Article
‘As seen on TikTok’ is the new ‘As seen on TV’
NEW YORK — Near the Twizzlers and Sour Patch Kids at a New York candy store are fruit-shaped soft jelly candies that earned a spot on the shelves because they went viral on TikTok. A […]
economy
Article
US wholesale prices rose record 8.6% over 12 months
WASHINGTON, D.C. — Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was first calculated in 2010. The Labor Department reported Thursday that […]
Article
Folwell says unemployment, labor pool still a crisis
RALEIGH — State Treasurer Dale Folwell expressed concern about the employment crisis in the state and across the country due to a shrinking labor pool at a recent media availability. Folwell cited state and federal […]
Article
US auto sales slump, stalled by car computer chip shortage
DETROIT — In a normal month before the pandemic, Con Paulos’ Chevy dealership in Jerome, Idaho, sold around 40 new vehicles. In September, it was only six. Now he’s got nothing new in stock, and […]
Article
US trade deficit hits record $73.3 billion in August
WASHINGTON, D.C. — The U.S. trade deficit increased to a record $73.3 billion in August as a small gain in exports was swamped by a much larger increase in imports. The Commerce Department reported Tuesday […]
Article
Dollar Tree breaks the $1 barrier as costs take a bite
CHESAPEAKE, Va. — Dollar Tree embedded in its very name what it stands for: Behind these doors, everything can be had for just $1. The mantra to which the Chesapeake, Virginia, company has held true […]
Article
US unemployment claims rise third straight week to 362,000
WASHINGTON, D.C. — The number of Americans applying for unemployment benefits rose for the third straight week, a sign that the highly contagious delta variant may be slowing a recovery in the job market. Claims […]
Article
Tight job market is causing costs to rise at FedEx
NEW YORK — FedEx is getting hurt by the tight job market. The package delivery company said Tuesday that its costs are up $450 million in the most recent quarter, as it paid higher wages […]
Opinion
JOHNSON: The dignity of work
As I stopped by a Dollar General store on a Sunday afternoon around the end of August, to my surprise, it was closed, and the sign posted on the front door had a frantic call […]
Article
Amazon sweeping up hourly hires in tight job market
Amazon wants to hire 125,000 delivery and warehouse workers and said Tuesday that it is paying new hires an average of $18 an hour in a tight job market as more people shop online. Competition […]