A 2022 New Year’s gift for many workers? An increased minimum wage
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We'll also take a look back at the week, check in with consumer spending habits and hear how one sauce biz has been faring since its launch.
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The Weekly Wrap
Marketplace host Reema Khrais chats with the New York Times' Jeanna Smialek and Bloomberg's Jordyn Holman about inflation, the omicron variant and what the holiday shopping season looked like this year.
Manufacturers say they're still optimistic that demand will be there for goods they make. But consumers may start to pull back spending on services.
Will employers notice? Many are already raising wages for their workers because of the labor crunch.
The need for cobalt comes at a cost
This past year, U.S. automakers have redoubled their efforts to increase the production of electric vehicles. That's boosted demand for cobalt, a raw material used in batteries and the bulk of which comes from the Democratic Republic of the Congo, The boom should bring wealth but locals aren't always benefiting.
Kiki Aranita turned to focus efforts on growing the Poi Dog Sauces brand after she decided to close her Philadelphia restaurant during the pandemic.