U.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision that adds to recent concerns that the economy has been slowing. The change means that roughly 2.1 million jobs were created in the U.S. in the past year, compared with about 2.9 million prior to […]Read More
Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a September cut had grown increasingly probable, minutes released Wednesday showed. “The vast majority” of participants at the July 30-31 meeting “observed that, if the data continued to come in about as expected, it would likely […]Read More
In the days after he was announced as Vice President Kamala Harris’s running mate, a photo of Minnesota Gov. Tim Walz (D) circulated widely on social media. It depicted a sitting, smiling Walz being swarmed by kids smothering him with hugs. There wasn’t any mystery about why the photo was being picked up by Harris […]Read More
As the presidential election creeps closer, political discussions are casting a shadow on workplace culture, new data from Gallup shows. As of February, nearly half of U.S. workers had talked politics with a co-worker in the past month, a figure “that has likely only increased as the presidential election has progressed,” the report from Gallup […]Read More
DETROIT — Ford Motor is delaying production of a next-generation all-electric pickup truck at a new plant in Tennessee and canceling plans for a three-row electric SUV, the company said Wednesday. Instead, Ford said it will prioritize the development of hybrid models, as well as electric commercial vehicles such as a new electric commercial van in 2026, followed by […]Read More
Former president Bill Clinton, speaking during the third night of the Democratic convention on Wednesday, presented a bit of data meant to promote his party — and, indirectly, his period in office. “You’re going to have a hard time believing this, but so help me, I triple-checked it,” Clinton began. “Since the end of the […]Read More
There’s no room for price gouging in a ultra-competitive business like retail, Target CEO Brian Cornell said on Wednesday. In an interview on CNBC’s “Squawk Box,” the retail chief disputed campaign talking points accusing grocers of inflating prices. He said retailers have to be responsive to customers or risk losing business. He was asked by CNBC’s Joe […]Read More
CHICAGO — Fifteen months after her inauguration, Vice President Kamala Harris’s chief of staff had resigned, part of a dispiriting drumbeat of staff departures. A stumbling television interview on immigration was routinely featured in Republican attacks. Her often-tentative public appearances were reminding Democrats all too clearly of her recent presidential campaign, which had collapsed before […]Read More
CHICAGO — Doris Johnson and Stacey Johnson-Batistehuddled backstage at the United Center on Monday night, preparing to deliver their mother-daughter duet of a convention speech, when Kamala Harris strode toward them, the hall still resounding with cheers from the Democratic presidential nominee’s brief introductory appearance. Johnson, at age 88, a close friend of Shyamala Gopalan […]Read More
When Vice President Kamala Harris walks onstage Thursday to formally accept the Democratic presidential nomination, it will mark another milestone inher remarkable journeyto the top echelons of power that began more than a decade ago at another party convention. It was in September 2012 when Harris, as California’s attorney general, made her first major national […]Read More
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