Markets Insider

The US is heading into a bankruptcy cycle that could spark more job losses, Danielle DiMartino Booth said. The veteran forecaster pointed to the rise in large bankruptcies so far this year. June could see a rise in large bankruptcies, raising unemployment, she predicted. A wave of large bankruptcies is...

The US economy is headed into a corporate bankruptcy cycle that will spike unemployment, veteran forecaster says

CBS Sacramento

The U.S. jobs market cooled in June but remains solid, raising the odds that the Federal Reserve will be able to curtail inflation without pushing the economy into a downward spiral.Nonfarm payrolls rose by 206,000 jobs last month, in line with analyst forecasts, and unemployment edged up to a still-low 4.1% from 3.4% in early 2023 — its lowest in decades, according to the Labor Department's Bureau of Labor Statistics data.Numbers for the prior two months were downwardly revised, with May now showing 218,000 additional jobs instead of the previously reported 272,000 increase. April's count was also revised lower, to 108,000 from 165,000. Average...

Hiring in the U.S. slowed in June, raising hopes for interest rate cuts

PBS NewsHour

The U.S. Economy added more jobs than expected last month, the 42nd consecutive month of job growth. But unemployment inched up to 4.1 percent and there were other signs of a cooling labor market. For a deeper look at what this means for the economy, Amna Nawaz spoke with Roben Farzad of Full Disclosure.

Jobs report exceeds expectations but unemployment rise signals cooling labor market

WASHINGTON (AP) — The number of Americans filing for unemployment benefits inched up last week and remain historically low, however the total number of people collecting jobless benefits continues to grow. The Labor Department reported Wednesday that jobless claims for the week ending June 29 rose by 4,000 to...

U.S. continuing jobless claims rise for 9th straight week, though unemployment stays historically low

Tennessee State

Jacksonville, FL

NBC News

This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans. Laid off before the Covid-19 pandemic and has struggled to find full-time work since. Gets her income from delivering food and other items on delivery apps like Shipt but plans...

Laid off from a nearly six-figure job, this 61-year-old has been driving for delivery apps: 'I don't get a day off'

Illinois State

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Chicago, IL

Chicago Happenings

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

New York City, NY

The driver of a pickup truck that fatally plowed into a group of revelers celebrating the Fourth of July at a New York City park Thursday evening was a substance abuse counselor who penned a book on helping others overcome addiction, according to law enforcement sources. Daniel C. Hyden, 44,...

Driver who plowed into NYC Fourth of July gathering in suspected DUI was a substance abuse counselor and author

A growing number of states are now banning tianeptine, also known as “gas station heroin” for its similar effects on the brain. Dr. Akshay Syal breaks down how a drug that can be addictive and deadly is available at stores across the country.

How ‘gas station heroin’ ends up in stores across the U.S.

Pennsylvania State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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Bucks County Beacon

Backlash to LGBTQ+ progress has increased substantially in Pennsylvania and across the U.S. in recent years. From attacks on LGBTQ inclusion in public schools and threats against drag queen story hours to mounting anti-LGBTQ legislation, right-wing extremists have used disinformation and conspiracies to try to erode the rights and liberties and even safety of queer and trans Americans.

As Anti-LGBTQ Backlash Grows, Advocates Say There Is ‘Hope’ In Action

North Carolina State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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Town Talks

One North Carolina Hospital Received a "D" in Patient Safety. When you need medical assistance in North Carolina, it's important to choose the right hospital. Unfortunately, not all hospitals in the state offer the same level of patient safety.

North Carolina Hospital Received a "D" in Patient Safety Sparks Concern

Georgia State

For years, lawyers and advocates fought the use of “stop and frisk,” a policing tactic that left a majority of Black and brown men who experienced it physically and mentally scarred and distrustful of law enforcement. After a lengthy legal battle, a federal judge in 2013 found it unconstitutional, essentially banning it.

