News That Matters

Finance

How to find (and snag) a hidden job

How to find (and snag) a hidden job

Finance
Asking for a raise: Women vs. menWhen you're looking for a job -- obsessively scanning job boards, sending out applications -- and not hearing anything back, it can begin to feel like you're all alone. But a job coach says the reason you're not getting a response may be because your job search is too crowded. Employers aren't getting back to you because they are overwhelmed with applications. Maybe they already have an in-house candidate. In some cases the job advertised does not even exist, says Sharmeen Akbani Gangat, founder of TheHiddenJob.com. Stop spinning your wheels and take control of your job search, she says. "The hiring process is as tedious for the hiring manager as it is for the job seeker," says Akbani Gangat. "What they prefer doing is asking around instead of going thro...
Five hidden risks you'll face if you rent your home for the summer

Five hidden risks you'll face if you rent your home for the summer

Finance
Summer's here, and that means plenty of opportunity — and risk — awaits beach-house owners who would like to rent out their dwellings over the short term.Reservations at Airbnb are up sharply year-over-year for beachside destinations, at home and abroad. Havana, Cuba — where you can rent a swanky seaside home for $ 526 a night — has experienced a 940 percent increase in bookings.In the U.S., travelers are interested in Destin, Florida, where Airbnb reservations climbed by 232 percent from last year. There, a two-bedroom condo with private beach access will run for $ 229 a night.Though these short-term rentals can be lucrative, homeowners and renters should do their homework before listing their properties.Failure to do so can put you on the wrong side of local zoning regulations, your la
Now bitcoin is crashing along with the drop in technology stocks

Now bitcoin is crashing along with the drop in technology stocks

Finance
Bitcoin suddenly plummeted Monday, after jumping over the weekend to an all-time high.The decline came as major U.S. technology stocks fell for a second straight day on concerns that the sector has risen to unsustainable levels.At least two major bitcoin exchanges also had problems Monday. "Coinbase is currently experiencing high traffic & customers have receive(d) a 'service unavailable' message when visiting Coinbase.com," according to a statement on the exchange's status website dated June 12 at 2:08 p.m. ET.The exchange accounts for nearly 17 percent of U.S. dollar-denominated bitcoin trade volume, according to Cryptocompare, and had reported outages in late May amid "unprecedented traffic and trading." The BTC-E exchange tweeted at 2:06 p.m., ET, that it was hit by distributed den...
Should animals be allowed to roam freely on jets?

Should animals be allowed to roam freely on jets?

Finance
FLYING can be a stressful and nerve-wracking experience. For those with mental-health issues it must be doubly so. One way in which vulnerable travellers deal with their anxiety on a plane is to take on board an “emotional support animal” (ESA). Such creatures provide succour for their owners. Unlike guide dogs, they “do not require any kind of specialised training,”  according to CertaPet, an organisation that provides such services. “In fact,” reckons CertaPet, “very little training is required at all, provided that the animal in question is reasonably well behaved by normal standards.”That sounds like an easy and effective way to help sufferers. It was distressing to read, therefore, of the emotional support dog that mauled a passenger on Delta flight from Atlanta to San Diego earlier t
A new paper rekindles a tiresome debate on immigration and wages

A new paper rekindles a tiresome debate on immigration and wages

Finance
WHAT effect do immigrants have on native wages? It’s perhaps one of the most important questions of labour economics. It's also one that is largely unanswerable. The problem is that it's almost impossible to separate cause and effect. If a country with high rates of immigration also sees strong wage growth, we can’t assume that immigrants are boosting wages—it may well be the case that the migrants are choosing to move to places with stronger economies.One approach to getting around this problem is to find a natural experiment in which either the supply of or demand for labour changes exogenously. Perhaps the most famous example of such an event in labour economics is the Mariel Boatlift. In 1980, Fidel Castro, then president of Cuba, eased emmigration restrictions. Some 125,000 Cubans mov