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☆ Chipotle seeks to hire 15,000 restaurant workers ahead of busy spring months
▼ + stars: | 2023-01-26 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

A "Now Hiring" sign is displayed in front of a Chipotle restaurant on October 07, 2022 in Washington, DC. Chipotle Mexican Grill is seeking to hire 15,000 restaurant workers ahead of its busiest time of the year, which runs from March to May. In recent months, restaurants have found it easier to attract and retain workers, a reversal after the labor crunch that ensued after pandemic lockdowns. And while layoffs have hit white-collar workers, primarily in the tech industry, low-wage retail and restaurant workers haven't faced any large-scale cuts. To attract and retain workers, the company offers benefits like free meals, tuition reimbursement, debt-free college degrees, access to mental health care and an all-crew bonus worth an extra month's pay each year.

☆ Walmart raises minimum wage as retail labor market remains tight
▼ + stars: | 2023-01-24 | by ( Melissa Repko | ) www.cnbc.com time to read: +3 min

Walmart said Tuesday it is raising its minimum wage for store employees to $14 an hour, representing a roughly 17% jump for the workers who stock shelves and cater to customers. Starting in early March, store employees will make between $14 and $19 an hour. About 340,000 store employees will get a raise because of the move, Hatfield said. Some of those pay increases will also go toward store employees who work in parts of the country where the labor market is more competitive, the company said. Target , for instance, announced in 2017 it would gradually raise its minimum wage and reached $15 an hour in July 2020.

☆ A top Republican says Biden's proposals to make monthly student-loan payments cheaper are a 'backdoor' for his 'radical free college agenda'
▼ + stars: | 2023-01-10 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The Biden administration announced new regulations to improve income-driven repayment plans. The changes are meant to make payments cheaper, and "create faster pathways to forgiveness," according to Education Secretary Miguel Cardona. Foxx has been an outspoken opponent of Biden's broad student loan forgiveness and other pandemic-era debt-relief measures. Under IDR, borrowers are meant to make monthly payments based on their incomes, with eventual loan forgiveness after at least 20 years of payments. "These plans will significantly cut monthly loan payments and it's part of a real transformation of the student loan system."

☆ Starbucks is urged to keep its bathrooms open to everyone, not just paying customers
▼ + stars: | 2022-11-20 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +3 min

The American Restroom Association has called on Starbucks to keep its restrooms open to all. A Starbucks spokesperson told The Guardian that its policy hadn't changed, but the American Restroom Association said that some stores were restricting their bathrooms to paying customers. Kevin Johnson, CEO of Starbucks at the time, apologized and closed all Starbucks stores in the US for a entire day so staff could attend anti-bias training. In May 2018, Starbucks announced that it would allow everyone — including people who hadn't purchased anything — to use its bathrooms "100% of the time." Starbucks and the American Restroom Association did not immediately respond to requests for comment from Insider.

☆ Fidelity, ForUsAll now offering 401(k) investors access to cryptocurrency
▼ + stars: | 2022-11-04 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

Retirement savers in some 401(k) plans are starting to get access to cryptocurrencies like bitcoin. Fidelity Investments, the largest provider of 401(k) plans by total assets, began offering a Digital Assets Account to clients this fall, a spokesperson confirmed. Employers sponsoring a 401(k) plan through Fidelity can choose to offer the account to workers, allowing them to allocate a share of their savings to bitcoin. For its part, ForUsAll, a plan administrator geared toward startups and small businesses, in September also rolled out crypto to 401(k) savers, said David Ramirez, the company's CEO. ForUsAll intends to add five more in the coming weeks, said Ramirez, who declined to disclose which ones.

☆ Biden appeals to young voters in U.S. West as midterms near
▼ + stars: | 2022-11-03 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +4 min

[1/2] U.S. President Joe Biden delivers remarks on "student debt relief" during a campaign stop at Central New Mexico Community College (CNM) Student Resource Center in Albuquerque, New Mexico, U.S., November 3, 2022. Biden and other Democratic speakers made no mention of high consumer prices that analysts say are overshadowing abortion and other social issues in the election. Biden heads to California on Thursday evening and Illinois on Friday before traveling to Pennsylvania on Saturday for a rally with former President Barack Obama. He plans to contrast his economic plan with a Republican push to roll back loan forgiveness, the White House said. Opposition parties historically fare better in midterm elections, providing a balance for new presidents in the second half of their terms.

