AI cost nearly 4,000 people in the U.S. their jobs, report says
U.S. companies said in May over 80,000 jobs would be eliminated.
U.S. companies said in May over 80,000 jobs would be eliminated.
The jobs' boom continues unabated
May's job gains of 339,000 were surprising, unexpected and across all sectors of the economy. They are so high, they might be considered inflationary.
May's job gains of 339,000 were surprising, unexpected and across all sectors of the economy. They are so high, they might be considered inflationary.
Debt ceiling: Senate gives final approval to deal, sending it to Biden
Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package.
Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package.
Debt ceiling: House OKs bill to avoid default, sends Biden-McCarthy deal to Senate
The House has approved the debt ceiling and budget cuts package, sending it to the Senate. President Joe Biden negotiated the deal with Speaker Kevin McCarthy to avert a U.S. default crisis.
The House has approved the debt ceiling and budget cuts package, sending it to the Senate. President Joe Biden negotiated the deal with Speaker Kevin McCarthy to avert a U.S. default crisis.
Debt ceiling: Bill on its way to House floor after clearing key hurdle
Under fire from conservatives, House Speaker Kevin McCarthy is hunting for votes from fellow Republicans for the debt ceiling deal.
Under fire from conservatives, House Speaker Kevin McCarthy is hunting for votes from fellow Republicans for the debt ceiling deal.
These billionaires are worth more than the US Treasury has in cash, report says
The cash balance at the U.S. Treasury is lower than the net worth of some of the world's richest people, according to the Bloomberg Billionaire Index.
The cash balance at the U.S. Treasury is lower than the net worth of some of the world's richest people, according to the Bloomberg Billionaire Index.
Fight over national debt limit moves to Congress, as deadline looms
President Biden and House Speaker Kevin McCarthy are expressing optimism that their debt limit compromise deal, will be able to pass the House and Senate by the deadline June 5th.
President Biden and House Speaker Kevin McCarthy are expressing optimism that their debt limit compromise deal, will be able to pass the House and Senate by the deadline June 5th.
State Farm not insuring new homes and businesses in California
State Farm General Insurance Company is no longer accepting new applications for homeowners insurance policies in California, citing rising construction costs and growing risk of catastrophic wildfires.
State Farm General Insurance Company is no longer accepting new applications for homeowners insurance policies in California, citing rising construction costs and growing risk of catastrophic wildfires.
Debt ceiling deal: Here's what's in, what's out of the bill to avert US default
Details of the deal between President Joe Biden and House Speaker Kevin McCarthy are out. But the two leaders still have to persuade Congress to pass the bill.
Details of the deal between President Joe Biden and House Speaker Kevin McCarthy are out. But the two leaders still have to persuade Congress to pass the bill.
Biden, McCarthy reach final deal in debt ceiling talks, look to sell Congress
The Democratic president and Republican speaker spoke with each other Sunday evening as negotiators rushed to draft the bill text so lawmakers can review compromises that neither the hard-right or left flank is likely to support.
The Democratic president and Republican speaker spoke with each other Sunday evening as negotiators rushed to draft the bill text so lawmakers can review compromises that neither the hard-right or left flank is likely to support.
Source: Debt ceiling 'agreement in principle' has been reached
President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle" late Saturday as they raced to strike a deal that to limit federal spending and resolve the looming debt crisis ahead of a June 5 deadline,
President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle" late Saturday as they raced to strike a deal that to limit federal spending and resolve the looming debt crisis ahead of a June 5 deadline,
State Farm ceasing new applications in California for property insurance, other policies
The State Farm General Insurance Company will no longer accept new applications for property insurance and other policies in California, citing "historic" increases in construction costs and inflation, the company said Friday.
The State Farm General Insurance Company will no longer accept new applications for property insurance and other policies in California, citing "historic" increases in construction costs and inflation, the company said Friday.
San Francisco’s Market Street Old Navy to close, company says
The iconic Old Navy store on Market Street in downtown San Francisco will shutter its doors on July 1 after nearly 30 years in operation, a spokesperson for Gap Inc., Old Navy’s parent company, announced on Friday.
The iconic Old Navy store on Market Street in downtown San Francisco will shutter its doors on July 1 after nearly 30 years in operation, a spokesperson for Gap Inc., Old Navy’s parent company, announced on Friday.
Debt ceiling talks 'closer to an agreement,' stuck on work requirements for food aid
The US could default on its debt obligations by June 5 if lawmakers don't act in time.
The US could default on its debt obligations by June 5 if lawmakers don't act in time.
New college graduates worried about job prospects with shaky market
Companies in a national survey say they still expect to hire about 4% more college graduates in 2023 compared to 2022, but they are less optimistic about the pace of hiring than they were late last year.
Companies in a national survey say they still expect to hire about 4% more college graduates in 2023 compared to 2022, but they are less optimistic about the pace of hiring than they were late last year.
San Jose officials try to save neglected historic church while owner on house arrest
The city of San Jose is preparing to fine a developer a $1,000 a day for neglecting a historic downtown church. If the church is not sold to someone else soon, city officials said they may take ownership.
The city of San Jose is preparing to fine a developer a $1,000 a day for neglecting a historic downtown church. If the church is not sold to someone else soon, city officials said they may take ownership.
Debt ceiling: No agreement yet, but Biden, McCarthy say they're optimistic after meeting
President Joe Biden and House Speaker Kevin McCarthy say they and their lead negotiators have had a productive meeting at the White House on the impasse over the government's debt ceiling.
President Joe Biden and House Speaker Kevin McCarthy say they and their lead negotiators have had a productive meeting at the White House on the impasse over the government's debt ceiling.
Debt ceiling explained: Why it's a struggle, how the impasse could end
Negotiations are continuing over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills.
Negotiations are continuing over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills.
Debt ceiling: Biden cuts short upcoming trip; McCarthy says deal possibly by end of week
The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.
The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.
Self-checkout machines now ask for tips in latest squeeze on customers
Consumers are now requested to leave tips at self-checkout machines at some airports, bakeries, coffee shops and stadiums across the US
Consumers are now requested to leave tips at self-checkout machines at some airports, bakeries, coffee shops and stadiums across the US