Colonial Pipeline Cyberattack // Restaurants Raising Wages? // Amanda Wallace of MassMutual - 5/10 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(7:02) - Discussing the ransomware cyberattack on the Colonial Pipeline. How significant is an attack like this, and what are the potential ramifications?(14:47) - Worker shortages are rampant nationwide across various industries, with most open positions being low-paying jobs.(24:07) - The restaurant industry is one of the hardest-hit industries affected by the worker shortage, and establishments are exploring ways to attract new employees. Could raising wages be the answer?(34:17) - Amanda Wallace, the head of insurance operations at MassMutual, joined the show today to discuss MassMutual's new survey that revealed 63% of Massachusetts residents are optimistic about their finances coming out of the pandemic. The survey also showed that 55% of parents find it difficult to manage their finances due to parenting, although 58% of those same parents said the pandemic has had a positive impact on their relationship with their children.