The company, founded in the city as Twitter, is moving its headquarters to Texas as a shadow of its former self.
Category: Labor and Jobs
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The Big Number: 818,000
The Labor Department issued a huge downward revision on jobs figures for the 12 months that ended in March, pointing to greater cracks in the economy.
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John Lansing, Who Guided NPR Through Tumultuous Times, Dies at 67
He led the broadcasting organization during the coronavirus pandemic, a decline in revenue and a period of extreme political polarization.
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Fed Chair Powell Signals Interest Rate Cuts in Jackson Hole Speech
Jerome H. Powell used a speech in Jackson Hole to signal that the Federal Reserve will begin to cut rates on Sept. 18, and to voice wariness about the job market.
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Farm Workers Union Battles With California Grower, Wonderful Nurseries
Wonderful Nurseries, owned by Stewart and Lynda Resnick, has sued the state to overturn a labor organizing law championed by the United Farm Workers.
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Will Powell’s Jackson Hole Speech Help Lead to a Soft Landing?
Investors are anxiously awaiting Jerome Powell’s policy speech at a symposium in Jackson Hole, Wyo. on Friday, as labor data suggests the economy is slowing.
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Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole
Jerome Powell, the Federal Reserve chair, will deliver remarks as inflation cools and growth holds up — but as labor market weakening threatens to interrupt the soft landing.
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Sugar Industry Faces Pressure Over Coerced Hysterectomies in India
After an investigation that ran in The New York Times, the industry is edging toward change. But companies in western India are reluctant to abandon an abusive labor system.
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Canada’s Freight Railroads Halt Operations Amid Labor Dispute
The shutdown could disrupt trade with the United States and other countries, as well as causing serious economic consequences within Canada.
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While the Public Awaited Jobs Data, Wall Street Firms Got a Look
A report was delayed on the Bureau of Labor Statistics website, but some investors got it in the meantime, raising new questions about agency practices.
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Fed Minutes Show a Cut ‘Likely’ to Come in September
Even before a disappointing July jobs report, Federal Reserve officials thought they would probably cut rates at their Sept. 17-18 meeting.
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U.S. Added 818,000 Fewer Jobs Than Reported Earlier
The Labor Department issued revised figures for the 12 months through March that point to greater economic fragility.