A sharp fall in the markets happened on June 5, driven by a jobs report that surprised many. The U. S. Department of Labor announced more workers were hired than analysts expected, raising worries that inflation might stay high for longer. Because of this, investors feared the Federal Reserve
A fresh batch of $48 million from the city has arrived for Philadelphia’s schools, but the district is still set to cut 340 teaching positions. The teachers’ union president, Arthur Steinberg, blasted the decision as “ridiculous. ” He says the money was meant to keep teachers, climate staff and c
The latest jobs report shows a strong economy. For the third month in a row, new jobs grew faster than expected. The job market is adding a lot of positions while not letting many go. About 188, 000 new jobs were added each month on average. That’s a big deal because it’s higher than usual. In fact,
April brought tough news for workers across California as the state lost 3, 300 jobs. The Bay Area followed the same trend, shedding 700 positions. But not all areas suffered equally. The South Bay bucked the trend by adding 500 jobs, defying the broader slowdown. The tech industry remains the bigg
Energy projects across the United States can move faster if the rules for getting permits are made simpler and more reliable. Even when politics is heated, many lawmakers agree that better permitting would help build new power plants and offshore wind farms. If the current Congress acts before its t
The last month, a survey of more than two thousand U. S. adults revealed that worry about money has reached new highs, and many feel less confident than they did a year ago. A majority say their pay isn’t keeping pace with rising prices, and most describe the economy as “uncertain. ” Gas prices
This week could set the tone for the economy. After last month’s sudden drop of 92, 000 jobs, investors are watching closely to see if the labor market is bouncing back or slipping further. Friday’s big jobs report will reveal how many new jobs were added in April, along with wage growth and unemplo
"Tomasz Skublak, a 28‑year‑old striker for Inter Toronto in Canada’s top soccer league, made headlines after a goal by showing off a business card for his real‑estate side job. The moment, captured on camera and shared online, sparked a conversation about how many professional athletes balance spor
The once‑buzzy low‑fare carrier, known for its bright yellow planes and cheeky marketing, has announced it will shut down immediately. Spirit’s website states that every flight is cancelled and customer service has closed, urging passengers to expect refunds but offering no assistance with altern
The market has been nervous about artificial intelligence, but new evidence shows it’s actually boosting job growth and demand for software. A study by Apollo Global Management highlights a steep rise in new businesses that use AI, especially in areas where the technology is most adopted. This trend
