Disney workers to vote on contract agreement for higher pay
Minimum pay will start at $18 dollars an hour now instead of $15 dollars and employees will see a raise faster.
Disney to begin laying off employees
Disney said it plans to lay off 7,000 total employees.
First Citizens to acquire troubled Silicon Valley Bank, FDIC says
Customers of Silicon Valley will automatically become customers of First Citizens, which is headquartered in North Carolina.
Disney World, union reach tentative deal for minimum wage increase
After months of back-and-forth negotiations, The Walt Disney Co. and the unions in Florida just reached an agreement on a pay raise.
Gender pay gap in US hasn’t changed much in two decades, report finds
New analysis from Pew Research finds that despite women earning more now than they did over 30 years ago, the disparity in pay for them compared to men has been stagnant.
Federal Reserve raises key interest rate by quarter-point
The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."
More people are delaying paying up front
An increasing number of shoppers are leaning on buy now, pay later services -- with many using it to foot the bill for groceries.
Amazon to cut 9,000 more jobs amid 'uncertain economy'
Amazon announced Monday that it plans to cut an additional 9,000 roles within the next few weeks amid the uncertain economic environment.
Banks offering highest interest rates on savings accounts in more than a decade
As the feds weigh whether to continue raising rates to curb inflation, one silver lining to the consumer can be seen in your savings account.
Study finds 186 banks vulnerable to Silicon Valley Bank-like collapse
A new study says that, depending on certain market conditions, nearly 200 U.S. banks could be vulnerable to the same fate as Silicon Valley Bank.
Egg prices so high, Dollar Tree pulls them from shelves completely
Eggs will make a return to Dollar Tree when prices fall.
LinkedIn tests AI tools to help write profiles, job descriptions
The AI-powered features will begin testing today before being rolled out to LinkedIn Premium subscribers.
Disney workers rally for a raise in march outside Florida parks
Dozens of workers at Walt Disney World Resort marched and chanted outside the Florida theme parks on Thursday, rallying for a raise.
Egg prices still up 55% over last year despite slight reduction in February
In the CPI data, egg prices in February posted a 55% increase in the one-year span from the same month the prior year.
Florida's January job report showed unemployment at 2.6%
With service-related jobs topping employment gains, Florida’s unemployment rate dipped slightly as 2023 began.
Silicon Valley Bank seized by regulators
Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.
To tip or not to tip? 'Tipflation' changing culture of gratuities
When it comes to dining out, getting a haircut, or grabbing a cup of coffee, the big question is: to tip or not to tip, and how much?
Starbucks' Howard Schultz agrees to testify before Senate committee amid unionization campaign
Howard Schultz has agreed to appear before a U.S. Senate committee that is examining Starbucks' actions amid an ongoing unionization campaign.
Powell signals increased interest rate hikes if economy stays strong
Chair Jerome Powell's comments raise the possibility that the Fed will increase its key interest rate by a half-percentage point at its next meeting, after having carried out a quarter-point hike in February.
Housing affordability is at the lowest level in over a decade
Home prices are finally falling after hitting an all-time high in 2022, but ownership is still out of reach for many Americans.