U.S. Dept. of Labor

Notable Quotable: Lisa Murkowski’s ObamaCare History

‘I will support the bill that repeals the ACA and wipes out its harmful impacts.’<p>From a Dec. 3, 2015, press release from the office of Sen. Lisa Murkowski (R., Alaska):<p>As the Senate begins to take a series of votes to repeal key provisions of the Affordable Care Act (ACA), U.S. Senator Lisa …

Andrew Puzder

Google Deliberately Confuses Its Employees, Says Fed

The Department of Labor’s increasingly heated dispute with Google over a gender pay gap began, innocently enough, with a routine audit.<p>As a federal …

U.S. Government

Trump administration moves closer to undoing overtime pay rule

The Trump administration on Tuesday pushed forward with its bid to undo an Obama administration rule to extend mandatory overtime pay to 4.2 million …

Philippines

College tuition hikes are finally slowing, thanks to simple economics

After years of ear-popping climbs, the rate of US college tuition increases is finally slowing.<p>Undergraduate and graduate tuition, which soared an average of 6% a year between 1990 and 2016, rose just 1.9% this year after scholarships and discounts are factored in, according to the Wall Street …

U.S. Government

How AI Can Stop Unconscious Bias In Recruiting

A major feature of AI for recruiting is its ability to stop unconscious bias. 

A recent lawsuit reminds us why we need to avoid bias during hiring: …

Talent Management

Extra burden expected in 2018 for Maine employers who test for marijuana

Under the new recreational marijuana law, which is scheduled to go into effect in February, the majority of Maine businesses would not be able to …

Cannabis

GOP bill is voted down as divided Senate dives into health-care debate

The Senate embarked on a freewheeling process to rewrite the Affordable Care Act on Tuesday, as Republicans overcame deep divisions to bring their proposals up for debate by the narrowest possible margin.<p>But those same schisms threatened to leave the party far short in the coming days of its …

Andrew Puzder

Alphabet, even with record EU fine, remains a money machine

Alphabet, the parent of Google and one of the most powerful companies in the world, is fighting a big antitrust battle in Europe and other fronts. Even so, it's still a cash cow.<p>Last month, the European Commission for the first time called Google's search engine a monopoly and fined the company …

Google

4 Ways the Fiduciary Rule Could Hurt (Not Help) Investors

The financial advice that retirement savers get going forward could suffer from some unintended consequences of the Department of Labor’s efforts to …

Finance

Commission-Based Clients Are Going to Leave If Their Advisors Switch to a Lower-Cost, Fee-Only Model

By Rick Kahler via Iris.xyz I recently learned about an unexpected response to the new Department of Labor rule which mandates that all financial advisors and brokers act as fiduciaries (that is, in the best interest of the consumer) when dealing with customers’ retirement plans. This means brokers …

Finance

Trump lifted the cap on H-2B worker visas. Then his businesses asked for 76 of them.

This week, the Trump administration defied its "America First" rhetoric with a policy change that would make it easier for companies to hire guest …

Immigration

Trump’s Mar-A-Lago Club Has Requested Permission To Hire 70 Foreign Workers During ‘Made In America’ Week

Who is going to cook the food, make the beds, and bring the drinks to the table at Donald Trump’s Mar-a-Lago club? Temporary foreign workers, hopefully, as the palatial Florida resort owned by the Trump Organization put in a request with the Department of Labor for 70 temporary foreign workers just …

Donald Trump

Labor Department Moves to Allow Restaurants to Share Tips Between Cooks and Servers

It's a first step toward rescinding Obama-era tipping regulations<p>Restaurant owners may soon have more ways to distribute tips among staff — and waitstaff may lose a portion of their tips to non-tipped employees like cooks — if a new proposal from the Trump administration’s Department of Labor comes …

U.S. Government

Loosened Tip Pooling Restrictions Could Benefit Back of the House Employees

The Department of Labor says it may rescind an Obama-era law that prevented the practice.<p>When you leave a 20 percent tip behind for a server's …

