labor

Fed’s Mester says U.S. economic data consistent with higher rates

Cleveland Federal Reserve President Loretta Mester said current U.S. economic data, including the September payrolls report released on Friday, were consistent with the U.S. central bank considering an increase in interest rates. “We have made progress on both (of the Fed's) mandates,” Mester, who dissented with two other Fed officials at the September policy meeting, told reporters after a speech at an event organized by the Manhattan Institute.

More:
Fed’s Mester says U.S. economic data consistent with higher rates

labor

U.S. job growth slows; markets bet on December rate hike

U.S. employment growth eased for the third straight month in September and the jobless rate rose, but the slowdown was not expected to prevent the Federal Reserve from raising interest rates later this year. The…

Excerpt from:
U.S. job growth slows; markets bet on December rate hike

labor

U.S. Labor Department launches review of all Wells Fargo complaints

By Sarah N. Lynch WASHINGTON (Reuters) – U.S. Labor Department Secretary Thomas Perez on Monday pledged to conduct a “top-to-bottom” review of all cases, complaints and other alleged violations that…

Read the original:
U.S. Labor Department launches review of all Wells Fargo complaints

labor

Twitter begins discussions to explore a sale: source

A sale of Twitter has been the subject of on-again, off-again rumors for many months as the company grapples with stagnant user growth, soft advertising sales and losses running at hundreds of millions of dollars a year. Analysts have long considered Alphabet's Google the most likely buyer for Twitter, and a source told Reuters that Salesforce.com is also in pursuit. CNBC, citing anonymous sources, reported on Friday that Twitter is in talks with companies including Google and Salesforce and may receive

Read the original: 
Twitter begins discussions to explore a sale: source

labor

Fed’s internal split tied to dueling views on jobs outlook

The split at the Federal Reserve over when to next raise interest rates appears to hinge largely on disagreements over the labor market outlook, comments from policymakers on Friday suggest. When the Fed earlier this week decided to stand pat on rates, Fed Chair Janet Yellen said she felt the labor market had more room to run before it could overheat. On Friday one of the dissenters, Boston Fed chief Eric Rosengren, explained that his vote …

Go here to see the original:
Fed’s internal split tied to dueling views on jobs outlook

labor

Delta cancels hundreds more flights, expects normal operations soon

Delta, the No. 2 U.S. airline by passenger traffic, said systems that allow customer service agents to process check-ins and dispatch aircraft are now functioning normally. As of 2:30 p.m. EDT (1830 GMT), Delta said it had canceled 311 flights on the day, adding to the more than 1,600 cancellations since Monday. Another 2,540 flights departed on Wednesday, with 70 percent of them within 30 minutes of their scheduled times, the airline said.

More here: 
Delta cancels hundreds more flights, expects normal operations soon

labor

U.S. jobs openings increase in June, layoffs near two-year low

U.S. job openings increased in June and layoffs dropped to their lowest in nearly two years as labor market conditions tightened further, according a government report on Wednesday. The Labor Department's monthly Job Openings and Labor Turnover Survey (JOLTS) report also suggested a growing skill shortage, which

Here is the original: 
U.S. jobs openings increase in June, layoffs near two-year low

labor

U.S. jobless claims hit 14-month high; analysts blame Verizon strike

By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits rose last week to a more than one-year high, but economists blamed striking telecommunications workers for the surge and said the data did not signal a deterioration in the overall labor market…

Read the original:
U.S. jobless claims hit 14-month high; analysts blame Verizon strike

labor

U.S. workforce growth may give Fed one more reason to go slow on rates

By Jason Lange RALEIGH, N.C. (Reuters) – Americans with a high school education or less are returning to the labor force in larger numbers, a trend that points to a broadening of economic growth, but could also keep wage growth subdued and stay the Federal Reserve's hand in its hiking cycle. The Federal Reserve meets this week and is expected

Read more here: 
U.S. workforce growth may give Fed one more reason to go slow on rates

labor

U.S. weakens retirement advice rule, responding to industry

By Suzanne Barlyn and Lisa Lambert WASHINGTON (Reuters) – A new U.S. rule aimed at protecting retirement savers from profit-hungry brokers turned out to be much weaker than an initial proposal after the Obama administration bowed to pressure from the financial services…

Read the original: 
U.S. weakens retirement advice rule, responding to industry

« Previous Page — Next Page »