×
Saturday, April 18, 2026

Companies cut back on benefits - The Week

Here are three of the week's top pieces of financial insight, gathered from around the web:

Interest rates clobber small caps

Small-cap stocks have fallen way behind bigger peers, said Hardika Singh and Jack Pitcher in The Wall Street Journal. "The S&P 600, an index of small companies with an average market value of $1.8 billion," has rebounded somewhat on bets the Federal Reserve is done raising interest rates. However, it still "trails its large-cap counterpart by the widest margin in a calendar year since 1998," returning just 0.1% this year compared with 17% for the S&P 500. Higher rates have hurt smaller companies more than their larger peers, who can lock in borrowing costs years earlier. "Interest expenses have surged" for those not so fortunate. TV broadcaster E.W. Scripps said the $57 million it paid in interest in the third quarter exceeded its operating income.

Companies cut back on benefits

Employee perks are hitting the chopping block, said Irina Ivanova in Fortune. Tuition assistance, charitable-gift matching and even dental insurance are starting to be retracted from offers, according to a Glassdoor analysis of workplace trends. "Mobile phone discounts, which were available at a majority of employers six years ago, have fallen off a cliff." Same with gym memberships, "which were all the rage among tech-sector employers in 2019." Companies are looking to cut costs in a tight monetary environment and more benefits are coming under scrutiny. But not...



Read Full Story: https://news.google.com/rss/articles/CBMiO2h0dHBzOi8vdGhld2Vlay5jb20vYnVzaW5l...