Bloomberg columnists Justin Fox and Allison Schrager have each pointed out, it’s front-line and blue-collar workers — not office workers — who have been leaving their jobs at historically high rates. And even so, the quits rate is still only about 3%. And it’s a metric we’ve only tracked for about 20 years. But managers still need to remember: ...

  A further spike in US inflation — prices were 7.5% higher than a year ago, the fastest increase for 40 years — was the last the thing the Federal Reserve wanted to see as it weighed its next moves in monetary policy. It had led investors to expect a very gradual increase in interest rates starting next month. Already ...

  Bloomberg Hong Kong reported another record number of coronavirus cases, as well as two more deaths, with the worsening outbreak straining health-care resources and ramping up pressure on the government’s steadfast push for Covid Zero. Authorities announced 1,325 infections on Friday, alongside more than 1,500 preliminary positive cases. That’s up from just 614 on Monday. The city said it ...