(AP) – For months, New York City Mayor Eric Adams refused to criticize the federal authorities investigating his administration. Not anymore. The day his indictment on corruption charges became public, Adams defiantly suggested without providing evidence that prosecutors had gone after him because he had criticized President Joe Biden’s immigration policies. The rhetoric was similar…… MORE
WASHINGTON (AP) — Top Biden administration officials met with port operators ahead of a possible strike at East and Gulf coast ports, with a union contract set to expire late Monday. Transportation Secretary Pete Buttigieg, Acting Labor Secretary Julie Su and Lael Brainard, director of White House National Economic Council, told ports officials that they…… MORE
NEW YORK (AP) — WeightWatchers is shaking up its leadership. WW International on Friday announced that CEO Sima Sistani would leave her role effective immediately. Tara Comonte, a WeightWatchers board member and former Shake Shack executive, was made interim chief executive. The New York-based company didn’t reveal the reasons behind the abrupt move. It noted…… MORE
NEW YORK (AP) — The union representing Boeing factory workers who are currently on strike in the Pacific Northwest says contract talks “broke off” with the company after another bargaining session. A regional district of the International Association of Machinists and Aerospace Workers said late Friday that Boeing “would not engage substantively” on a demand…… MORE
WASHINGTON (AP) — The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts. Prices rose just 0.1% from July to August, down from the previous month’s 0.2% increase. Compared with a year earlier, inflation fell to 2.2%, down…… MORE