The Latest Breaking News from Labor Department

Labor Department finds compromise in ESG investment rule

The Labor Department’s rule to expand environmental, social and governance options for retirement plans is being called a healthy compromise between financial services firms that want clear rules and plan sponsors that feared strict mandates to consider such factors.

Tribune News Service · Dec 1, 2022

Applications for jobless benefits declined last week

The number of Americans applying for unemployment benefits came back down last week and continue to hover around levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve’s aggressive interest rate hikes

The Independent UK · Dec 1, 2022

Labor Department finds compromise in ESG investment rule - Roll Call

The Labor Department's ESG rule strikes a compromise between allowing such investment criteria and mandating them.

Roll Call · Dec 1, 2022

October Inflation Cools To 7.7%, Stocks Sprint Higher: What You Need To Know

The SPDR S&P 500 (NYSE: SPY) is moving higher Thursday morning after the Labor Department reported a 7.7% year-over-year increase in the consumer price index for October.

Benzinga · Nov 10, 2022

Nasdaq, S&P 500 Futures Jump As October Inflation Cools Off — Tesla, Rivian, Apple, AstraZeneca In Focus

The U.S.

Benzinga · Nov 10, 2022

Thursday's CPI Inflation Reading Is Critical: Here's What Investors Need To Know

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.7% on Wednesday morning ahead of a critical consumer price index (CPI) inflation reading on Thursday morning.

Benzinga · Nov 9, 2022

'Position For A Recovery In The Stock Market': 8 Experts React To October Jobs Report, What It Means For The Fed

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday after the Labor Department reported strong U.S. jobs market numbers from October.

Benzinga · Nov 4, 2022

US Stocks In For Another Tough Day After Fed Rate Hike As Nasdaq, S&P 500 Futures Fall — Roku, Qualcomm Plunge On Earnings Disappointment

The U.S. index futures are pointing to a lackluster start on Wall Street Thursday, as rate worries linger. On Wednesday, the major averages experienced a bout of volatility in the aftermath of the Fed decision and closed notably lower. The market showed tentativeness in the run up to the Fed…

Benzinga · Nov 3, 2022

Soaring Inflation Pushes Halloween Candy Prices Scary High

Soaring inflation has already strained home buyers, drivers at the gas pump and people buying plane tickets.

Bangkok Post · Oct 26, 2022

Pandemic-related fraud totaled billions. California is trying to get some of it back

A special task force is investigating claims and freezing accounts to determine who legitimately qualifies for the relief money. About $20 billion in unemployment money was stolen by criminals.

WEKU · Oct 18, 2022