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We Will ‘Labor to Make the American Government Work Again’

The incoming administration will “work to make American government work again,” Russ Vought, President-elect Donald Trump's nominee for the Office of Management and Budget, said in his opening statement before the committee Wednesday. He said the support and love from his family “beyond my eagerness to be by President Trump's side are the main reasons […]

One of the strongest labor markets in US history just ended 2024 with a bang – CNN

CNN — The U.S. economy added 256,000 jobs in December, ending 2024 with another month of big job gains. The unemployment rate fell from 4.2% to 4.1%, ending the year showing a return to pre-pandemic levels, according to Bureau of Labor Statistics data released Friday. The final 2024 employment report highlights how the U.S. labor […]

US Dollar holds gains after FOMC minutes, labor market data – FXStreet

The Fed's hawkish monetary stance is contributing to higher U.S. Treasury yields and reinforcing the current strength of the dollar. Rumors that a national economic emergency may be declared have increased demand for safe havens, underscoring the appeal of greenbacks. The bullish mood is further amplified by strong labor market indicators, including a decline in […]

‘Billionaire Oligarchs’ Want to ‘Bring Everybody In’ Since They ‘Love Cheap Foreign Labor’, Trump’s Base ‘Nativist’

On Friday's broadcast of the MSNBC show “All In,” Rep. Jamie Raskin (D-Md.) said that “billionaire oligarchs like Elon Musk” “love cheap foreign labor. “We're going to open our doors and let everyone in,” he said. And he believes Democrats could exploit the divide within President-elect Donald Trump's coalition between people like him and “xenophobic” […]

Labor groups cheer Biden dismissal of US Steel sale as businesses bristle

Labor groups applauded Friday as companies criticized the Biden administration's decision to block Japanese rival Nippon Steel's acquisition of steelmaker U.S. Steel, citing national security concerns. sent. Nippon Steel and U.S. Steel said they were “regretted” by the decision and said the administration had not presented evidence that the deal could harm national security. “Instead […]

NYC subways are too dangerous to slap commuters with congestion toll, labor boss says

That would be a loss for Big Apple commuters. The Labor leader blamed the heavy burden on drivers in Manhattan's traffic jams, which begin Sunday, and said the subways were too dangerous to give commuters another option. “Introducing congestion pricing now is terrible, it's disgusting. It's just a slap in the face,” Phil Valenti, president […]

Human Smuggler Arrested in Texas for Kidnapping Guatemalan Woman, Forced Labor

An immigrant living in the United States illegally is in a Texas prison for kidnapping a Guatemalan immigrant woman and demanding ransom. Women were reportedly forced to work to pay off smuggling debts. San Antonio police arrested Elvin Roberto Mendez Flores, 38, after receiving a call saying he was holding a Guatemalan immigrant woman hostage […]

Chinese EV Maker BYD Using Imported Slave Labor in Brazil

Brazilian government suspends work visas for Chinese electric car maker BYD after local authorities rescue 163 Chinese nationals who were working in conditions “akin to slavery'' at a BYD factory under construction in Camaçari, Bahia Reuters reported Friday. BYD, a company with deep knowledge tie The Chinese Communist Party is building a factory on land […]