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United Press International

23 Results / Page 2 of 3

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unemployment
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Business News

Weekly unemployment claims rise slightly

WASHINGTON (UPI) -- Weekly unemployment claims for the week ending Sept. 30 rose to a seasonally adjusted 207,000, the Labor Department reported on Thursday. The total for initial unemployment benefits represented a jump of 2,000 from the previous week, the second straight weekly increase. It, however, remained one of the lowest totals for those making unemployment insurance claims on a weekly basis this year. The weekly total had dropped to 202,000 for the week ending Sept. 16 and an updated 205,000 the following […]

todayOctober 5, 2023

Murdoch
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Business News

Murdoch to step down as chair of Fox, News Corp.

NEW YORK (UPI) -- Rupert Murdoch will step down as board chair of Fox and News Corp. and be succeeded by his eldest son, Lachlan Murdoch, the companies announced Thursday. Rupert Murdoch, 92, will step down from the roles effective mid-November at which point Lachlan Murdoch will become the sole chair of both companies. "On behalf of the Fox and News Corp boards of directors, leadership teams, and all the shareholders who have benefited from his hard work, I congratulate my father on his […]

todaySeptember 21, 2023

ABC The View
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Entertainment

ABC announces 'View' lineup for 2023-24

NEW YORK (UPI) -- ABC News has announced the lineup of panelists for its daytime chat show, The View, for the 2023-24 television season. The show returns with fresh episodes after its summer hiatus on Sept. 5. Left to right, Sara Haines, Whoopi Goldberg, Joy Behar, Ana Navarro, Sunny Hostin and Alyssa Farah Griffin are returning for another season of "The View" on Sept. 5. Returning for Season 27 will be moderator Whoopi Goldberg and co-hosts Joy Behar, Sunny Hostin, Sara Haines, Alyssa Farah […]

todayAugust 17, 2023

Maui wildfires
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National

Maui wildfires death toll climbs to 111

MAUI, Hawaii (UPI) -- The death toll from the Maui wildfires climbed to 111 Wednesday night, as crews continue to fight last week's wind-fueled fires and investigators work to determine a cause. While hundreds remain missing, Hawaiian Electric is facing scrutiny and a lawsuit for failing to shut-down active power lines during the high winds. While no official cause for the fires has been determined, the power monitoring company Whisker Labs believes the first fire on Maui may have been caused by […]

todayAugust 17, 2023

Federal Reserve Jerome Powell
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Business News

Federal Reserve starts new instant payment system

WASHINGTON (UPI) -- The Federal Reserve said Thursday that its new system for instant payments to financial institutions has gone live. The Fed said that banks and credit unions can start signing up for the system, called the FedNow Service, which will allow for instant money transfers for customers at any time of the day. "The Federal Reserve built the FedNow Service to help make everyday payments over the coming years faster and more convenient," Federal Reserve Chair Jerome Powell said in a statement. "Over time, […]

todayJuly 20, 2023 1

U.S. Air Force
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National

U.S. Air Force suspends personnel moves, bonuses

WASHINGTON (UPI) -- A funding shortfall, due to higher-than-expected costs, is forcing the U.S. Air Force to suspend thousands of airmen's moves and bonuses through September. The delay in permanent change of station moves and bonuses was announced Monday "to avoid exhausting funds," according to Air Force spokeswoman Ann Stefanek, who said airmen who do not have orders by Aug. 1, could be affected. What's to blame for the suspension of moves and bonuses While the Air Force has experienced shortfalls […]

todayJuly 11, 2023

Coinbase
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Business & Lifestyle

Coinbase to lay off more than 900 employees

Coinbase, the first crypto exchange to be publicly traded, blamed "market conditions" for its move and said it will incur $149 million to $163 million in restructuring efforts, including severance packages and termination benefits. SAN FRANCISCO (UPI) -- Coinbase, one of the world's top cryptocurrency trading platforms, announced Tuesday it will be laying off more than 900 workers in the face of slowing global interest in digital currencies. The company, the first crypto exchange to be publicly traded, blamed "market conditions" for its […]

todayJanuary 12, 2023

Indiana Mike Braun
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National

Mike Braun files to run for Indiana governor

Sen. Mike Braun, a Republican from Indiana, filed to run for governor on Tuesday. INDIANAPOLIS (UPI) -- Indiana Republican Sen. Mike Braun has decided to run for governor, according to paperwork filed with the secretary of state's office. Braun, who was elected to the Senate in 2018, has criticized the chamber's slow speed and has for months expressed interest in the governorship. Reps. Victoria Spartz and Jim Banks also have voiced an interest in the seat. Another competitor is Eric […]

todayDecember 1, 2022

Dow Jones U.S. markets
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Business & Lifestyle

Dow stabilizes after worst sell-off since 2020

The Dow Jones Industrial Average closed up 30.12 Wednesday following the worst sell-off in two years. NEW YORK (UPI) -- U.S. stocks stabilized Wednesday right before the close in an up-and-down trading session following the biggest single-day sell-off in more than two years. After dropping more than 200 points during the final hour of trading, the Dow Jones Industrial Average finished the day up 30.12 to close at 31,135.09. The NASDAQ rose 0.7%, while the S&P 500 added 0.3%. Energy […]

todaySeptember 14, 2022

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