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…
Here’s what to expect from the April jobs report on Friday
Hiring likely continued at a brisk pace in April as investors look for any cracks in the labor market that…
Biden blames China, Japan and India’s economic woes on ‘xenophobia’
President Joe Biden said on Wednesday that “xenophobia” from China to Japan and India is hobbling their growth, as he argued that migration has been good for the U.S.…
Private payrolls increased by 192,000 in April, more than expected for resilient labor market
Private payrolls increased at a faster-than-expected pace in April, indicating there are still plenty of tail winds for the U.S.…
McDonald’s and other big brands warn that low-income consumers are starting to crack
Some of America’s best-known corporations are saying their consumers are being pinched by inflation as prices continue rising. Inflation has…
Worker pay rose more than expected in Q1 in another sign of persistent inflation
Employee compensation costs jumped more than expected to start the year, providing another danger sign about persistent inflation, while consumer…
U.S. Chamber of Commerce, business groups sue FTC over ban on noncompete clauses
The U.S. Chamber of Commerce and several other business groups on Wednesday sued the Federal Trade Commission in Texas federal…
