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EconomyPosted by
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Ten states to end enhanced unemployment benefits June 26

Ten states will exit the enhanced unemployment benefits at the end of the week — impacting roughly 2.5 million workers. Arkansas, Florida, Georgia, Montana, Ohio, Oklahoma, South Carolina, South Dakota, Texas and Utah will all be ending the $300 federal supplemental benefits in their states, joining 12 other states that previously opted out of the benefits in the past two weeks, as the U.S. emerges from the coronavirus pandemic.
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EconomyPosted by
CBS News

Ten states to end enhanced unemployment benefits June 26

Ten states will exit the enhanced unemployment benefits at the end of the week — impacting roughly 2.5 million workers. Arkansas, Florida, Georgia, Montana, Ohio, Oklahoma, South Carolina, South Dakota, Texas and Utah will all be ending the $300 federal supplemental benefits in their states, joining 12 other states that previously opted out of the benefits in the past two weeks, as the U.S. emerges from the coronavirus pandemic.
AgriculturePosted by
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Black farmers might not receive their own debt-relief funding

Earlier this year, Black farmers were slated to receive billions of dollars in federal aid to wipe away their U.S. Department of Agriculture loans. The chance of actually getting that money however is starting to wither. That's because two federal judges have blocked Black, Brown and other farmers of color...
Labor IssuesPosted by
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Teamsters vow to unionize Amazon from "coast to coast"

The International Brotherhood of Teamsters, one of the largest labor unions in the country, passed a resolution with near-unanimous support from its delegates on Thursday to help unionize at Amazon. The resolution, which passed with 1,562 votes in favor and nine against, is a declaration of war against one of...
POTUSPosted by
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Infrastructure pact would boost construction and machinery companies

Plans to pump money into rebuilding the nation's roads, bridges and other infrastructure could give companies that make machinery and materials a solid foundation for growth. Caterpillar, with its heavy machinery, and construction materials company Vulcan Materials could see years of additional business as roads and bridges are rebuilt and buildings are modernized. The benefits would be even broader, impacting Sherwin-Williams, United Rentals and others that make, sell, or rent anything used for construction.
POTUSPosted by
CBS News

Infrastructure pact would boost construction and machinery companies

Plans to pump money into rebuilding the nation's roads, bridges and other infrastructure could give companies that make machinery and materials a solid foundation for growth. Caterpillar, with its heavy machinery, and construction materials company Vulcan Materials could see years of additional business as roads and bridges are rebuilt and buildings are modernized. The benefits would be even broader, impacting Sherwin-Williams, United Rentals and others that make, sell, or rent anything used for construction.
SocietyPosted by
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Puerto Rico debates statehood as income inequality grows

CBSN Originals' new documentary "Fighting for Paradise: Puerto Rico's Future" explores the growing economic inequality in Puerto Rico and the divide over whether statehood is the solution. CBS News correspondent Lilia Luciano joins Tanya Rivero to discuss the island's economy and differing visions of its path forward.
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"Trumpism" has parallels around the world

Some experts say the deep political divides seen in the United States are also happening around the world. Thomas Edsall, a contributing op-ed writer for The New York Times, joins Tanya Rivero on CBSN to explain the patterns.
EconomyPosted by
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New jobless claims down slightly after unexpected rise

The number of Americans filing for first-time unemployment benefits fell last week, after unexpectedly spiking just one week before. According to the U.S. Labor Department, 411,000 Americans filed new jobless claims the week ending June 19th, a decline of about 7,000. Greg McBride, chief financial analyst at Bankrate, joins CBSN to discuss the latest numbers.
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"We have a deal": Biden announces bipartisan compromise on infrastructure

President Joe Biden threw his support behind an infrastructure proposal negotiated by a bipartisan group of senators, boosting momentum for the deal even as congressional leadership also presses forward with a larger bill addressing the more ambitious aspects of the president's agenda. "We have a deal," Mr. Biden told reporters...