Labor economy

President Donald Trump talks with reporters before departing for an event to celebrate the 400th anniversary celebration of the first representative assembly at Jamestown, on the South Lawn of the White House, Tuesday, July 30, 2019, in Washington. (AP Photo/Evan Vucci)
July 30, 2019 - 2:53 pm
WASHINGTON (AP) — President Donald Trump is claiming a groundswell of African American support in response to his comments denigrating Rep. Elijah Cummings and his majority-black Baltimore district, despite polling showing consistently negative numbers. Speaking to reporters at he left the White...
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FILE - In this July 10, 2019, file photo shoppers visit the downtown Target Store in Minneapolis. On Tuesday, July 30, the government reports on the pace of consumer spending in June. (AP Photo/Jim Mone, File)
July 30, 2019 - 8:45 am
WASHINGTON (AP) — Consumer spending rose a healthy 0.3% in June, slightly below the strong gains of the past three months, while incomes turned in a solid 0.4% gain for the fourth straight month. The Commerce Department said Tuesday that the spending increase followed strong gains of 1% in March, 0...
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FILE - In this July 22, 2019, file photo trader William Lawrence works on the floor of the New York Stock Exchange. U.S. stocks moved lower in early trading on Wall Street Monday, July 29, as investors pulled back after pushing stocks to record highs last week. (AP Photo/Richard Drew, File)
July 29, 2019 - 4:54 pm
Major U.S. stock indexes closed mostly lower Monday as investors turned cautious ahead of a key Federal Reserve interest policy announcement and other potentially market-moving developments on tap for this week. Banks, retailers and communications companies took the brunt of the selling. Those...
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In this July 17, 2019 photo, Mike Wilson, who runs Curveball Sportscards and Collectibles at the SVRC Marketplace in downtown Saginaw, Michigan works in his store. He supports President Donald Trump and credits him for a good economy. Economic conditions in Michigan could be crucial in determining whether Democrats retake a state they once held for decades (AP Photo/Sara Burnett)
July 29, 2019 - 7:16 am
SAGINAW, Mich. (AP) — A bright mural welcomes people to downtown Saginaw, where a new indoor market opened along the riverfront last year — part of the city's decades-long effort to reinvent itself after the auto industry started leaving. Inside the market, vendors sell falafel, fresh-baked pies...
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In this July 23, 2019, photo, auto repairman Terrance Holmes is interviewed in Detroit. When Barack Obama was on the ballot in 2008 and 2012, there was no question that Holmes would vote for the first black president. But as he helped fix cars at a repair shop on Detroit's west side, he recalled his ambivalence about the 2016 campaign. He hasn't paid much attention to the early Democratic primary and didn't know that two high-profile black candidates are running. But he vowed to help vote President Donald Trump out of office in 2020, regardless of which Democrat emerges as his challenger. (AP Photo/Carlos Osorio)
July 26, 2019 - 3:54 pm
DETROIT (AP) — When Barack Obama was on the ballot in 2008 and 2012, there was no question that Terrance Holmes would vote for the first black president. But as he helped fix cars this week at a repair shop on Detroit's west side, he recalled his ambivalence about the 2016 campaign. "I just didn't...
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July 16, 2019 - 10:02 am
HARARE, Zimbabwe (AP) — Representatives of Zimbabwe's government workers Tuesday protested against what they called "slave salaries" as inflation almost doubled to 176%, a decade high that highlights the country's rapidly deteriorating economy. Holding placards and singing songs denouncing the...
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United Auto Workers President Gary Jones, left, and Ford Motor Co., Chief Executive Officer Jim Hackett shake hands to open their contract talks Monday, July 15, 2019, in Dearborn, Mich. (AP Photo/Carlos Osorio)
July 15, 2019 - 2:05 pm
DEARBORN, Mich. (AP) — Contract talks between the United Auto Workers and Detroit's three automakers kicked off with the union president departing from the traditionally friendly tone by telling Ford executives that workers want a bigger share of the companies' record profits. While Ford executives...
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Labor Secretary Alex Acosta, right, accompanied President Donald Trump, left, speaks to members of the media on the South Lawn of the White House in Washington, Friday, July 12, 2019, before Trump boards Marine One for a short trip to Andrews Air Force Base, Md. and then on to Wisconsin. Trump says Labor Secretary Alex Acosta to step down, move comes in wake of handling of Jeffrey Epstein case. (AP Photo/Andrew Harnik)
July 12, 2019 - 6:01 pm
WASHINGTON (AP) — Adding to the lengthy list of departures from President Donald Trump's Cabinet, Labor Secretary Alexander Acosta said Friday he's stepping down amid the tumult over his handling of a 2008 secret plea deal with wealthy financier Jeffrey Epstein, who is accused of sexually abusing...
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Federal Reserve Chair Jerome Powell presents the monetary policy report to the Senate Banking Committee, July 11, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 11, 2019 - 3:34 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, said Thursday that the economy is in a "very good place" despite headwinds and that the Fed is prepared to do what it can to "keep it there." Powell's comments before the Senate Banking Committee...
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Assembly Speaker Anthony Rendon, D-Lakewood, speaks in support of a bill to limit when companies can label workers as independent contractors, during a rally in Sacramento, Calif., Wednesday, July 10, 2019. The measure, AB5 by Assemblywoman Lorena Gonzalez, D-San Diego, aimed at major employers like Uber and Lyft, was approved by a Senate committee and still needs approval by the full Senate. (AP Photo/Rich Pedroncelli)
July 10, 2019 - 7:30 pm
SACRAMENTO, Calif. (AP) — The battle between California lawmakers and ridesharing companies such as Uber and Lyft heated up Wednesday as Assembly Speaker Anthony Rendon offered harsh words laced with expletives for businesses in the gig economy. "They use a lot of really cute words basically to...
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