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Labor economy

Trump says he will eliminate taxes on tips

by Vera Ward
Trump says he will eliminate taxes on tips

Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign event, in Las Vegas, Nevada, U.S. June 9, 2024.  Brendan McDermid | Reuters Former President Donald Trump …

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DOJ settles CityMD Covid fraud allegations for $12 million

by Vera Ward
DOJ settles CityMD Covid fraud allegations for  million

People wait in in a queue to enter CityMD, a health clinic that offers coronavirus disease (COVID-19) testing, on the Upper West Side as the Omicron coronavirus variant continues to …

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Child care crisis costs U.S. businesses

by Anas Siddiqui
Child care crisis costs U.S. businesses

Vadym Buinov | Moment | Getty Images The Covid-19 pandemic brought to the surface both cracks and resilience in the American economy, with child care taking center stage as day …

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Oscar Health CEO Mark Bertolini set to take on employer market

by Anas Siddiqui
Oscar Health CEO Mark Bertolini set to take on employer market

Mark Bertolini has helped Oscar Health move toward profitability after taking over as CEO of the health insurer a year ago. Now, he says the company’s next phase of growth …

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Private payrolls growth slows to 152,000 in May, much less than expected, ADP says

by Walter Watson
Private payrolls growth slows to 152,000 in May, much less than expected, ADP says

Private job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness in the labor market. The payroll processing firm said that …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange during afternoon trading on June 3, 2024. Michael M. Santiago | Getty Images Stock futures are near flat Tuesday …

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Biden immigration order labor markets and supply chains

by Vera Ward
Biden immigration order labor markets and supply chains

President Joe Biden delivers remarks about immigration and border security on February 29, 2024 in Olmito, Texas.  Cheney Orr | Getty Images President Joe Biden’s new executive order tightening asylum …

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Half of workers may struggle to get obesity drug insurance coverage

by Akin Smith
Half of workers may struggle to get obesity drug insurance coverage

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Companies are increasing access to new …

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Samsung faces probe after two chip workers exposed to radiation

by Edgar Davis
Samsung faces probe after two chip workers exposed to radiation

Samsung at the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images) Joan Cros | Nurphoto | Getty Images South Korean …

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Why Walmart, Walgreens, CVS health clinic experiment is struggling

by Akin Smith
Why Walmart, Walgreens, CVS health clinic experiment is struggling

Bobbi Radford showed up at the CVS MinuteClinic in Batavia, Ohio, last Thanksgiving because she had pain in her arm. “I waited an hour and then was told to go to the …

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