WASHINGTON (AP) — President Joe Biden has honored Pope Francis with the Presidential Medal of Freedom with distinction. It’s the highest civilian award given by the president. The citation says the pontiff is “a light of faith, hope, and love that shines brightly across the world.” Biden had been scheduled to present the medal to…… MORE
Surging Job Market Could Prove Costly For Households, Businesses As Odds Of Quick Rate Cuts Fade
WASHINGTON (AP) — U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates. The Labor Department reported Friday that job growth was up last month from 212,000 in November. The unemployment rate dropped to 4.1% from 4.2% in November. (Copyright…… MORE
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Walgreens Tops Wall Street’s Expectations As Drugstore Chain Continues Turnaround Plan
Walgreens booked a better-than-expected fiscal first quarter and gave Wall Street some positive vibes on the drugstore chain’s plan to revive its struggling business. Company shares soared Friday after leaders told analysts they have made progress improving one of the biggest concerns facing the industry, shrinking prescription reimbursement, and said their U.S. store-closing plan was…… MORE
Supreme Court To Weigh Reinstating Obamacare Care Requirements Struck Down By Lower Court
WASHINGTON (AP) — The Supreme Court agreed Friday to consider some reinstating preventative care coverage requirements under the Affordable Care Act that were struck down by a lower court. The case came before the high court after the 5th U.S. Circuit Court of Appeals sided with employers who argued they can’t be forced to provide…… MORE