Labor Cost Increase News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> investor sing green and 2023. a well, they will be popping more champagne and the new year. hello, edward lawrence and for neil cavuto and this is a special edition of "your world." a special edition with stocks with all three major aggregates surrogate with rate hikes from the fed and price hikes that had customers scrambling but with inflation grueling and a rate cut possibly coming, let's ask at the new year's money panel purely months and from portfolio wealth advisors and casper from chief market strategist and stone x, which i love that name by the way. let's start with you....

In a vote mostly along party lines, democrats in the house made good on a promise and passed a $15 federal minimum wage. it would be the first hike in a decade. but republicans who control the senate are unlikely to even bring it up. their argument, job losses. a point strengthened by the bankruptcy filing last week by restaurants unlimited. 35 upscale restaurants, mainly along the west coast. in its declaration, the company partially blamed high minimum wage laws which raised its labor cost $10.6 million over the last three years. it cited three examples where minimum wages have climbed drama...

Cutting shipping costs, moving production to the u.s. has shortened production lead times and produced large inventory costs. >> we have a lot of large, national retailers that require very quick service cycles. >> reporter: instead of waiting 12 weeks for delivery on orders, williams can now produce a new product, or tweak what's in production, and deliver it in just one or two weeks, tops. >> we can take a look at what's selling, and what our customers want, what the u.s. consumer wants, and change fragrances, change styles, change colors, much more rapidly from the u.s. >> the number one fa...