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crisis

A collection of 3 posts
living

2/3rd of businesses share concerns over employee mental health amid cost of living crisis

Per PwC UK Recent research by PwC UK revealed how two-thirds of businesses shared concerns regarding their employees' mental health. The concerns were specifically about how the cost of living crisis has affected them. This came as many businesses started to see na increase in mental health long-term leaves.
04 Jul 2023 1 min read
nyc

NYC spends around $8 million daily on asylum seekers in shelters

Per Bloomberg A new report by Bloomberg reveals the amount that New York City spends daily on asylum seekers currently in shelters. It was noted that in one day alone, the city spends a whopping $8 million on them, resulting in around $240 million monthly or around $2.9 billion
09 May 2023 1 min read
banks

722 banks had unrealized losses over 50% of their capital in Q3, 2022

Per Andrew Lokenauth on Twitter It was recently reported that in the third quarter of 2022, 722 banks had amassed massive unrealized losses over 50% of their capital, per Bitcoin.com. This could result in a hindrance to the bank's ability to meet potential unexpected liquidity needs. Lokenauth,
08 May 2023 1 min read
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