Since the end of February, the three major indices of the stock market – Standard & Poor’s 500, Dow Jones industrials and the Nasdaq composite – have fallen by a few percent. One may ask: Is that all? Does the market not know that there is a war? Yes, the stock market knows. It doesn’t … Read more
New York City is losing jobs, making life difficult for Mayor Zohran Mamdani as he seeks to close a massive budget deficit while emphasizing economic justice over growth. The city lost 20,000 jobs by 2025 to end the year with 4.823 million employees, according to updated employment figures released Thursday by the state labor department. … Read more
The March jobs report is expected to show the US labor market remained steady last month, but experts say the Iran war has already changed the economic landscape in the weeks since the data informing Friday’s report was collected. Subscribe to read this story without ads Get ad-free articles and exclusive content. The surveys carried … Read more
Nonfarm payrolls are forecast to increase 60,000 in March Economists say it will take time for the oil price hike to affect the labor market The unemployment rate is expected to remain steady at 4.4% WASHINGTON, April 3 (Reuters) – U.S. job growth may have picked up in March as a health workers’ strike ended … Read more
Written by Lucia Mutikani WASHINGTON, April 3 (Reuters) – U.S. job growth may have picked up in March as a health workers’ strike ended and temperatures warmed, but downside risks to the labor market continued to mount due to the ongoing war in the Middle East. The expected return to the pace of last year … Read more
Just two months into New Jersey’s 2026 legislative session, state lawmakers are developing a slate of bills that could have major implications for employers, including new employment protections related to pregnancy and breastfeeding, in addition to expanding family and sick leave and expanding protections under the New Jersey Law Against Discrimination (NJLAD). Quick Hits New … Read more
The cost of fish and chips is set to rise after the Easter long week as rising oil and fertilizer prices make all parts of the food supply more expensive. Local retailers have warned that they will not be able to accept rising tariffs from fishermen, truckers, potato farmers and airlines. Fish prices rise by … Read more
ORLANDO, Florida, April 2 (Reuters) – US job growth is slowing to a halt. If this was tolerable to policymakers or acceptable to investors before the Iran war, it should not be now. The labor market has been struggling for some time, but this has been overshadowed by the unemployment rate, which has come down, … Read more
California’s two largest pension funds invested more than $2.7 billion with companies that contract with Immigration and Customs Enforcement or the Department of Homeland Security, a new analysis shows. CalPERS, a nationwide megafund for public employees, has invested about $1.6 billion in technology firm Palantir, weapons manufacturers General Dynamics and L3Harris, and telecommunications companies AT&T … Read more
A version of this story appeared in CNN Business’ Nightcap. To get it in your inbox, sign up for free Here. New York – Until recently, the name Blue Owl Capital was synonymous with Wall Street and the booming private equity business, a lightly regulated financial space where non-banks lend to risky companies. Recently, its … Read more