Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Labor Department

US inflation cools again, putting Fed on track to downshift

U.S. inflation continued to slow in December, adding to evidence price pressures have peaked and putting the Federal Reserve on track to again slow the pace of interest-rate hikes.

Tribune News Service

Dow Jones Falls 150 Points On CPI Inflation Report; Apple Chip Supplier TSMC Jumps On Earnings

The Dow Jones Industrial Average fell 100 points Thursday on the December CPI inflation report. Netflix stock was upgraded to buy.

Investors Business Daily

US Adds 223K Jobs In December As Labor Market Pressures Fed To Keep Hiking Interest Rates

The SPDR S&P 500 ETF Trust traded higher Friday morning after the Labor Department reported low unemployment numbers above 3%.

Zenger

From analysis to the latest developments in health,
read the most diverse news in one place.

US hiring solid while wages cool, giving Fed room to slow hikes

The U.S. labor market stayed strong last month and wage gains cooled, boosting hopes the economy will dodge a recession and giving the Federal Reserve room to slow interest-rate hikes.

Tribune News Service

US hiring solid while wages cool, giving Fed room to slow hikes

The US labor market stayed strong last month and wage gains cooled, reducing risks of a near-term recession and giving the Federal Reserve room to slow interest-rate hikes.

Tribune News Service

Asian shares mostly rise in muted trading on bargain-hunting

Asian shares are mostly higher after Wall Street benchmarks fell on worries that the U.S. Federal Reserve will keep raising interest rates

The Independent UK

Dow Jones Dives 400 Points On Strong Jobs Data; Silvergate Crashes 46% On $8.1 Billion In Withdrawals

The Dow Jones Industrial Average dropped 400 points Thursday on strong jobs data. Silvergate Capital crashed 46% after $8.1 billion in withdrawal.

Investors Business Daily

Read news from The Economist, FT, and more,
with one subscription

Fidelity Seeks Trademarks Related To Bitcoin, Digital Assets

The collapse of FTX and its fallout do not seem to have cooled the ardor of Fidelity Investments for bitcoin and other assets.

Investors Business Daily

Restaurant Staffers Are Returning to Work After Covid Flight

Restaurants are finally staffing up.

Bangkok Post

A Chick-fil-A that paid workers with sandwiches instead of actual money was just fined by the Department of Labor

“Payment must be made in cash or legal tender,” noted the Labor Department after penalizing the offending Chick-fil-A.

Fortune

Child workers found throughout Hyundai-Kia supply chain in Alabama

A Reuters investigation finds children worked for at least four Alabama parts suppliers to Hyundai and Kia in recent years, with staffing agencies placing migrant minors in plants where regulations ban kids from working.

ABC News

US core inflation slows, giving Fed some breathing room on rates

WASHINGTON — A key gauge of U.S. consumer prices posted the smallest monthly advance in more than a year, indicating the worst of inflation has likely passed and validating an anticipated slowing in the pace of Federal Reserve interest-rate hikes.

Tribune News Service

Dow Jones Futures: Market Rally Gets Ready For Inflation, Federal Reserve Tests; Amgen To Buy Horizon Therapeutics

The market rally faces big tests with the upcoming CPI inflation report and Federal Reserve meeting. Here's what to do.

Investors Business Daily

Dow Jones Rallies After Jobless Claims; Inflation Data On Deck; Tesla Nears 2022 Lows

The Dow Jones Industrial Average rallied 225 points Thursday after jobless claims data. Tesla stock neared its 2022 lows.

Investors Business Daily

Get all your
news in one place.

100’s of premium titles.
One news app.

Bangkok Post

Fed to Weigh Higher Rates in 2023 While Slowing Rises This Month

Federal Reserve officials have signaled plans to raise their benchmark interest rate by 0.5 percentage point at their meeting next week, but elevated wage pressures could lead them to continue lifting it to higher levels than investors currently expect.

The Street

Jobs Report Shows Big Wage Gains, 263,000 New Hires In November

A hotter-than-expected reading for wage gains in Friday's November jobs report has reignited inflation concerns in the world's biggest economy.

WEKU

The U.S. gained 263,000 jobs last month. It's good news for workers, but not the Fed

Hiring slowed slightly in November amid rising interest rates. But the U.S. job market remains unusually tight. Employers added 263,000 jobs in November while unemployment held steady at 3.7%.

Tribune News Service

Labor Department finds compromise in ESG investment rule

The Labor Department’s rule to expand environmental, social and governance options for retirement plans is being called a healthy compromise between financial services firms that want clear rules and plan sponsors that feared strict mandates to consider such factors.

Get all your
news in one place.

100’s of premium titles.
One news app.

The Independent UK

Applications for jobless benefits declined last week

The number of Americans applying for unemployment benefits came back down last week and continue to hover around levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve’s aggressive interest rate hikes

Roll Call

Labor Department finds compromise in ESG investment rule - Roll Call

The Labor Department's ESG rule strikes a compromise between allowing such investment criteria and mandating them.

Tribune News Service

'Secret, not a secret': Southwestern Minnesota meatpacking towns react to child labor allegations

WORTHINGTON, Minnesota — In a basement office, across the street from the Casey's convenience store and just a block from the high school football field, a sign on the window for PSSI, a meatpacking janitorial service, announces nearly $20 an hour pay.

Los Angeles Times

Michael Hiltzik: Thinking of putting crypto in your 401(k)? Think twice

The federal government has some advice for workers contemplating adding bitcoin or another cryptocurrency to their retirement holdings: Don't.

The Independent UK

Unemployment claims rise to 240,000, highest since August

The number of Americans applying for unemployment benefits rose the highest level since August but still remained low by historic standards

Tribune News Service

US inflation slows more than forecast, gives Fed downshift room

U.S. inflation cooled in October by more than forecast, offering hope that the fastest price increases in decades are ebbing and giving Federal Reserve officials room to slow down their steep interest-rate hikes.

Benzinga

October Inflation Cools To 7.7%, Stocks Sprint Higher: What You Need To Know

The SPDR S&P 500 (NYSE: SPY) is moving higher Thursday morning after the Labor Department reported a 7.7% year-over-year increase in the consumer price index for October.

1 … 4 5 6 7

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.