Business News

Name: Omaha Daily Record
Address: 3323 Leavenworth Street, Omaha, Nebraska, 68105
Telephone: 402-345-1303
Price range: $$

Why Is Tax Day On April 18 This Year? And How Did Early Spring Become Tax Season, Anyhow?

Published by Nikki Palmer on Tue, 04/18/2023 - 4:00am

Mid-April has arrived. And along with the spring sunshine, that means the often dreaded civic duty of finishing off one’s taxes.

It’s an arduous time for many, characterized by navigating increasingly confusing rules to arrive at the best refund possible. For some, it means writing a check to the federal government. Not fun.

Read more about Why Is Tax Day On April 18 This Year? And How Did Early Spring Become Tax Season, Anyhow?

US Retail Sales Fall 1% Amid High Inflation, Rising Rates

Published by Nikki Palmer on Tue, 04/18/2023 - 3:00am

WASHINGTON (AP) — Americans cut their spending at retail stores in March for the second straight month, a sign consumers are becoming more cautious after a burst of spending in January.

Read more about US Retail Sales Fall 1% Amid High Inflation, Rising Rates

Six Years After ‘Cabela’s Debacle,’ Sidney’s Lights Are Still On

Published by Nikki Palmer on Tue, 04/11/2023 - 4:00am

The former Cabela’s World Headquarters pictured in Sidney during a March snowstorm. Nearly 550,000 square feet of office space sits nearly empty on the site. Local leaders have tried and failed to lure a major company to the site. Experts say that may be for the best, arguing the town should continue to diversify its economy instead. (Fletcher Halfaker / Flatwater Free Press)

SIDNEY – The forest green roof and pair of bronze stags frozen in combat are impossible to miss as you drive down Interstate 80.

Next to the storefront built to mimic a log cabin stand the two corporate buildings – 550,000 square feet of nearly empty office space, long offered for a $1 per-year lease. But there are no takers.

Read more about Six Years After ‘Cabela’s Debacle,’ Sidney’s Lights Are Still On

Questions Raised Over State Economic Director’s Use Of State Email And His Lincoln Cigar Lounge

Published by Nikki Palmer on Tue, 04/04/2023 - 5:00am

Tony Goins, director of the Nebraska Department of Economic Development at the White House, Thursday, June 18, 2020, in Washington. Goins, using his state email account, solicited guests for a fundraiser at his cigar lounge for State Sen. Suzanne Geist, a Lincoln mayoral candidate. The invitation included a campaign pitch on video from Geist about why she was running for mayor. (Alex Brandon / AP Photo)

LINCOLN — The emailed invitation for the Nov. 14 political campaign event at the Capital Cigar Lounge was to the point: “Friends, Please respond if you are able to attend. This will be an important event.”

The sender was Tony Goins, director of the Nebraska Department of Economic Development.

Read more about Questions Raised Over State Economic Director’s Use Of State Email And His Lincoln Cigar Lounge

How To Fight The 'Pink Tax' Amid Inflation

Published by Nikki Palmer on Wed, 03/29/2023 - 3:00am

Trae Bodge, a shopping expert who lives in the New York City area, sees higher prices for products and services marketed to women everywhere: Socks, razors, shampoo and apparel are a few of the product types aimed at women that tend to cost more.

Read more about How To Fight The 'Pink Tax' Amid Inflation

Growing Home: From Brain Drain To Brain Gain

Published by Nikki Palmer on Tue, 03/28/2023 - 5:00am

For the last decade or so, two words have caused considerable heartburn for midwestern cities and towns. And while there has been a ferocious push recently to combat this gut-wrenching trend, the problem is still very relevant.

Read more about Growing Home: From Brain Drain To Brain Gain

Debt, Expenses Stress Lower Income Households: AP-NORC Poll

Published by Nikki Palmer on Tue, 03/28/2023 - 4:00am

NEW YORK (AP) — Personal finances are a major source of stress for about half of the lower income households in the U.S., a new poll shows, illustrating the toll of high inflation and economic uncertainty on those who can least afford it.

Read more about Debt, Expenses Stress Lower Income Households: AP-NORC Poll

5 Tips For Women To Negotiate A Higher Salary

Published by Nikki Palmer on Tue, 03/14/2023 - 5:00am

Equal Pay Day is today, March 14 — a date determined by how long into the new year American women must work to catch up to American men’s earnings the previous year. In 2022, women earned 82% of what men earned. The wage gap for Black and Hispanic women is even higher — these groups made 70% and 65%, respectively, of what white men made.

Read more about 5 Tips For Women To Negotiate A Higher Salary

Nebraska’s Ron Hull Typifies ‘The Very Best Of Us’

Published by Nikki Palmer on Tue, 03/14/2023 - 4:00am

It came down to Ron Hull.

In September, the seven members of the Nebraska Hall of Fame Commission met in Lincoln to decide whether to induct civil rights leader and Omaha native Malcolm X.

Read more about Nebraska’s Ron Hull Typifies ‘The Very Best Of Us’

Another US Hiring Surge: 311,000 Jobs Despite Fed Rate Hikes

Published by Nikki Palmer on Tue, 03/14/2023 - 3:00am

WASHINGTON (AP) — America's employers added a substantial 311,000 jobs in February, fewer than January's huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation.

The unemployment rate rose to 3.6%, from a 53-year low of 3.4%, as more Americans began searching for work but not all of them found jobs.