Inflation is hurting rural Americans more than city folk — here’s why

Inflation is hurting rural Americans more than city folk — here’s why

Prices are rising across the U.S., driving up the cost of food, housing, heat, cars and many other essential items. But inflation isn’t hitting everyone equally. Data shows that Americans with less education and those living in rural areas are feeling the pinch most acutely. Among Americans without a college degree, more than half say…

Americans are quitting their jobs at record rates — here are the 10 states leading the trend

Americans are quitting their jobs at record rates — here are the 10 states leading the trend

America is becoming a nation of quitters — with a record 4.4 million workers handing in their resignations in September. But the trend isn’t spread evenly across the country, with some states experiencing sharp increases in workers handing in their two-week notices. Called “The Great Resignation,” the trend reflects a complex mix of pandemic factors:…

How Omicron Could Knock Economic Recovery Off Track

How Omicron Could Knock Economic Recovery Off Track

LONDON — This week, Marisha Wallace finally had to admit that her planned five-day ski holiday in Switzerland in mid-December was not salvageable: The Swiss government’s sudden decision to impose a 10-day quarantine on some international travelers meant she wouldn’t be able to leave her hotel or return home to London on her scheduled flight….

Omicron Could Knock a Fragile Economic Recovery Off Track

Omicron Could Knock a Fragile Economic Recovery Off Track

LONDON — This week, Marisha Wallace finally had to admit that her planned five-day ski holiday in Switzerland in mid-December was not salvageable: The Swiss government’s sudden decision to impose a 10-day quarantine on some international travelers meant she wouldn’t be able to leave her hotel or return home to London on her scheduled flight….

Biden Projects Normalcy and Optimism as Omicron Poses New Threat

Biden Projects Normalcy and Optimism as Omicron Poses New Threat

WASHINGTON — With prices rising across the economy and a new variant of the coronavirus threatening another wave of the pandemic, President Biden stepped to a White House microphone and tried to convey a sense of normalcy. “We’re looking ahead to a brighter and happier December,” Mr. Biden said on Wednesday. He ticked through a…

Stocks drop as Fed signals it could end emergency COVID measure sooner than expected

Stocks drop as Fed signals it could end emergency COVID measure sooner than expected

Stocks drop as Fed signals it could end emergency COVID measure sooner than expected – CBS News Watch CBSN Live CBS News business analyst Jill Schlesinger joins “CBS Mornings” to discuss the stock market’s drop upon news that the Fed could end some emergency COVID measures sooner than expected. Plus, what the newly-identified Omicron COVID-19…

Canada Goose workers vote to unionize in Winnipeg.

Canada Goose workers vote to unionize in Winnipeg.

Workers at three plants owned by the luxury apparel-maker Canada Goose in Winnipeg, Manitoba, have voted overwhelmingly to unionize, according to results announced by the union on Wednesday. Workers United, an affiliate of the giant Service Employees International Union, said it would represent about 1,200 additional workers as a result of the election. Canada Goose,…

Biden Projects Normalcy and Optimism as Omicron Poses New Threat

Biden Projects Normalcy and Optimism as Omicron Poses New Threat

WASHINGTON — With prices rising across the economy and a new variant of the coronavirus threatening another wave of the pandemic, President Biden stepped to a White House microphone and tried to convey a sense of normalcy. “We’re looking ahead to a brighter and happier December,” Mr. Biden said on Wednesday. He ticked through a…