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Economist Slok: There Is No Need for Fed to Cut Rates

Economist Slok: There Is No Need for Fed to Cut Rates

Bloomberga day ago
Torsten Slok, chief economist at Apollo, reacts to the June US jobs report, which saw the unemployment rate move down to 4.1% with job growth that exceeded expectations for a fourth straight month. (Source: Bloomberg)
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'The World Is Set Up Against Families With Two Working Parents' – A Couple Earning $260,000 Per Year Shares Their Struggle With Summer Camps
'The World Is Set Up Against Families With Two Working Parents' – A Couple Earning $260,000 Per Year Shares Their Struggle With Summer Camps

Yahoo

time17 minutes ago

  • Yahoo

'The World Is Set Up Against Families With Two Working Parents' – A Couple Earning $260,000 Per Year Shares Their Struggle With Summer Camps

Many children look forward to summer getting started. After nine months of sitting at desks, writing notes, and taking exams, they're ready for a more flexible schedule. However, these summer vacations are stressful for many parents. They have to plan camp trips and keep their children busy while juggling full-time work. This concern recently made its way into the HENRY Finance Reddit community. This group is filled with high earners who aren't rich yet, and many of them explained how challenging it is to take care of the kids during summer. "The world is set up against families with two working parents," the original poster mentioned. Don't Miss: Maximize saving for your retirement and cut down on taxes: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. The couple, with one of the spouses being the original poster, earns a combined $260,000 per year. They have a 3-year-old in daycare and a 6-year-old in a summer program that has been disappointing so far. Other Redditors shared their experiences with raising children during the summer and how they are navigating the current environment. One of the top comments came from a Redditor who encouraged the community to give gyms a try. Many gyms have activities for children and offer structured activities. The commenter specifically mentioned two gyms that offer a wide range of activities. "Both the YMCA and Lifetime Fitness do full summer camps with drop-off and pick-up flexibility. All day programming, but time by the pool, weekly fieldtrips, etc." If you work out at the gym each day, you may want to take your kids with you during some of those days. That way, they're getting in good exercise, which will let them use their energy early in the day. Trending: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — Many Redditors emphasized the value of creating structure in your children's schedules. Some parents were stay-at-home moms until they saw it was too hard for them to commit to structured schedules for their children at a consistent rate. It's also an uphill battle since many parents in the neighborhood may also have their kids in a summer camp. This trend plays out in many areas, and it gives parents fewer options for their kids if they don't want to embark on a summer program. "We would all be miserable with an extended period of no structure," one Redditor stated. Another person commented right under that post in you have to work to put food on the table, you don't want to overdo it either. It makes more sense to work extra hours and pursue every good opportunity when you are single, but the dynamic shifts for many people when they become adults. One Redditor summed this trend up nicely. "Make sure you are spending time wisely at work and not just working for work's sake. Cut back rigorously on [stuff] that doesn't matter. When I had no kids, I put in 60 hours regularly; as a parent, I put in 35-45, depending on the situation. My performance reviews never got worse." The original poster responded to the comments with some thoughts and a career journey that encapsulates many individuals who are grappling between their work and being present for their children. "My current work is actually closing in the middle of July. And I've already lined something else up, but it's gonna take a little [time] to be credentialed, and so I am going to pull the kids from everything and spend some nice weeks with them at home. But the new job is definitely gonna be longer hours at first. But, it's also good for the career. But, I don't want to forget what's important for sure." Read Next: The average American couple has saved this much money for retirement —?Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article 'The World Is Set Up Against Families With Two Working Parents' – A Couple Earning $260,000 Per Year Shares Their Struggle With Summer Camps originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

TotalEnergies Launches Quartz EV-Drive R 3.1 in Canada: A Milestone in Sustainable Innovation
TotalEnergies Launches Quartz EV-Drive R 3.1 in Canada: A Milestone in Sustainable Innovation

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TotalEnergies Launches Quartz EV-Drive R 3.1 in Canada: A Milestone in Sustainable Innovation

MONTREAL, July 8, 2025 /CNW/ - TotalEnergies Marketing Canada Inc. proudly announces the launch of Quartz EV-Drive R 3.1, a next-generation synthetic fluid engineered specifically for electric drivetrain reducers. This marks a significant milestone as TotalEnergies becomes the first major supplier in Canada to offer a fluid tailored to the extreme demands of modern electric vehicles (EVs), reinforcing our commitment to innovation and sustainability. Innovation at the CoreNew technical constraints for the electrification of vehicles require the development of new fluids that must meet the following properties. The Quartz EV-Drive R 3.1 is the result of years of advanced R&D and is designed to meet the rigorous requirements of high-speed, high-efficiency EV gearboxes. It features: Compatibility Augmented Technology : Compatibility properties with copper & insulating materials. Thermal Control : Thermal properties to enhance heat transfer & cooling capability. Insulation : Dielectric properties to prevent short-circuits and static charge build-up. This launch is part of a broader innovation roadmap that includes: Quartz 0W-8 ultra-low viscosity engine oil launched in 2024, developed to reduce friction and improve fuel economy in hybrid and electric vehicles. Fluidsyn launched in 2024, our high-performance synthetic base fluid platform that underpins many of our advanced formulations. Quartz 0W-12 launching this fall, which will further push the boundaries of efficiency and protection in next-gen powertrains. Driving Toward a Cleaner FutureThis launch is fully aligned with TotalEnergies' global ambition to achieve carbon neutrality by 2050, together with society. As part of our broader EV strategy, which includes fast-charging infrastructure and energy storage solutions, Quartz EV-Drive R 3.1 supports the transition to cleaner mobility by improving EV performance and lifespan. Leadership in the Canadian MarketWith this launch, TotalEnergies strengthens its leadership in the Canadian lubricants sector. The product will be available nationwide starting mid-June, with full support from our technical and marketing teams. Marketing MomentumA dynamic campaign is already underway, including a visually striking animated email banner designed to capture attention and reinforce the product's electric excellence. About TotalEnergies Marketing Canada Marketing Canada Inc., a subsidiary of TotalEnergies, has been manufacturing and distributing a full range of lubricants for the automotive, heavy-duty, and industrial vehicle markets across Canada since 2007, including fuel-economy engine oils, biodegradable lubricants, and high-performance greases. TotalEnergies Canada totalenergies_ca About TotalEnergiesTotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people. Media Contact at TotalEnergies Marketing CanadaRima ABOUASSALY l Cautionary NoteThe terms "TotalEnergies", "TotalEnergies company" or "Company" in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words "we", "us" and "our" may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies' financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC). SOURCE TotalEnergies Marketing Canada Inc View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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