News
National Journal | Senate Could See New, Five-Month Unemployment Insurance Bill Next Week
Senate negotiators are once again going to bat for unemployment insurance. Sen. Dean Heller of Nevada—a Republican who has been working closely with Democratic Sen. Jack Reed of Rhode Island for more than a month to construct new legislation—said the announcement will likely come next week.
FOX Business | Trading Slowdown Has Goldman Mulling Further Cuts
To cut or not to cut? That is the question Goldman Sachs executives are preparing to answer when the firm unveils second-quarter earnings next month, and investors will be focused on the shrinking profitability of the firm’s once-mighty traders, the FOX Business Network has learned.
Econ Comments & Analysis
CNN Money | Massachusetts approves $11 minimum wage
Lawmakers in the Bay State gave final approval on Thursday to legislation that will gradually raise the minimum to $11 an hour by 2017, up from $8 today. Governor Deval Patrick received the bill Thursday evening, said Jesse Mermell, a spokeswoman. He is expected to sign it into law soon.
Blogs
Market Watch | The counties where both wages and jobs are growing
The Labor Department on Thursday released data on wage and job growth by county, and one way to figure out the hot spots for employment is to look at places where both wages are growing and employers are hiring. The data, current through the fourth quarter of 2013, shows Santa Cruz, Calif. with the strongest wage growth of 6.5%, helped by the tech boom. Weld, Colo., had the largest increase in employment, with a gain of 6%, on a splurge of construction.
