Business
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The U.S. labor market has been characterized as a ‘no hire, no fire’ landscape for much of the past year. But ‘no hire, more fire’ increasingly looks more accurate, providing further ammunition for the Federal Reserve to cut interest rates. Retail giant Amazon on Tuesday announced 14,000 layoffs, with more to come next year, while […]
Even the joy of Halloween will cost more this year, with less chocolate than in years past. Expect more packages of tangy gummies, riding off a meteoric high last year. Your kid’s trick-or-treat bag may be filled with a lot of pumpkin-spice-filled-anything. And like last year, cocoa bean industry experts are expecting high price tags to […]
Target announced it is cutting 1,800 corporate jobs, marking its first major layoffs in a decade, as it seeks to return to growth after four years of stagnant sales. The cuts, communicated in a memo from incoming CEO Michael Fiddelke, include about 1,000 layoffs and 800 positions that will remain unfilled, representing roughly 8% of […]
Several New York City restaurants now use virtual cashiers—workers in the Philippines who appear on screens via Zoom—to greet customers and take orders. The $3-an-hour workers are employed by Happy Cashier, a startup helping restaurants cut costs amid high rents and inflation. The practice is legal but has sparked backlash from labor advocates who warn it could […]
Rochester City Council voted Tuesday in favor of appropriations, loans and tax incentives for local development projects to provide affordable housing — while redeveloping an old building that had become a downtown eyesore and creating a new branch of the public library. Among them: Cain Properties’ redevelopment of the old Hotel Cadillac on Chestnut Street […]
Americans receive tens of millions of unsolicited automated calls and texts each day, often intended to dupe them into forking over personal information or money. That’s the thrust of a new report by U.S. PIRG Education Fund, a consumer advocacy organization, which found that scam and telemarketing calls and texts have proliferated across the country, […]
Americans will spend a record $13.1 billion on Halloween this year, but rising prices mean they’re getting less for their money. Costume and candy costs are up due to tariffs and inflation, with candy alone 8% higher. Average spending is $114.45 per person, $11 more than last year. Despite this, 73% of Americans still plan to celebrate. Consumer Alert: Halloween […]
Americans with employer-based health insurance are likely to see monthly premiums rise 6% to 7% in 2026, due to higher prices for specialty drugs and increasing use of medical services, according to a survey by consulting firm Mercer. The cost of health plans for employers will increase 6.5% next year, even once benefit design changes […]
The majority of parents (68%) feel pressure to spend on optional back-to-school shopping and activities, according to a new Yahoo/YouGov poll of 1,729 U.S. adults. And any parent will tell you, back-to-school spending goes well beyond the class supply list, as we shell out for everything from youth sports fees to after-school care and more. […]
If you had a Capital One 360 savings account between Sept. 2019 and June 2025, you may be eligible to receive payment as part of a $425 million settlement. According to a notice filed in the United States federal court in Alexandria, Virginia, Capital One customers filed a class action lawsuit against the bank in 2024. Earlier this […]
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