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How to protect your investments in the debt ceiling standoff
How to protect your investments in the debt ceiling standoff
No one can say yet which day the US Treasury would no longer be able to pay all the bills of the United States in full and on time if lawmakers refuse to raise the debt limit.
2023-05-17 22:46
Argentina annual inflation exceeds 108 percent in April
Argentina annual inflation exceeds 108 percent in April
Inflation in Argentina reached 108.8 percent in the 12 months to April, a more than three decade high, the Indec...
2023-05-13 05:21
Buffett’s Cash at Record $157 Billion After Deal Slump
Buffett’s Cash at Record $157 Billion After Deal Slump
Berkshire Hathaway Inc.’s cash pile scaled a fresh record at $157.2 billion, bolstered both by elevated interest rates
2023-11-10 07:18
Bitcoin Retreat Puts Crypto’s 2023 Lead Over Stocks in Jeopardy
Bitcoin Retreat Puts Crypto’s 2023 Lead Over Stocks in Jeopardy
The crypto market’s once-handsome 2023 lead over stocks is cracking as Bitcoin holds a retreat below $30,000. The
2023-07-26 02:21
North Korea Fires Several Cruise Missiles, Yonhap Reports
North Korea Fires Several Cruise Missiles, Yonhap Reports
North Korea fired several cruise missiles on Saturday, Yonhap said, just days after it shot off a pair
2023-09-02 07:23
Gloomy Spirit, Expedia reports drag travel stocks lower on demand slowdown fears
Gloomy Spirit, Expedia reports drag travel stocks lower on demand slowdown fears
U.S. travel stocks fell in early trading on Thursday following downbeat quarterly reports from Spirit Airlines and Expedia
2023-08-03 23:46
US House panel probes BlackRock, MSCI on China investment flow
US House panel probes BlackRock, MSCI on China investment flow
US lawmakers are probing American investment flows facilitated by BlackRock and MSCI to Chinese companies that Washington has sanctioned, a...
2023-08-02 05:54
Costa Rica’s President Declares an End to Decades of Reckless Debt and Deficits
Costa Rica’s President Declares an End to Decades of Reckless Debt and Deficits
Costa Rica’s days of living beyond its means and running up reckless amounts of debt are over, said
2023-05-10 22:30
PwC Australia sacks eight partners over tax leak scandal
PwC Australia sacks eight partners over tax leak scandal
By Lewis Jackson SYDNEY PwC Australia has fired eight partners including its former chief executive as part of
2023-07-03 10:54
US Job Growth Is Expected to Cool as the Fed Looks to Pause Again
US Job Growth Is Expected to Cool as the Fed Looks to Pause Again
Employers in the US probably tempered their pace of hiring this month after beefing up payrolls by the
2023-10-29 04:52
Lenovo Drops 6% After Profit Miss Amid Prolonged PC Downturn
Lenovo Drops 6% After Profit Miss Amid Prolonged PC Downturn
Lenovo Group Ltd.’s profit missed estimates for a second straight quarter after the global PC market slid deeper
2023-08-17 14:27
Florida seeing spike in child labour as Republican states across the country push to remove barriers
Florida seeing spike in child labour as Republican states across the country push to remove barriers
A number of Republican-led states spent their most recent legislative sessions relaxing child labour laws — while one state is already experiencing a rise in child labour cases. A report from WFTV in Orlando published Wednesday suggests that central Florida is already seeing a spike in child labour cases that dates back to the onset of the Covid-19 pandemic. The nature of the cases reportedly range in scope and seriousness from having children working too many hours on school days to operating heavy machinery and beyond. “From [fiscal years] 2020 until 2022, we have seen more child labor that we had seen from 2011 to 2020,” Department of Labor District Director Wildalí De Jesús told WFTV. The Covid pandemic began in 2020 and upended the labour market — causing the service economy to contract and then leaving a number of employers without adequate staff when lockdown measures were relaxed and consumption habits returned to pre-pandemic levels. Still, the data shows an alarming trend in the illegal exploitation of minors in the workforce at a time when states across the country are working to roll back child labour laws that are a longstanding legacy of the children’s rights and labour movements. Already this year, numerous GOP-led states including Missouri, Ohio, Arkansas, and Iowa have passed laws weakening child labour laws — allowing companies to hire children without work permits and making it legal for them to working longer hours in more dangerous conditions. The push to weaken child labour laws has reportedly been led by a Florida-based think tank, the Foundation for Government Accountability, which drafted the model legislation for states to use to roll back their child labour protections. The data from Florida is not entirely clear on several points, including how many of the children in question are undocumented immigrants. In her comments to WFTV, Ms De Jesús said parents are not always in a position to know the exact details of the work their children are doing and how it aligns with child labour law. “We’re seeing a trend of much younger children… because sometimes the children don’t know what they’re supposed to do or not supposed to do,” Ms De Jesús told the television station. “A lot of times parents don’t know either. They may assume that it’s safe or that [the child is] working the correct hours and that there’s no limitations, but there are.” Earlier this year, the Department of Labor reported a 68 per cent increase in the number of children illegally employed by US companies since 2018. A number of those children may be undocumented migrants. Read More Wisconsin teen dies in sawmill accident in one of 14 states looking to roll back child labour laws
2023-07-14 07:20