As the air turns crisp, the leaves turn red, and the days get shorter, it feels like it’s been forever since we were on vacation. And for a considerable share of Americans, it really has been a while since they took PTO: a new survey found that almost a quarter of employees haven’t taken one vacation day in the past year. And though the US was one of only 10 nations that worked more hours per year than the OECD average last year, at least we aren’t at the top?
A softer-than-expected CPI inflation report for September sent stocks off to the races on Friday, with the S&P 500 and Nasdaq 100 setting fresh intraday and closing record highs. The benchmark US stock index closed up 0.8%, the Nasdaq 100 gained 1%, and the Russell 2000 advanced about 1.2%.
