US labor market deficits fear recession as job growth picks up in July
Nonfarm payrolls increased 528,000 in July The unemployment rate fell to 3.5% from 3.6% in June Average hourly earnings are …
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UK driving favorite Liz Truss Yu turned to pay plan in her first big gaffe
Conservative Truss cede key pledge Opponents say the policy would have hit nurses and police officers Polls show a conflicting …
US teeters on the brink of recession as GDP shrinks in Q2
GDP for the second quarter fell 0.9% Inventories are responsible for a significant drop in GDP slowdown in consumer spending; …
The Federal Reserve revealed another big rate hike as signs of an economic slowdown grow
US Federal Reserve Chairman Jerome Powell takes questions during a press conference following a two-day meeting of the Federal Open …
Exclusive: Hyundai subsidiary used child labor at Alabama plant
LOVERN, Alabama (Reuters) – A subsidiary of Hyundai Motor Co. used child labor at a plant that provides parts for …
US labor market advances with solid job gains despite recession fears
Nonfarm payrolls increased 372,000 in June The return of private sector employment above the pre-pandemic level The unemployment rate is …
SAS says survival is at stake as pilot’s strike halts flights
Strike to halt nearly half of airline flights SAS says it will affect about 30,000 passengers per day The strike …
Legal clashes await US companies that cover workers’ abortion costs
(Reuters) – A growing number of major US companies have said they will cover travel costs for employees who must …
Biggest rail strike in 30 years brings UK to a standstill
More than 40,000 railway workers will strike The government is under pressure due to the cost of living crisis Trade …
Bitcoin slips below $20,000 to lowest since December 2020
The neon logo of the cryptocurrency Bitcoin is shown at the Crypstation Café, in downtown Buenos Aires, Argentina, May 5, …