Democrats, led by Bernie Sanders and Elizabeth Warren, are strongly opposing a US Department of Labor proposal to allow 401(k) investments in cryptocurrency and private assets, citing risks to workers' retirement savings and potential conflicts of interest related to Donald Trump.
US consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher. The Labor Department’s consumer price index rose 3.8 per cent from April 2025, according to data released on Tuesday. On a month-to-month basis, April prices rose 0.6 per cent from March as petrol prices rose 5.4 per cent during the month; the month-over-month gain was down from 0.9 per cent increase from February to March. Labor Department figures showed that petrol prices are up more...
Trump's relationship with Chinese President Xi Jinping will be tested in upcoming visit, Labor Department releases latest cost-of-living report, experts say hantavirus isn't a risk to public at large.
Unemployment remained steady at 4.3% as the US-Israel war on Iran continues to rattle the American economyUS employers added 115,000 jobs in April and the unemployment rate remained steady at 4.3%, a surprisingly robust gain to the labor market as the US-Israel war with Iran continued to drive up economic uncertainty.Economists projected about 55,000 new jobs and a 4.3% unemployment rate. A day earlier, the labor department announced 200,000 people filed for weekly unemployment benefits, a slight increase from the week before. Continue reading...
The U.S. Department of Labor announced the launch of the AI in Registered Apprenticeship Innovation Portal, a new website designed to help workers and employers build AI skills and expand AI-focused apprenticeship programs. The portal debuted during National Apprenticeship Week and organizes resources into three areas: AI skills in Registered Apprenticeship, AI skill-building by industry, and integrating AI into programs. It includes training modules for education, finance, healthcare, and advanced manufacturing sectors.
