,000 soared 20% this year to $1,428, according to Bankrate. The higher premiums — which have been blamed on factors ranging from inflation spiking the cost of materials and labor to climate...

Goldman Sachs announced on Monday that it has unloaded its personal financial management business to the rival consultancy firm Creative Planning – undoing CEO David Solomon’s strategy to expand the Wall Street giant’s reach into the mass consumer market. Terms of the deal were not disclosed, though Goldman said in a statement that it anticipates the sale, which is due to be completed later this year, will “result in a gain.” Goldman sold off its Personal Financial Management unit, which...