News of the massive tech layoffs have been dominating headlines for weeks. About 18,000 people at Amazon and 12,000 at Google’s parent company Alphabet. Roughly 10,000 at Microsoft. An estimated half of the 7,5000 workers at Twitter. And social media feeds have been filled with juicy details about the severance packages, including information on the legal documents employees have to sign before they get their payout. It’s left some questioning the fairness of such documents. But experts say...

Cryptocurrency exchange FTX continues to scramble this week to cover a liquidity shortfall of as much as $8 billion, but it’s becoming more and more unlikely that CEO Sam Bankman-Fried will find backers after Binance walked away from a potential fire-sale deal. “Sam needs to abandon his delusions of cobbling together some deal. There’s no one on earth that’s going to bail FTX out, unless the Fed is inclined to do it. It’s just not going to happen,” Nic Carter, cofounder and chairman of Coin...

Many of the advocates for pay transparency regulations—the latest iteration of which hit New York City this month—argue that posting salary ranges for jobs not only helps close gender and racial pay gaps, but provides a better foundation for younger and future workers. Turns out, younger workers don’t care about these rules as much as more established employees. At least, that’s according to a new survey from The Harris Poll that found two-thirds of Gen Z workers (ages 18 to 24) support...

As of June, 24.6% of all consumer credit products, including credit cards, mortgages, auto loans and personal loans are in some type of financial hardship program. That’s according to TransUnion, which defines financial hardship plans as a deferred payment, forbearance program, frozen account or frozen past due payment. But despite the high numbers, the number of accounts going into these types of payment relief programs is starting to level off, says Matt Komos, vice president of research...

Nearly nine out of 10 of American voters, 86%, support creating a $50 billion bailout for the child-care industry, according to a poll commissioned by the First Five Years Fund and the Center for American Progress in mid July. But lawmakers seem unwilling to meet that funding level, with the latest Republican stimulus package allocating $15 billion for the hard-hit industry. Republicans rolled out the HEALS Act on Monday night, which provides $5 billion to child-care providers through the...