Washington — Massachusetts Sen. Elizabeth Warren said Sunday that a proposal from Congress to lift the Federal Deposit Insurance Corporation’s (FDIC) insurance cap from its current $250,000 limit is an option that has “got to be on the table right now” as lawmakers debate how to respond to the rapid …
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Stanford University employee charged for allegedly lying about being raped twice on campus
A 25-year-old Stanford University employee was arrested Wednesday and charged with felony perjury for allegedly lying about being raped twice last year on campus, authorities said. Jennifer Ann Gries, of Santa Clara, first reported a false sexual attack in August when she told a nurse at Valley Medical Center in …
Read More »Employees find balance as some companies cut workweek to 4 days
Dreaming of a three-day weekend every weekend? For some workers, it’s already a reality. Elise McCave, head of film Kickstarter, never works on Fridays since the crowdfunding platform shifted to a 32-hour workweek, as more companies experiment with flexible schedules that let employees decide where, when and even how often …
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Renters often differ on the kinds of amenities they consider essential in a living space, but a new survey reveals one amenity that many won’t sign without: pet-friendliness. Pet-friendly rental listings are in popular demand, according to Zillow’s latest Consumer Home Trends Report, which shows that 59% of renters in …
Read More »Justice Department files lawsuit to block JetBlue’s $3.8 billion deal for Spirit
The U.S. Department of Justice on Tuesday sued to block JetBlue’s proposed $3.8 billion acquisition of Spirit Airlines. The deal, announced in July 2022, would create the fifth-largest carrier in the U.S. and represent the largest airline industry merger since Alaska Air bought Virgin America in 2016 for $2.6 billion. The lawsuit …
Read More »Massachusetts woman killed in 1978 identified as Patricia Ann Tucker after DNA match from son who was 5 when she vanished
Nearly 45 years after a woman was found shot to death on a logging road in western Massachusetts, investigators have identified her through advanced genetic testing. Patricia Ann Tucker, 28, was found on Nov. 15, 1978. A group of kids playing in Granby found her body on November 15, 1978 …
Read More »Recession fears: Wage growth is slowing. Blame the Federal Reserve Chairman Jerome Powell
Workers flexed their muscles in 2022, with strikes surging and a labor shortage pressuring businesses to lift wages. That was then. Now, metrics show that wage growth peaked in the middle of last year and has since slowed. A comprehensive measure of employee pay showed that employer spending on pay …
Read More »Philadelphia shooting: 2
A 2-year-old girl and five teenagers were among seven people wounded in a shooting Thursday evening outside an elementary school in Philadelphia, officials said. The shooting was reported at about 6 p.m. ET outside the James G. Blaine School in the Strawberry Mansion neighborhood, CBS Philadelphia reported. The Associated Press …
Read More »Nevadans to vote in 2024 on removing slavery, involuntary servitude as punishment from state constitution
Nevada voters will decide whether to get rid of slavery and involuntary servitude as a form of criminal punishment from the state constitution on the 2024 ballot, part of a push among some states to remove outdated, century-old language that has stayed on the books. The Nevada Senate unanimously passed …
Read More »Stocks tumble on worries of upcoming company profits and squeeze of higher rates
Stocks tumbled to their worst day in two months Tuesday, buckling under worries about higher interest rates and their tightening squeeze on Wall Street and the economy. The S&P 500 fell 82 points, or 2%, to close at 3,997 — its sharpest drop since the market was selling off in …
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