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Tag: labor costs

(Background) GIUSEPPE CACACE/AFP via Getty Images. / (L) CHARLESTON, SOUTH CAROLINA - FEBRUARY 23: Donald Trump Jr. speaks to media at a rally for his father, Republican Presidential candidate, former U.S. President Donald Trump on February 23, 2024 in Charleston, South Carolina. South Carolina holds its Republican primary on February 24. (Photo by Tasos Katopodis/Getty Images) / (L-Top) The official Trump Organization logo.

Trump Org. unveils the new ‘Trump Mobile’ phone plan and $499 smartphone

The Trump Organization unveiled the brand-new “Trump Mobile” cell phone on Monday – which provides a new mobile phone plan, along with a $499 smartphone that is set to launch later this year.

Read More Trump Org. unveils the new ‘Trump Mobile’ phone plan and $499 smartphone
A picture shows the Amazon logo at the entrance of the Amazon logistics centre in Amiens, northern France, on July 23, 2019. (Photo by DENIS CHARLET / AFP) (Photo credit should read DENIS CHARLET/AFP via Getty Images)

Amazon faces union vote at North Carolina warehouse

Amazon is facing its second workers’ union vote in as many months as laborers decide whether they wish to collectively bargain with the retail giant.

Read More Amazon faces union vote at North Carolina warehouse
A worker moves products during Cyber Monday at the Amazon's fulfillment center in Robbinsville, New Jersey, U.S., November 27, 2023. REUTERS/Mike Segar/File Photo

Sharp downgrades to US unit labor costs bode well for inflation outlook

U.S. unit labor costs grew far less than initially thought in the third quarter, pointing to a still favorable inflation outlook even though price increases have not moderated much.

Read More Sharp downgrades to US unit labor costs bode well for inflation outlook
ARLINGTON, VIRGINIA - AUGUST 20: In this photo illustration, a burger, fries, and chicken tenders from BurgerFi are displayed on August 20, 2024 in Arlington, Virginia. BurgerFi International warns of possible bankruptcy, joins growing list of embattled restaurant brands in 2024. (Photo Illustration by Tierney L. Cross/Getty Images)

BurgerFi Files For Chapter 11 Bankruptcy Joining Other Restaurant Chains

BurgerFi filed for Chapter 11 bankruptcy on Wednesday, joining other restaurant chains that have already made the financial move. 

Read More BurgerFi Files For Chapter 11 Bankruptcy Joining Other Restaurant Chains
A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023. REUTERS/Brian Snyder

US weekly jobless claims edge higher, Q1 labor costs revised lower

The labor market is cooling but not enough to allay the Federal Reserve’s hesitance to begin cutting interest rates.

Read More US weekly jobless claims edge higher, Q1 labor costs revised lower
A Southwest Airlines passenger jet lands at Chicago Midway International Airport in Chicago, Illinois, on December 28, 2022. (Photo by KAMIL KRZACZYNSKI / AFP) (Photo by KAMIL KRZACZYNSKI/AFP via Getty Images)

Southwest Airlines To Lay Off 2,000 Employees, Halt Service At 4 Airports

Southwest Airlines has announced that they will be laying off around 2,000 employees and closing operations at four different airports across the globe. 

Read More Southwest Airlines To Lay Off 2,000 Employees, Halt Service At 4 Airports

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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