Year: 2024

Hiring in the United States is on the rise, along with wages

Hiring in the United States is on the rise, along with wages

Related media - News 24 hours Employers added 272,000 jobs last month, the Labor Department reported Friday, well above what economists had expected as hiring had gradually slowed. That was up from an average of 232,000 jobs in the previous 12 months, muddying the picture of an economy easing into a more sustainable pace. Most worrying for the Federal Reserve, which meets next week and again in July, is that wages rose 4.1% from a year ago, a sign that inflation may not yet be defeated. “For those who thought they were going to see a rate cut in July,…
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Saudi Arabia’s Next Billion-Dollar Sports Game: Boxing Takeover

Saudi Arabia’s Next Billion-Dollar Sports Game: Boxing Takeover

More news - Recent news Each class would include around 15 fighters each, allowing top talent to face off against each other regularly. The move would effectively create a single boxing entity that would replace the sometimes chaotic and frustrating system of warring fight promoters and sanctioning bodies. The new entity would have the resources and fighters to stage high-profile bouts around the world. And unlike many of the sports Saudi Arabia has already attempted to revolutionize, professional boxing may be ripe for reinvention. The sport has lost some of its luster and glamour in recent decades and is now…
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Rising Drug Costs: Are Pharmaceutical Benefit Managers to Blame?

Rising Drug Costs: Are Pharmaceutical Benefit Managers to Blame?

More news - Recent news For many Americans, the rising tide of prescription drug prices seems like a relentless force, threatening to swamp family budgets and access to health care. While pharmaceutical companies often assume public responsibility, the web of influences on drug costs is much more intricate. Today we shine our spotlight on a critical, but typically hidden, player in this system: pharmacy benefit managers, or PBMs. Rebecca Robbins, a leading investigative reporter specializing in pharmaceuticals for the New York Times, takes us on a deep dive into the world of PBMs. We explore their role as middlemen between…
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Caitlin Clark finally gets it, but she has to consider the agenda around her name

Caitlin Clark finally gets it, but she has to consider the agenda around her name

Related media - News 24 hours INDIANAPOLIS — Athletes often speak in generalities as a defense mechanism. Rather than delve into a potentially controversial topic, or even address the issue, they provide non-answers, using clichés and pre-planned talking points to keep a safe distance. Part of me would like to believe that this is what Caitlin Clark did. Thursday morning when I asked her if she was bothered by fans using her name as a weapon in the culture wars dividing the country. The Indiana Fever's star guard hasn't closed the door on the topic; she refused to even open…
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Supreme Court Sides With Biden Administration in Social Media Case

Supreme Court Sides With Biden Administration in Social Media Case

More news - Latest news The Supreme Court ruled in favor of the Biden administration in a case involving social media, scoring a significant practical victory. The ruling rejected a Republican challenge seeking to block the government from communicating with social media platforms to combat misinformation. In a 6-3 decision, the Court found that the plaintiffs, including states and individuals, had not suffered direct harm that would have entitled them to sue. This decision leaves unanswered broader questions about the First Amendment's limits on government influence over tech companies, which control much of the flow of information online. The case…
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Middle East crisis: Israel orders evacuation amid attacks on Gaza City

Middle East crisis: Israel orders evacuation amid attacks on Gaza City

More news - Latest news Israel ordered evacuations in eastern Gaza on Thursday as heavy attacks hit the region, causing numerous casualties, according to Palestinian officials and residents. Those in the area described a desperate scramble to escape amid the continuing explosions. The Israeli military did not immediately comment on the strikes, which reportedly targeted the Shajaiye neighborhood, an area badly damaged by previous intense fighting. Israel's public broadcaster, Kan, noted that the military was conducting a ground operation to eliminate Hamas, based on intelligence suggesting the group was regaining control of the neighborhood. A witness from a human rights…
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