A federal labor judge has ordered Starbucks to reinstate seven fired workers, reopen a shuttered location and stop infringing on workers’ rights after finding that the company violated labor laws “hundreds of times” during a unionization campaign in Buffalo, New York. The decision issued late Wednesday by Administrative Law Judge …
Read More »Americans in low
A history of earning low wages may be linked to a higher risk of death in middle age for American workers, according to a new study from Columbia University’s Mailman School of Public Health. Middle-aged workers who consistently earned low wages were 38% more likely to die over the course …
Read More »Tesla workers in Buffalo seek to form a union
Tesla workers at a plant in Buffalo, New York, announced a campaign to form what would be the electric car company’s first union, setting up a potential clash with CEO Elon Musk. Workers in Tesla’s Autopilot division emailed a letter Tuesday to management announcing their intent to unionize and asking …
Read More »Bed Bath & Beyond to close 87 more stores
Embattled home goods retail chain Bed Bath & Beyond is closing 87 stores as its financial travails continue. It will also close its entire chain of Harmon drugstores as well as five Buybuy Baby stores, the company said in a statement to CBS MoneyWatch. Bed Bath & Beyond said it …
Read More »Want your tax refund ASAP? Here are 5 pitfalls that can delay your check.
The typical U.S. tax refund, which averaged $3,200 in 2022, is often the biggest check a household receives all year. And with inflation still high, some measures show that roughly a third of Americans are counting on their 2023 refund checks to make ends meet. But getting that payment in …
Read More »Tesla cuts vehicle prices in bid to boost flagging demand
With its sales slowing and its stock price tumbling, Tesla slashed prices dramatically Friday on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest. The company dropped prices nearly 20% in the United States on …
Read More »CES 2023 highlights: Wireless TV, delivery robots and Arnold Schwarzenegger
Tech companies of all sizes are showing off their latest products at CES, formerly known as the Consumer Electronics Show. The show is getting back to normal after going completely virtual in 2021 and seeing a significant drop in 2022 attendance because of the pandemic. On Wednesday, big names like LG …
Read More »Average holiday debt jumps to $1,550 — an 8
Americans are now dealing with the aftermath of completing their holiday shopping during the highest inflation in four decades, with the average holiday debt load soaring 24% from last year to almost $1,550 — the highest amount in the eight years that LendingTree has tracked the trend. To be sure, …
Read More »Major oil spill in rural Kansas creek shuts down Keystone pipeline
An oil spill in a creek in northeastern Kansas shut down a major pipeline that carries oil from Canada to the Texas Gulf Coast, briefly causing oil prices to rise Thursday. It is the largest for an onshore crude pipeline in more than nine years and by far the biggest …
Read More »U.S. job openings and hires dipped in October, a sign of a cooling economy
U.S. job openings dropped in October but remained high, a sign that businesses became slightly less needy for workers as the Federal Reserve ramps up interest rates in an effort to cool the economy. Employers posted 10.3 million job vacancies in October, down from 10.7 million in September, the Labor …
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