Jul 07 U.S. adds 209,000 jobs in June, a slowing in hiring but a sign of economy’s resilience By Christopher S. Rugaber, Associated Press WASHINGTON (AP) — America's employers pulled back on hiring but still delivered another month of solid gains in June, adding 209,000 jobs, a sign that the economy's resilience is confounding the Federal Reserve's drive to slow growth and inflation. The… Continue reading
Jul 06 U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market By Paul Wiseman, Associated Press The Labor Department said employers posted 9.8 million job vacancies, down from 10.3 million in April. But layoffs fell slightly, and more people quit their jobs — a sign they were confident they could find better jobs elsewhere. Continue reading
Jul 06 Alzheimer’s drug Leqembi has full FDA approval, clearing way for Medicare coverage By Matthew Perrone, Associated Press The FDA gave it conditional approval in January based on early results suggesting the drug could modestly slow cognitive decline. Continue reading
Jul 06 Twitter threatens legal action against Meta over new rival app Threads By Associated Press Twitter has threatened legal action against Meta over its new, text-based app called Threads, according to a letter obtained by Semafor. Continue reading
Jul 06 Nevada secures $285 million opioid settlement with Walgreens, bringing total settlements to $1 billion By Associated Press Announced by state Attorney General Aaron Ford on Wednesday, it is the last in a series of multiyear settlements Nevada has reached with pharmaceutical companies, retailers and others. Continue reading
Jul 06 Treasury Secretary Janet Yellen visits China as part of U.S. efforts to soothe strained relations By Joe McDonald, Associated Press Yellen has warned against economic decoupling, or disconnecting U.S. and Chinese industries and markets. Continue reading
Jul 06 WATCH: Biden delivers remarks on economy and manufacturing during South Carolina visit By Aamer Madhani, Meg Kinnard, Associated Press With an eye toward 2024, Biden made his case that government investments will help the U.S. out-compete China and that his agenda has delivered in ways that Trump could not. Continue reading
Jul 05 Wisconsin’s Democratic governor guts Republican tax cut, increases school funding for 400 years By Scott Bauer, Harm Venhuizen, Associated Press Evers angered Republicans in the ways he used partial vetoes, with some saying Wednesday that the Democratic governor was going back on deals he had made with them. Continue reading
Jul 03 New workplace accommodations for pregnant people are now in effect. Here’s what they cover By Chabeli Carrazana, The 19th The Pregnant Workers Fairness Act, which is now in effect, requires employers provide accommodations to pregnant workers for everything from pregnancy through the postpartum period, including time off to recover. Continue reading
Jul 02 Unionized hotel workers in Southern California go on strike for better pay and benefits By Associated Press Thousands of hotel workers in Southern California walked off the job on Sunday, demanding higher pay and better benefits in what the union is calling the largest strike in its history. Continue reading