After Starbucks fired seven workers who were trying to unionize their Tennessee store, a U.S. government agency obtained a court order forcing the company to rehire them. Now, Starbucks wants the Supreme Court to curb the government’s power in such cases. On Tuesday, justices are scheduled to hear Starbucks’ case against the National Labor Relations […]
Fed announces it will keep interest rates at 5.25% to 5.5% as rate of inflation remains above target of 2%The Federal Reserve announced on Wednesday that it is holding interest rates steady at 5.25% to 5.5%, their highest level in two decades, as inflation continues to dog the US economy.Though some had hoped the Fed would soon cut interest rates, which are at their highest level since 2007, the annual rate of inflation has stubbornly remained above 3%. The Fed’s target rate is 2%. Continue...
The CPI and PCE aren't meant to be one-size-fits-all, so they can feel out of step with some consumers' experiences.
Humza Yousaf cannot be forgiven for the damage he has done to families in Scotland, Scottish Conservative Douglas Ross has said.
By imposing restrictions on emissions from coal-fired plants, the government is signaling a commitment to reducing greenhouse gas emissions and safeguarding public health and the environment.
(The Center Square) – The Environmental Protection Agency awarded $156 million in federal taxpayer dollars toward developing solar power access in the state of Arizona. The grant is part of “Solar for All” program that the governor’s office said would equip 61 megawatts of solar to Arizonans, according to a news release. “Solar for All Arizonans is a critical program that will lower energy costs for thousands of Arizonans,” Gov. Katie Hobbs said in a statement....
The UAE Central Bank (CBUAE) kept interest rates unchanged on Wednesday after the US Federal Reserve held interest rates steady citing “lack of further progress” on inflation. The CBUAE has decided to maintain the base rate applicable to the overnight deposit facility (ODF) at 5.40 percent. “The CBUAE has also decided to maintain the interest rate applicable to borrowing short-term liquidity at 50 basis points above the base rate for all standing credit facilities,” the central bank said. ...
The European Union is the latest government entity to ponder canceling a Chinese government-tied app. Soon after President Joe Biden signed a bill giving TikTok a choice between Chinese divestment and a ban in the U.S., European Commission President Ursula von der Leyen took up the same question, according to Politico EU. Asked about the possibility of a TikTok ban during a European Union (EU) candidate debate, von der Leyen replied, “It is not excluded.” This comes as TikTok already faces...
The European Union is the latest government entity to ponder canceling a Chinese government-tied app. Soon after President Joe Biden signed a bill giving TikTok a choice between Chinese divestment and a ban in the U.S., European Commission President Ursula von der Leyen took up the same question, according to Politico EU. Asked about the possibility of a TikTok ban during a European Union (EU) candidate debate, von der Leyen replied, “It is not excluded.” This comes as TikTok already faces...
The government is pursuing age verification for online porn. It's going to be complicated. Everyone agrees kids shouldn't be able to access porn online. Stopping them is much harder than you might think.
After identifying remnants of bird flu virus in grocery store milk, federal officials announced Wednesday that they "believe" the nation's milk supply is safe and that the virus is inactivated by pasteurization. "Heating milk to a specific temperature for a set period of time through pasteurization is done to limit the activity of pathogens to a level that does not pose a risk to consumer health," said Don Prater, acting director of the U.S. Food and Drug Administration's Center for Food Safety...
The US Department of Agriculture said Wednesday that it is issuing a federal order to require more testing and reporting of H5N1 influenza, more commonly known as bird flu, in dairy cows. The USDA had previously required reporting of H5N1 influenza in poultry and wild birds, but producers were not required to let the government know if cows tested positive – a factor the USDA admitted had hampered its ability to investigate the spread of the current outbreak in cattle. Since cases were confirmed...