Jun 02 Labor market defies expectations with strong growth, adding 339,000 jobs in May By Christopher Rugaber, Associated Press The nation's employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool. Continue reading
Jun 01 Airbnb sues New York City over restrictions on short-term rentals By Associated Press Regulations that the city plans to begin enforcing next month would require owners to register with the mayor's office, disclose who else lives in the property, and promise to comply with zoning, construction and maintenance ordinances. Continue reading
Jun 01 Watch 7:10 Bill to raise federal debt ceiling awaits final passage in Senate By Geoff Bennett, Lisa Desjardins, Kyle Midura, Tommy Walters The deal to raise the federal debt ceiling is moving toward final passage in Congress. Pressure is on the Senate after the House approved the bill Wednesday night. It has to happen before the government's borrowing authority maxes out on… Continue watching
Jun 01 Federal appeals court halts EPA effort to impose 'good neighbor' air pollution plan in Missouri By Jim Salter, Associated Press At issue is a "good neighbor" provision of the Clean Air Act which requires states to submit a plan detailing how they'll address air pollution that can drift to neighboring states. Continue reading
May 31 Here's how to prepare to start paying back your student loans when the freeze ends By Cora Lewis, Adriana Morga, Associated Press A three-year pause on student loan payments will end this summer regardless of how the Supreme Court rules on the White House plan to forgive billions of dollars in student loan debt. Continue reading
May 31 Watch 5:48 Deal to raise debt ceiling and curb spending faces crucial votes in Congress By Geoff Bennett, Lisa Desjardins, Kyle Midura The U.S. House is set to vote on the debt ceiling deal Wednesday night after Republicans got some help from Democrats to pass a crucial hurdle. The vote follows weeks of heated negotiations and criticism from the right and the… Continue watching
May 31 CEOs got smaller raises. It would still take the average worker 2 lifetimes to make their annual pay By Alexandra Olson, Associated Press After ballooning for years, CEO pay growth is finally slowing. Still, that's unlikely to quell mounting criticism that CEO pay has become excessively high and the imbalance between company bosses and rank-and-file workers too wide. Continue reading
May 31 Former Connecticut lawmaker gets 27 months in prison for stealing over $1.2 million in coronavirus aid By Dave Collins, Associated Press Michael DiMassa used a chunk of the money to fuel his gambling addiction. He apologized Wednesday in federal court in Hartford. Continue reading
May 31 Amazon workers plan walkout over layoffs, return-to-office mandate By Ed Komenda, Associated Press The lunchtime protest comes a week after the company's annual shareholder meeting and a month after a policy took effect requiring workers to return to the office three days per week. Continue reading
May 30 Sick workers tied to 40 percent of restaurant food poisoning outbreaks, CDC says By JoNel Aleccia, Associated Press The Centers for Disease Control and Prevention say about 48 million people a year in the U.S. are sickened by foodborne illness. Continue reading