Trump courts Black men as he pledges return to a policy that disproportionately targeted them

Missouri State

CJ Coombs

According to Shakey's website, this pizza parlor is only in California, North Carolina, and Washington state in the U.S. now. This was my family's go-to pizza joint when my father was stationed with the Air Force outside of Omaha, Nebraska. We liked it so much, that when we were transferred again, it was hopeful we'd find another one.

Shakey's Pizza Parlor and nostalgia: the first franchised pizza restaurant also landed in Missouri

Fresno, CA

A family party near Fresno, California, resulted in 10 people being treated for botulism, a rare but serious illness caused by bacteria that affects the nervous system, public officials said Friday. The culprit in the outbreak? Home-canned nopales, or cactus pads. Two sisters are currently recovering in intensive care, a...

2 California sisters in ICU with botulism amid outbreak traced to home-canned nopales

Reuters

WASHINGTON (Reuters) - U.S. employment increased solidly in June, but government and healthcare services hiring made up about three-quarters of the payrolls gain and the unemployment rate hit a 2-1/2-year high of 4.1%, pointing to a slackening labor market that keeps the Federal Reserve on course to start cutting interest rates soon.

US labor market losing steam as unemployment rate climbs to 4.1%

Texas State

Hurricane Beryl is moving toward south Texas after tearing through parts of the Caribbean and Mexico. More than 140 million people are under heat alerts, with dozens of cities expected to break heat records. And another dangerous wildfire has broken out in California. NBC News' Priscilla Thompson reports.

Hurricane Beryl takes aim at Texas

The e-Texan

New York – As Trump anticipates his sentencing on July 11th in the New York hush money case, Florida Judge Aileen Cannon made a ruling this Monday. Despite rejecting Trump’s legal team's request to dismiss several charges in the classified documents case, she conceded on a minor point. She removed a portion of the charges that referenced an uncharged allegation, but upheld the other charges.

Legal expert says Trump should not be jailed after New York guilty verdict because he is ‘too old’

Gloucester County, NJ

Franklinville, NJ

Morristown Minute

FRANKLINVILLE, N.J. -A Gloucester County, New Jersey, man admitted today that he defrauded the government of more than $200,000 in Social Security and Medicaid benefits, U.S. Attorney Philip R. Sellinger announced.

Man Guilty of $200K Social Security & Medicaid Fraud

Before June 1 started, VCPost reported that the jobless rate rose in the US, with unemployment benefit applications going from 8,000 to 229,000. In June, the unemployment rate strengthened to 4.1%, its highest level since November 2021. According to Yahoo Finance, the US labor market responded by adding 206,000 jobs in the same month, surpassing economists' expectations of 190,000. While the rise in the employment rate is concerning, the positive job growth points to a potential slowdown or challenges within the job market, partly due to recent slowing inflation and fewer layoffs.

US Adds Over 200K Jobs in June as Unemployment Rate Hits 4.1%, Highest Since 2021

The Hill

The U.S. economy added 206,000 jobs in June and the unemployment rate rose slightly to 4.1 percent, according to Labor Department data released Friday.  The latest jobs numbers are are largely in line with expectations that the economy would add 190,000 jobs and maintain a jobless rate of 4 percent.  The report follows blockbuster May…

US economy adds 206K jobs in June

New York Post

The rate of job growth moderated in June while May figures were revised downward — a trend that Wall Street analysts view as a positive sign that the Federal Reserve will slash interest rates later this year.

Nonfarm payrolls rose by 206,000 jobs in June – ahead of the 190,000 jobs economists expected but below the growth rate seen in previous months this year, the Labor Department said on Friday. 

The feds also revised May jobs figures from the reported 272,000 jobs down to 218,000. For April, the government also revised the job figures downward — from the initial 165,000 to...

US job market shows signs of weakening, boosting hopes for rate cuts

NewsBreak

Employers added 206,000 jobs in June, as sturdy labor market gradually cools

The Labor Department's June jobs report showed employers added 206,000 roles last month, down from 218,000 in May. Unemployment ticked up to 4.1%, inching above 4%...

Employers added 206,000 jobs in June, as sturdy labor market gradually cools

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