Rick Ross family-owned Wingstop stores fined over $100K for labor law violations

foxbusiness.com The U.S. Department of Labor ordered Boss Wings Enterprises LLC to pay $114,427 in back wages, liquidated damages and civil penalties. The labor department said the operator of some of the multinational chain's...

Rick Ross family-owned Wingstop stores fined over $100K

foxbusiness.com Five Mississippi Wingstop locations owned by rapper Rick Ross' family will have to pay over $100,000 in fines for multiple violations of the Fair Labor Standards Act. The U.S Department of Labor ordered Boss Wings...

Lowe's gives hourly front-line employees $55M in quarterly bonuses

foxbusiness.com Lowe's is doling out $55 million in quarterly bonuses in an effort to help alleviate some cost pressures its hourly front-line employees in the United States are facing due to high inflation. "These associates have...

Wall St set for higher open as investors await more Fed clues

investing.com By Bansari Mayur Kamdar and Devik Jain - Wall Street's main indexes were set to open slightly higher on Thursday, with investors seeking fresh signals for future rate hikes after minutes from the Federal Reserve's...

U.S. weekly jobless claims dip as labor market remains resilient

investing.com By Lucia Mutikani WASHINGTON -The number of Americans filing new claims for unemployment benefits fell last week and data for the prior period was revised sharply down, suggesting labor market conditions remain...

Bed, Bath & Beyond plunges, jobless claims and more: Thursday's 5 things to know

foxbusiness.com Investor and GameStop Chairman Ryan Cohen filed for a proposed sale of his stake in the struggling home goods retailer. Cohen's venture capital firm RC Ventures, the second-largest investor, said it intends to sell...

Jobless claims dip slightly for first time in three weeks

foxbusiness.com The number of Americans filing for unemployment benefits last week unexpectedly declined, suggesting that demand for employees remains strong amid a continuing labor shortage. Figures released Thursday by the Labor...

Bed, Bath & Beyond plunges, jobless claims and more: Thursday's 5 things to know

foxbusiness.com Investor and GameStop Chairman Ryan Cohen filed for a proposed sale of his stake in the struggling home goods retailer. Cohen's venture capital firm RC Ventures, the second-largest investor, said it intends to sell...

Retail expert sounds alarm over consumers taking on more debt

foxbusiness.com Founder of SW Retail Advisors and co-founder of DealmakeHers, Stacey Widlitz, warned on Wednesday that the fact that consumers have been taking on more debt is a "very real" concern. Widlitz pointed to a "slew of...

Amazon hiking third-party seller fulfillment fees for holiday season

foxbusiness.com For the first time, Amazon is planning to hike its fulfillment fee for third-party sellers to help combat inflation during the holiday season. The e-commerce behemoth will charge sellers in the United States and...

Walmart is a top US inflation gauge

foxbusiness.com As the nation’s biggest retailer and employer, Walmart is considered one of the best inflation gauges out there — and investors will be paying close attention when the company's second-quarter earnings for its 2023...

Dollar General hit with nearly $1.3 million in fines for worker safety violations at Georgia stores

cnbc.com Dollar General was hit with nearly $1.3 million in fines for worker safety violations. Since 2017, the Labor Department said Dollar General has been fined more than $6.5 million. Earlier this month, rival Dollar Tree...

Wells Fargo exec reveals outlook of where the bond market is headed

foxbusiness.com Darrell Cronk, chief investment officer for Wealth & Investment Management at Wells Fargo, warned on Monday that the continued inversion of the yield curve is an indicator that the "bond market sees troubled times"...

Dollar General hit with nearly $1.3 million in fines for worker safety violations at Georgia stores

cnbc.com Dollar General was hit with nearly $1.3 million in fines for worker safety violations. Since 2017, the Labor Department said Dollar General has been fined more than $6.5 million. Earlier this month, rival Dollar Tree...

California could transform how fast food workers are treated

vox.com Dion Lee/Vox; Getty Images The restaurant industry is fighting hard against a labor bill making its way through the California legislature. Ten years after the launch of the Fight for $15, fast-food workers...