All articles tagged with #financial uncertainty
Originally Published 3 months ago — by MLB Trade Rumors
Bruce Bochy will not return as the Texas Rangers manager next year due to financial uncertainties and a focus on youth development, with the team planning to part ways and potentially appointing Skip Schumaker as the new manager.
Originally Published 1 year ago — by KWCH
Spirit AeroSystems has expressed 'substantial doubt' about its ability to continue operating due to financial strain exacerbated by a recent strike by Boeing machinists. The company, which is Boeing's largest supplier, is facing cash flow issues and requires additional liquidity to sustain operations over the next year. Boeing's plans to acquire Spirit in an all-stock deal come as it seeks to resume production of the 737 MAX following the strike's conclusion. Spirit is exploring options to address its financial challenges, while hundreds of its workers face furloughs.
Originally Published 1 year ago — by Yahoo Entertainment
As her child support payments from ex-husband Tom Cruise are set to end when their daughter turns 18, Katie Holmes is reportedly scrambling to find acting work to maintain her lavish lifestyle. Sources indicate that she is actively seeking roles and is eager to reestablish herself in the industry, as her own earnings pale in comparison to the support she has been receiving. Additionally, there is speculation that she may consider leveraging her expired non-disclosure agreement for financial gain.
Originally Published 2 years ago — by The Guardian
Thousands of couples, skilled workers, international students, and health and care workers in the UK are facing separation and financial uncertainty due to the government's overhaul of immigration rules. The new rules, set to take effect next spring, increase the minimum income requirement for bringing family members or partners from abroad to £38,700, up from £18,700. This change will make it difficult for many to renew visas or bring loved ones to the UK. The new policies have left individuals feeling stressed, demoralized, and considering leaving the country. The rules also impact international students' career prospects and could lead to a lack of trust in the UK's invitation to legal immigrants.
Originally Published 2 years ago — by Bloomberg
China Evergrande's mainland unit, Hengda Real Estate Group, has announced that it failed to make a payment of 4 billion yuan ($547 million) in principal and interest on a bond, adding to the uncertainty surrounding the fate of the embattled developer amidst the country's ongoing property crisis.
Originally Published 2 years ago — by Fortune
Financial uncertainty is causing intense worry and depression among millennials, with 54% reporting that financial anxiety is making them depressed. This is higher than Gen Z (47%) and boomers (20%). Factors contributing to this anxiety include high debt loads, previous recessions, and the impact of climate change. The COVID-19 pandemic has further exacerbated these concerns. Younger generations have had less time to build savings and face challenges such as inflation and housing costs. Experts recommend acknowledging emotions, seeking therapy, and being realistic with budgets. However, there is hope as millennials and Gen Z are starting to save and invest earlier, which can help build a safety net over time.
Originally Published 2 years ago — by CBS News
Pope Francis has urged Italian politicians to take action to tackle financial uncertainty that has made having children a "titanic effort" feasible only for the rich. Italy has the lowest birth rate in Europe, and experts say at least 500,000 births are needed annually to prevent the country's social security system from collapsing. The Italian economy minister warned this week that the country's GDP could drop by 18% over the next 20 years if the trend is not reversed. The leader of the Catholic Church has taken part in the annual birth rate event for three consecutive years, calling on leaders to address low birth rates in Western countries immediately.