Federal Reserve expected to hike interest rates this week, despite Ukraine volatility
The Federal Reserve is expected to begin raising interest rates this week for the first time in three years as policymakers look to cool red-hot inflation, a move that comes at a precarious time for the U.S. economy as it confronts a continuing pandemic and a war in Europe.
Google launching job training, placement initiative through $100M career certificates fund
Google is launching an initiative that they say will help more than 20,000 Americans with job training and placement through its $100 million Google Career Certificates Fund.
Peloton instructors spared from job cuts as company eliminates 2,800 global roles
Peloton instructors are being spared from the fitness company’s job cutback and “restructuring program,” which is expected to result in around $130 million in severance payouts and other exit activities to approximately 2,800 employees around the world.
Biden praises surprisingly strong jobs report: 'America is back to work'
President Biden touted U.S. job growth on Friday as it soared past expectations, adding 467,000 new jobs, even amid the surge in cases of the highly transmissible omicron variant of COVID-19.
Economists worry wages can’t keep up with inflation
University of Chicago Professor Austan Goolsbee and former Trump economic adviser Steve Moore warn rising consumer and oil prices will hurt wages and consumer confidence.
Economy experts react to ‘flat-out great’ jobs report
University of Chicago Professor Austan Goolsbee and former Trump economic adviser Steve Moore says there’s not much to complain about the January jobs report.
Illinois pizzeria owner begs for help as future of workforce hangs in the balance
An Illinois pizzeria owner said that he is begging for help as the future of the workforce hangs in the balance while business owners deal with labor shortages and government funding comes to an end.
South Carolina restaurant offers in-house child care for employees' kids
McGee's Scot Irish Pub, in South Carolina, is called a pub, it’s really more of a restaurant. And now it includes a closed-off room with a licensed child care provider.
WATCH NOW: Investing in BlackRock hurts West Virginians, treasurer says, 'a clear conflict of interest'
West Virginia Treasurer pulls banking contracts from BlackRock over anti-energy concerns.
Omicron, worker shortage disrupts US manufacturing
Generac Power Systems in Wisconsin is dealing with more than 200 open positions and rising input costs as demand for its products continues to soar, its CEO Aaron Jagdfeld noted.
Arizona CEO's answer to 'Great Resignation' is offering $5K bonuses for new hires to quit
An Arizona CEO is offering a $5,000 bonus for new hires to quit after just two weeks into their new jobs as part of a unique approach to staff retention as a "great resignation" sweeps the American workforce.
San Francisco Burger King franchisee owes $1.9 million to former workers for wage theft
A San Francisco Burger King franchisee who owes $1.9 million in wages to more than 200 former employees has failed to make any payments and had closed down or sold all its locations in the city, according to lawyers for a group representing some former workers.
Texas will be 'the home for semiconductor manufacturing': Gov. Abbott
Texas Gov. Greg Abbott discusses the impact of companies moving their headquarters to the state, the rise of the omicron variant and the migrant surge.
Atlanta Fed president: Two rate hikes possible in 2022
Federal Reserve Bank of Atlanta president Raphael Bostic addresses inflation and new COVID concerns on 'Your World.'
Nursing homes warn Build Back Better could have 'devastating impact' on labor shortages and force closures
The nation’s largest nursing home association is sounding the alarm on President Biden’s social spending package, saying it could have a "devastating impact" and force thousands of long-term care facilities to limit admissions or close their doors.
Missouri school district hires its own students to ease labor shortage crunch
One Missouri school district has found a unique way to deal with the nationwide labor shortage: hire their own students for some positions.
Biden says White House must tackle rising inflation as consumer prices surge: 'More to be done'
President Biden on Friday acknowledged the White House needs to tackle rising inflation as higher prices for everyday goods squeeze American families, urging Congress to pass his sweeping economic agenda that he suggested could help quell the recent spike.
Starbucks to increase employee pay to attract workers
Starbucks is raising its U.S. employees’ pay and making other changes as the company deals with a challenging labor market and as a union effort looms.
Teacher shortages impacting schools nationwide
School across the nation report suffering from teacher shortages
Supply chain fears intensify as experts predict issues will carry into holiday season
Truckload Carriers Association's David Heller and small business owner Spencer Young on long-term solutions for supply chain disruptions