Generous Benefit Plans Leading Gov’t Employees To Be Nearly 40% More Expensive Than Private Sector

The cost of hiring state and local government workers in the second quarter of 2024 was 39.7% higher than private sector employees, mainly due to more generous benefit plans, according to data released Tuesday by the Bureau of Labor Statistics (BLS). Total compensation costs, including wages, salaries and benefits, averaged $43.94 per hour for private […]
Australia Plans Ban on Most Children Using Social Media

Australian Prime Minister Anthony Albanese said on Tuesday that his left-leaning government is preparing to set a minimum age limit for children to use social media, possibly between 14 and 16 years old. “We want kids to get off their devices and onto the soccer field, the pool, the tennis court. We know social media […]
Lyudmyla Kichenok postpones wedding plans en route to US Open doubles title: ‘A good excuse’

Ukrainian Tennis Player Although Lyudmila Kichenok didn't get the ring, her story had a fairy-tale ending. Kichenok and her women's doubles partner, Jelena Ostapenko of Latvia, won the tournament. US Open She defeated Kristina Mladenovic and Zhang Shuai in straight sets to win the title on Friday. Jelena Ostapenko of Latvia, left, and Lyudmila Kichenok […]
Stocks sink after jobs miss, Trump-Harris tax plans, home retailer closing all stores

Former U.S. International Trade Commission Chairman Peter Morici talks about labor immigration and former President Trump's corporate tax rate plans. U.S. employment grew in August, but not as much as economists expected. Stocks fell throughout the week, as investors got off to a rocky start to September ahead of the Federal Reserve meeting later this […]
Sephora polishing up plans to open new store near High Line: sources

According to Realty Check, Sephora plans to expand its already-large presence in New York City with a new megastore near the High Line. The LVMH-owned brand has set its sights on a 6,200-square-foot store in Brookfield Properties' West Manhattan complex between Ninth and 10th Avenues to open next year, retail industry sources said. The property […]
Trump Discusses His Proposed Economic Policies, Plans To Create ‘Government Efficiency Commission’

Former US president and Republican presidential candidate Donald Trump speaks at the Economic Club of New York on September 5, 2024. (Photo by David Dee Delgado/AFP via Getty Images) By Blake Wolf, OAN StaffThursday, September 5, 2024 1:31 PM 2024 Republican presidential candidate Donald Trump on Thursday announced plans to establish a government efficiency commission […]
Volvo kills plans for all-electric lineup by 2030 amid industry shift

Volvo has announced that it has abandoned plans to sell only electric cars by the end of the decade, making the Swedish carmaker the latest automaker to backtrack on ambitious electric vehicle plans. Volvo was one of the first automakers to commit to an all-electric lineup, but the company backed away from its plans to […]
Volvo Abandons Plans to Sell Only Electric Vehicles by 2030

Sweden-based Volvo Cars has abandoned plans to sell only electric vehicles (EVs) by the end of the decade, executives said on Wednesday. “It's clear that the transition to electrification will not be linear, and customers and markets will adopt at different speeds,” Volvo CEO Jim Rowan said. said In a statement. In 2021, Volvo, along […]
RFK Jr. says he plans to do swing state rallies with Trump

Former independent presidential candidate Robert F. Kennedy Jr. said he plans to stay on the campaign trail and hold rallies in battleground states with former President Donald Trump to help the Republican candidate return to the White House. Kennedy, who suspended his presidential bid in late August, said he would campaign, particularly in battleground states […]
Harris Hasn’t Done Economic Plans She Promises Because She’s Been VP and ‘Supporting’ Biden

On Wednesday's “CNN News Central,” Rep. Eric Swalwell (D-Calif.) explained why 2024 Democratic vice presidential nominee Kamala Harris isn't currently implementing the economic proposals she's pledged to make, saying, “She's served as vice president and supported a president who's created 15 million jobs, more than any president in my lifetime, but that doesn't mean gas […]