Investments and Business

All major Las Vegas Strip casinos are now unionized in historic labor victory

Las Vegas Strip casinos fully unionized in unprecedented labor success

In a development that marks a turning point for the hospitality and gaming industry, every major casino along the Las Vegas Strip is now officially unionized. This historic shift reflects years of persistent organizing efforts and signals a broader movement toward stronger labor representation in one of America’s most iconic tourism corridors.The culmination of this unionization wave has been hailed by labor advocates as a significant victory for service workers who have long sought improved conditions, better wages, and greater job security. It also reinforces the role of organized labor in sectors traditionally characterized by high turnover, demanding workloads, and…
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E.U. will pause retaliatory tariffs against U.S. as trade talks continue

E.U. puts retaliatory tariffs on hold with U.S. amid trade talks

The European Union has decided to temporarily stop applying retaliatory tariffs on products imported from the United States, indicating a tactical break in a prolonged trade disagreement across the Atlantic. This step is taken as both parties strive to address significant disagreements by engaging in renewed talks focused on alleviating economic tensions and preventing a further increase in trade barriers.Representatives of the European Commission stated that the suspension is an aspect of a larger initiative to foster a positive setting for discussions, especially concerning matters like subsidies, industrial strategy, and regulatory harmonization. The choice to delay further tariffs shows a…
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Trump says the Bureau of Labor Statistics orchestrated a ‘scam.’ Here’s how the jobs report really works

Trump calls jobs report a ‘scam’: What really happens at the Bureau of Labor Statistics

Ex-President Donald Trump has once more questioned the reliability of U.S. federal economic statistics, this instance alleging that the Bureau of Labor Statistics (BLS) has distorted employment numbers to deceive the populace. By labeling the monthly jobs report a "fraud," Trump’s remarks have sparked renewed discussions over the trustworthiness and precision of American employment data. Even though such claims have significant political implications, they frequently distort the meticulous, systematic approach used to produce these reports.Understanding how the BLS constructs its monthly employment summaries is key to evaluating such claims. The process is extensive, data-driven, and designed to ensure transparency and…
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The U.S. job market was weak in July, and previous months were worse than thought

July job numbers in U.S. weak, earlier reports now revised down

The most recent report concerning the U.S. job market has revealed a more pessimistic scenario than anticipated. In July, the pace of job creation decelerated, and figures from earlier months were revised to indicate a lesser performance than originally disclosed. This blend of reduced hiring activity and downward adjustments is causing anxiety about the robustness of the economic recovery and the future trajectory of employment patterns.According to the most recent figures, employers added fewer jobs in July than analysts had anticipated. While job creation continued, the pace was notably slower, suggesting that businesses may be pulling back on hiring as…
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