Jan 05 Labor report indicates U.S. job market’s resilience amid high interest rates By Paul Wiseman, Associated Press Hiring remains steady, and while employers are posting fewer openings, they are not laying off many workers. Despite the low unemployment and cooling inflation, polls show that many Americans are dissatisfied with the economy. Continue reading
Jan 05 UN cites conflicts, climate disasters in somber 2024 global economic forecast By Edith Lederer, Associated Press The report warned that the prospects of prolonged tighter credit conditions and higher borrowing costs present “strong headwinds” for a world economy saddled with debt, especially in poorer developing countries, and needing investment to resuscitate growth. Continue reading
Jan 04 Average long-term mortgage rates edge higher, breaking 9-week slide By Alex Veiga, Associated Press The average long-term U.S. mortgage rate edged higher this week, ending a nine-week slide that gave prospective homebuyers some breathing room after home loan borrowing soared to the highest level in more than two decades. Continue reading
Jan 03 Prosecutors say Sen. Menendez cashed in by linking Qatari royal family member with New Jersey businessman By Larry Neumeister, Associated Press The new allegations deepen the legal challenges for Menendez, a New Jersey Democrat, who already was charged with wielding his political influence to secretly advance Egypt's interests. Continue reading
Jan 01 New York rings in 2024 with a pay bump for minimum-wage workers By Associated Press In the first of a series of annual increases slated for the Empire State, the minimum wage increased to $16 in New York City and some of its suburbs, up from $15. Continue reading
Dec 28 U.S. sanctions money network tied to the Yemen Houthi rebels blamed for shipping vessel attacks By Fatima Hussein, Associated Press The Houthis have sporadically targeted ships in the region previously, but the attacks have increased since the start of the war between Israel and Hamas, spiking after an Oct. 17 explosion at a hospital in Gaza killed and injured many. Continue reading
Dec 27 As social media guardrails fade and AI deepfakes go mainstream, experts warn of impact on elections By Ali Swenson, Christine Fernando, Associated Press The safeguards that attempted to counter the bogus claims the last time are eroding, while the tools and systems that create and spread them are only getting stronger. Continue reading
Dec 27 Social media companies made $11 billion in U.S. ad revenue from minors, Harvard study finds By Barbara Ortutay, Haleluya Hadero, Associated Press The researchers say the findings show a need for government regulation of social media since the companies that stand to make money from children who use their platforms have failed to meaningfully self-regulate. Continue reading
Dec 27 The New York Times sues OpenAI and Microsoft over the use of its stories to train chatbots By Associated Press The New York Times is suing OpenAI and Microsoft, trying to end the practice of using its stories to train chatbots. Continue reading
Dec 26 Watch 7:09 How planning for long-term care is burdening middle-class Americans By William Brangham, Karina Cuevas Long-term care is already a huge problem in the United States, one that's growing as the baby boom population ages, and one with big financial costs. William Brangham explores the impact this is having on middle-class Americans and how they… Continue watching