Business & Economy Archives

Farewell to the Middle Class: Over 50% of U.S. Workers Earned Below $40,847.18 as Economic Hardships Intensify

Nov 28, 2023 | Business & Economy

Amidst rising inflation and soaring living costs, the latest Social Security Administration data paints a bleak picture for the U.S. middle class, with the median 2022 wage of $40,847.18 falling short for a comfortable lifestyle. This financial crunch, coupled with escalating housing costs and a burgeoning consumer debt crisis, signals an alarming trend towards increased poverty and societal strain as we head into 2024.

Major Retailers Reassess Self-Checkout Systems Amid Rising Customer Dissatisfaction and Shoplifting Incidents [VIDEO]

Nov 17, 2023 | Business & Economy

Major U.S. retailers, including Walmart and Costco, are rethinking their use of self-checkout lines due to increasing customer backlash and higher incidents of shoplifting. This strategic shift addresses growing concerns over the efficiency and security of these systems.