Hi there, MarketWatchers. Don’t miss these top stories: Personal Finance ‘I will continue happily shopping there forever’: Costco customers react to retailer’s new $ 16 minimum wage Some 180,000 U.S.-based Costco employees will begin earning $ 16 an hour starting next week, the warehouse retailer’s CEO announced Thursday. We put …
Read More »Economic Report: U.K. debt-to-GDP reaches highest level since 1961
Britain’s Chancellor of the Exchequer Rishi Sunak talks with staff as he visits a Jobcentre Plus in Barking, east London on July 16, 2020. anthony upton/Agence France-Presse/Getty Images Britain has racked up debt as its economy has cratered, sending its debt-to-GDP ratio to the highest level since 1961, according to …
Read More »: Naomi Osaka overtakes Serena Williams as the highest paid female athlete in the world
Forbes released its annual list of the highest paid athletes on the planet, and some tennis players showed how lucrative the sport can be — especially when it comes to endorsements. Naomi Osaka, 22, is the first female athlete on the list at no. 29, overtaking fellow tennis player Serena …
Read More »CityWatch: Poor, dense neighborhoods in New York’s outer boroughs have highest rate of COVID-19 deaths, ZIP Code data shows
Neighborhoods in southeast Queens as well as Brooklyn have the highest death rates from COVID-19 in the city, according to data New York City’s health department made public for the first time on Monday afternoon. The deaths by ZIP Code offer a new window into how the coronavirus has ripped …
Read More »Economic Report: Home permits soar to highest level in 13 years in January, even as new construction dips slightly
The numbers: Builders started construction on new homes in the U.S. at a pace of 1.57 million in January, the Commerce Department said Wednesday. This represented a 3.6% decrease from a revised 1.63 million in December, but was 21.4% higher than a year ago. Permitting activity, however, hit yet another …
Read More »