The Latest Breaking News from Labor Department

Verizon Bumps Up Wireless Prices Citing Inflation Woes After AT&T

For the first time in two years, Verizon Communications Inc (NYSE:VZ) will raise prices on its wireless bills, helping it shift the burden of higher costs, Bloomberg reports. Industry watchdogs had warned that post-T-Mobile US, Inc's (NASDAQ: TMUS) acquisition of Sprint Corp, there would be fewer wireless competitors, making it easier to raise prices.  Implementing higher charges…

Benzinga · May 16, 2022

Asian shares bounce back, shrugging off inflation concerns

Asian shares have bounced back after losses earlier in the week, shrugging off the latest data showing U.S. wholesale prices soared 11% in April from a year earlier

The Independent UK · May 13, 2022

AP News Digest 3:30 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

The Independent UK · May 12, 2022

Markets Close Turbulent Week On A Down Note

The S&P 500 traded lower in a roller coaster week on Wall Street as investors digested another Federal Reserve interest rate hike and a mixed batch of earnings reports.

Benzinga · May 6, 2022

US Adds 428,000 Jobs In April: 'Growth With Less Wage Pressure'

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.5% Friday morning after the Labor Department reported strong U.S. jobs market numbers from April.

Benzinga · May 6, 2022

US hiring was likely strong again in April despite inflation

For the past year, America’s job market has run like a well-engineered machine, adding an impressive average of 540,000 workers a month despite a punishing inflation rate, Russia’s ruinous war against Ukraine, a still-risky pandemic, jittery financial markets and the prospect of much higher borrowing costs

The Independent UK · May 6, 2022

More Americans apply for jobless aid last week

More Americans applied for unemployment benefits last week but the total number of people collecting jobless aid is at its lowest level in more than 50 years

The Independent UK · May 5, 2022

Starbucks workers drive nationwide surge in union organizing

Starbucks workers have driven a surge in union election petitions filed with the National Labor Relations Board. Unionizing has also picked up at colleges, non-profits and pot dispensaries.

WEKU · May 1, 2022

Morning Brief: Top Financial Stories Dominating on Friday, April 29

CNBC

Benzinga · Apr 29, 2022

Labor Department Concerned About Fidelity's Plan To Include Bitcoin On 401(K) Accounts: WSJ

Fidelity Investments recently became the first major retirement-plan provider to allow investors to include a bitcoin account in their 401(k).

Benzinga · Apr 29, 2022