Six years ago, Amazon initiated a contest to find the location for its second headquarters. The contest attracted bids from 238 states, provinces, and cities competing to become the next home of the leading online retailer and second-largest private employer in the United States. This week, Amazon officially opened the first phase of its new …
Restaurant brands are experimenting with artificial intelligence (AI) to streamline food service operations, from drive-thru to back-of-house and predictive ordering for consumers. While major chains have yet to fully adopt the technology, the potential benefits include automating tasks and creating more meaningful guest experiences for restaurant workers. One significant advantage is addressing workforce challenges in …
The U.S. labor market exceeded expectations once again in May, with companies adding jobs at a remarkable pace, according to a recent report from ADP, a payroll processing firm. In the private sector, employment grew by a seasonally adjusted 278,000 in May, surpassing the Dow Jones estimate of 180,000. Although slightly lower than the revised …
Construction workers on a job site on May 05, 2023 in Miami, Florida. Joe Raedle | Getty Images Observing the monthly jobs reports this year has been a exercise in patience, as economists and market participants wait for a downturn that never seems to materialize. This pattern is likely to continue on Friday when the …
Margaret Roesch, 67, and her wife, Pat McAulay, 68, embarked on a mission to create a warm and supportive community for LGBTQ+ seniors and allies as they embraced their golden years. The result? The Village Hearth, a groundbreaking cohousing development in Durham, North Carolina, catered specifically to LGBTQ+ individuals and their allies. Established in 2020, …
View Press | Corbis News | Getty Images The current state of rent prices in the United States has rendered them unaffordable for many low-wage earners. A full-time worker in the U.S. must earn an average of $28.58 per hour to afford the rent of a modest two-bedroom apartment in their local area. In high-cost …
April saw a decline in inflation, with the consumer price index rising only 4.9% compared to the same period last year, marking the smallest increase since April 2021. This signals a deceleration of prices for household staples and an overall moderation of price pressures for consumers from multidecade-high levels. Policymakers aim to keep inflation at …