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New Jersey shutters 27 Boston Market restaurants over unpaid wages, related worker issues

By Associated Press

The move comes after an investigation sparked by worker complaints found multiple violations of workers' rights, including more than $600,000 in back wages owed to 314 employees.

Average long-term U.S. mortgage rate climbs to 7.09 percent this week, highest level in over 20 years

By Alex Veiga, Matt Ott, Associated Press

Sharply higher rates are contributing to a dearth of available homes, as homeowners who locked into lower borrowing costs two years ago are now reluctant to sell and jump into a higher rate on a new property.

Biden's approval rating on the economy stagnates despite slowing inflation, AP-NORC poll finds

By Josh Boak, Emily Swanson, Associated Press

Only 36 percent of U.S. adults approve of Biden's handling of the economy, slightly lower than the 42 percent who approve of his overall performance.

U.S. jobless claims applications fall as labor market remains resilient

By Matt Ott, Associated Press

Applications for unemployment benefits dropped by 11,000 to 239,000 for the week ending August 12, down from 250,000 the previous week, the Labor Department reported Thursday.

A Pennsylvania study suggests links between natural gas drilling and asthma, lymphoma in children

By Marc Levy, Associated Press

In the reports, University of Pittsburgh researchers found what they called significant associations between gas industry activity and two ailments: asthma, and lymphoma in children, who are relatively rarely diagnosed with this type of cancer.

Germany's Cabinet approves a plan to liberalize rules on cannabis possession and sales

By Geir Moulson, Associated Press

The legislation is billed as the first step in a two-part plan and still needs approval by parliament. But the government's approval is a stride forward for a prominent reform project of Chancellor Scholz's socially liberal coalition.

Inflation is down, but the Inflation Reduction Act likely doesn't deserve the credit

By Josh Boak, Paul Wiseman, Associated Press

Price increases have indeed cooled over the past year, with the inflation rate dropping from 9 percent to 3.2 percent. But economists say little to none of the drop came from the law.

The EPA is rejecting calls for tougher regulation of large livestock farms, promises more study

By John Flesher, Associated Press

The Environmental Protection Agency said Tuesday that it needs to further study the biggest U.S. animal operations, which hold thousands of hogs, chickens and cattle.

Biden takes economic message on the road amid questions about his re-election campaign

By Laura Barrón-López, Tess Conciatori

The Biden administration is barnstorming the country this week to mark the one-year anniversary of their landmark Inflation Reduction Act. Recent indicators of a growing economy are key to President Biden's message as he heads into the 2024 election. Laura…

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