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hovering around 2%. right now, it sits somewhere around 4%. that's certainly better than where it was last year. somewhere above 8.5%. but it is still not good enough. and it's why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may, the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expens...

Both will be looking to build on that by ironing out existing differences over tariffs on some commodities. to round up the trip prime minister modi will also be meeting members of the 4.4 million strong indian american community. twitter is facing a lawsuit that it failed to pay workers millions in bonuses. it was filed by a former director of compensation who alleged that after elon marsh bought twitter, the company promised employs 50% of their target bonuses for 2022 but the payments never materialised. 0nto the paris airshow, where european aerospace giant airbus has had plenty to celebra...

Target Is Giving Huge Bonuses Out To All Employees Getty Images The company will give $500 bonuses to all hourly workers and bonuses of $1,000 to $2,000 to store directors and others in management positions. It said it has spent $1 billion more on employee benefits and pay in fiscal 2020 than in 2019. Target has actually benefited during the pandemic with their curb side pickup and home delivery service, boosting the company’s comparable sales 17.2%, while its e-commerce sales more than doubled in November and December. This is the fifth time Target has given additional pay to workers durin...