Millions of salaried workers would get overtime pay under Biden administration proposal
Some 3.6 million salaried workers would newly qualify for overtime pay under a proposed rule unveiled by the US Department of Labor on Wednesday. It would guarantee overtime pay of at least time-and-a-half for most salaried workers earning less than $1,059 a week, or about $55,000 a year.
2023-08-31 03:24
Biden admin. plan to guarantee overtime pay for 3.6 million workers
By Daniel Wiessner The administration of U.S. President Joe Biden on Wednesday moved to extend mandatory overtime pay
2023-08-30 22:24
The US economy grew more slowly in the second quarter than previously estimated
The US economy grew more slowly in the second quarter than previously estimated — a good sign for the Federal Reserve, which is attempting to cool demand to bring down price increases.
2023-08-30 20:58
U.S. consumer sentiment slips slightly in August
By Safiyah Riddle (Reuters) -U.S. consumer sentiment fell modestly in August, as short and long term inflation expectations worsened, a
2023-08-26 01:26
Consumers are growing slightly more cautious about the economy
Americans' attitudes toward the US economy appear to be growing more tepid.
2023-08-25 23:58
South Korea consumer sentiment weakens in August on growth worries
SEOUL South Korea's consumer sentiment weakened in August for the first time in six months, a central bank
2023-08-22 05:29
Back to the future for India's rice farmers
India, the world's biggest rice exporter, is turning to old varieties and new farming techniques.
2023-08-15 05:20
Maui wildfires cause more than $1.3 billion in residential property damage, according to a preliminary estimate
The devastating Maui firestorm, which killed dozens of people and displaced thousands more, cost $1.3 billion in damage to 3,088 residences, a preliminary report found Thursday.
2023-08-12 07:24
US consumer sentiment dips in August; inflation expectations improve
WASHINGTON U.S. consumer sentiment dipped in August, but Americans expected inflation to edge lower over the next year
2023-08-11 22:21
US consumers are feeling gloomier about the economy for the first time this summer
Americans became slightly more gloomy about the economy this month, following two straight months of growing optimism.
2023-08-11 22:18
How Much Do All the Streaming Services Cost? Too Much.
Pricing the streaming options is a headache.
2023-08-11 01:56
From prized startup to possible bankruptcy: WeWork's tumultuous path
Flexible workspace provider WeWork on Tuesday warned of a bankruptcy risk after reporting yet another quarterly loss, in
2023-08-09 22:28