Powerful CEOs worry about their job security as much as the rest of us do — in fact, maybe even more.
The big picture: An eye-popping 72% of CEOs are worried about losing their jobs due to the disruptions facing their industries, according to a new report out today from the global consulting firmAlixPartners.
What they're saying: "Taking executive action will also make clear to those who hinder Build Back Better that the White House and Democrats will deliver for Americans," wrote Jayapal, chair of the Congressional Progressive Caucus, in a Washington Post op-ed.
Ten of 2021's most extreme weather events in the world were driven by climate change and caused a total of $170.3 billion in damage — with the deadly Hurricane Ida that struck the U.S. the most costly, per a new study.
Why it matters: Each of the 10 most destructive weather events caused at least $1.5 billion in damage, and Ida cost $65 billion, according to the study by U.K. charity Christian Aid.
Holiday sales rose by 10.7% compared to the pre-pandemic 2019 holiday period, the fastest increase in 17 years, according to the Associated Press.
Why it matters: U.S. retail sales had initially struggled against the backdrop of rising prices, supply chain issues and labor shortages, as businesses emerged from the economic damage incurred at the height of the pandemic.