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Older Americans are sliding into poverty

After a slew of pandemic-induced aid ran its course, older Americans are falling back into poverty — and even younger would-be retirees are struggling.After the Great Recession, the trendline for older Americans had been improving, and 2020 pandemic relief measures helped buttress the aging population from falling into poverty in…

The leader of PwC’s 2,200-person DC office says clients expect some consulting work twice as fast as a year ago

AI is resetting assumptions about how quickly professional services firms should move, and consulting clients are getting impatient.”I am seeing clients ask for our help in delivering outcomes at a more rapid pace” compared to this time last year, Jeanelle Johnson, PwC’s managing partner for the Washington DC area, told Business Insider.”Something that we might have said takes eight to 10 weeks; the expectation is probably half of that. The shelf life is half,” Johnson…

Finance news

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Disney has a new tech chief — read the memo from CEO Josh D’Amaro

Disney has hired its first-ever companywide tech chief as its leadership shuffle under CEO Josh D’Amaro continues.Karandeep Anand is joining Disney as chief technology officer and a senior EVP, D’Amaro told employees on Friday.”Karandeep brings a rare mix of experience across infrastructure, consumer technology, and AI,” D’Amaro said in a…

Business

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In-N-Out Burger store managers earn more than $200,000 annually on average, which the fast-food chain says reflects the company’s philosophy of investing in its workforce. “I can confirm that our In-N-Out Burger Store Managers earn more than $200,000 a year on average,” Chief Operating Officer Denny Warnick said in a…

Markets

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Trump says he’s banning MS NOW, CNN, and Politico from the White House

President Donald Trump said on Friday that he was banning MSNOW, CNN, and Politico from the White House as “a result of their constant ‘reporting’ FAKE NEWS!””Media Outlets shouldn’t be able to constantly write or report FICTION and LIES when they’re covering the President of the United States,” Trump said…

Investing

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