Marketplace for Monday August 18, 2014
There's a dollar store bidding war going on out there. We report on the extent of the competition in the market, and how the stores involved differentiate themselves. Plus, the Fed is paying close attention to the number of part time workers, as it looks like the number of part-time workers has increased after reaching a five-year low. We look at why this has happened, and ask if it’s something we should be worried about. Also, every year the federal government sets the amount its employees may spend per day when they travel. The per diems for fiscal 2015? $83 for lodging and $46 for meals and other expenses. The standard is also followed by federal contractors and some private businesses. What impact do these standards have on hotels and other businesses that depend on these travelers?