Year: 2024

February Jobs Report Live Updates: U.S. Job Growth Remains Strong

February Jobs Report Live Updates: U.S. Job Growth Remains Strong

Updated March 8, 2024, 8:45 a.m. ETMarch 8, 2024, 8:45 a.m. ETIf the economy is slowing down, nobody told the labor market.Employers added 275,000 jobs in February, the Labor Department reported Friday, in another month to exceed expectations after January’s surprising surge. The unemployment rate increased to 3.9 percent.The repeat performance is additional evidence that four years after the start of the pandemic, America’s jobs engine is nowhere near running out of steam.“We’ve been expecting a slowdown in the labor market, a more material loosening in conditions, but we’re just not seeing that,” said Rubeela Farooqi, chief economist at High Frequency…
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Britain Is Cutting Taxes Again. Why Now?

Britain Is Cutting Taxes Again. Why Now?

At least once a year, Britain’s top financial official stands up in Parliament to lay out his — it has always been a his to date — tax and spending plans that are normally intended to bolster economic growth and keep a check on the nation’s debt. This year, Jeremy Hunt, the chancellor of the Exchequer, had to consider another priority: the upcoming general election.And so on Wednesday, Mr. Hunt announced that he would cut taxes for nearly 30 million workers. Beginning next month, the rate of National Insurance, a payroll tax paid by workers and employers that funds state…
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Alabama IVF Protection Bill Will Reopen Clinics but Curb Patient Rights

Alabama IVF Protection Bill Will Reopen Clinics but Curb Patient Rights

The Alabama legislature on Wednesday approved legislation intended to make it possible for fertility clinics in the state to reopen without the specter of crippling lawsuits.But the measure, hastily written, does not address the legal question that led to clinic closings and set off a stormy, politically fraught national debate: Whether embryos that have been frozen and stored for possible future implantation have the legal status of human beings.The Alabama Supreme Court made such a finding last month, in the context of a claim against a Mobile clinic brought by three couples whose frozen embryos were inadvertently destroyed. The court…
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Amid tragedy, one high school basketball team shows the power of sports

Amid tragedy, one high school basketball team shows the power of sports

GRETNA, Neb. — This is not a story about high school basketball. It’s not about a treasured coach who died midway through a season. It’s not a story of redemption, sorrow or achievement.It’s about togetherness. This is a story about community and a team that has revealed, through its resilience and fight to honor a lost leader, what the best of sports looks like.Wednesday night at Pinnacle Bank Arena in Lincoln, Neb., Gretna High School will play a first-round game in the Class A boys state tournament against Millard North.Brad Feeken coached the Dragons to win. He coached them with…
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Chinese National Accused of Stealing AI Secrets From Google

Chinese National Accused of Stealing AI Secrets From Google

A Chinese citizen who recently quit his job as a software engineer for Google in California has been charged with trying to transfer artificial intelligence technology to a Beijing-based company that paid him secretly, according to a federal indictment unsealed on Wednesday.Prosecutors accused Linwei Ding, who was part of the team that designs and maintains Google’s vast A.I. supercomputer data system, of stealing information about the “architecture and functionality” of the system, and of pilfering software used to “orchestrate” supercomputers “at the cutting edge of machine learning and A.I. technology.”From May 2022 to May 2023, Mr. Ding, also known as…
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Brighter Economic Mood Isn’t Translating Into Support for Biden

Brighter Economic Mood Isn’t Translating Into Support for Biden

Economic vibes don’t necessarily predict electoral outcomes, though, and this campaign is different in many ways from those in the past. “We’re kind of in an unprecedented situation where we’re weighing two incumbents,” said Joanne Hsu, who runs the Michigan survey.Anthony Rice, a 54-year-old Democrat in eastern Indiana, and pretty much everyone he knows, he said, are doing well right now. Gas prices are down, jobs are plentiful, and Mr. Rice, a unionized dump-truck driver, is benefiting directly from the infrastructure law that Mr. Biden signed in 2021. Yet few people in the deep-red part of the country where he…
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Powerful Psychedelic Drug Gains New Notice as an Opioid Addiction Therapy

Powerful Psychedelic Drug Gains New Notice as an Opioid Addiction Therapy

The drug company Atai Life Sciences is spending millions to research the compound, and congressional lawmakers from both parties have been pushing the government to promote ibogaine research for substance abuse, post-traumatic stress disorder and other mental health problems.For Dr. Deborah Mash, a professor of neurology at the University of Miami who began studying ibogaine in the early 1990s, the soaring interest is a vindication of her belief that the compound could help ameliorate the opioid crisis. “Ibogaine is not a silver bullet, and it won’t work for everybody, but it’s the most powerful addiction interrupter I’ve ever seen,” she…
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