US filings for jobless aid lowest since April
U.S. applications for jobless aid fell again last week to their lowest level since April, further evidence that the job market has withstood aggressive rate hikes by the Federal Reserve as it attempts to cool the economy and bring down
Tech stocks jump, pulling Wall Street higher after rally
NEW YORK (AP) — Wall Street is rising further Thursday, led by excitement around tech stocks following the earnings report of Facebook’s parent company. The S&P 500 was 0.9% higher in early trading a day after hitting its highest level since
2 rivals from factory floors facing off in race to lead UAW
DETROIT (AP) — Two men who began their careers on factory floors are competing to lead the 373,000 members of the United Auto Workers, a union that helps set standards for wages across the nation's manufacturing sector. It will be the
Disney union employees to start voting on new contract
(NewsNation) — Full-time Walt Disney World employees who belong to the union will start voting on a new contract Thursday — although some say they do not think the company is offering enough. Some members of the Service Trades Council
How will Netflix end password sharing?
(NEXSTAR) - Netflix has already signaled it is ready to roll out some new rules when it comes to password sharing in the U.S. Changes rolled out in three other countries show what U.S. users could soon expect. In a letter
Joe Biden calls on Congress to slash credit card late fees
(NewsNation) — President Joe Biden announced Wednesday new efforts to slash credit card late fees and drive down the prices that Apple Inc. and Google parent Alphabet Inc. allegedly charge on mobile app stores. Biden called on Congress to pass legislation that would target
Apple embraces potential of sports streaming with MLS deal
CUPERTINO, Calif. (AP) — After taking its first dip into sports streaming last year, Apple is now immersing itself. The tech giant kicked off a 10-year partnership with Major League Soccer on Wednesday with the launch of Season Pass on
Biden goes after fees levied for flights, hotels and tickets
President Joe Biden took swipes at airlines and hotels Wednesday as he called on Congress to limit certain extra charges they impose on consumers. “These unfair fees add up,” he said, speaking just before a meeting of the White House Competition
Here’s what the Fed interest rate hike means for you
NEW YORK (AP) — The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive. The rate increase will
Fed lifts rate by quarter-point and signals more hikes ahead
WASHINGTON (AP) — The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth hike since March. The Fed signaled that even though inflation is easing, it remains high enough
Stocks slip as Wall Street waits for Fed’s latest rate hike
NEW YORK (AP) — Stocks are drifting lower on Wall Street Wednesday ahead of the Federal Reserve’s latest decision on interest rates. The S&P 500 was 0.3% lower in midday trading. The Dow Jones Industrial Average was down 244 points, or
U.S. job openings rise in December to 11 million
WASHINGTON (AP) — U.S. job openings rose to 11 million in December, a sign the American labor market remains hot and a blow to the Federal Reserve's efforts to cool it off. The Labor Department said Wednesday that openings were up
House to hold first hearing on COVID-related fraud
WASHINGTON (NewsNation) — The House Committee on Oversight and Reform investigating pandemic-related fraud will hold its first hearing Wednesday. A new report from a government watchdog group found almost $5.5 billion in federal COVID aid might have gone to ineligible businesses.