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When Tyson Foods announced in August that it was closing its 1,500-worker chicken plant in Noel, Missouri, residents knew the rural town would be hit hard. Tyson didn't immediately comment on its compensation of former Noel employees. said Corina Chinchilla, 32, who worked for 13 years at the Noel plant, ultimately becoming a production supervisor for packaging chicken breasts and tenders. Other Tyson workers, like Ryan Coulter, 27, declined to move. State and federal officials, wary of economic fallout in the region, have pressed Tyson to sell some of the sites it's vacating.
Persons: Tyson, , Jimi Lasiter, I'm, Lasiter, hadn't, Tyson didn't, Noel, Joe Biden, Corina Chinchilla, I've, didn't, Chinchilla, David Handy, Handy didn't, Ryan Coulter, Coulter, Terry Lance, Harry S, he'd, Lance, Sen, Josh Hawley, Andrew Bailey, Hawley, Donnie King Organizations: Tyson Foods, Bowling, NBC News, Value Foods, Amazon, Costco, Truman Coordinating Council, Missouri Independent Locations: Noel , Missouri, Danville , Virginia, Bowling Green , Kentucky, Monett , Missouri, Noel, Neosho, Ozark, Rock , Arkansas, Arkansas, Little Rock, Missouri, Texas, Somalia, United States, Dexter
Adobe Analytics expects consumers to spend between $11.2 billion and $11.6 billion on Cyber Monday. Overall, Black Friday sales topped $8.9 billion last year, versus $10.7 billion on Cyber Monday 2021. Meanwhile, e-commerce giant Amazon said sales on Black Friday broke a record, underscoring the appeal of shopping online. Sarah Hymer, a mother of two in Utah, said she hadn’t planned on any in-store Black Friday shopping. Rega, holding multiple bags, said Black Friday prices struck her as “comparable” to a year ago.
Sam Bankman-Fried, FTX’s 30-year-old founder, became the face of the company and, to some, crypto at large. The first red flagsNot long after Bankman-Fried started FTX, crypto began to boom. Venture capital money flooded into all things blockchain and crypto, and crypto platforms moved to attract customers beyond the technologists and blockchain evangelists that once fueled its rise. These digital tokens use blockchain technology, in which computers contribute to a shared ledger that can be used to track digital assets. Graeme Sloan / Sipa USA via APThe Wall Street Journal and CNBC, also citing anonymous sources, reported that Alameda had used FTX funds for trading.
To combat high inflation, the Federal Reserve has raised interest rates this year at the fastest clip in 40 years. But analysts warn that high interest rates and potentially unfavorable terms can trip up shoppers, eroding the hoped-for savings. That’s the highest interest rate since the credit card marketplace began tracking it for store cards in 2018. Using credit cards can help build credit. And with fees and rates for new store cards even higher than the current record levels for traditional credit cards, “many people’s financial margin for error is basically zero,” Schulz says.
In an NBC News poll of registered voters last month, economic concerns beat out every other issue. Recent data from three swing states — Wisconsin, Arizona and Pennsylvania — sheds light on the varying economic pressures that might influence choices at the ballot box. Tony Evers faces Republican challenger Tim Michels, the job market is hot. Gas prices in the state have recently come down to an average of $3.60 a gallon, compared to $3.76 nationally, after this summer’s nationwide surge. Wisconsin’s metro areas aren’t big enough to be broken out in federal data, but food prices in the Midwest have risen by 12.7% over the last year, compared to 11.2% nationally.
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