Category: Economy

Chipotle looks to hire 15,000 amid continuing labor shortage

Restaurants are beginning the new year with a recurring problem: labor shortages. Chipotle said Thursday it’s looking to hire 15,000 people in North America to ensure its stores are staffed up ahead of its busy spring season. Other chains are also looking for workers: Taco Bell has more than 25,000 listings for crew members posted …

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The surprising economics about your bucket of range balls | Golf News and Tour Information

A bucket of range balls will cost you $5 at Rock Hill Golf & Country Club in Manorville, NY—one of the premier public courses on the south shore of Long Island, right before you get to the Hamptons. However, today, the quality of that deal is little comfort to Golf Digest 50 Best Teacher Michael …

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Bed Bath & Beyond can’t pay creditors, bankruptcy looms

FOX Business host Stuart Varney argues Biden’s economic remarks are a ‘distraction from his document fiasco.’ Bed Bath & Beyond edged closer to bankruptcy with a dire financial disclosure. The domestic merchandise retailer announced Thursday that it cannot pay debt that suddenly came due when credit administrator JPMorgan slapped the company with a notice of …

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Forget ‘Quiet Quitting,’ 2023 Will Be All About ‘Loud Layoffs’

Most Americans are not looking to change jobs this year, exclusive polling for Newsweek reveals Tech companies such as Amazon, Meta and Twitter have announced deep cuts to their workforce following increased hiring in the pandemic The threat of recession is fueling anxiety for both workers and businesses From the Great Resignation of 2021 to …

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Ex-Google Employee Gets Laid Off During a Business Trip

An ex-YouTube employee has gone viral on TikTok after sharing the story of her abrupt termination in the middle of a business trip. Kimberly Díaz, a former global marketer specializing in influencer marketing at parent company Google, was one of the unlucky 12,000 Google employees laid off last Friday. She joins a chorus of ex-Google …

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US inflation roller coaster prompts fresh look at long-ignored money supply

NEW YORK, Jan 26 (Reuters) – The amount of money sloshing around the US economy shrank last year for the first time on record, a development that some economists believe bolsters the case for US inflation pressures continuing to abate. The Federal Reserve’s main measure of the nation’s money stock – known as M2 money …

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US GDP grew at a 2.9% pace in the fourth quarter as the economy cools

Former Reagan economic adviser Art Laffer discusses the GDP’s reaction to President Biden’s fiscal policies and weighs in on the consequences of the student loan handout. The US economy ended 2022 on solid footing, but momentum seems to have cooled slightly as consumers confront the dual threat of stubbornly high inflation and rising interest rates. …

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I voted for the Inflation Reduction Act and it’s already saving Americans money

NEWYou can now listen to Fox News articles! Patricia lives in Orange County, Virginia. She turns 75 this year, and she is on Medicare. Despite her family history with shingles, Patricia was unable to get the shingles vaccine — that was, until the Inflation Reduction Act made it free for hundreds of thousands of Virginia …

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Gas prices could reach $4 by April — ‘maybe sooner’: Analyst

Get ready for gas prices to rise again going into spring. A gallon of driving fuel could go back above $4, according to GasBuddy petroleum analyst Patrick De Haan. “It’s a question of when, not if. I think something like that could happen by potentially April, maybe sooner,” said De Haan. “I think motorists are …

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