Business News

The amount of money most workers are requesting to accept a new job has reached a record high this year. The New York Federal Reserve released a survey this week detailing the minimum acceptable salary offer to switch jobs. This amount has risen to $78, 645 during the second quarter of 2023 which is an 8% increase from just one year ago. According to CNBC, “The number...

Horrifying revelations have been revealed about products from Ohio-based Bell Station Interiors. According to the Consumer Product Safety Commission (CPSC), at least two children have been entrapped in the bed rails creating a major entrapment hazard for the products. One child was not harmed and the other sustained minor injuries. The recall includes around 7,450 Zipadee Kids convertible house beds frames and Montessori floor beds. The Affected...

Many students and teachers this year will be testing out Khan Academy’s artificial intelligence tutor. The chatbot, named Khanmigo, “offers individualized guidance to students on math, science and humanities problems; a debate tool with suggested topics like student debt cancellation and AI’s impact on the job market; and a writing tutor that helps the student craft a story, among other features,” per CNN. The purpose for implementing...

Many retailers have hopped on the trend of adding self-checkout kiosks, but Trader Joe’s is one place you will not find it. Trader Joe’s President, Jon Basalone, said in a recent podcast, “We believe in people. We’re not trying to get rid of our crew members for efficiency’s sake.” The company’s CEO, Bryan Palbaum, also shared his opinion on self-checkout stating, “self-checkout is work … I...

Germany-based grocery store Aldi announced this week its plans to acquire all Winn-Dixie and Harveys Supermarket locations in Florida, Alabama, Georgia, Louisiana and Mississippi. “The time was right to build on our growth momentum and help residents in the Southeast save on their grocery bills. The transaction supports our long-term growth strategy across the United States,” said Aldi CEO, Jason Hart. According to a release from the...

With more people turning to streaming services, broadcast and cable make up for less than half of TV usage for the first time ever. According to Nielsen’s monthly streaming report, in July, streaming made up nearly 39% of usage, the largest share reported since 2021 when Nielsen first began reporting. As a result of streaming services growing, major pay-TV providers are rapidly losing customers. “Comcast and Charter...

Chick-fil-A is spicing things up, but only for a limited time. The restaurant chain debuted the new Honey Pepper Pimento Chicken Sandwich. The sandwich uses “the same breaded chicken filet as a typical Chick-fil-A sandwich but features a spread of pimento cheese and drizzle of honey on top. Pickled jalapenos replace the pickles usually used in the sandwich,” according to CNBC. For the most part, Chick-fil-A keeps...

The crime in San Francisco is so bad that it is now impacting business in the city. According to Rep. Kevin Kiley, R-Calif., the rise of incessant crime in San Francisco is the result of “failed policies, radical politics, and public corruption.” He also stated employees at the Federal Building are being told to stay home due to safety concerns. Residents and retailers have been rapidly fleeing...

Dunkin’ Donuts will be turning two of its most popular drinks into spiked beverages. The restaurant chain is the latest brand to join the trend of turning its signature drinks into spiked beverages. The two malt-based drinks are expected to roll out in the coming weeks and will feature coffee and tea variations. The hard coffees will come in variety packs featuring four flavors: Original Iced Coffee,...

The back-to-school season is among us, and consumers are spending more money now than ever before, especially those going to college. Heading off to college takes a lot of work and preparation, not to mention a lot of money. According to an annual survey by the National Retail Federation, the average household plans to spend $1,367, up 40% since 2019. Alicia Browne, Alabama University’s director of housing...