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The Latest Breaking News from Department of Labor

Michael Hiltzik: Thinking of putting crypto in your 401(k)? Think twice

The federal government has some advice for workers contemplating adding bitcoin or another cryptocurrency to their retirement holdings: Don't.

Los Angeles Times

Tesla’s construction workers at Texas gigafactory allege labor violations

Whistleblowers claim constant hazards, onsite accidents and wage theft while working on the manufacturing facility in Austin

The Guardian - US

Recession odds are up to 65% — here’s how a downturn could affect you

Recessions are more than just a slowing economy, volatile stock market and a bad spell of data. Behind the numbers and jargon are real people — and real livelihoods at stake.

Tribune News Service

From analysis to the latest developments in health,
read the most diverse news in one place.

Sanitation firm accused of employing 31 children at animal slaughter facilities

Department of Labor complaint says Nebraska firm employed children ages 13 to 17 to work with ‘dangerous equipment’

The Guardian - US

Nebraska food plant had dozens of child labourers cleaning equipment, leaving two with caustic burns

A judge ordered a halt to the Dickensian work conditions at food processing plants where young teens suffered chemical burns while cleaning dangerous machinery

The Independent UK

No Tip? Restaurant Keeps Servers' Gratuities, Gets Slapped With Six-Figure Fine

Patrons at sit-down restaurants pay for their meals and typically leave something extra for their server, known as a gratuity or a tip. One restaurant decided to keep the tips from staff and faces a big fine.

Benzinga

Soaring rent, food costs keep US consumer inflation high

The rising rent and food prices reinforce expectations that the US Fed will raise interest rates again next month.

Al Jazeera

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Uber, Lyft, AZZ And Other Big Losers From Tuesday

U.S. stocks closed mixed with the Nasdaq Composite dropping more than 100 points on Tuesday. Here is the list of some big stocks recording losses in the previous session.

Benzinga

Why Laser Photonics Shares Jumped By Around 44%; Here Are 72 Biggest Movers From Yesterday

Gainers FedNat Holding Company (NASDAQ: FNHC) shares climbed 107.7% to close at $0.3395 on Tuesday.

Benzinga

Labor Department proposal could change gig worker and company rules

The U.S. Department of Labor has published a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees.

WEKU

Journalist fired after reporting she was bitten in newsroom bug infestation, feds say

A journalist was fired after reporting a newsroom insect infestation to federal authorities, according to the U.S. Department of Labor.

Tribune News Service

Union Station: Federal Labor Relations Authority decertifies National ICE Council

On Aug. 11, Federal Labor Relations Authority (FLRA) Regional Director Jessica S. Bartlett granted the American Federation of Government Employees’ (AFGE) petition to disclaim representational interest in AFGE Council 118—the National ICE Council—and decertified the union. National ICE Council President Chris Crane called the decision whistleblower retaliation, and U.S. Sen.…

Ballotpedia

Prof. John Harrison: More Reasons Unlawful Regulations Are Void Ab Initio

This is the third in a series of posts summarizing an article titled Remand Without Vacatur and the Ab Initio Invalidity of Unlawful Regulations in Administrative Law, which is forthcoming in the BYU Law Review. The current draft is available on SSRN. Regulations that are unlawful as that term is…

Reason

Why a Sacramento-area restaurant owner brought in a priest to talk to his workers

Last November, a few weeks after the U.S. Department of Labor had notified owners of Taqueria Garibaldi restaurants in the Sacramento area that it had evidence of overtime and record-keeping violations, one of the chain’s owners showed up at the Howe Avenue eatery with a priest, the government says.

Tribune News Service

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Tribune News Service

Labor Department warning opens divide on crypto in 401(k) plans

WASHINGTON — Lawmakers and investor advocates are ringing alarms over the idea of allowing cryptocurrency into 401(k) and other retirement plans, especially after a turbulent month that saw some projects implode and other cryptocurrencies go into free fall.

Roll Call

Labor Department warning opens divide on crypto in 401(k) plans - Roll Call

The Labor Department's warning about cryptocurrencies in 401(k) plans has opened a debate about whether investors can opt for such risks.

Reason

Watchdog Report: At Least 20 Percent of Federal Pandemic Unemployment Dollars Wasted

A new report from the Government Accountability Office found that nearly $80 billion was paid out to ineligible beneficiaries or outright fraudsters.

Los Angeles Times

Michael Hiltzik: Big business musters more lies to smear a Biden nominee because she would do her job

Riding high after killing off President Biden's nomination of a pro-labor regulator for a key post at the Department of Labor, big business has been sharpening its knives for a noted consumer advocate nominated to join the Federal Communications Commission.

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Benzinga

GameStop Faces Class Action Lawsuit For Alleged Breach Of Labor Law - Read Why

Former GameStop Corp (NYSE:GME) employee Trevon Mack prosecuted the video game retail company in a proposed class-action lawsuit for allegedly violating New York Labor Law, the Polygon reports. Mack and his lawyer asserted that GameStop workers qualify as “manual laborers,” suggesting that 25% of their jobs require manual labor, like organizing stockrooms,…

Reason

Why Are the Feds So Mad About Bitcoin Retirement Investing?

The Department of Labor and Sen. Elizabeth Warren have strong opinions about Fidelity’s new 401K option

Tribune News Service

Younger workers aren’t keeping their salaries a secret anymore. Here’s why it could be a good idea

Kiersten Post isn’t afraid to talk about money. She chats with friends about buying a house and budgeting for vacations. She shares her personal finance goals with family members.

Mic

Biden just pardoned 3 people in his first use of clemency powers

Among them was 87-year-old Abraham Bolden, the first Black Secret Service agent.

Reason

The Biden Administration Is Ignoring How Its Policies Will Worsen Inflation. Again.

In the 1980s, the Reagan administration made changes to the Davis-Bacon Act to help control inflation. The Labor Department is planning to undo them.

Salon

Why isn't HIV preventative care free?

HIV advocates and clinic workers say patients are confounded by formularies that obfuscate drug costs

Tribune News Service

HIV preventive care is supposed to be free in the US. So why are some patients still paying?

Anthony Cantu, 31, counsels patients at a San Antonio health clinic about a daily pill shown to prevent HIV infection. Last summer, he started taking the medication himself, an approach called preexposure prophylaxis, better known as PrEP. The regimen requires laboratory tests every three months to ensure the powerful drug…

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