Latest in Prison labor, an invisible workforce of the U.S. economy
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Prison labor, an invisible workforce of the U.S. economy
Incarcerated workers produce $2 billion in goods and $9 billion in services every year. But not all of the incarcerated are paid for their labor, which can benefit people inside and outside a ...CBS News - 17h -
U.S. economy on shaky footing, Trump calls it a "detox period"
The U.S. economy is on shaky footing. The Trump administration calls it a "detox period" as it overhauls the federal government with layoffs, funding cuts and new tariffs. For markets, it's ...CBS News - 1d -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - 2d -
Son of ruthless cartel leader gets life in U.S. prison for trafficking drugs
Rubén Oseguera, known as "El Menchito", is the son of Nemesio "El Mencho" Oseguera, the fugitive cartel boss of the Jalisco New Generation cartel.CBS News - 2d -
Trump's Canada, Mexico tariffs try to 'stop the bleeding' in US economy: UAW chief
President Donald Trump's tariffs on Canada and Mexico "are an attempt to stop the bleeding" in the U.S. economy, United Auto Workers President Shawn Fain said.ABC News - 8h -
CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
U.S. President Donald Trump's policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.CNBC - 5h -
Impeached South Korean leader freed from prison
Impeached South Korean President Yoon Suk Yeol was released from prison Saturday after a court ruled his detention over insurrection charges was invalid. The conservative president faces charges ...The Hill - 1d -
After 40 years on the run, escaped prisoner located and caught
A man who escaped a Puerto Rican prison nearly 40 years ago was taken into custody in Florida, according to the Lee County Sheriff's Office.ABC News - 1d -
CCP Games appoints Head of Economy for Eve Frontier
CCP Games has hired Stefán Þórarinsson as its Head of Economy to roll out new updates and research for Eve Frontier.VentureBeat - 2d -
How COVID-19 Still Affects the Economy 5 Years Later
Though the pandemic shock has ended, COVID-19 continues to shape the economy.Inc. - 11h -
South Korea's impeached President Yoon released from prison
South Korea’s impeached President Yoon Suk Yeol has been released from prison, a day after a Seoul court canceled his arrest to allow him to stand trial for rebellion without being physically detainedABC News - 1d -
MoJ readies extra prison places in case summer riots happen again
Exclusive: Justice minister James Timpson says more cell capacity means emergency early release schemes won’t be needed. Prisons are being prepared to cope with a sudden influx of offenders in case ...The Guardian - 9h -
British workforce assesses US backlash against diversity rules
Companies in American-owned groups are most exposed, although UK law will make it difficult to remove all safeguardsFinancial Times - 3h -
South Korea's impeached President Yoon released from prison
South Korea's impeached President Yoon Suk Yeol has been released from prison a day after a Seoul court canceled his arrest to allow him to stand trial for rebellion without being physically detained.CBS News - 1d -
Impeached South Korean president released from prison ahead of insurrection trial
Both supporters of Yoon Suk Yeol and those who backed his impeachment rallied in Seoul ahead of his release. South Korea’s impeached conservative president, Yoon Suk Yeol, has been released from ...The Guardian - 1d -
Mass prison escapes stoke panic in DRC after rebel advance
People warn of growing lawlessness amid concerns that thousands of escaped convicts may try to exact revenge. Mass prison escapes during the chaos of fighting in the eastern Democratic Republic of ...The Guardian - 2h -
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - 6h -
The US economy is heading for recession
Donald Trump’s policy agenda is sapping American animal spiritsFinancial Times - 19h -
It’s getting ‘uncomfortably difficult’ to find a job. Here are the bright spots in this labor market.
Why the latest report is giving job hunters the jitters: longer stretches of unemployment and more part-time work.MarketWatch - 1d -
Trump addresses economy concerns amid shifting policy on tariffs
President Donald Trump addressed concerns around the economy after a volatile week on Wall Street. It comes as Trump imposed tariffs on Canada and Mexico only to change course and pause some ...NBC News - 1d -
The rising economies born through crisis
Financial stress is forcing reform and recovery in many overlooked countriesFinancial Times - 2h -
Trump on if he's expecting recession this year: 'I hate to predict things like that'
President Trump faced a slew of questions about the economic ripple effects of his tariff policy during an interview with Maria Bartiromo on Fox News, including whether he worried about a looming ...The Hill - 16h -
Private Prisons Are Ramping Up Detention of Immigrants and Cashing In
The Trump administration is expected to use thousands more beds in these facilities as part of its mass deportation effort.The New York Times - 2d -
DOGE Has Deployed Its GSAi Custom Chatbot for 1,500 Federal Workers
Elon Musk’s DOGE team is automating tasks as it continues its purge of the federal workforce.Wired - 2d -
Undocumented Workers, Fearing Deportation, Are Staying Home
Fearing roundups, many immigrants are staying home. Construction, agriculture, senior care and hospitality employers say labor shortages will worsen.The New York Times - 22h -
The U.S. dollar is still the world’s currency — but maybe not for much longer
Concerns are rising about the sustainability of U.S. government debt and spending.MarketWatch - 1d -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - 14h -
‘An ideal tool’: prisons are using virtual reality to help people in solitary confinement
Participants view scenes of daily life as well as travel adventures – then process the emotions they trigger through art. One Monday in July, Samantha Tovar, known as Royal, left her 6ft-by-11ft ...The Guardian - 1d -
New Deal Reached to End Wildcat Strikes by N.Y. Prison Guards
The state and the correctional officers’ union agreed that officers should return to work Monday and that some provisions of a solitary confinement law would be put on pause.The New York Times - 5h -
Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook (updated)
Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook.VentureBeat - 4d -
Russian strikes Ukraine as U.S. pauses sharing intelligence with Kyiv
Without U.S. satellite imagery, Ukraine's ability to strike inside Russia and defend itself from bombardment is significantly diminished.CBS News - 1d -
Unions ask court to stop DOGE from accessing Social Security data of millions of Americans
A group of labor unions asked a federal court for an emergency order to stop DOGE from accessing sensitive Social Security data.NBC News - 1d -
Palantir delivers first two AI-enabled systems to U.S. Army
Palantir is rolling out the first two artificial intelligence-enabled systems as part of its $178 million contract with the U.S. Army, the company said Friday.CNBC - 2d -
Positive Job Numbers in February Don’t Erase Worries About the Economy
Official data showed businesses added 151,000 new jobs last month, outpacing January but unlikely to allay rising fears of slowing growth.Inc. - 2d -
What does the first job report under Trump mean for the economy?
A new jobs report released Friday shows 151,000 new jobs were added last month short of the 170,000 jobs expected. The early data does not yet take into account the mass layoffs across the federal ...NBC News - 1d -
Honduras holds primaries as voter frustration simmers over security and the economy
Voters in Honduras will select candidates from the three main parties to compete in November’s general election for the presidencyABC News - 1d -
Consumer prices fell in China in February and remain flat in a sluggish economy
Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holidayABC News - 1d -
Steve Kornacki: How the economy is responding to Trump’s on-again, off-again tariffs
NBC News National Political Correspondent Steve Kornacki joins Meet the Press to look at how the markets are responding to President Donald Trump’s trade policies.NBC News - 18h -
Trump says US economy in 'transition' as trade war escalates
New retaliatory tariffs from China targeting some US farm products came into effect on Monday.BBC News - 3h