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Starbucks recently announced that incoming CEO and Chair, Brian Niccol, will be receiving a substantial pay increase and one-time awards as he transitions from his previous role at Chipotle Mexican Grill. In his new position at Starbucks, Niccol will be responsible for revitalizing the company’s declining sales, enhancing customer experience, and determining the future of
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Alaska Airlines flight attendants have made the bold decision to reject a new labor deal that would have provided substantial raises. The proposed deal included an immediate average raise of over 24%, with additional benefits such as boarding pay and back pay. This rejection has set the stage for further negotiations between the union and
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The U.S. has experienced a construction boom that has had a significant impact on rental markets across the country. As a result of record-construction activity since the pandemic, the supply of empty units has increased, leading to more apartment inventory being available for renters. Multifamily units completion reached a peak in June, surpassing any other
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As investors grapple with economic uncertainty, financial advisors are providing guidelines on the appropriate amount of cash that should be set aside for emergencies. Despite the second-quarter economic growth, a significant number of Americans still believe that the U.S. is in a recession. The opinions are divided, with some experts projecting a recession while others
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As of the end of the first quarter of 2024, homeowners collectively hold $17 trillion in equity, with the average homeowner gaining $28,000 compared to the previous year. While this may seem like a substantial amount of money, it is essential to make wise decisions when it comes to tapping into this equity. Home equity,
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Former President Donald Trump and Vice President Kamala Harris have both expressed their desire to end taxes on tips. Harris recently voiced her support for this idea at a rally in Las Vegas, following Trump’s earlier comments on the matter. This proposal is particularly important in states like Nevada, where the hospitality sector plays a
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