Business

National

An Ohio home-buyer company is selling hundreds of houses to pay off debts

8:24pm April 08, 2024

by Kavahn Mansouri

An Ohio based company is one of the larger institutional home-buyers that's bought thousands of homes to rent out. Now, it's selling hundreds of homes to pay debt as it fields complaints from renters.

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National

Authors scramble after the main distributor for small publishers suddenly closed

6:41pm April 08, 2024

by Deena Prichep

Book distributors get titles into readers' hands. And last week, Small Press Distribution abruptly closed — leaving over 350 small presses scrambling to figure out how their industry can move forward.

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A road sign in Lackawanna, N.Y., advertises the upcoming eclipse on Monday.

National

Hungry for eclipse deals? These food and drink chains have you covered

2:25pm April 08, 2024

by Rachel Treisman

Food and beverage franchises are celebrating the eclipse with discounts and special offers for customers across the U.S., regardless of whether they're in the path of totality.

National

Growing 'battery belt' for EV plants could spark economy

4:42pm April 07, 2024

by Jay Price

EV battery plants are moving into the Southeast, bringing back better jobs than those lost in the textile and furniture industry that's been in decline in the region.

The Apple Pay app on an iPhone in New York. Consumers tend to spend about 10% more when they adopt mobile contactless payment methods, a researcher says.

Economy

Using your phone to pay is convenient, but it can also mean you spend more

8:00am April 07, 2024

Consumers tend to spend about 10% more when they adopt mobile contactless payment methods, according to research from Assistant Professor Yuqian Xu at UNC-Chapel Hill.

Economy

White House economist on the latest jobs report and where we stand with inflation

8:00am April 07, 2024

by Ayesha Rascoe

NPR's Ayesha Rascoe speaks with Ernie Tedeschi, outgoing chief economist at the White House Council of Economic Advisers, about the latest jobs report and ongoing inflation.

Walmart reached a $45 million settlement in a class-action lawsuit accusing it of overcharging for certain grocery items. Eligible customers have until early June to file claims for cash payments.

National

Some Walmart shoppers could get up to $500 in cash from a class-action settlement

3:51pm April 06, 2024

by Rachel Treisman

Customers who bought certain grocery products at Walmart stores nationwide between October 2018 and January 2024 have until early June to file for payments, whether or not they kept their receipts.

Jeremy Kimbrell has worked at the Mercedes plant in Vance, Ala., since 1999. Having been involved in several failed union drives, he says this latest one feels different.

Seeking to defy history, the UAW is coming closer to unionizing in the South

6:07pm April 05, 2024

Autoworkers at Volkswagen's plant in Chattanooga, Tenn., will vote in mid-April on whether to join the United Auto Workers union. Mercedes workers in Tuscaloosa County, Ala., will soon follow.

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Hiring accelerated in the U.S. in March, adding 303,000 jobs, according to a report from the Bureau of Labor Statistics. The unemployment rate dipped to 3.8%, staying under 4% for more than two full years. People walk past a Home Depot in San Rafael, Calif.

Economy

Construction boom helps fuel job gains in March

5:23pm April 05, 2024

by Scott Horsley

U.S. employers added 303,000 jobs last month, and the unemployment rate dipped to 3.8%. Construction companies added 39,000 jobs, despite high interest rates.

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A 99 Cents Only store is seen in Los Angeles, on Friday. A day ago, the City of Commerce discount chain with some 14,000 employees announced that it will close all 371 of its stores in California, Arizona, Nevada and Texas.

National

99 Cents stores to close down all 371 locations

4:08pm April 05, 2024

by Emma Bowman

The discount chain is winding down operations at its stores across California, Texas, Arizona and Nevada, as dollar stores nationwide buckle under inflation, shoplifting and other factors.