Grocery prices are headed higher later this year, according the U.S.’s largest supermarket by sales. Cincinnati-based Kroger Co., which had $132 billion in sales last year, says inflation is running hotter than management previously anticipated and that…
A shortage of talent has pushed companies to offer sign-on bonuses of up to $100,000 for some high-end speciality jobs, an analysis of job advertisements from 4,000 of the world’s largest companies concluded. Sign-on bonus have…
A key part of Democrats' tax and spending plan involves raising levies on the top sliver of U.S. households, including restoring the top individual income rate to 39.6%. That new top rate – which reverses part of the…
Lululemon Athletica Inc. shares rallied in the extended session Wednesday and could break records on Thursday after the athleisure-apparel maker blew past Wall Street estimates for the quarter and hiked its full-year forecast by a…
White House Press Secretary Jen Psaki contradicted House Speaker Nancy Pelosi's assessment of how much of the $3.5 trillion reconciliation package will add to the debt, saying the entire package "is going to be paid for."…
The main argument against the benefits of deflation are the negative effects that deflation allegedly has on spending and consumption. So what does deflation really do to consumption? And is growth hindered as a result?
President Biden on Thursday, in laying out his administration’s response efforts to Hurricane Ida and wildfires in California, declared that the "climate crisis is here," while pushing Congress to take action in his government spending plan. During remarks…
U.S. hiring downshifted abruptly in August with the smallest jobs gain in seven months, complicating a potential decision by the Federal Reserve to begin scaling back monetary support by year end. Nonfarm payrolls increased 235,000…
As worker shortages drag on across the U.S., Vermont is trying to fill its employers' open positions by offering up to $7,500 to folks willing to take a job and move to the state. In order to take advantage of…
