The Labor Department on Tuesday published the preliminary estimate of its annual benchmark revision to nonfarm payrolls, which showed the U.S. economy added significantly fewer jobs than previously reported. The Bureau of Labor Statistics (BLS) published its first estimate of the annual benchmark revision, which lowered its estimate of employment by…

The Federal Reserve Bank of New York on Monday released new data that showed American households are increasingly pessimistic about finding a new job if they lose their current job. It is the lowest level since the New York Fed began collecting data for the series in June 2013. The New York…

The United Auto Workers (UAW) labor union is condemning Hyundai for what it calls a “disgraceful record on worker safety” following an immigration raid at an electric car battery factory in Georgia. Most of the 475 people detained on Sept. 4 under suspicion of being in the United States illegally –…

Starbucks CEO Brian Niccol, a year into the job, says the coffee chain is “ahead of schedule” in its turnaround. But the work is far from over — he’s betting on an “aggressive” redesign, enhanced rewards program and an array of new food and beverage items to drive momentum and…

People living in a Midwest city known for its natural beauty and outdoor recreation are sounding the alarm on a proposed data center with a price tag of $1.6 billion. More than 300 acres of farmland in Menomonie, Wisconsin, has already been annexed and rezoned by the city council, but…

South Korea’s foreign minister departed for the U.S. on Monday following the mass immigration raid by U.S. government officials on the Hyundai-LG battery factory in Georgia last week when some 300 South Koreans were detained.  While speaking with reporters ahead of his trip to the U.S., South Korean Foreign Minister…

A faith-based investment firm partnered with S&P Dow Jones Indices to create a new index and exchange traded fund (ETF) that will cater to evangelical Christian investors. Bountiful Financial and S&P Dow Jones collaborated to create the S&P 500 Christian Values Screened Index, which the firms announced as the first in…

Radio host Howard Stern announced on Monday that he’s staying with SiriusXM after an on-air gag left fans wondering about what’s next for the shock jock at the satellite radio company. Stern is ranked as one of the highest-paid entertainers, with Forbes deeming him the world’s highest-paid radio personality, and…

Home prices are rising, which is boosting American homeowners’ net worth – though those gains may be eroded by stubbornly high inflation. Data from Realtor.com showed that median home listing prices were up 0.5% in July from a year ago, though the outlet noted in a report that inflation has…

A Florida sales tax holiday that typically applies to hunting, fishing and camping equipment has been expanded this year, covering firearms and ammunition for the first time. Starting Monday, those purchasing firearms and ammunition in Florida will be exempt from sales tax through the end of the year. It is…