WASHINGTON — Tentative signs have emerged that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve's inflation fighters: Companies are postingand Americans were still spending at a solid clip — factors that may have also helped keep inflation stickier than the Fed wanted.
Frank Fiorille, vice president of compliance and data analytics at Paychex, a payroll provider for small businesses, said that hiring actually accelerated among their clients last month.“That sort of mom-and-pop, Main Street small business — we’re hearing still pretty positive things,” Fiorille said.
And now, growing signs suggest that the job market is settling back to something close to a pre-pandemic normal. The number of open jobs fell sharply in April for a second straight month, the governmentAnd the number of Americans who are quitting their jobs has also fallen back to pre-pandemic levels, a sharp shift from two years ago, when quits soared to record highs in the economic recovery from the pandemic.
Former Rep. Liz Cheney’s PAC made a subtle dig at former President Trump in a new D-Day-themed advertisement Thursday. The ad, posted on the social platform X to mark the D-Day anniversary, features clips of presidents including former Presidents Eisenhower and George W. Bush discussing the military action in Normandy.
WASHINGTON — House Speaker Mike Johnson on Wednesday appointed two far-right Republicans to the powerful House Intelligence Committee, positioning two close allies of Donald Trump who worked to overturn the 2020 presidential election on a panel that receives sensitive classified briefings and oversees the work of America's spy agencies.ST.