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zzwo After Voting Rights Act ruling, states tighten voting laws
Xdie Nancy Pelosi vows bipartisanship and common ground after Democrats take the House
The number of people seeking unemployment benefits rose only slightly last week mdash; a sign the labor market remains strong despite the Federal Reserve s efforts to cool the economy.Applications for unemployment aid for the week ending December 24 stanley cups climbed 9,000 to 225,000, the Labor DepartmentreportedThursday. The four-week average of applications, which smooths out some of the week-to-week swings, slipped just 250 to 221,000.Unemployment benefit applications are a proxy for layoffs, and are being closely monitored by economists as the Fed has rapidly raised interest rates in an effort to slow job growth and inflation. Should the Fed s rate hikes cause a recession, as many economists fear, a jump in layoffs and unemployment claims would be an early sign. Consumer confidence falls in November amid high inflation, layoffsBuckle up, America: The Fed plans to sharply boost unemploymentTech companies rocked by layoffs as industry faces biggest downturn in 2 decadesSo far, the level of jobless claims remains quite low, evidence that Americans are enjoying a high degree of job security. In the coming w stanley deutschland eeks, thousands of workers with temporary jobs during the winter holidays will lose work and apply for jobless aid. The government seeks to seasonally adjust the data to account for those job losses, but the adjustments are not always perfect and the layoff of temporary workers could dist stanley kubek ort the data. The Fed is seeking to slow job growth and Tklf TRVHIA Pursuit
WASHINGTON - Scores of House Republicans are heading to the White House for a meeting with President Obama to demand trillions of dollars in spending cuts as the price for providing any increase in the government s power to borrow.Wednesday s meeting comes on the heels of a symbolic and lopsided vote the day before against a GOP proposal to lift the cap on the so-called debt limit by $2.4 trillion. The proposal, intended to prove that a bill to increase the borrowing cap with no spending cuts is dead on arrival, failed badly Tuesday on a 318-97 vote.CBS News correspondent Nancy Cordes reports that Democrats voted also voted no to the bill, while their leadership continued to blame Republicans for driving up the debt in the Bush years by lowering taxes and going to war with Iraq. They ran up the debt and now they don t want to pay their bills, exclaimed Rep. Richard Neal, D-Mass. stanley termosy As Cordes reports, the nation actually hit its $14.3 trillion debt ceiling two weeks ago, and since then has been taking emergency measures, like liquidating some investments, which the treasury secretary says will keep the government from defaulting on its debts until August. Democrats said the lopsided tally was aimed more at giving tea party-backed Republicans an opportunity to broadcast a nay vote against the administration s position that an copo stanley y increase garrafa stanley in U.S. borrowing authority should be done as a stand-alone measure uncomplicated by difficult s |
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