US firms’ ‘low firing’ approach may turn to more layoffs, Fed’s Barkin tells BBG

By Howard Schneider WASHINGTON (Reuters) – The "low-hiring, low-firing" approach that U.S. businesses currently take to their employment decisions is unlikely to last, Richmond Federal Reserve President Thomas Barkin said…

NSYNC’s Lance Bass Says He Was Misdiagnosed with Type 2 Diabetes, Instead Has Type 1.5

Singer Lance Bass revealed that he has type 1.5 diabetes, also known as latent autoimmune diabetes in adults (LADA). This is a form of diabetes that develops in adulthood, generally…

Keto Diet May Raise ‘Bad’ LDL Cholesterol, Reduce ‘Good’ Gut Bacteria

A new study compared the keto diet with a diet low in added sugars and found that both diets reduced fat mass compared to a control diet. However, the keto…

What Happens to Your Bank Account After Death?

Several things can happen to your bank account after you die. This depends on the type of account, how it was set up before you died, and whether you have…

What Is a Banking Desert?

What Is a Banking Desert? A banking desert is a census tract or neighborhood which has no bank branches in it or within 10 miles of its center. Economists at…

2025: SLATs on the Brink of a Rapid Rise in Popularity?

The 2010 Tax Relief Act temporarily increased the federal estate and gift tax exemption to $5 million per individual, a significant rise from prior years. As the 2012 fiscal cliff…

Libyan Rival Government to Stop Oil Output Over Bank Row

(Bloomberg) — Libya’s eastern government said it will shut down all oil production and exports, after a spat with its Tripoli-based rival escalated over control of the central bank. Most…

Exxon forecasts 2050 oil demand to match today’s, 25% above BP estimate

By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil said on Monday it expects crude demand to stay above 100 million barrels per day (bpd) through 2050, similar to today's levels,…

Ricezempic Is Trending on TikTok, But Does the ‘Ozempic Alternative’ Really Work?

TikTokers are drinking Ricezempic – a drink made from discarded rice water – to aid weight loss. They claim that the drink is full of resistant starches that suppress appetite…

Kratom Use Rising Despite Warnings of Cardiac Arrest, Seizures: What to Know

Kratom is an herbal leaf from a tropical evergreen tree that is used as a stimulant, mood enhancer, or sedative. As kratom use increases in young people, physicians should routinely…