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Immigrant workers are helping boost the U.S. labor market
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U.S. citizen accused of helping North Korean IT workers infiltrate U.S. companies
Prosecutors said some of the affected companies were Fortune 500 corporations, including a major TV network, a defense company, and a car maker.CBS News - Top stories -
Economy Losing Steam as Labor Market Tightens
Weekly jobless claim numbers decline as the impact of higher interest rates starts to hit key business sectors like homebuilding and manufacturing.Inc. - Business -
Some data in the market-moving CPI report was released early by the Labor Department
Information about Wednesday's critical consumer price index release circulated early on the Bureau of Labor Statistics website.CNBC - Business -
Trump-allied Republicans are changing the GOP's approach to labor, free markets and regulation
To Trump-allied neopopulists, corporate CEOs are not the GOP's allies in a war with big government. They are "woke" elitists, pushing liberal cultural values.CNBC - Business - Republican Party -
Trump’s immigration plan could add trillions of dollars to national debt, fueling inflation and market jitters
Donald Trump’s tax and spending plans for his would-be second term in office imply a willingness to see the federal budget deficit rise to truly unprecedented levels.MarketWatch - Business -
Kerry Washington, Adam Kinzinger to help lead poll worker recruitment effort
Kerry Washington and former Rep. Adam Kinzinger (R-Ill.) are teaming up to help lead an effort to recruit election poll workers ahead of November. The former "Scandal" star and the ex-congressman will be among the co-chairs on an advisory council ...The Hill - Politics -
What killed Red Lobster? Endless shrimp, above-market leases, labor costs, and inflation, says new CEO
Red Lobster’s new CEO pins the blame for the company’s bankruptcy on a host of factorsMarketWatch - Business -
Record number of U.S. workers cheating on drug tests, Quest Diagnostics finds
Quest Diagnostics says a record number U.S. workers are cheating employer drug tests with urine samples and other tests showing signs of tampering, six times more often in 2023 than the year before. CBS News MoneyWatch reporter Megan Cerullo ...CBS News - Top stories -
How Toyota's Tacoma became king of the U.S. midsize truck market
The midsize Toyota Tacoma truck outsells rivals, including American brands. But the market is increasingly crowded with trucks from Ford, GM, and EV brands.CNBC - Business -
Ukraine Asks for U.S. Help in Striking Targets Inside Russia
Ukraine has also asked the U.S. to lift restrictions on the use of American provided weapons against military objectives inside Russia, U.S. and defense officials said.The Wall Street Journal - World - Ukraine
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McDonald's franchisee group says $5 value meal can't last without company investment
The $5 value meal will hit menu boards beginning June 25 and will last roughly a month.CNBC - Business -
Nvidia is talk of the town at AI events leading into this week’s earnings
As tech companies revealed their latest plans for artificial intelligence in the past week, Nvidia's name has been everywhere.CNBC - Business -
Here's where rents are rising — and where they're falling
Of the nation's 20 largest cities, Seattle saw the highest year-over-year increase in single-family rents, followed by New York and Boston.CNBC - Business -
Biden to release 1 million barrels of gasoline to reduce prices at the pump ahead of July 4
The Biden administration will release 1 million barrels of gasoline from reserves held in the Northeast to reduce prices ahead of the July 4 holiday.CNBC - Business - Joe Biden -
Ether jumps more than 20% in two days on renewed optimism for an ETF
Cryptocurrencies rallied amid a late surge in optimism around SEC decisions on spot ether ETF applications, the first of which is due this week.CNBC - Business