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OPM eases plans to target all federal workers on probation

The Office of Personnel Management (OPM) has directed that it does not need to be fired all federal employees while still on probation, but it encourages the removal of low performers. The direction confirmed by familiar sources comes after the OPM asked government-wide agencies and then asked them to take over a list of employees […]

Islanders looking to overcome slow start, injuries as schedule eases

The Islanders left a list of milestones on the table with Tuesday night's loss. If they had won against the Kings, it would have been their first three-game winning streak of the season, the first time the NHL has topped .500 since October 25, and the first time since December that they have more standing […]

Consumer Price Index eases, but core inflation rises unexpectedly

A surprise rise in a measure of underlying inflation last month dampened hopes of a big interest rate cut at the Federal Reserve's meeting next week. According to the U.S. Bureau of Labor Statistics, the consumer price index rose 2.5% in August from a year earlier and 0.2% from the previous month, in line with […]

US women’s basketball eases by Nigeria into Olympic semifinal

PARIS — A’ja Wilson scored 20 points, Jackie Young added 15 and the United States beat Nigeria 88-74 on Wednesday night in the quarterfinals of the Paris tournament, extending its Olympic winning streak to 59. Breanna Stewart also scored 13 points for the USA, which has not lost since the 1992 Barcelona Games and is […]

Fed’s preferred inflation gauge eases to 2.5% in June

The Federal Reserve’s preferred inflation measure rose 2.5% year-on-year in June, in line with market expectations and raising hopes of a rate cut in September. The Commerce Department said on Friday that the personal consumption expenditures index (PCE) rose 0.1% in June from the previous month, while core PCE, which excludes volatile food and energy […]