Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
“I feel as though I have died and gone to heaven,” said Britain’s skills minister in a recent speech, as he prepares to preside over the fastest rise in the minimum wage in the country’s history. The new policy, which starts on Friday, will see the wages for low-paid workers rise four times faster than…
Up to 30 percent of the current employees in the banking industry may lose their jobs to new technologies in the next 10 years, according to new projections from Citigroup. A 112-page report, “Digital Disruption,” released on Wednesday, said that the number of employees at American banks would drop to 1.8 million people in the…
It’s a common refrain in comments sections across the land: The pay gap is nothing more than a manifestation of the fact that women prefer low-paying occupations. Well, guess what? When women move en masse to a male-dominated field, paychecks wither. At the New York Times, Claire Cain Miller slices the pay gap several different…
But running an office made up exclusively of millennials, it turns out, is not without its snags. His philosophy was tested when Mr. Pavelski, Mic’s director of programming, requested a week off, ostensibly to attend a wake back home in Wisconsin. “I went to talk to Joel and said, ‘So sorry about your loss, take…
Glass ceiling? What glass ceiling? That’s the view of the vast majority of male employees when it comes to workplace discrimination faced by women, according to a new PayScale survey—and it points up a huge challenge to overcoming the problem: You can’t fix something that you don’t see. The PayScale survey, conducted online over the…
Two years ago, Michelle* was a thriving real estate mogul in Seattle, and cofounder of her own business. Her company sponsored elite events from Vancouver, B.C., to Los Angeles and contributed to many philanthropies. But at the age of 28, she did what many other successful millennial women do: She burned out. She scaled back…
Vivienne Ming, a serial entrepreneur, theoretical neuroscientist, and Big Data specialist, likes crunching numbers. For three years, she has calculated the cost of being different—that is, how much harder do you have to work as a woman, or as a gay man, to get the same jobs and the promotions as a straight, white man?…
As goes oil, so goes the stock market…“there will be blood” The “stable” oil market… Following yesterday’s noisy drop, today was the echo with a noisy choppy low volume rally as Oil sparked the momentum in the pre-open, but stocks decoupled lower from both JPY and Oil (smashed lower on weak wholesale trade data and…
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When Jeb Bush formally entered the presidential campaign in June, there was already more money behind him than every other Republican candidate combined. When he suspended his campaign on Saturday night in South Carolina, Mr. Bush had burned through the vast majority of that cash without winning a single state. It may go down as…