The Bureau of Labor Statistics, which tracks prices and employment, faces scrutiny after several missteps. Some questions have gone unanswered.It has been a rough year for the Bureau of Labor Statistics.The agency — which produces key numbers on inflation, une... More »
It’s tough to overstate how much hinges on Friday’s employment update, from the path for interest rates to the economic outlook.A fresh jobs report set for release on Friday could mark a turning point for the American economy, making it one of the most importa... More »
The Committee on Foreign Investment in the United States is expected to raise national security concerns about selling the iconic steel producer to Japan’s Nippon Steel.President Biden is preparing to soon block an attempt by Japan’s Nippon Steel to buy U.S. S... More »
Artificial intelligence is at a pivotal moment. The rapid emergence of generative AI has brought with it a landslide of predictions about AI’s growth and impact on business and society. But one issue might keep your organization from scaling AI to its full pot... More »
Organizations of all sizes, across all sectors, are rushing to reap the benefits of generative AI, from boosting operational efficiencies to reinventing their businesses. But as they begin to adopt this transformative technology, they’re encountering a common ... More »
Why do bonuses sometimes backfire? It’s because each incentive design choice both signals information about your own beliefs and intentions as an employer and shapes the signaling value of employee behavior within the organization. If you don’t think through t... More »
A contract covering longshore workers on the East and Gulf Coasts will expire at the end of September, but talks have been stalled over the use of equipment that can function without human operators.When a dockworkers’ union broke off contract talks with manag... More »
Americans are being asked to tip more often and in more places than ever before: at fast food counters and corner stores, at auto garages and carwashes, even at self-checkout kiosks. That has rankled many customers and divided both employers and tipped workers... More »
Petersburg, Alaska, is as pretty a seaside town as any you’ll find across the filigree of fjords and foggy islands that make up the state’s maritime coast. Statuary and floral designs evidence its proud Scandinavian heritage, and bald eagles soar across the na... More »
Inflation remained cool in July, based on the Personal Consumption Expenditures Index, keeping the Federal Reserve on track for rate cuts.Inflation held steady in July on a yearly basis, fresh data release on Friday showed, the latest sign that progress toward... More »
Four passengers were in intensive care after the flight from Spain to Uruguay hit turbulence that injured dozens. The plane made an emergency landing in Brazil.There were blood stains on an airplane seat and broken ceiling panels after severe turbulence forced... More »
LOADINGERROR LOADINGThe International Brotherhood of Teamsters has a message for basketball fans: Don’t drink Molson Coors beers during the NCAA Final Four.The union is boycotting the company’s products nationwide amid a strike at the Molson Coors facility in ... More »