The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market.
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The discount chain is winding down operations at its stores across California, Texas, Arizona and Nevada, as dollar stores nationwide buckle under inflation, shoplifting and other factors.
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U.S. employers added 303,000 jobs last month, and the unemployment rate dipped to 3.8%. Construction companies added 39,000 jobs, despite high interest rates.
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Autoworkers at Volkswagen's plant in Chattanooga, Tenn., will vote in mid-April on whether to join the United Auto Workers union. Mercedes workers in Tuscaloosa County, Ala., will soon follow.
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Marijuana legalization was expected to bring the industry out of the shadows. But in some states, the black market is alive and well.
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Alonyal Limited owns 225 McDonald's locations. McDonald's has recently faced boycotts after its Israel branch donated meals to the Israeli military.
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The average price has risen 30.1 cents over the past 23 days, including 2.3 cents Wednesday.
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The AWS layoffs follow other layoffs that happened at Amazon and its subsidiaries this year, including at Prime Video, the MGM Studios unit and Twitch, the social media platform owned by Amazon.
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The retailer banked big on the cashier-less tech. It's now out at Amazon Fresh stores in the U.S. But Amazon's grocery ambitions are only shapeshifting.
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San Diego County Treasurer-Tax Collector Dan McAllister Wednesday reminded property owners that there is only a week left to pay the second installment of their property taxes due April 10.
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The Taiwan Semiconductor Manufacturing Co., which makes more than 90% of world's most advanced chips, also halted production, but it plans to resume chipmaking overnight.
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