Published by josie@omahadail... on Tue, 01/16/2024 - 5:00am
WASHINGTON (AP) — Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's drive to slow inflation to its 2% target will likely remain a bumpy one.
Last Thursday's report from the Labor Department showed that overall prices rose 0.3% from November and 3.4% from 12 months earlier. Those gains exceeded the previous 0.1% monthly rise and the 3.1% annual inflation in November and were slightly above economists' forecasts.
Published by josie@omahadail... on Tue, 01/16/2024 - 5:00am
Pay hikes over the past four years have lifted the wages of people who work in hospitality — the nation’s lowest-paid industry — nearly 30% on average, reversing much of the wage inequality that has been growing for decades in the United States.
In 40 states, even those that haven’t raised their minimum wage beyond the $7.25 federal floor, the recent pay jumps outpaced those of earners in each state’s highest-paying industry, usually energy, technology or the federal government.
Published by josie@omahadail... on Tue, 01/16/2024 - 5:00am
Americans with limited savings stress about their finances for nearly an entire work month (18.63 days) each year. A third (33%) feel paralyzed to act when a financial disruption occurs.
Commissioned by Best Egg and conducted by OnePoll for Financial Wellness Month, a survey of 2,000 United States adults with less than two months of liquid savings or assets on hand found that while their finances are often top of mind, few are prepared for the possibility of unexpected expenses.
Set to join the distinguished group of business leaders: Sid Dinsdale, Pinnacle Bancorp Inc., Lincoln; Lance Fritz, Union Pacific Railroad Co., Omaha; Hornady Family, represented by Steve and Jason, Hornady Manufacturing Co., Grand Island.
Published by josie@omahadail... on Tue, 01/09/2024 - 5:00am
December’s newsletter from Dr. Goss of Creighton sees him talking about the US federal debt, which is currently at $33 trillion, and is creeping towards 34. Goss points out the fact that the yearly interest “now exceed[s] the nation’s annual defense budget.”
Published by josie@omahadail... on Tue, 01/09/2024 - 5:00am
WASHINGTON (AP) — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.
Published by jason@omahadail... on Thu, 01/04/2024 - 10:33pm
Most Americans are trying to improve their credit, a survey from NerdWallet found, but they could face several obstacles along the way. Factors such as lingering holiday debt, credit card delinquencies and the return of student loan payments are some of the possible threats to credit scores and reports in 2024. But planning for these circumstances can help people avoid surprises and take the appropriate steps to protect their credit.
Published by jason@omahadail... on Thu, 01/04/2024 - 10:32pm
When asked what traits constitute a good leader, you may be tempted to list traditional qualities such as rationality, cool-headedness, and overall, an ability to detach oneself from one’s emotions. However, research has shown that the ability to feel empathy toward one’s colleagues is in fact the most critical leadership skills, and much-overlooked.
Published by jason@omahadail... on Thu, 01/04/2024 - 10:28pm
In a significant move to bolster small businesses, the Biden-Harris Administration has announced a series of new federal initiatives. The moves promise critical support to small enterprises across the United States.