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Survey: Americans need up to 60 lazy days a year

Friday’s business headlines 08/9/24

INDIANAPOLIS (WISH) — Here is a look at Friday’s business headlines with Jane King where she discusses National Lazy Day, pay raises, and more.

Americans need 60 lazy days per year

Americans need 60 lazy days per year to feel rested and relaxed, according to a recent survey.

It turns out Americans take lazy days very seriously, with 1 in 5 planning their lazy days in advance and 67% opting to take their lazy days spontaneously.

Conducted by Talker Research on behalf of Berkshire Blanket & Home Co. for National Lazy Day on Aug. 10, the poll found that almost three-quarters are likely to fly under the radar and won’t tell others they’re taking a day to relax at home.

Report: Raises and bonuses are shrinking

Employees have lost the upper hand they’ve had with management in recent years. The Wall Street Journal says pay raises and bonuses are shrinking.

Nearly half of the 1,900 U.S. companies polled by Willis Towers Watson in the second quarter cut budgets for salary increases.

The median raise this year was 4.1%, down from 4.5% in 2023, and expected to drop to 3.9% in 2025.

The new CEO of Boeing takes over

The new CEO of Boeing had his first day on the job Thursday.

Kelly Ortberg is taking over the troubled company as it deals with declining sales and a lot of questions about the safety of its planes.

He will work from Washington state, where some of the planes are made.

Samsung recalls more than a million electric ranges

Samsung is recalling more than a million electric ranges used for stovetops after reports of 250 fires and dozens of injuries.

According to the U.S. Consumer Product Safety Commission, these slide-in ranges have front-mounted knobs that can be activated by accident if humans or pets unintentionally contact or bump into them.

The recalled ranges were sold between May 2013 and August 2024 online at Samsung.com as well as in retailers nationwide, including Best Buy, Costco, Home Depot, and Lowe’s.

Retailers want to introduce you to Summerween

Halloween candy and decor are already for sale in some retail stores.

USA Today says retailers know timing is key in maximizing seasonal sales, and launching the holiday early is a way to grab more consumer dollars from Halloween enthusiasts.

The National Retail Federation revealed Halloween spending last year was expected to reach a record $12 billion.

With Summerween upon us, we’ll see if it will be even higher this year.