Employers are planning to increase their salary budgets by 4.6% next year, the highest expected annual jump in 15 years.
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Rates have risen nearly every week since late August and have more than doubled since the beginning of the year. Luckily, Coachella Valley’s housing market is looking good compared to other parts of the state.
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Unilever has recalled certain Dove, Nexxus, Suave, TIGI and TRESemmé aerosol dry shampoos because of the potential presence of benzene, a chemical that can cause cancer.
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The IRS on Friday announced a record increase in contribution limits to 401(k) and other tax-deferred retirement plans for 2023.
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Losses in construction, hospitality and other sectors were offset by gains elsewhere in the regional economy, nudging Riverside County’s unemployment rate back down to 4% last month, according to figures released Friday by the California Employment Development Department.
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Thanks to inflation adjustments to 2023 federal income tax brackets and other provisions announced by the Internal Revenue Service this week, more of your 2023 wages may be subject to lower tax rates than they were this year, and you may be able to deduct higher amounts of income.
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The Department of Energy is awarding $2.8 billion in grants from the bipartisan infrastructure law passed last year to 20 manufacturing and processing companies for projects across 12 states. The battery investments include components affecting both the electric grid and electric vehicles.
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The Crimson Storage solar farm is commissioned to hold 350MW/ 1400 MWh of electricity, and will allow flexibility and reliability during peak electricity demands on the California electricity grid, according to Axium Infrastructure.
