March 2, 2021

The promise Mars, Nestlé, and Hershey won’t make

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By Katrina French From Freedom United Mars, Nestlé, and Hershey Won’t Promise Chocolate is Free from Child Labor – The Washington Post The world’s largest chocolate companies promised to eradicate child labor from their supply chains 20 years ago. But today, these same companies say they cannot guarantee that the chocolate you buy is free […]

GDP grows above-forecast 2.6 percent as business spending picks up

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From Newsmax The U.S. economy cooled by less than expected last quarter as business investment picked up, suggesting growth could be stronger for longer as the Federal Reserve takes a patient approach to interest rates. The 2.6 percent annualized rate of gains in gross domestic product from October to December compared with the 2.2 percent […]

US: Weekly Jobless claims drop to near 49-year low

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From Newsmax The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting its lowest level in nearly 49 years and pointing to robust labor market conditions. Initial claims for state unemployment benefits slipped 1,000 to a seasonally adjusted 204,000 for the week ended Sept. 8, the lowest level since December 1969, the […]

Highest core inflation in decade flattens real US wage growth

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From Newsmax A gauge of U.S. consumer prices jumped by the most in a decade in July, eating into wage gains that have barely budged in the past four months and strengthening the case for the Federal Reserve to keep raising interest rates gradually. The core measure of the Consumer Price Index, which excludes food […]

Positive U.S. jobs report extends to legal industry

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By Scott Flaherty, From The Am Law Daily The U.S. legal services sector added 1,200 jobs in December, continuing a trend of growth over the final four months of 2015, according to seasonally adjusted preliminary data released Friday by the U.S. Department of Labor’s Bureau of Labor Statistics. The legal industry employed 1,128,000 people in […]