Tesla raised its prices on its electric vehicles for the second time in less than a week, pushed higher by inflation on raw materials and logistics due to the conflict in Ukraine. Russian troops continued to bombard the Ukrainian capital of Kyiv on Tuesday, where European Union leaders traveled to offer assistance. Experts say inflation will likely go even higher , raising the stakes for the Federal Reserve in its plans to raise rates this week.
Phased retirement programs are growing in popularity as executives grow more comfortable with flexible work arrangements and companies struggle to retain key workers amid a higher-than-expected rate of retirements. Human resource managers say the method is a way to “slow the brain drain” and manage shortages efficiently. Other employers continue to find new perks to attract top talent, such as egg freezing and other fertility benefits.
Following the two-year mark of the pandemic, education professionals say most of their fears about the impact on children at home have come true . Vulnerable and marginalized students were the most affected by disruptions in student learning and toxic environments at home, while preliminary data show that high school dropout rates trended up.
California has begun the process of building a new state agency that will be responsible for regulating Big Tech’s compliance with its consumer privacy law. A first of its kind, the agency must be built with no precedent and could serve as a model for other states that, frustrated with inaction in Congress, are enacting their own privacy laws.
Revenue from digital entertainment such as streaming ballooned last year to more than three times that of the global box office, according to a new report by the Motion Picture Association. The theatrical and digital markets for entertainment were roughly similar in size before the pandemic, but streaming subscriptions increased 14% last year.
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