Labor economy

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…

FTC votes to ban noncompete clauses that bar employees from working for competitors

The Federal Trade Commission on Tuesday voted 3-2 for a nationwide ban against noncompete agreements, which companies use to prevent…

Job gains expected again in March. Here are all the things to look for in Friday’s report

The March nonfarm payrolls count likely will indicate hiring continuing at a solid pace, though some weakening foundations of the…

Biden says U.S. economy is world’s best. Trump calls it a ‘cesspool.’ Data is clear.

President Joe Biden is fighting to convince inflation-weary voters that the U.S. economy is healthy. “America has the best economy…

Turkey’s inflation climbs to 68.5% despite continued rate hikes

Turkey’s annual inflation rose to 68.5% for the month of March, an increase on February’s 67.1% inflation read, according to…

SpaceX hit with new NLRB complaint over severance agreements, dispute resolution rules

The National Labor Relations Board accused SpaceX in a new complaint of entering into unlawful severance agreements with terminated employees…

How to spot and overcome ‘ghost’ jobs

There can be ample roadblocks during a job hunt, including so-called “ghost” jobs. These can be phantom listings for jobs…

White House urges Senate to ‘move swiftly’ on TikTok bill as lawmakers drag their heels

White House national security adviser John Kirby said Sunday that the Senate should swiftly advance a bill that would force…