Author: Press Room

andresr | E+ | Getty ImagesMore than 50 million workers quit their jobs in 2022, according to federal data, breaking a record set the year prior and demonstrating the resilience of a hot labor market characterized by ample job opportunity.The trend of workers voluntarily leaving their jobs began in early 2021, as the U.S. economy emerged from its pandemic-era hibernation and job openings soared to historic highs.But while quitting a job “was the 2021 story, 2022 was the real year of the Great Resignation,” said Julia Pollak, chief economist at ZipRecruiter.More from Personal Finance:U.S. unemployment system still plagued by delaysDespite…

EXCLUSIVE: Dennis Rader, the “Bind, Torture, Kill” serial killer commonly known as BTK, says he can relate, in some ways, to Idaho student murders suspect Bryan Kohberger.After his arrest in 2005, he spent months behind bars awaiting court proceedings.”Since I spent from Feb. 2005 to April 2005 in a cell by myself I know how he feels,” he told Fox News Digital. “Very lonely.”He met with his defense attorney every day, he added, and found ways to pass the time.IDAHO MURDERS SUSPECT BRYAN KOHBERGER STUDIED UNDER EXPERT ON SERIAL KILLER BTK; DAUGHTER ‘SICK’ AT NEWS During frequent meetings with his…

A South Korean court ruled Wednesday that a 14th century Korean Buddhist statue should be sent back to a Japanese temple from where it was stolen in 2012.The statue’s return had been put on hold for years after a South Korean temple claimed ownership of it, insisting that it was likely looted by medieval Japanese pirates before it ended up at a temple on Tsushima island, presumably in 1527.The South Korean temple is likely to appeal the ruling to the Supreme Court.SOUTH KOREA DROPS INDOOR MASK MANDATE, BUT MANY CONTINUE TO WEAR THEM AS CONCERNS LINGERJapanese Chief Cabinet Secretary Hirokazu…

Airbus and Qatar Airways have settled a bitter dispute over flaking paint on the European plane maker’s A350 wide-body jets, averting a potentially damaging and costly court trial in the UK this year. The aerospace group and Qatar, one of its largest customers, said on Wednesday that they had reached an “amicable and mutually agreeable” settlement and would discontinue their respective legal claims. The settlement agreement is “not an admission of liability for either party”, they added in a joint statement, noting that a “repair project” is under way to get the affected aircraft back into the air. Under the…

The leaders of Somalia, Djibouti, Ethiopia and Kenya have agreed on a joint “search and destroy” military campaign against the Somali al-Shabab Islamic militant group that has carried out attacks in the region — including firing mortars near the meeting venue in Mogadishu before officials gathered Wednesday.In a joint communique issued after the meeting in Somalia’s capital, the four heads of state said the operation would “prevent any future infiltrating elements into the wider region.””The Summit agreed to make the final push for joint operations in the areas that remain under the terrorists to completely liberate the whole of Somalia…

Florida Republican Gov. Ron DeSantis unveiled his $114.8 billion budget proposal Wednesday that would include permanent sales tax exemptions on all baby necessities like strollers and formula, pet meds, and even the embattled gas stove.The governor’s “Framework for Freedom” for the 2023 state budget proposes four permanent sales tax holidays totaling $1.5 billion on baby and toddler necessities, cribs and strollers, over-the-counter pet medications and gas stoves. “It’s hard enough raising kids as it is,” DeSantis said at the Florida State Capitol. “Now, you get baby food, diapers, wipes, baby clothes, the whole shebang, including things like cribs and strollers, which are very,…

A strong, shallow earthquake shook a mountainous region in the southeastern Philippines on Wednesday, but there were no immediate reports of major damage or injuries, officials said.The 6.1 magnitude quake, which was triggered by a local fault, struck about 14 kilometers 8.7 miles northeast of New Bataan town in the coastal province of Davao de Oro at a depth of 6.8 miles, the Philippine Institute of Volcanology and Seismology said.Several southern cities and provinces were rocked by the quake, the government institute said, adding that it was expecting aftershocks.CALIFORNIA EARTHQUAKE ON NEW YEARS DAY DAMAGES AT LEAST 20 APARTMENTS Davao…

Militants fired a rocket into Israel’s south on Wednesday, the army said, setting off sirens and raising already heightened tensions under the country’s new ultranationalist government.The rocket from the Gaza Strip was intercepted, according to the military. Israel usually responds to rocket fire with airstrikes, raising the possibility of further escalation.Local residents reported hearing explosions. Israel’s rescue service said it received no reports of injuries except for a 50-year-old woman who slipped and fell while running to a shelter.2 PALESTINIANS KILLED IN SEPARATE VIOLENT CONFRONTATIONS WITH ISRAELIS IN THE WEST BANKItamar Ben-Gvir, Israel’s national security minister, said the rocket fire…

In October, Peloton’s new chief executive, Barry McCarthy, said the pandemic’s stage winner had six months to rediscover its balance. A nascent recovery has come ahead of schedule. On Wednesday, the stationary bike maker said that in the fourth quarter it just broke even on its preferred measure of free cash flow. That is a turnround from a deficit of more than $700mn just three quarters ago. McCarthy has tried hard to reorient Peloton away from a capital-intensive, unprofitable hardware peddler towards becoming a slick provider of “Fitness-as-a-Service”. Peloton may now provide a model for other growth high-fliers unequipped to…

A dozen squirrel monkeys were stolen from a Louisiana zoo Saturday, less than two days before a pair of monkeys were stolen from the Dallas Zoo, officials say. The person who stole the animals in Louisiana broke into Zoosiana in Broussard — a city about 7 miles southeast of Lafayette — just before midnight and stole the animals from a squirrel monkey exhibit, the zoo said in a Facebook post. “It’s a very sad situation, obviously, we’re heartbroken,” Zoosania General Manager Matt Oldenburg told the NBC affiliate KLAF of Lafayette.The zoo’s veterinarian and animal care team have inspected the remaining monkeys and…