Waffle House CEO Joe Rogers III says the restaurant chain is making its “single largest additional investment in our workforce” in its 68-year history by hiking base pay for servers to three bucks an hour. The raises take effect this month and follow a more than year-long campaign led by a union that represents service workers in the South. The …

An Army veteran, firefighter and New York radio station founder says he’ll “forever Rest in Peace” after revealing a lifelong “secret.” In a message included in Col. Edward Thomas Ryan’s obituary, he said, “I was Gay all my life.” The obituary states that Ryan, who lived in Albany, New York, was a retired fireman, the owner and founder of radio …

In a dreary part of downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home. The gated micro community known as “The Melody” doesn’t look like a parking lot anymore. Artificial turf is spread across the asphalt. Potted plants and red Adirondack chairs abound. There’s …

Wells Fargo fired more than a dozen workers last month after allegations that the employees were faking work activity on their computers. The bank terminated the workers after investigating claims of “simulation of keyboard activity creating impression of active work,” according to a filingcited by Bloomberg News, which earlier reported the firings. The terminations were reported in disclosures filed with …

Federal transportation officials are investigating how titanium sold with phony documentation made its way into parts used in making Boeing and Airbus planes. The Federal Aviation Administration and Spirit AeroSystems, a supplier of fuselages to Boeing and wings for Airbus, said Friday they are each investigating the scope and impact of the issue, which could raise potential concerns about aircraft …

The Food and Drug Administration “inadvertently archived” a whistleblower’s complaint regarding conditions at an Abbott Nutrition plant that produced powdered baby formula recalled in 2022 due to bacteria that killed two infants, an audit shows. An early 2021 email raised red flags about the plant in Sturgis, Michigan, that became the focal point of a nationwide shortage of infant formula …

Dallas, Detroit, Honolulu, San Francisco and Seattle are all distinctly different U.S. cities, but with one thing in common: Residents there have been hit hardest by inflation. That’s according to a study from WalletHub which compared key inflation metrics within 23 major metropolitan statistical areas in connection with the latestConsumer Price Index data, as well as CPI data from two …

If you’re a potential homebuyer who’s wondering whether it really makes sense to buy a home in today’s tough (and expensive) housing market, you certainly aren’t the only one. For starters, home prices remain elevated due to a mix of limited inventory and persistent demand. And, ongoing inflation issueshave led the Federal Reserve to keep its benchmark rate paused at …

Inflation is falling and interest rates could soon, too. That was some of the big financial news this week after the Bureau of Labor Statistics released a report showing inflation falling in May (for the second month in a row) and the Federal Reserve elected to keep the federal funds rate unchanged. While not quite at the Fed’s 2% target …

Interest rates are high these days. Those high rates mean it’s possible to earn a strong return on deposit accounts. A popular option among these is acertificate of deposit (CD). With CDs, you commit to leaving your money in the account through its entire term. In exchange, the financial institution agrees to pay you a meaningful interest rate – one …