WNBA Commissioner Cathy Engelbert is retiring at the end of the year, ending a seven-plus-year tenure that included a lucrative collective bargaining agreement that resulted in the league’s first set of million-dollar player salaries. “Cathy has presided over the WNBA through the most significant period of growth in the league’s 30-year history,” NBA Commissioner Adam…
The U.S. has many economies, not just one. Consider how much the gains in worker pay can vary from city to city. Nationwide, workers in August got a 4.7% bump in gross pay compared to a year ago, while their base pay rose by an average of 3.2%, according to ADP Pay Insights. Yet wages…
U.S. employers added 162,000 jobs in August, more than double economists’ forecasts and signaling a sharp acceleration from hiring in July. By the numbers Economists polled by FactSet forecast employers added 65,000 jobs in August. The unemployment rate was 4.1% in August, unchanged from the previous month. Hiring in August was boosted by job gains…
America’s aging population and the rising incidence of chronic health conditions such as heart disease, cancer and diabetes are projected to create millions of healthcare and social assistance jobs over the next decade, according to new government labor data. Employment in the sector is projected to grow 9.5%, adding 2.2 million jobs, from 2025 to…
Washington — President Trump’s investment accounts have continued to purchase and sell stock holdings in oil and natural gas companies while he oversees the U.S. war with Iran, according to his financial disclosure filings through the second quarter of 2026. As the Iran war continued, paused for a ceasefire and then restarted, Mr. Trump has…
A Trump administration effort aimed at discouraging Americans on food stamps from using the government nutritional aid to buy soda is having an impact, a new study shows. Recipients of Supplemental Nutrition Assistance Program benefits cut their sugary drink purchases by more than 12% from January to June of this year after new state-level restrictions…
Walmart said it is using billions of dollars in tariff revenue to lower prices as the company moves to appeal to consumers experiencing an affordability pinch due to higher inflation. The Arkansas-based retailer, which reported its earnings on Thursday, has received “substantially all” of the $2.9 billion in tariff refunds it was eligible for, executive…
Taking weight-loss drugs could help unemployed women get a job, according to new research. Unemployed women taking GLP-1 medications to lose weight saw a 27 percentage-point increase in employment after 18 months of use, compared with women who want to use the drugs but haven’t done so, Harvard economist Rebecca Diamond said in a recent paper published…
Artificial intelligence is believed to save workers time by helping them complete their daily tasks. But just how much more efficient can it make employees? About 55% of workers say they use AI on the job, with about one-third of those saying it cuts down the time they need to complete their assignments by one…
What a difference a day can make for monetary policy. On Thursday, interest rate futures were decidedly tilted toward the Federal Reserve hiking its benchmark rate in September, according to CME FedWatch, which tracks traders to forecast the central bank’s policy decisions. But after Friday morning’s dismal July jobs report, which showed that employers unexpectedly…