U.S. Government

Don't Try To Make Your City The Next Silicon Valley

A visitor takes a photo of a prototype of the Sea Bubbles Flying River Taxi during the Viva Technology event dedicated to start-up development, innovation and digital technology, on June 16, 2017, in Paris. GEOFFROY VAN DER HASSELT/AFP/Getty Images<p>Does your city suffer from Silicon Valley envy? If …

Silicon Valley

Dozens of foreign workers sought for Trump's Florida clubs

The Trump Organization is asking the federal government to grant dozens of special visas to foreign nationals to work at two of the President Donald Trump's private clubs in Florida, including his Mar-a-Lago resort.<p>The company is seeking 35 waiters and waitresses at Mar-a-Lago along with 20 cooks …

Donald Trump

Trump hits reset button on messaging

President Trump hit the reset button on his beleaguered press team on Friday, hiring Wall Street financier Anthony Scaramucci as his new …

Andrew Puzder

Trump’s Labor Secretary Targets Occupational Licensing For Reform

'Excess licensing hinders the American workforce'

U.S. Secretary of Labor

President Trump and His Way-Back Machine

If President Trump were a factory, it would be a wheezing, noisy operation churning out tired old ideas. His meaningless pledges to revive the “rusted-out factories scattered like tombstones” that he mourned at his inauguration ignore the promise American manufacturing holds in the real world.<p>The …

Made in America

REICH: 12 ways Trump has failed to deliver for his own voters

So after six months, has President Trump delivered what he promised you?• He told you he’d repeal Obamacare and replace it with something “beautiful.” …

U.S. Secretary of Labor

There's a Republican civil war brewing over cheap foreign labor

The President's Mar-a-Lago resort seen from the window of Air Force One.Alex Brandon/AP<p>By the time President Donald Trump kicked off “Made in …

Liberal POV

BBC News

Getty Images<p>More positive comment on Vodafone results, this time from George Salmon, equity analyst at Hargreaves Lansdown.<p>"Crucially, it looks like Vodafone is gaining traction in the long-running quest to increase customer retention. All too often, telecom companies find there is little to …

Louis Vuitton

How Many Bills Does It Take To Kill The DOL Fiduciary Rule?

The Financial CHOICE Act does that. The "Affordable Retirement Advice for Savers Act” does that. About six others do also.<p>So, the correct answer is …

Retirement

During ‘Made in America Week,’ President Trump’s Mar-a-Lago Club applies to hire 70 foreign workers

President Trump's Mar-a-Lago Club in Florida has asked permission to hire 70 foreign workers this fall, attesting — in the middle of the White House's “Made in America Week” — that it cannot find qualified Americans to serve as cooks, waiters and housekeepers.<p>Those requests were made to the …

U.S. Politics

Big Economic Ideas from Art Laffer and Steve Forbes

Two giants weigh in on a return to prosperity.<p>I participated in perhaps a bit of radio history last week when Steve Forbes and Art Laffer joined me …

Andrew Puzder

Trump orders review to strengthen U.S. defense industry

WASHINGTON (Reuters) - President Donald Trump signed an executive order on Friday initiating a government-wide review of the U.S. defense industry and suggest changes to strengthen it.<p>The review is intended to identify and address potential weak points in the defense manufacturing base including …

World News

Mar-a-Lago requests permission for more foreign workers during "Made in America" week

The Trump family's Mar-a-Lago Club in Palm Beach, Florida, has submitted requests with the Department of Labor to hire 70 foreign workers.<p>The club …

Donald Trump

Alabama unemployment low, part-time jobs up, but why?

Over the last 10 years more people have taken part-time work than ever before, but why?

Economy

New Push To Delay DOL Fiduciary Rule Until 2020

What’s another year or two in the Department of Labor fiduciary rule saga? The Obama-era retirement investor protection rule has been on the drafting table since 2010. Today, in response to a DOL request for information, the Investment Company Institute, a trade group representing financial …

Retirement

More Foreign Workers Requested By Trump's Mar-A-Lago

It’s Made in America Week at the White House, but Mar-A-Lago and a nearby Trump National Golf Club have told the Department of Labor that there aren’t enough Americans to hire. These two Trump properties have now requested more than 230 foreign workers since he launched his presidential …

Donald Trump