Oct 12 WATCH: House returns to stave off default with debt limit vote By Kevin Freking, Associated Press Members of the House are scrambling to Washington to pass a short-term lift of the nation's debt limit. The vote Tuesday will ensure the federal government can continue fully paying its bills into December. Continue reading
Oct 12 Americans quit their jobs at a record pace in August By Christopher Rugaber, Associated Press The Labor Department said that quits jumped to 4.3 million in August, the highest on records dating back to December 2000. Continue reading
Oct 12 Food bank use down, but need still far above pre-pandemic levels By Ashraf Khalil, Associated Press An Associated Press review of bulk distribution numbers from hundreds of food banks across the country revealed a clear downward trend in the amount of food handed out across the country, starting in the spring as the COVID-19 vaccine rollout… Continue reading
Oct 11 German companies urge next government to step up on climate By Frank Jordans, Associated Press Dozens of large German companies have urged the country's next government to put in place ambitious policies to meet the goals of the 2015 Paris climate accord. Continue reading
Oct 11 Scientists urge speedy switch to renewables in Middle East By Menelaos Hadjicostis, Associated Press A scientist at the Cyprus Institute's Climate and Atmosphere Research Center said that although this "can't happen overnight," governments have to make the switch within the next two decades to avert potentially "irreversible effects" such as desertification. Continue reading
Oct 11 WATCH: David Card, Joshua Angrist and Guido Imbens win Nobel Prize in economics By Christopher Rugaber, David McHugh, David Keyton, Associated Press One U.S.-based economist’s pioneering research showed an increase in minimum wage does not lead to less hiring, and immigrants do not lower pay for native-born workers. Two others shared the award for creating a way to study these types of… Continue reading
Oct 10 Facebook unveils new controls for kids using its platforms By Associated Press Facebook, in the aftermath of damning testimony that its platforms harm children, will be introducing several features including prompting teens to take a break using its photo sharing app Instagram, and “nudging” teens if they are repeatedly looking at the… Continue reading
Oct 09 EXPLAINER: Could Facebook sue whistleblower Frances Haugen? By Tali Arbel, Associated Press Facebook has recently taken a harsher tone toward whistleblower Frances Haugen, suggesting that the social network could be considering legal retaliation after Haugen went public with internal research that she copied before leaving her job earlier this year. Continue reading
Oct 08 Watch 9:07 The pandemic pushed millions of U.S. workers to join the 'Great Resignation.' Here's why By Paul Solman, Diane Lincoln Estes The September jobs report shows that the unemployment rate fell to 4.8% and job openings are at a record high with wages increased again last month, as companies tried to attract new employees. But more than 25 million people quit… Continue watching
Oct 08 More than 130 countries reach deal on corporate minimum tax By David McHugh, Danica Kirka, Associated Press U.S. President Joe Biden has been one of the driving forces behind the agreement as governments around the world seek to boost revenue following the COVID-19 pandemic. Continue reading