Walmart raising pay for 165,000 employees, some to $18-$30 an hour

On Thursday, the retail giant announced that it will be implementing a "team-based operating model" in Supercenters that includes new roles and skills training to serve customers and encourage career and pay growth for associates.

Oracle to buy TikTok, sources say, after Microsoft announces its bid has been rejected

Oracle is going to buy TikTok after the Trump administration threatened to ban the popular app by mid-September. The Trump administration says that TikTok might be funneling user data to Chinese authorities.

National price of gasoline up 2 cents to $2.26 per gallon

The average driver in the U.S. is paying $2.26 a gallon for gas, but people in San Francisco are paying $3.38. And in Baton Rouge, they're paying just $1.80. How much are you paying?

Beware when using money transfer apps like Venmo, Zelle, Cash App

The coronavirus pandemic has increased and expanded the use of money-transferring apps, as people avoid hand-to-hand transfers of cash.

Even as hiring slows, American unemployment rate falls to 8.4%

The U.S. unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed in August as employers added the fewest jobs since the pandemic began.

Failed Bridgeport bank employees charged by feds with embezzlement

Four former employees of a failed Bridgeport bank have been charged in a $29 million embezzlement scheme, federal prosecutors announced Friday.

More than 1 million Americans applied for unemployment benefits

Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.

US unemployment claims jump back above 1 million in face of coronavirus

The coronavirus recession struck swiftly and violently. Now, with the economy still in the grip of the pandemic five months later, the recovery looks fitful and uneven — and painfully slow.

Eviction risk of 250K Cook County homes if state doesn’t extend moratorium, Sheriff Dart warns

Cook County Sheriff Tom Dart Wednesday urged Gov. J.B. Pritzker to extend the state’s evictions moratorium past the expiration date this weekend as residents await funding assistance that is still being doled out.

S&P rebounds from pandemic slump, hitting record high
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The S&P closed at an all-time high on Tuesday. It took Wall Street five months to rebound from a massive selloff in March to its new peak. Phil Flynn from the Price Futures Group shares his insight.

Domino's to hire more than 20,000 workers in US

Domino's announced Monday that it will hire more than 20,000 employees nationwide for positions including delivery drivers, pizza makers, customer service representatives, managers and assistant managers.

Longtime Illinois state senator hit with federal tax charge

Link reported an income of $264,450 in 2016 when the “defendant knew that the total income substantially exceeded that amount,” according to the single-page charging document.

When does the extra $400 unemployment benefit start?

Trump's efforts to partially restore the sweetened jobless benefits, which expired at the end of July, hinges on cash-strapped states being able to adapt a new unemployment system and fund one-fourth of the aid.

Amazon reportedly looking to transform shuttered JCPenney, Sears stores into fulfillment centers

Amazon, celebrating the boom in e-commerce, is in discussions with Simon Property Group, the largest U.S. mall owner by number of malls with 204 properties, the Journal reported, citing people familiar with the matter.