Jun 02 Watch 5:54 White House adviser Gene Sperling discusses bipartisan deal to raise debt ceiling By Amna Nawaz Crisis averted. That's the message from lawmakers as the bill to raise the debt ceiling makes its way to President Biden's desk. For the White House perspective on the deal, Amna Nawaz spoke with senior adviser Gene Sperling. Continue watching
Jun 02 Watch 6:00 U.S. economy adds more jobs in face of inflation and interest rate hikes By Paul Solman, Diane Lincoln Estes, Shoshana Dubnow The latest jobs report shows the labor market remains strong despite rising interest rates. That's good news for workers but it complicates the Federal Reserve's efforts to curb inflation. Economics Correspondent Paul Solman looks at the connections between the labor… Continue watching
Jun 02 Biden orders 20-year ban on oil, gas drilling around tribal site in New Mexico By Morgan Lee, Associated Press The action Friday by Secretary of the Interior Haaland is intended to protect cultural and historic resources that tribal communities consider sacred. The order will apply only to public lands and federal mineral rights within a 10-mile radius. Continue reading
Jun 02 Both U.S. hiring and unemployment jumped last month. Here's what that says about the economy By Christopher Rugaber, Associated Press Many industries, from construction to restaurants to health care, are still adding jobs to keep up with consumer demand and restore their workforces to pre-pandemic levels. Yet there were some mixed messages in the jobs figures. Continue reading
Jun 02 Judge removes himself from Disney lawsuit, but not for reasons cited by DeSantis By Mike Schneider, Associated Press Disney filed the First Amendment lawsuit against the Florida governor and a DeSantis-appointed board in federal court in Tallahassee after they took over Disney World's governing board. Continue reading
Jun 02 U.S. sanctions Iranian technology firm for helping government censor internet By Fatima Hussein, Associated Press Internet disruptions were instituted after homegrown anger over the September death of Masha Amini, an Iranian-Kurdish woman detained by the country's morality police, led to large-scale protests. Continue reading
Jun 02 Louisiana shrimpers are in trouble. Here's why By Roby Chavez Louisiana shrimpers are calling on lawmakers to limit shrimp from overseas, which they say are driving down prices and pushing them out of business. Continue reading
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