Costco plans to open as many as 28 stores in 2022, per a Wall Street Journal report.The warehouse chain is planning to invest $4 billion into its business in fiscal 2022.Known for its deals and discounts on bulk goods, the company has flourished in the pandemic.Get a daily selection of […]
Month: January 2022
Messy 2021 jobs reports take toll on Joe Biden
To say that the U.S.Labor Department’s jobs reports are important would be to undersell what many observers consider something of a critical economic barometer.That data, which includes the official measure of national unemployment and monthly job creation, shapes economic forecasts.But it also serves as a potent political measure, an instant […]
Inflation isn’t Biden’s fault. And he can’t solve it, either.
President Biden’s finger-pointing at big business for price hikes has drawn stinging criticism.But this criticism is a straw-man argument.In truth, Biden has not claimed corporate greed or consolidation caused inflation; he has been arguing that corporate consolidation (e.g., in the meat industry) contributes to price anomalies.As he said last week, […]
Photos show many grocery store shelves are bare, and it’s not just winter weather wiping them out
Bread aisle shelves at a Target are seen nearly empty as the U.S.continues to experience supply chain disruptions in Washington on January 9, 2022.REUTERS/Sarah Silbiger Shoppers are flocking to social media to share pictures of empty grocery store shelves.Walmart, Trader Joe’s, Target, and Giant Foods are among the stores pictured […]
Stock Trade Ban Gains Steam Despite Pelosi’s ‘Mind-Boggling’ Resistance
In the trenches of TikTok, users are tracking more than just the latest memes or trends.They’re watching the stock trades of members of Congress and their families, with House Speaker Nancy Pelosi being a fan favorite. The STOCK Act requires members to publicly disclose their and their spouses stock transactions, […]
Japan’s PM wants wage hikes to spark growth cycle | NHK WORLD-JAPAN News
Japanese Prime Minister Kishida Fumio’s keystone economic policy faces its first major test in the upcoming annual spring labor talks.Kishida has been urging both sides to agree on wage hikes, which he says are crucial to implementing what he calls “a new form of capitalism.” Kishida says wages hikes are […]
Stock Trade Ban Gains Steam Despite Nancy Pelosi’s ‘Mind-Boggling’ Resistance
In the trenches of TikTok, users are tracking more than just the latest memes or trends.They’re watching the stock trades of members of Congress and their families, with House Speaker Nancy Pelosi being a fan favorite. The STOCK Act requires members to publicly disclose their and their spouses stock transactions, […]
Justin Johnson, second suspect in Young Dolph’s murder, arrested in Indiana – CBS News
A Tennessee man wanted in the fatal shooting of rapper Young Dolph in his hometown of Memphis was captured Tuesday in Indiana, while another man was indicted on murder charges, authorities said. A grand jury indicted Cornelius Smith, 32, on first-degree murder and other charges in the shooting that killed […]
Biden sending additional 5 million COVID-19 tests to schools per month
Just over 17% of U.S.children ages 5 to 11 were fully vaccinated as of Tuesday, more than two months after shots for the age group became available, according to an Associated Press report.Vermont is at 48% while Mississippi is only at 5%.Vaccinations among elementary school kids surged after the shots […]
Downing Street party: What Covid rules would it have broken?
Downing Street party: What Covid rules were broken? By Tom Edgington BBC Reality Check Published 2 hours ago Related Topics Reality Check Image source, Getty Images Prime Minister Boris Johnson has apologised for attending a party in the Downing Street garden during the first lockdown, but said he believed “implicitly […]