Labor economy

FILE - In this Friday, Aug. 16, 2019 file photo, the logo for Uber appears above a trading post on the floor of the New York Stock Exchange. New Jersey is seeking more than $640 million from Uber in taxes and penalties, saying the ride-hailing company misclassified its drivers as independent contractors. The decision by New Jersey’s labor department is the latest in a string of developments as governments around the country grapple with how to classify workers in the so-called gig economy. (AP Photo/Richard Drew, file)
November 14, 2019 - 2:02 pm
TRENTON, N.J. (AP) — New Jersey is seeking more than $640 million from Uber in taxes and penalties, saying the ride-hailing company misclassified its drivers as independent contractors. The decision is the latest setback for Uber and other companies in the so-called “gig economy” that rely heavily...
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FILE - In this Oct. 15, 2019, file photo gala apples are moved along a conveyor system after being sorted as they move to be prepared for shipping in a packing house in Yakima, Wash. On Thursday, Nov. 14, the Labor Department reports on U.S. producer price inflation in October. (AP Photo/Elaine Thompson, File)
November 14, 2019 - 5:58 am
WASHINGTON (AP) — U.S. producer prices rose 0.4% in October, the biggest jump in six months, reflecting a surge in energy costs. The Labor Department said Thursday that the October increase in its producer price index, which measures price pressures before they reach consumers, followed a 0.3%...
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Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, Oct. 30, 2019. The Federal Reserve cut rates for the third time this year. (AP Photo/Susan Walsh)
November 13, 2019 - 8:47 am
WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell’s testimony before the Joint Economic Committee about the outlook for the U.S. economy (all times local): 11:45 a.m. Federal Reserve Chairman Jerome Powell says that the unemployment rate, already near a 50-year low, could drop...
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November 12, 2019 - 5:47 pm
SACRAMENTO, Calif. (AP) — The California Trucking Association on Tuesday filed what appears to be the first lawsuit challenging a sweeping new labor law that seeks to give wage and benefit protections to workers in the so-called gig economy, including rideshare drivers at companies such as Uber and...
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President Donald Trump addresses the Economic Club of New York Tuesday, Nov. 12, 2019, in New York. (AP Photo/Seth Wenig)
November 12, 2019 - 9:54 am
NEW YORK (AP) — President Donald Trump claimed credit Tuesday for the nation's strong economic performance under his leadership. Trump told the Economic Club of New York that "we have delivered on our promises - and exceeded our expectations by a very wide margin." The president, who is campaigning...
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In this Monday, Nov. 4, 2019, photo with Mount Rainier in the background, cranes and a cargo container ship are shown at the Port of Tacoma in Tacoma, Wash. On Wednesday, Nov. 6, the Labor Department issues revised data on productivity in the second quarter. (AP Photo/Ted S. Warren)
November 06, 2019 - 5:55 am
WASHINGTON (AP) — American workers were less efficient in the July-September quarter, pushing down productivity for the first time since late 2015. The Labor Department said Wednesday that productivity, a measure of economic output for each hour worked, fell 0.3% in the third quarter. The drop...
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FILE - In this Oct. 30, 2019, file photo trader Phyllis Arena Woods works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Nov 5. (AP Photo/Richard Drew, File)
November 05, 2019 - 2:31 pm
NEW YORK (AP) — It's the market that continues mostly upward, even though there's still plenty to worry about. The Dow Jones Industrial Average and the Nasdaq closed at record highs yet again on Tuesday, and the S&P 500 closed barely below the all-time high it reached a day earlier. The gains...
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November 03, 2019 - 7:52 pm
BEIJING (AP) — Asian stock markets followed Wall Street higher Monday after unexpectedly strong U.S. jobs data helped to soothe worries American factory activity was weaker than forecast. Benchmarks in Shanghai, Hong Kong, South Korea and Southeast Asia advanced. Japanese markets were closed for a...
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Democratic presidential candidate Sen. Elizabeth Warren greets supporters before the Iowa Democratic Party's Liberty and Justice Celebration, Friday, Nov. 1, 2019, in Des Moines, Iowa. (AP Photo/Charlie Neibergall)
November 01, 2019 - 2:50 pm
WASHINGTON (AP) — Elizabeth Warren on Friday proposed $20 trillion in federal spending over the next decade to provide health care to every American without raising taxes on the middle class, a politically risky effort that pits the goal of universal coverage against skepticism of government-run...
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FILE - In this Tuesday, Oct. 29, 2019, file photo specialist Gregg Maloney, left, and trader John Panin work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Nov. 1. (AP Photo/Richard Drew, File)
November 01, 2019 - 9:35 am
NEW YORK (AP) — A government report revealing surprisingly solid job growth in October put investors in a buying mood Friday and drove broad gains for U.S. stocks in midday trading. The Labor Department said U.S. employers added 128,000 jobs, far more than the 89,500 additions that economists...
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