A sign at a Target store is pictured Thursday, June 24, 2021, in Oklahoma City. Target Corp. is joining a growing list of retailers and restaurant chains offering educational assistance at select online institutions for its front-line workers amid a fiercely competitive labor market. The Minneapolis-based discounter said Wednesday, Aug. 4, that it plans to spend $200 million over the next four years to offer its workers free undergraduate and associate degree programs in business-oriented majors at select institutions such as University of Arizona and University of Denver. (AP Photo/Sue Ogrocki)
Target Corp. is joining a growing list of retailers and restaurant chains offering educational assistance at select online institutions for its front-line workers amid a fiercely competitive labor market.
The Minneapolis-based discounter said Wednesday that it plans to spend $200 million over the next four years to offer its workers free undergraduate and associate degree programs in business-oriented majors at select institutions such as the University of Arizona and the University of Denver.
Like a slew of other big names like Walmart, Taco Bell and Disney, Target is teaming up with Guild Education, a Denver startup that negotiates deals between companies and colleges for the program.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