☆ Fidelity is the latest employer to offer free college education to workers
▼ + stars: | 2022-11-03 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Despite growing economic uncertainty, employers are still waging a war for talent, and employees are coming out ahead. Now, more businesses are expanding their benefit offerings with free college programs to attract and retain workers. Most recently, Fidelity Investments said it will offer fully funded undergraduate degrees to 18,000 employees, including entry-level customer service phone representatives. Roughly 38,000 Citi front-line consumer banking employees are eligible for its education benefits program, including free college. Now, 48% of employers said they offer undergraduate or graduate tuition assistance as a benefit, according to that survey.

☆ College costs keep snowballing despite Biden’s efforts to ease student debt burden
▼ + stars: | 2022-10-01 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Shannon-Pettypiece-Circle-Byline-Template.Jpg | Shannon Pettypiece | ) www.nbcnews.com time to read: +6 min

Loans from private banks have gone up even faster, with some charging more than 13% for student loans this fall, people familiar with the industry said. Borrowers with existing loans that have variable rates have started seeing their monthly payments go up from the higher rates, they said. Increased costs mean many students have to borrow more money at higher rates, further exacerbating the student debt problem the Biden administration set out to address. The problem is the cost of higher education,” said Betsy Mayotte, president of The Institute of Student Loan Advisors. “We commend this administration for responding to the call of addressing of the student loan debt crisis,” said Derrick Johnson, president of the NAACP.

☆ Papa John's is the latest employer to offer free college for frontline workers
▼ + stars: | 2022-09-28 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

In this article CTRN Follow your favorite stocks CREATE FREE ACCOUNTwatch nowIn a war for talent, employers are drastically expanding their benefit offerings to attract and retain workers. More from Personal Finance:Inflation and higher rates are a ‘dangerous mix’Companies are slashing parental leave benefitsHere are the 'most employable' college degrees "Wherever you can differentiate yourself is pretty critical," said Marvin Boakye, Papa John's chief people and diversity officer. Now, nearly half, or 48%, of employers said they offer undergraduate or graduate tuition assistance as a benefit. "We're seeing it shift a little in how they are thinking about attracting talent," according to Buban. "The majority of our leadership team were delivery drivers and moved up through the organization," Papa John's Boakye said.

The fact is, there are several important reasons I will continue saving for my kid's college education, and why those who can afford to do so should do the same. Today's forgiveness plan won't help future borrowersOne big issue I have with Biden's forgiveness plan is that it is a one-time action that does nothing to fix our broken higher education system. Biden's forgiveness plan once again limits relief to individual borrowers with incomes of $125,000, or couples who earn $250,000 or less. For these reasons and plenty of others, we are still saving for our children's college education on a monthly basis. APR Variable: 1.79% - 12.99%, Fixed: 3.22% - 13.95% Editor's Rating 4.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Variable: 3.25% - 13.59%, Fixed: 3.75% - 13.72% Editor's Rating 3.25/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Variable: 2.52% - 11.11%, Fixed: 3.89% - 13.16% Editor's Rating 3.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Find your rate On College Ave's website Find your rate On Sallie Mae's website Find your rate On Ascent's website

☆ I was paying off school loans while I was the secretary of education under Obama. Here's why Biden needs to cancel student debt.
▼ + stars: | 2022-02-23 | by ( John B. King Jr. | ) www.businessinsider.com time to read: +7 min

He says he was still paying off his student loans while serving as a Cabinet member. President Biden should use his executive authority to unilaterally cancel student debt for each borrower. I was still paying off my own student loans while serving as US Secretary of Education for President Obama. Some have argued that it would be odd to cancel student debt retroactively without solving the problem going forward. Republican A. Wayne Johnson, former Federal Student Aid chief, proposed canceling up to $50,000 of student debt for each borrower.

My parents retired in their early 60s and enjoyed a comfortable retirement for more than 25 years. They had multiple streams of retirement income, including a rental property and investment accounts. Invest in a recurring source of incomeNow that I handle my mom's finances, I understand that retirement income comes from a variety of sources. Most of us will not be able to retire on Social Security benefits, so it's important to have other sources of recurring income. But those houses, which have been mortgage-free for many years, provide my mother with an important source of recurring income.

This is “The Daily.” Last week, E. Jean Carroll came forward with the most serious allegation yet of sexual assault by the president. michael barbaroMegan, can you take us back to last Friday, when New York magazine published an article about E. Jean Carroll? e. jean carroll Because it’s Donald Trump, and I’ve got — it’s a thing. e. jean carroll I may have tried to hit him with my purse, I don’t know. e. jean carroll Went out through the building, got to Fifth Avenue, had my purse, because I picked up my phone.

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