Private payrolls grew by just 150,000 in June, less than expected
Private payroll growth edged lower in June, according to a report Wednesday from ADP that indicates a potential slowdown in…
Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
How’s your 401(k) looking? A new report shows Americans are saving more, but probably need to do even more. Vanguard has…
The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator
The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author…
American households have seen their purchasing power increase
Americans have seen their buying power rise for a year amid falling inflation and a strong job market, which might…
How immigrants are helping keep job growth hot while inflation cools
Immigration — both authorized and unauthorized — has helped the U.S. job market sustain a fiery run in recent months…
Trump says he will eliminate taxes on workers’ tips in a play for Nevada voters
Former President Donald Trump said he would eliminate taxes on tipped income if he wins a second White House term,…
DOJ settles CityMD Covid fraud allegations for $12 million
Walgreens-backed CityMD will pay $12.04 million to settle Covid fraud allegations brought by the Department of Justice, the department announced…
Private payrolls growth slows to 152,000 in May, much less than expected, ADP says
Private job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness…
Biden’s new immigration executive order could tighten labor markets, but ease supply chain bottlenecks
President Joe Biden’s new executive order tightening asylum limits at the U.S.-Mexico border could have the double-edged economic effect of…
Immigrant workers are helping boost the U.S. labor market
The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age…
