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2 United Airlines passengers injured after aircraft abruptly slows descent

Frank Lorenzo, author of “Flying for Peanuts,” shares what he's learned in the industry on “The Claman Countdown.” United Airlines said last week that the plane had to rapidly slow its descent into San Francisco International Airport to avoid other aircraft, and two passengers were taken to hospital. The accident on United Airlines Flight 2428 […]

US job growth slows to 114K in July while unemployment unexpectedly jumps

Construction is booming in states such as Arizona, California, Florida and Texas. U.S. job growth slowed sharply in July and the unemployment rate unexpectedly rose to its highest level in nearly three years. The Labor Department said on Friday that employers 114,000 jobs The number of people employed in July rose by 15,000 year-on-year, short […]

Eating vegan for just 2 months slows aging process: Twin study

The story at a glance The new study analyzed DNA methylation levels in 21 pairs of twins who followed different diets for eight weeks. One twin in each pair was instructed to follow an omnivorous diet (170-225 grams of meat, one egg, and 1.5 servings of dairy products daily) and the other was instructed to […]

UK jobs market cools again as wage growth slows | Economics

British wage growth slowed to its lowest level in two years in May due to a weakening jobs market, highlighting the challenges for the Bank of England as policymakers consider whether to cut interest rates. The numbers are UK Office for National Statistics The ONS said annual wage growth slowed to 5.7 percent in the […]

GDP slows in the first quarter as inflation concerns linger

GDP grew at an annualized rate of 1.4% in the first quarter of this year. (iStock) U.S. gross domestic product (GDP) grew at an annualized rate of 1.4% in the first quarter of 2024. Bureau of Economic Analysis data (BEA) found. The increase indicates that the economy is strong, but not growing at a significant […]

White-collar workers are struggling to find jobs as the labor market slows

Jack Otter and the Barron’s Roundtable panel discuss why job gains were lower than expected in April. US Labor Market Hiring is stabilizing after months of rapid job growth, but some workers are feeling the slowdown more than others. Recent Data According to a Vanguard survey, demand for high-income workers is declining, creating a two-tiered […]