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July 1, 2017 4:40 PM New Jerseyans feeling impact of state government shutdown

TRENTON, N.J. — New Jerseyans were feeling the impact as a state government shutdown took effect Saturday, shuttering parks and other public sites and disrupting ferry service to Liberty and Ellis islands. Among those affected were a group of Cub Scouts forced to leave a state park campsite and people trying to obtain or renew documents from the state 88

June 30, 2017 4:57 PM Here's where Americans are getting a raise this weekend

A lot of Americans are getting a raise this holiday weekend. Minimum wage hikes take effect Saturday in cities, counties and states across the country. In San Francisco and Los Angeles, the increase is a step toward a minimum wage of $15 an hour -- the "living wage" threshold that workers' rights activists have been lobbying for since 2012. The minimum 49

June 27, 2017 6:45 AM The Latest: 3 GOP senators threaten to oppose health bill

Threats of opposition from three Republican senators are casting doubt on whether GOP leaders have enough support to move ahead on the Senate health care bill. The Senate has to hold a procedural vote to move forward, most likely on Wednesday. Sen. Susan Collins of Maine tweeted after the Congressional Budget Office analysis on Monday that the Senate 92

June 14, 2017 9:02 PM Fed raises rates, unveils balance sheet cuts in sign of confidence

WASHINGTON The Federal Reserve raised interest rates on Wednesday for the second time in three months and said it would begin cutting its holdings of bonds and other securities this year, signaling its confidence in a growing U.S. economy and strengthening job market. In lifting its benchmark lending rate by a quarter percentage point to a target range 67

June 14, 2017 6:12 PM Fed hikes interest rates despite declining inflation, sets plan for balance sheet reduction

The Federal Reserve approved its second rate hike of 2017 even amid expectations that inflation is running well below the central bank's target. In addition, the Fed provided more detail on how it will unwind its $4.5 trillion balance sheet, or portfolio of bonds that includes Treasurys, mortgage-backed securities and government agency debt. As financial 64

June 2, 2017 4:50 PM U.S. Jobs Weakness May Be Temporary, But Loss of Momentum Isn't

There are plenty of explanations for the weaker-than-expected May jobs report, but the big picture is clear: The U.S. labor market has lost some of its mojo. Monthly payroll gains are averaging 162,000 this year, a step down from the 2016 pace of 187,000, following a below-forecast rise last month and downward revisions to March and April in Labor Department 75

June 2, 2017 12:32 PM May nonfarm payrolls total 138,000 vs 185,000 expected

Professional and business services led the way with 38,000 new positions, while health care added 24,000. Mining grew by 7,000 and bars and restaurants added 38,000. Job creation skewed toward lower-wage professions. Full-time jobs tumbled 367,000 for the month, while part-time positions rose by 133,000. The unemployment rate decline was due primarily 75

May 31, 2017 5:11 AM Coolest gadgets to kick off summer

It's time to power-down your phone, put on some SPF 30 and head outside for BBQs, hikes and the beach days. But you don't have to give up all technology to relax. Here are some gadgets to get the most out of summer's lazy days. After you've soaked up the quiet sounds of birds chirping, waves crashing, or a warm breeze rustling leaves, crank up some tunes 32

May 26, 2017 3:53 PM House Republicans will not concede they broke a fundamental health-care promise

The Congressional Budget Office’s analysis of the Republican health-care bill had just been made public Wednesday, and Rep. Mark Meadows was standing off the House floor, 15 minutes into a sparring session with reporters over its significance when he suddenly paused. “Listen,” Meadows (R-N.C.) said, his voice cracking. “I lost my sister to breast cancer 59

May 10, 2017 9:59 AM ObamaCare uncertainty driving premium hikes

Uncertainty among insurers about how the Trump administration will handle the Affordable Care Act could translate into double-digit premium increases for 2018. Insurers are beginning to file rate requests with state insurance regulators, and some states could see premium increases of 50 percent or more. Insurers are worried about how President Trump’s 73