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3.6 million workers to be eligible for overtime pay under a proposed Biden administration rule

By Alexandra Olson, Associated Press

The new rule would require employers to pay overtime to so-called white collar workers who make less than $55,000 a year.

U.S. economic growth for last quarter revised down slighty to a 2.1 percent annual rate

By Paul Wiseman, Associated Press

The Commerce Department's second estimate of growth last quarter marked a slight acceleration from a 2 percent annual growth rate from January through March.

EPA head says he's fully supports decision to block Alaska mine and protect salmon-rich Bristol Bay

By Mark Thiessen, Associated Press

The nation's top environmental official said he fully supports his agency's decision to block a proposed gold and copper mine in Alaska's salmon-rich Bristol Bay, even as the state of Alaska has asked the U.S. Supreme Court to overturn that…

As labor movements spread nationwide, White House highlights how administration is helping unions

By Fatima Hussein, Associated Press

Biden is counting on critical labor support as he campaigns for a second term in office, holding his first re-election campaign rally at a Pennsylvania union hall in June, declaring: "I'm proud to be the most pro-union president in American…

Why unpaid internships still exist despite hardships for young workers

By John Yang, Andrew Corkery

Internships can give a leg up to students starting their careers. According to the National Association of Colleges and Employers, more than half of internships lead to full-time jobs. But 47 percent of U.S. interns were unpaid in 2022, creating…

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Powell warns strong economy could lead to new interest rate hikes

By Christopher Rugaber, Associated Press

The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said in a closely watched speech that also highlighted the uncertain nature of the economic outlook.

Founders of crypto mixer arrested, sanctioned after U.S. cracks down

By Fatima Hussein, Associated Press

Treasury's Office of Foreign Assets Control has sanctioned Roman Semenov, one of the three co-founders of Tornado Cash, for allegedly supporting the North Korean hacking organization, Lazarus Group, among other things.

Workers in Disney World district criticize DeSantis-appointed board decision to eliminate free passes

By Mike Schneider, Associated Press

Employees of Walt Disney World's governing district are criticizing new board members appointed by Gov. Ron DeSantis for a decision to eliminate free passes and discounts to the theme park resort for 400 of its district workers.

UPS workers approve 5-year contract agreement to end negotiations

By Haleluya Hadero, Matt Ott, Associated Press

The union representing 340,000 UPS workers says its members voted to approve the tentative contract agreement reached last month.

Biden reinstates stricter offshore safety rules, reverses Trump era policies

By Kevin McGill, Associated Press

The Biden administration has tightened offshore oil drilling safety regulations, including rules regarding the use of "blowout preventer" devices on offshore oil and gas drilling rigs.