Tag Archives: Secretary

U.S. Labor Secretary Marty Walsh is giving a thumbs up to the May jobs report, but acknowledges it will take some time for the labor market to fully recover from the COVID-19 pandemic.  “There is no question there is still a ways to go in still dealing with the pandemic from all of the job loss at the beginning of the pandemic,” Walsh said on Yahoo Finance Live.  The Labor Department reported Friday that non-farm payrolls increased by 559,000, falling shy of Wall Street’s estimates for a… Source link

They sit parked in megalots all across North America — next to a big stone quarry in Troy, Missouri, by an auto assembly plant in Silao, Mexico, and filling the vast parking areas outside the Kentucky Motor Speedway near Owensboro. Tens of thousands of bright, shiny, never-been-driven Ford (F) and GM (GM) trucks and SUVs. They appear to be ride ready, but they aren’t. Buyers are lined up to buy them, but they can’t. The problem, as you might have guessed, is the vehicles have no… Source link

After a hugely disappointing April jobs report, U.S. Labor Secretary Marty Walsh rejected claims from Republicans and some businesses that enhanced unemployment benefits are keeping workers from going back to work.  The Labor Department reported the U.S economy added back just 266,000 jobs last month, sharply missing economists’ expectations of 1 million.  “266,000 jobs under normal circumstances — and we’re certainly not living in normal circumstances — would be a good month,” said… Source link

In a new interview with Yahoo Finance, U.S. Labor Secretary Marty Walsh suggested the results of a historic union vote at an Amazon (AMZN) warehouse in Alabama are imminent. He also objected in general terms to anti-union “intimidation” amid concerns over a campaign waged by Amazon to dissuade workers from supporting the organizing drive. “The Amazon situation — we’re going to see what the result of the vote is in the next few days,” Walsh says. Vote-tallying by the National Labor Relations… Source link

Eleven state financial regulators are calling on Education Secretary Miguel Cardona to rescind Trump-era regulations that they say are insulating student loan servicers from more oversight. The consumer protection agencies from California, Colorado, Connecticut, Illinois, Maine, Massachusetts, New Jersey, New York, Rhode Island, Washington and Wisconsin are asking Cardona to reverse what they call “unnecessary and legally dubious” guidelines under former Education Secretary Betsy DeVos… Source link

TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link

Betsy DeVos resigned her post as Education Secretary last week following the riots at the U.S. Capitol on January 6 with just days left in the position, saying President Trump’s rhetoric was an “inflection point.” But former Education Secretary Arne Duncan says DeVos’s actions were far from heroic and that her willingness to work with President Trump reveals much about her character. “When you work with somebody like Trump, that reveals everything about who you are and your… Source link

General Lloyd Austin would need a special waiver from Congress because he retired less than seven years ago US President-elect Joe Biden has chosen retired General Lloyd Austin as his defence secretary, US media report. Gen Austin, aged 67, will become the first African-American to lead the Pentagon. Gen Austin, who led US Central Command during the Obama administration, would need a congressional waiver as it is less than seven years since he retired. Mr Biden’s reported decision comes two… Source link

TipRanks 3 Monster Growth Stocks That Still Have Room to Run Investors are in the market to make a profit, and that means finding the stocks with proven growth potential. Yes, it’s a cliché to remind everyone that past performance does not guarantee future results, but when a stock consistently shows strong share appreciation, over an extended period, it’s a positive sign for investors.With more than ten months behind us, the stocks that are now showing a combination of strong gains and a… Source link

President-elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen to be Treasury Secretary, the Wall Street Journal reported on Monday, after Biden previously said his nominee would “be accepted by all elements of the Democratic Party.” If confirmed, Yellen — the first woman to chair the Fed — will smash another glass ceiling by becoming the first woman to lead the Treasury Department. In making such a choice, President-elect Biden is distinguishing himself from former… Source link