Employees have long been sold the idea that working hard and outperforming their peers would lead to sizable pay hikes and title upgrades. But now, some companies are ditching merit-based wage bumps in favor of “peanut butter raises”—and it’s hurting employee morale. Around 36% of U.S. companies say they gave out standard, across-the-board pay increases
“So I guess movies aren’t dead after all?” That’s the understated reaction from Tom Rothman, chairman of Sony Pictures, after “Spider-Man: Brand New Day” obliterated box office expectations. The comic book adventure, starring Tom Holland as Marvel’s web-slinging hero, ignited to $360 million domestically and a mind-blowing $932 million globally, the biggest domestic and second-largest
WASHINGTON — President Donald Trump has been losing his own battle to cut interest rates. The president likes to vilify high rates as an affront to the size and strength of the U.S. economy, saying that America deserves the cheapest borrowing costs in the world. Trump for months publicly pressured the Federal Reserve to slash
Anxious about the surprising dismissal of Ukraine’s reformist defense minister, The country’s front-line troops say they have found some solace in a new appointment to another key role in the war: that of commander in chief. Ukrainian President Volodymyr Zelenskyy appointed the 43-year-old Brigadier General. General Mykhailo Drapatyi will be named the country’s new top
Marina Demeshko/iStockphoto/Getty Images seven years ago, He New Yorker Copywriter Jia Tolentino is widely credited with coining the term “Instagram face” to describe a beauty standard she noticed emerging on social media among white female influencers. “The face looked like the beauty filters that Snapchat and Instagram provided to lift the cheeks, plump the lips,
SPOILER ALERT: This article contains spoilers for “House of the Dragon” Season 3, Episode 5, now streaming on HBO Max. In tonight’s episode of “House of the Dragon,” Ser Criston Cole (Fabien Frankel) proclaims that he is ready to die, and that he is ready to do so with honors. As the war to capture