Walmart says it is raising truckers’ pay and starting a training program as it grapples with a driver shortage

[ad_1] A Walmart truck departs the company’s distribution center in Washington, Utah. Bloomberg | Bloomberg | Getty Images Walmart said Thursday it is raising pay for long-haul truck drivers and launching a new program to train the next generation, as it seeks the staffing it relies on to replenish store shelves and warehouses across the … Read more

There’s a growing interest in wealth taxes on the super-rich. Here’s why it hasn’t happened

[ad_1] Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021. Greg Nash | Pool | Reuters Americans increasingly favor a wealth tax on the ultra-rich. But despite an uptick in proposals, these policies have struggled to gain traction. President Joe Biden in March unveiled the latest federal wealth … Read more

Look for durable stocks to weather this ‘hyper-confusing moment’ in the market, Jim Cramer says

[ad_1] CNBC’s Jim Cramer on Wednesday advised investors to find stocks that can perform well in any market environment. “This is a hyper-confusing moment, but I want you to search for stocks that can work long-term regardless of whether we’re in the best of times, the worst of times, or both,” the “Mad Money” host … Read more

Retail sales rose 0.5% in March amid inflation jump; import prices hit 11-year high

[ad_1] Customers pushing shopping carts shop at a supermarket on April 12, 2022 in San Mateo County, California. Liu Guanguan | China News Service | Getty Images Consumers continued to spend in March even as inflation rose to its highest level since late 1981, according to government data released Thursday. Retail sales climbed 0.5% from … Read more

Here’s why health savings accounts may contribute to inequality

[ad_1] The Good Brigade | Digitalvision | Getty Images A popular way to save for out-of-pocket medical expenses might be contributing to health-care inequality, new research suggests. Health savings accounts are tax-advantaged accounts available to Americans with high-deductible health insurance policies. Federal law established them in 2003. Since then, HSAs have grown quickly as employers … Read more

Medical spas are seeing a boost in beauty procedures as people emerge from two pandemic years at home

[ad_1] Goddess Brouette, 22, decided to receive lip treatment at Upkeep Medical Spa in Manhattan during the pandemic. Source: Goddess Brouette Goddess Brouette didn’t want to wait much longer. It was time to get her lips filled. After months of research, she decided last year to get a treatment at Upkeep on the Upper East … Read more

How Russia’s war is cutting global auto production

[ad_1] Russia’s invasion of Ukraine has led auto industry watchers to cut production and sales forecasts for the next two years. The crisis has shuttered factories in Eastern Europe, and caused spikes in the prices of already precious raw materials. Some factories in Ukraine have tried to keep going amid the invasion. Workers have reportedly … Read more

Homebuilder sentiment drops for fourth straight month

[ad_1] A contractor uses a hammer while working on townhouse under construction at the PulteGroup Metro housing development in Milpitas, California. David Paul Morris | Bloomberg | Getty Images Sharply rising mortgage rates are taking their toll on the nation’s homebuilders, as already pricey new construction becomes even less affordable.  Builder confidence in the market … Read more