This is what it’s like to work in an Amazon warehouse
Tyler Hamilton has worked at the Amazon warehouse in Shakopee, Minnesota for four years. He shares the good and the bad about the fast-paced job.
Continue ReadingTyler Hamilton has worked at the Amazon warehouse in Shakopee, Minnesota for four years. He shares the good and the bad about the fast-paced job.
Continue ReadingFor much of the past 16 months, Amazon’s warehouse workers have faced grueling pressure to keep up with the demand from households for online goods during the pandemic. Now, workers must endure the stress of meeting a spike in orders from Amazon’s summer shopping holiday, which kicks off Monday. Several full-time Amazon warehouse employees told
Continue ReadingAfter months of failing to break out, Amazon’s stock is close to a record high. Thank Prime Day, the annual sales bonanza that kicks off Monday. What’s happening: In 2020, analysts estimated Amazon’s Prime Day notched sales of $9 billion to $10.5 billion. The sales rush as the economy reopens could encourage even bigger spending
Continue ReadingChicken wing prices are going through the roof. So Wingstop, a chain known for, well, wings, is now selling chicken thighs. But getting Americans on board could be a challenge. On Monday, the restaurant launched a virtual brand called “Thighstop” which serves crispy thighs, with or without sauce. The menu also includes breaded boneless versions
Continue ReadingGlobal stocks and cryptocurrencies are pulling back on Monday as investors continue to weigh signals from the Federal Reserve that it could raise interest rates sooner than expected. Markets were broadly lower, with Japan’s Nikkei 225 dropping more than 3% — easily the worst major performer — after Wall Street closed out its worst week
Continue ReadingA rare case of China’s fiery national liquor has sold for more than $1 million, more than five times what experts had estimated it would fetch. Sotheby’s announced on Friday that it had sold a crate of the beloved spirit, Kweichow Moutai, for an eye-popping £1 million (almost $1.4 million) in London. That’s the highest
Continue ReadingA version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “Assault on Democracy.” That’s the title of an ambitious new CNN documentary that is premiering Sunday at 9pm Eastern and Pacific and re-airing several times in the coming days. The subtitle is “The Roots of
Continue ReadingFive hundred police officers raided the Apple Daily newsroom in Hong Kong last week to arrest executives and top editors and seize journalistic materials under the city’s national security law. The incident sounded an alarm across the media industry. “This has sent shudders through the industry,” Elaine Yu, a Hong Kong-based reporter for the Wall
Continue ReadingMajor corporations are celebrating Juneteenth in unique ways this week. The annual June 19 tradition, which falls on Saturday this year, commemorates the day in 1865 when former American slaves in Galveston, Texas, were finally informed of President Abraham Lincoln’s January 1, 1863, Emancipation Proclamation and the end of the Civil War. It took Union
Continue ReadingAmerica hit a milestone Friday: 300 million Covid-19 shots have been administered in the country. And as the number of vaccinations continues to rise, so do the signs the nation is getting back to business. Here’s a list of some indicators that the United States is recovering from the pandemic. Airplanes are filling up The
Continue ReadingAmazon Prime Day is typically one of the best days of the year for Keababies, which sells baby care and maternity products on its web site. Last October, Keababies racked up around $500,000 in revenue during the two-day event, said co-founder Ivan Ong. Drawn by the steep discounts Keababies offered to customers on Prime Day,
Continue ReadingAmerica hit a milestone Friday: 300 million people in the country have received at least one dose of a Covid-19 vaccine. And as the number of vaccinations continues to rise, so do the signs the nation is getting back to business. Here’s a list of some indicators that the United States is recovering from the
Continue ReadingThe US economy has come a long way since last year’s devastating downturn. But a return to “normal” may not be possible. The Back-to-Normal Index created by CNN Business and Moody’s Analytics stands at 93% as of June 18, a new pandemic-era high. The index is comprised of 37 national and seven state-level indicators that track
Continue ReadingAmerica hit a milestone Friday: 300 million people in the country have received at least one dose of the Covid-19 vaccine. And as the number of vaccinations continues to rise, so do the signs the nation is getting back to business. Here’s a list of some indicators that the United States is recovering from the
Continue ReadingA federal judge ruled Friday that the Centers for Disease Control and Prevention’s conditional sailing orders on the cruise industry “likely constitutes an unconstitutional delegation of legislative power to CDC.” In a motion for a preliminary injunction, the state of Florida alleged that the CDC’s order exceeds the agency’s authority and that it was was
Continue ReadingBidding wars. All-cash offers. Homes selling for $1 million over asking. The housing boom has officially reached the ridiculous stage. Despite surging home prices that are rising at the fastest pace on record, the Federal Reserve continues to prop up the housing market by purchasing $40 billion of mortgage bonds each month. And while the
Continue ReadingIt’s been a big year for America’s oat milk fans — and the companies serving them. In March, Starbucks rolled out the option only to sell out a month later. Silk added oat milk to its line of plant-based milks in April. Oatly had a splashy IPO in May. And a slew of new ad
Continue ReadingEditor’s note: An earlier version of this story and headline misstated the findings of the McKinsey study on wealth. It has been updated and corrected. An estimated 19% of Black American families, roughly 3.5 million households, have a negative net worth because of a history of discriminatory policies from the government and private industry that
Continue ReadingAre the Wild West days of intense market volatility back on Wall Street? Stocks were sliding Friday morning after St. Louis Federal Reserve President James Bullard told CNBC he thinks the Fed should raise interest rates as soon as the end of next year. The Dow fell more than 400 points in midday trading Friday,
Continue ReadingAn estimated 19% of Black Americans, roughly 3.5 million people, have a negative net worth because of a history of discriminatory policies from the government and private industry that has hindered the accumulation of wealth over time, according to a new McKinsey & Company study released Thursday. Just 8% of White Americans have a negative
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