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Home » Business News

Business News

New 7,000-Seat Union Omaha Downtown Soccer Stadium To Anchor $300 Million Entertainment District

Published by josie@omahadail... on Mon, 02/05/2024 - 12:03pm

OMAHA — A new 7,000-seat Union Omaha soccer stadium is the centerpiece of a planned $300 million housing and entertainment district announced Thursday for the downtown riverfront area of Nebraska’s largest city.

The outdoor stadium is to be home to the state’s first and only professional soccer club, which has been sharing Sarpy County’s Werner Park with a minor league baseball team.

  • Read more about New 7,000-Seat Union Omaha Downtown Soccer Stadium To Anchor $300 Million Entertainment District

Lawmakers Hold Up Gov. Pillen’s “State Of The State” Address, Detailing “Disrespect” Of North Omaha

Published by josie@omahadail... on Wed, 01/31/2024 - 2:56pm

LINCOLN  — Resentment ramped up Thursday from two lawmakers who believe that state officials have “disrespected” and “lied” to their North Omaha constituents about economic development projects.

State Sens. Justin Wayne and Terrell McKinney led a filibuster of nearly 50 minutes, delaying Gov. Jim Pillen’s “State of the State” address and detailing reasons for their frustration.

Much of the talk centered around millions of dollars in public funding for North Omaha that Wayne and McKinney helped secure through legislation. 

  • Read more about Lawmakers Hold Up Gov. Pillen’s “State Of The State” Address, Detailing “Disrespect” Of North Omaha

Congress Votes To Avert A Shutdown And Keep The Government Funded Into Early March

Published by josie@omahadail... on Wed, 01/31/2024 - 2:45pm

WASHINGTON (AP) — Congress sent President Joe Biden a short-term spending bill last Thursday that would avert a looming partial government shutdown and fund federal agencies into March.

  • Read more about Congress Votes To Avert A Shutdown And Keep The Government Funded Into Early March

New Child Tax Credit Could Pass This Month. Here’s What It Would Do For Low-Income Families.

Published by josie@omahadail... on Wed, 01/31/2024 - 2:42pm

Expanded access to the child tax credit could be on the horizon for the country’s lowest-income families through a new bipartisan deal announced Tuesday. 

  • Read more about New Child Tax Credit Could Pass This Month. Here’s What It Would Do For Low-Income Families.

Don’t Let ‘FDA-Approved’ Or ‘Patented’ In Ads Give You A False Sense Of Security

Published by jason@omahadail... on Sat, 01/20/2024 - 3:00am

If you’ve ever reached for a bottle of moisturizer labeled “patented” or “FDA approved,” you might want to think twice. In a recent study of hundreds of advertisements, I found that supplements and beauty products often misleadingly use these terms to suggest safety or efficacy.

  • Read more about Don’t Let ‘FDA-Approved’ Or ‘Patented’ In Ads Give You A False Sense Of Security

From Housing To Energy To Food, US Inflation Picks Up, Though Some Costs Rise Only Mildly

Published by josie@omahadail... on Tue, 01/16/2024 - 5:00am

WASHINGTON (AP) — Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's drive to slow inflation to its 2% target will likely remain a bumpy one.

Last Thursday's report from the Labor Department showed that overall prices rose 0.3% from November and 3.4% from 12 months earlier. Those gains exceeded the previous 0.1% monthly rise and the 3.1% annual inflation in November and were slightly above economists' forecasts.

  • Read more about From Housing To Energy To Food, US Inflation Picks Up, Though Some Costs Rise Only Mildly

Hospitality Workers’ Wages Are Rising Faster Than High Earners’ In Most States

Published by josie@omahadail... on Tue, 01/16/2024 - 5:00am

Pay hikes over the past four years have lifted the wages of people who work in hospitality — the nation’s lowest-paid industry — nearly 30% on average, reversing much of the wage inequality that has been growing for decades in the United States.

In 40 states, even those that haven’t raised their minimum wage beyond the $7.25 federal floor, the recent pay jumps outpaced those of earners in each state’s highest-paying industry, usually energy, technology or the federal government.

  • Read more about Hospitality Workers’ Wages Are Rising Faster Than High Earners’ In Most States

How Do Americans Define Financial Freedom?

Published by josie@omahadail... on Tue, 01/16/2024 - 5:00am

Americans with limited savings stress about their finances for nearly an entire work month (18.63 days) each year. A third (33%) feel paralyzed to act when a financial disruption occurs.

Commissioned by Best Egg and conducted by OnePoll for Financial Wellness Month, a survey of 2,000 United States adults with less than two months of liquid savings or assets on hand found that while their finances are often top of mind, few are prepared for the possibility of unexpected expenses.

  • Read more about How Do Americans Define Financial Freedom?

With Higher Fees And More Ads, Streaming Services Like Netflix, Disney+ And Hulu Are Cashing In By Using The Old Tactics Of Cable TV

Published by josie@omahadail... on Tue, 01/09/2024 - 5:00am

(U.S. Sen. John Kerry grills representatives from the cable industry during a 1990 hearing on consumer protections. C-SPAN)

  • Read more about With Higher Fees And More Ads, Streaming Services Like Netflix, Disney+ And Hulu Are Cashing In By Using The Old Tactics Of Cable TV

US Employers Add A Surprisingly Strong 216,000 Jobs In A Sign Of Continued Economic Strength

Published by josie@omahadail... on Tue, 01/09/2024 - 5:00am

WASHINGTON (AP) — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.

  • Read more about US Employers Add A Surprisingly Strong 216,000 Jobs In A Sign Of Continued Economic Strength
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