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Amazon says 1 million workers applied for jobs this week
Retailer's new warehouse jobs pay an average of $18 an hour, which may be attracting people in lower-paying jobs.
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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.
Retailer's new warehouse jobs pay an average of $18 an hour, which may be attracting people in lower-paying jobs.
More than 400 economists say that making the expanded federal benefit permanent would benefit families.
Peak federal tax rate. on investment profits could approach 32% — and top 40% in some states, analysis says.
The first two stimulus payments lifted 11.7 million people out of poverty, the analysis found.
Online retailer said the new transportation and fulfillment jobs may include sign-on bonuses of up to $3,000.
Economists say mandating widespread vaccinations could help the nation's economy recover faster from the Delta variant.
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State's education chief says he's protecting parents' rights. Administrator says she's protecting students.
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