U.S. filings for unemployment benefits hit four-month low
Employers are holding on to their workers despite the Federal Reserve’s efforts to slow the economy and tamp down inflation.
Employers are holding on to their workers despite the Federal Reserve’s efforts to slow the economy and tamp down inflation.
The countdown toward a possible U.S. government default began Thursday with Treasury implementing accounting measures to buy time as frictions between President Joe Biden and House Republicans raise alarms.
The ACLU said it stands by its arguments that the Indiana law violates federal Title IX protections—and indicated that it could file future legal challenges on behalf of other transgender students.
Loretta Mester, a key Federal Reserve policymaker, said further rate hikes are still needed to decisively crush the worst inflation bout in four decades.
Americans cut back on spending in December, the second consecutive month they’ve done so, underscoring how inflation and the rising cost of using credit cards slowed consumer activity over the crucial holiday shopping season.
The ongoing slowdown in wholesale price growth is adding to evidence that the worst bout of inflation in four decades is steadily easing, though it remains far above the Federal Reserve’s target of 2%.
The company said in a regulatory filing Wednesday that the layoffs were a response to “macroeconomic conditions and changing customer priorities.”
The report from United comes on the heels of upbeat comments by its closest rivals, Delta Air Lines and American Airlines. Officials with all three carriers say that consumers are still booking travel despite concern about the economy.
Two-time Indianapolis 500 winner Takuma Sato will share the No. 11 Honda with rookie Marcus Armstrong, who was hired to drive the IndyCar street and road course races for Ganassi.
The dip was not unexpected with “Thursday Night Football” moving from Fox and NFL Network to exclusively airing on Amazon Prime Video.
In one case involving a former postal employee, the justices will consider what accommodations employers must make for religious employees. Other cases involve property taxes and prescription pricing.
There’s little belief the college bribery scandal has stirred significant change in the admissions landscape.
Faced with a historic system failure that grounded air service, Pete Buttigieg appeared to lean into his role as the face of the beleaguered American transportation network.
At the NCAA convention Thursday in San Antonio, outgoing President Mark Emmert said goodbye, incoming President Charlie Baker introduced himself and the state of college sports was declared perilous.
The news comes after the National Taxpayer Advocate reported Wednesday that the IRS watchdog is seeing “a light at the end of the tunnel” of the IRS’ customer service struggles.
California on Thursday announced it will sue the companies that make and promote most of the nation’s insulin, accusing them of scheming to illegally increase the price of the drug.
The surprise announcement means Larson would become just the fifth driver to run “The Double” on Memorial Day weekend, driving the Indy 500 and Coca-Cola 600 in North Carolina on the same day.
Warren, hired by the Big Ten in 2019, led the conference through its expansion to include the University of Southern California and UCLA beginning in 2024, and last summer, he unveiled a massive set of media rights deals for the conference.
Larson is entering his third season driving for Hendrick Motorsports and had been actively pursuing an Indy 500 ride.
Delays and cancellations among flights across the United States were minimal on Thursday, a day after a system that offers safety information to pilots failed, grounding U.S. air traffic and leading to thousands of stranded travelers.