Arizona CEO's answer to 'Great Resignation' is offering $5K bonuses for new hires to quit
Chris Ronzio, CEO of software company Trainual, is offering a $5,000 bonus for new hires to quit after just two weeks into their new jobs.
Kellogg strike ends after employees approve new labor contract
Kellogg said Tuesday that the new contract provides immediate, across the board wage increases and enhanced benefits for all.
Hobby Lobby raises minimum wage to $18.50 an hour
Hobby Lobby workers will be getting a raise to ring in the new year. The craft store chain announced it will raise its minimum full-time hourly wage to $18.50, effective January 1, 2022.
US consumer inflation rate up 6.8% in past year, highest since 1982
Prices for U.S. consumers jumped 6.8% in November compared with a year earlier, the highest annual inflation rate in 39 years.
Gas prices projected to go down starting in 2022
The federal government said help is on the way, projecting people will spend less at the gas station in 2022.
US employers posted near-record 11 million open jobs in October
U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.
Debt ceiling: House passes bill paving way for increase ahead of deadline
The House passed a bill that will allow the Senate to raise the U.S. debt limit with a Democrats’ only majority vote, as the deadline draws near.
November jobs report: US employers added a sluggish 210,000 jobs
U.S. employers slowed the pace of their hiring in November, adding 210,000 jobs, as the economy contends with inflation and shortages.
US unemployment claims rise by 28,000, but still low at 222,000
U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.
Supply chain challenges continue for North Texas small businesses
President Biden reported the number of shipping containers sitting for more than eight days is down by more than 40% this month. But that is trickling down slowly to small businesses.
Biden to discuss plans to alleviate supply chain woes, inflation ahead of holidays
Rising inflation is leading to price increases for millions around the world, forcing people to choose between digging deeper into their pockets or tightening their belts.
North Texas Black Friday shoppers see some higher prices, empty shelves
The day after Thanksgiving typically marks the unofficial beginning of the holiday shopping season, but stores in recent years have put less emphasis on it. This year, many may see higher prices and empty shelves due to the supply chain crisis.
Stocks sink on new COVID variant; Dow loses 1,000 points
A day after the Stock Market was closed for Thanksgiving, news of a new COVID-19 variant sent stocks falling, with the Dow losing 1,000 points.
Supply chain crisis limiting selection at North Texas liquor stores
North Texas liquor store owners say it might appear they have plenty to choose from, but make no mistake that supply chain issues have them struggling to maintain more than ever before. The issues are leading their suppliers to raise prices, so stores raise prices on customers.
Unemployment benefits claims hit 52-year low after seasonal adjustments
Seasonal adjustments around the Thanksgiving holiday contributed significantly to the bigger-than-expected drop. Unadjusted, claims actually ticked up by more than 18,000 to nearly 259,000.
President Biden aims to do what presidents often can't: Beat inflation
Over the years, American presidents have tried, and mostly floundered, in their efforts to quell the economic and political menace of consumer inflation. Now, President Joe Biden is giving it a shot.
Samsung to build $17B chip manufacturing plant in Taylor
The Taylor factory is set to be 1200 acres larger than the one in Austin. Construction will begin in early 2022 with a target of production start in the second half of 2024.
North Texans prepare for pain at the pump for Thanksgiving travel
North Texans are definitely feeling the pain at the pump. And while it is not enough to stand in the way of Thanksgiving with family, people say they will have to start making other cuts. And don't expect prices to come down anytime soon as a result of President Biden's move to tap into the strategic oil reserves.
Dollar Tree doubles down on pricing items over $1
Dollar Tree will charge $1.25 for the majority of its products across all of its locations nationwide by the end of April.
Jerome Powell nominated for 2nd term as Fed chair amid surging inflation
Biden's decision, reached after extensive consideration, strikes a note of continuity and bipartisanship at a time when surging inflation is burdening households and raising risks to the economy's recovery.