Fewer Americans file for jobless claims as US labor market continues to defy elevated interest rates

Fewer Americans file for jobless claims as US labor market continues to defy elevated interest rates

By MATT OTT The number of Americans filing for unemployment benefits fell slightly last week as the U.S. labor market remains healthy in the face of high interest rates. Jobless claims ticked down by 2,000 to 231,000 for the week of Aug. 24, the Labor Department reported Thursday. That’s just below the 232,000 new filings … Read more

Fed judge blocks rule to ease unionization; Lead-tainted cinnamon recalled

Fed judge blocks rule to ease unionization; Lead-tainted cinnamon recalled

A federal judge in Texas has blocked a new rule by the National Labor Relations Board that would have made it easier for millions of workers to form unions at big companies. The rule, which was due to go into effect Monday, would have set new standards for determining when two companies should be considered … Read more