Employment growth eased in June, taking some steam out of what had been a stunningly strong labor market. Nonfarm payrolls increased 209,000 in June and the unemployment rate was 3.6%, the Labor Department reported Friday.…
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Business
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Whether you’re contemplating buying or selling a house these days, it’s likely you’re a baby boomer — or are financially supported by one. At $436,800, the median home sale price in the U.S. remains significantly…
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Mortgage rates last week hit their highest level since the end of May, which in turn weighed on mortgage demand. Total mortgage application volume dropped 4.4% last week compared with the previous week, according to…
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Tesla must send extensive new records to the National Highway Traffic and Safety Administration as part of an Autopilot safety probe — or else face steep fines. If Tesla fails to supply the federal agency with information…
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People with disabilities have been among the greatest beneficiaries of the strong post-pandemic rebound in the labor market. And on Friday, the Bureau of Labor Statistics added another data point to this trend. Among that…
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With a little more than three weeks until UPS workers’ threatened strike date arrives, businesses that rely on the nation’s largest package carrier have been considering their plan Bs. Teamsters leaders representing 340,000 UPS employees…
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Business
JetBlue says it will end passenger-sharing agreement with American Airlines to focus on buying Spirit
JetBlue Airways said Wednesday that it will end its partnership in the northeastern U.S. with American Airlines after a federal judge ordered the carriers to end the agreement, as the New York airline focuses on its acquisition of Spirit Airlines instead.…
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Amid continued unprecedented demand for international travel, the State Department is advising Americans to submit applications for passports at least six months before their scheduled departure dates. A State Department official said in an email…
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Taylor Swift signed and agreed to a sponsorship deal with bankrupt crypto exchange FTX after months of discussion before executives at FTX decided not to go through with the deal, a person familiar with the…
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Business
Subway is adding deli slicers to give customers freshly sliced meats in-store for the first time
Subway is installing deli meat slicers in 20,000 of its U.S. locations to give customers freshly cut meat, an endeavor it is calling ‘one of the most complex changes the brand has ever made.’ Previously,…