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Markets rally in another topsy-turvy day on Wall Street
Wall Street analysts expect the central bank this week to signal that it will raise interest rates starting in March.
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Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
Wall Street analysts expect the central bank this week to signal that it will raise interest rates starting in March.
Workers are quitting at the highest rates in states where unemployment is low and employers are desperate to hire.
The job advert wants someone with a "proactive approach" and a willingness to work for $12.96 an hour, the base wage in U.K..
The nation's worker shortage is intensifying as the Omicron variant spreads, impacting a range of industries.
CEO Mark Valade said an unvaccinated workforce is a "business risk that our company is unwilling to take."
William Cronnon was eating at a Cracker Barrel when he drank what he believed to be water, but was a cleaning fluid.
Software giant is buying a video game maker known for titles like "Call of Duty" as well as allegations of sexual harassment.
Bottom 99% of humanity lost income as inequality now reaches "outrageous" levels, anti-poverty charity says.
Cash payments of up to $300 per child are ending as inflation and winter take a toll. Many parents are worried.
COVID-19 is tearing through the U.S. workforce, disrupting businesses from grocery stores to airlines.
Biogen drug, the first in decades approved to treat the disease, has sparked concerns about its high cost and efficacy.
Economists had expected about 400,000 hires. The jobless rate fell to 3.9%, the lowest since the start of the pandemic.
Employers are hesitant to cut workers amid a tight labor market that offers workers more career choices.
The "Great Resignation" shows no signs of abating, with 4.5 million people quitting their jobs in November.
Tech giant's 50% stock's surge in the past year has made it the first American company to reach the investor milestone.