WASHINGTON – The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs. Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year increase of 8.3%. The new inflation figure, the biggest yearly increase since December 1981,…
FARGO, N.D. (KVRR) – A chicken and an egg problem and a perfect storm involving Easter, inflation and bird flu are forcing farmers to kill some of their egg-laying hens, reducing the country’s egg supply and raising prices. Consumers across the country are finding no eggs on the shelves or they’re paying nearly three dollars a dozen. That’s three times…
MINNESOTA — As minimum wage increases take effect in Minnesota, businesses could face some tough challenges. “Businesses are feeling the pressure obviously from COVID. Also, a really tight labor market, so the ability to attract, retain and develop employees has been challenging for business and so business of all sizes are having very different effects from the mandate,” Fargo Moorhead…
MINNESOTA — The new year means some new laws are going into effect, and that includes Minnesota’s new minimum wage. For large employers, the new minimum wage for workers is $9.86, which is twenty one cents more than before. For small employers, it’s $8.04, which is seventeen cents higher. If a business’s yearly gross revenue is less than $500,000, they are…
