Amazon has become the latest technological corporation to lay off staff, whom it had only recently fought to keep. This year, the e-commerce behemoth more than quadrupled the cash compensation threshold for its tech staff, citing “an extremely competitive labor market.”
Inflation-Focused Voters Resist Biden’s Attempt to Change the Subject Efforts by the president and his supporters to divert the debate to labor market recovery, and other accomplishments are failing to gain momentum.
As the holidays approach, many Americans begin to plan their Thanksgiving and Christmas sweets and dinners. Butter is, however, a scarce commodity. According to the Wall Street Journal, butter is becoming increasingly scarce and costly due to declining milk output and staffing constraints at food processing factories. The last time the United States had such … Read more
Utility users in the United States, who are already facing some of the highest bills in years, are expected to spend considerably more this winter as natural-gas prices continue to rise.
The rate increases are expected to bring down inflation, but will also cause pain for households and businesses, said Powell. He added that it would be far more painful if we didn’t restore price stability.
Following Mr. Powell’s remarks, which were unusually brief for such an event, U.S. stocks fell sharply, and bond prices edged lower