US weekly job claims fall, boosting case for Fed to cut rates

US weekly job claims fall, boosting case for Fed to cut rates

The number of Americans filing new applications for unemployment benefits fell last week — surprising economists and boosting hopes that the Federal Reserve will finally start cutting interest rates next month. The Labor Department said initial claims for state unemployment benefits dropped to a seasonally adjusted 227,000 for the week ended Aug. 10, missing economists’ … Read more

Dollar General Reaches $12M Settlement With Department Of Labor For Safety Violations

Dollar General Reaches M Settlement With Department Of Labor For Safety Violations

Dollar General on Thursday has agreed to a $12 million settlement with the U.S. Department of Labor over failure to implement extensive safety improvements across its more than 19,000 stores nationwide. This adds to the over $21 million in fines Dollar General has accrued from the federal Occupational Safety and Health Administration (OSHA) since 2017, … Read more

Biden overtime pay rule challenged by business groups

Biden overtime pay rule challenged by business groups

A coalition of U.S. business groups has filed a lawsuit seeking to block a Biden administration rule that would extend mandatory overtime pay to 4 million workers, saying it goes too far. The groups filed a complaint in Sherman, Texas federal court late on Wednesday claiming the U.S. Department of Labor lacked the power to … Read more