A U.S Federal consumer watchdog agency has issued a new rule that will prevent credit card companies and banks from requiring customers to agree to settle disputes by arbitration rather than going to court. The Consumer Financial Protection Bureau explained: “Hundreds of millions of contracts for consumer financial products and services have included mandatory arbitration …
Back in the 1990s, people thought Jeff Bezos aspired to run an online bookshop. They badly underestimated the scale of his ambition. Today, Amazon sells everything, and offers an array of other services, from cloud computing to TV streaming. In the US it accounts for 43% of online retail sales and 74% of e-book sales; …
The following is a contribution from Sally Perkins of senioradvisor.com. She contacted me on the subject of stress, which was a matter of concern to Epicurus, who laid particular emphasis on the importance of peace of mind: https://www.senioradvisor.com/blog/2016/08/the-many-negative-effects-of-stress-on-health/. “Mental health is a topic that’s growing in importance around the world. From mental health of young …
Are robots about to make us all redundant? That’s today’s big scare story, says Sonia Sodha. But it’s a “dangerous distraction”. The real threat to the labour market is that many workplaces, far from becoming too “futuristic”, are reverting to “quasi-Victorian labour exploitation”. The recent revival of our garment industry, for example – tight turnaround …
The signs are that life for British citizens is about to get a lot tougher. After two-and-a-half years of modest economic recovery, rising inflation (due to hit 3% later this year) and stagnant wage growth will start eroding the real value of people’s pay packets. That, in turn, will have a damaging effect on growth …
