Strong US jobs growth dampens talk of rate cuts
The US economy added 216,000 jobs in December and the unemployment rate was unchanged at 3.7%.
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More part-time workers to get access to employer retirement plans next year
Like many workers, saving for retirement wasn’t a priority for Mark Zimmermann. The 72 year old thought he’d always run the family dairy farm in Wisconsin, but that didn’t go as planned. “I struggled farming, I had too many disasters and was never able to put any money away,” Zimmermann told CNBC, speaking from an…
Boeing signals two-month delay to 737 production ramp-up | Reuters News Agency
Business & Finance 08 December 2023, 2:27 am 1 minute Reuters exclusively reported two significant stories in the aerospace sector on Thursday about U.S. plane maker Boeing. Reuters started the day breaking news about Boeing closing in on a Thai Airways plane order and then later in the day filed an exclusive about a two-month…
On Main Street, it’s time to prepare for the new state minimum wage hikes in 2024
A “Now Hiring” sign is posted in the drive thru of a McDonald’s restaurant on July 07, 2021 in San Rafael, California. Justin Sullivan | Getty Images More wage hikes are coming across U.S. states in 2024 and many Main Street businesses may feel the pinch. Not only are wages generally up from year-ago figures…
Starbucks Is In Hot Water — This Time For Allegedly Breaking The Law
Ella Clark didn’t have much time to goof around after she graduated from high school in June. The 18-year-old had to prepare for a federal hearing in San Francisco where she would square off with corporate lawyers representing the biggest coffee chain in the world. Clark believed Starbucks had violated her rights as she tried…
Bank Earnings Season Is About to Start. Here’s What to Expect.
Big banks held up well in 2023, even though the Federal Reserve continued to raise interest rates at a fast clip. Reports on fourth-quarter bank earnings, which start this week, should show how the banks’ customers fared in the harsher rate environment.  So far, households have continued to spend and borrow, despite higher borrowing costs,…
One California Lululemon Store Shows How Difficult It Can Be For Retail Workers In The Pandemic
Presented with a detailed list of the concerns from the half a dozen employees who spoke with BuzzFeed News, a Lululemon spokesperson provided the following statement for this story: “We adjust our operations based upon the guidelines within each state and jurisdiction, including in California. As the situation within the state continues to evolve, we…
