RBNZ Holds Interest Rates Steady but Signals More Hikes Ahead in 2026 
Australia Inflation Cools in April as Fuel Prices Ease, But Core CPI Remains Sticky 
Oil Prices Jump After New U.S. Strikes on Iran Raise Supply Concerns 
Meta AI Push Could Add $26 Billion in Revenue by 2027, Wolfe Research Says 
Wall Street Futures Steady as AI Rally Offsets Middle East Tensions 
U.S.-Iran Talks May Take Days as Oil Prices React to Strait of Hormuz Tensions 
Samsung Workers Approve Wage Deal, Avoiding Major Strike and Boosting Chip Supply Confidence 
CTOC Goes Live on Bitget Wallet Trading, Expanding Global Access to AI-Powered Healthcare Data Ecosystem 
U.S. Launches New Strikes on Iran as Trump Signals Peace Deal Uncertainty 
Canada and Germany Advance Major LNG Supply Partnership 
Dollar Slips as Iran Peace Hopes Ease Rate Hike Fears 
Puerto Rico Economic Development Chief Resigns Amid Government Shake-Up 
Xiaomi Shares Drop After Weak Q1 Earnings Amid Rising Smartphone Costs 
SpaceX IPO Hype Raises Questions as Many Major Stock Debuts Underperform Market 
Samsung to Invest $1.5 Billion in Vietnam Semiconductor Testing Plant by 2027 
Uruguay Central Bank Holds Interest Rate at 5.75% Amid Inflation and Oil Price Concerns 
SpaceX Starship V3 Test Flight Boosts IPO Momentum Ahead of Historic Market Debut 
Target announces some good news for its employees this week. The Minneapolis, Minnesota headquartered retail chain said on Tuesday, Oct. 5, that it will be paying an extra $2 an hour to staff who will work on peak day shifts this holiday season.
According to CNBC, the additional hourly wage will apply to Target store outlet workers and service center staff who will go to work on weekends (Saturdays and Sundays) starting Nov. 20 to Dec. 19. Those who will also take shifts on Christmas Eve and the day after Christmas (Dec. 26) are also eligible for the extra pay.
Target will also include some select employees working in the company’s headquarters. The retailer said that the added pay is one way it is compensating its team members during its busiest holiday moments.
“This team continues to be at the heart of our strategy. You have shown up consistently for our guests and one another with a tremendous amount of care and we know this busy holiday season will be no different,” Melissa Kremer, Target’s chief human resources officer, said in a note directed to Team Target and posted in a blog post on Tuesday.
Kremer went on to say, “This is just one more way of expressing our deep gratitude for your significant contributions. Thank you for the many ways you bring joy to all families and for all you do to make Target a place where we can care, grow and win together.”
At any rate, the current minimum pay at Target is $15 per hour, so those who will take the busiest shifts this holiday will get $17 an hour. The offer was made as the company is aware that the peak season requires more workloads plus workers will miss moments to celebrate as they prefer to work.
Finally, Market Watch further mentioned that Target is also hiring 100,000 seasonal workers this year and looking to add 30,000 for various roles in its supply chain. In this tight labor crunch, the company is offering various perks to lure applicants and retain existing staff.
