How the world's biggest four-day workweek trial changed people's lives
CNN
Workers are fed up. More than two years into the pandemic, many have burned out, quit their jobs or are struggling to make ends meet as record inflation takes a huge bite out of their paychecks.
More than two years into the pandemic, many have burned out, quit their jobs or are struggling to make ends meet as record inflation takes a huge bite out of their paychecks.
But, for the past eight weeks, thousands of people in the United Kingdom have tested a four-day schedule — with no cut to their pay — that could help usher in a new era of work.
Federal Reserve officials have been saying for months they need to see more convincing data demonstrating that inflation is on a sustainable path to 2% before they can feel comfortable cutting rates. Last month’s unexpectedly hot Consumer Price Index report is the exact opposite of that. That’s why Fed Chair Powell conveyed on Tuesday the central bank won’t be cutting interest rates any time soon.