Fox Business

E-commerce giant Amazon is preparing its most aggressive move yet against China-linked discount online retailers Temu and Shein with a bargain shop of its own.

Amazon launching Shein, Temu competitor with direct shipping from China

A new survey published by the Federal Reserve Bank of Philadelphia shows even Americans earning more than six figures are worried about making ends meet.

Wealthy Americans are anxious about making ends meet

Los Angeles, CA

The former home of Hollywood icon Marilyn Monroe was declared a historic cultural monument Wednesday by the Los Angeles City Council, preventing it from being torn down by its current owners.

Marilyn Monroe’s former LA home declared historic cultural monument, stopping demolition

Markets Insider

The US is heading into a bankruptcy cycle that could spark more job losses, Danielle DiMartino Booth said. The veteran forecaster pointed to the rise in large bankruptcies so far this year. June could see a rise in large bankruptcies, raising unemployment, she predicted. A wave of large bankruptcies is...

The US economy is headed into a corporate bankruptcy cycle that will spike unemployment, veteran forecaster says

Companies are becoming more fond of part timers these days.

US employers want more part-time workers. Here’s what that means

TheStreet

Mortgages are the most common path to homeownership. How much have Americans borrowed to pay for their homes, and what’s the average monthly mortgage payment?

How much mortgage debt do Americans have on average?

If current financial trends continue, the American middle class may find certain once-affordable items slipping out of reach. In the next five years, the costs of housing, healthcare, and transportation could surpass the average American household’s budget. Though this trend is troubling, there are things that can help, like...

5 Years From Now, Middle-Class Americans Won’t Be Able To Afford These 19 Things

As the jobs market appears to be cooling, there are three roles that are still red hot. In April, there were 8.06 million available jobs posted in the U.S. — the lowest level since February 2021, according to the Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) report. In all, the U.S. added a higher-than-anticipated 272,000 jobs in May.

The 3 hottest jobs right now

A record number of millionaires could leave the United Kingdom this year as political turmoil and the potential for higher taxes under a future Labour government reduce the appeal of what was once among the top destinations for the rich.

Millionaires are fleeing Britain in their thousands

Typical household incomes went up by just £140 a year on average in the last 14 years, according to the Resolution Foundation.

Incomes have risen 'at a crawl' says think tank

It's not the pay or the perks causing American workers to disengage. It's the lack of purpose. While news about "quiet quitters" spread like wildfire in 2022, things have actually gotten worse in America's workplaces since that viral trend lost steam. Engagement at work has hit an 11-year low, Gallup's long-running survey of US employees found — in February only 30% of US workers reported being fully engaged with their jobs. Plenty of ink has been spilled trying to understand the causes of this growing crisis. Is it remote work? Layoffs? An increasing lack of loyalty among employers?

Why So Many Americans Hate Their Jobs

Wells Fargo analysts looked into how much food will cost for families slated to hold Fourth of July barbeques. Home cooked meals will save consumers a substantial amount.

Fourth of July: here is what that planned cookout will cost

Texas State

California State

Latin Times

Over half of Latinos in Arizona, Texas and California say they are worried about not being able to pay next month's rent or mortgage, according to a new survey conducted by BSP Research on behalf of the Latino civil rights and advocacy organization UnidosUS. The study, "titled Latino Banking and...

Over half of Latinos are concerned about not being able to pay next month's rent or mortgage

Ohio State

The Center Square

Come July 3, thousands of Ohio’s tipped workers could be staring down the barrel of job losses and severe cuts to their take home pay if a measure that would phase out the tip credit and raise the state’s minimum wage makes its way onto Novembers’ ballot.
                Ohio’s tipped workers aren’t naive. They’ve seen the data and know similar policies have cost jobs and earnings across the country. Now, they are worried they’ll see their own paychecks decimated.
       ...

Op-Ed: Listen to Ohio’s servers – they’re the ones whose jobs are on the line

Iowa State

Davenport, IA

John Deere has announced another wave of layoffs Friday, telling around 610 production staff at plants in Illinois and Iowa that they will be out of a job by the end of the summer.

John Deere announces mass layoffs in Midwest amid production shift to Mexico

GOBankingRates

We often hear about young and middle-aged workers not saving enough for retirement. But what about their parents and those who are nearing retirement age? Check Out: I'm an Economist: Here's My...

5 Key Reasons Late Boomers Have So Little Money Saved for Retirement

A massive US company is now cutting 2,000 jobs abroad, part of a plan to lower costs as the giant combats a major decline in demand. FedEx is planning to cut between 1,700 and 2,000 back-office jobs in Europe, in its latest push to cut costs as the parcel delivery giant combats a slump in freight demand.

A Massive US Company is Now Cutting 2,000 Jobs

Salon

Former President Donald Trump on Thursday proposed a new solution to getting rid of the U.S. income tax: an “all tariff policy," the preemptive Republican nominee told GOP lawmakers, according to CNBC. In the meeting, Trump's first visit back to Capitol Hill since Jan 6, 2021, Trump attended a...

Trump's idea to replace income taxes with tariffs is a "sure way" to hurt the poor and help the rich

Virginia State

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Margaret Minnicks

Many new laws become effective in Virginia on July 1, 2024. However, a law has always existed in Virginia, but some residents might not be aware of it. According to WSET, leaving grass clippings and other debris on Virginia roads is illegal.

It is illegal to leave grass clippings and other debris on roads in Virginia

Columbus, OH

An unexpected company is now cutting jobs in Ohio according to a notice filed with the Ohio Department of Job and Family Services. It’s important to note that under the Worker Adjustment and Retraining Notification Act, an employer with more than 100 full-time workers is required to provide a 60-day notice before laying off 50 or more people at a single site.

An Unexpected Company Is Now Cutting Jobs in Ohio

NewsBreak

The 'Great Hesitation': Fewer Americans are switching jobs lately as labor market cools

A new report published by Bank of America Institute shows that fewer Americans are switching jobs, a trend that has been dubbed the \"Great...

A new report published by Bank of America Institute shows that fewer Americans are switching jobs, a trend that has been dubbed the "Great...

The 'Great Hesitation': Fewer Americans are switching jobs lately as labor market cools

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