Business Update
What to know about the report.
Employers added 115,000 jobs and the unemployment rate remained at 4.3 percent despite higher energy prices and instability spurred by the war with Iran. Source link
Trump’s Latest Tariff Setback Looms Over China Talks
For the president, a major legal defeat could undercut his leverage as he prepares to head to Beijing next week for high-stakes trade negotiations. Source link
ABC Accuses Government of Violating First Amendment
The network’s argument, made to the F.C.C., is the most aggressive posture taken yet by a television network toward the Trump administration. Source link
Meta’s Embrace of A.I. Is Making Its Employees Miserable
As it adapts to the artificial intelligence era, the company is pushing many of its 78,000 workers to use the technology, and preparing to lay some of them off. Source link
Fed officials weigh stable jobs backdrop against rising inflation risks.
April’s report showed employers added more jobs than expected, supporting the central bank’s view that it can afford to hold interest rates steady. Source link
Fed officials weigh stable jobs backdrop against rising inflation risks.
Fed officials weigh stable jobs backdrop against rising inflation risks. Source link
‘Fired From Retirement’: Financially Insecure, Older Americans Return to the Grind
People return to work for many reasons, but the biggest is financial need. As costs remain high, more retirees could be looking to re-enter the job market. Source link
Oil Prices Rise as U.S. and Iran Test Truce With Military Strikes
Oil prices rose after the United States attacked Iranian military sites in retaliation for Iran firing on U.S. warships in the Strait of Hormuz Source link