Latest from Marielle Segarra

• Apr 19, 2017

  More than 60,000 retail workers lost their jobs since January

  Seems like every time you turn around, another department store chain is closing locations and laying off people – Macy’s, Sears, J.C. Penney — and these are just the biggies. Since January, nearly 61,000 jobs have been eliminated in the retail sector. What kinds of jobs are being lost? And where are these workers going?  Click […]

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• Apr 18, 2017

  Trump wants to rethink worker visas

  At a factory in Wisconsin today, President Trump signed an executive order directing agencies to focus on buying American goods and order a review of the H-1B visa program. That’s the visa companies use to hire skilled foreign workers. During his campaign, Trump talked about eliminating the program entirely and promised he would protect American […]

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• Apr 12, 2017

  Give Budget Director Mick Mulvaney a beer and he’ll tell you a lot

  

  The Trump administration's Office of Management and Budget head talks about the federal debt, infrastructure costs and lifting the hiring freeze.

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• Apr 10, 2017

  Are foreign automakers feeling pressured by Trump?

  Toyota is investing $1.3 billion to upgrade 30-year-old equipment at its manufacturing plant in Georgetown, Kentucky. The factory is going to start producing a new Camry in June. The automaker says this investment has been in the works for years and was not driven by the border tax floated by President Trump. But that doesn’t […]

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• Apr 6, 2017

  The return of Glass-Steagall

  Republicans, including President Trump, have been talking about bringing back Glass-Steagall, the 1930s law requiring banks to separate their commercial and investment banking businesses. Gary Cohn, the president’s economic adviser, reportedly told senators he supports that proposal in a private meeting yesterday, according to Bloomberg. If Glass-Steagall were to be reintroduced, what would that mean […]

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• Apr 4, 2017

  DOJ will review consent decrees at police departments across the nation

  U.S. Attorney General Jeff Sessions has ordered the Department of Justice to take a close look at consent decrees in place at police departments across the country. They’re agreements a local police department signs on to after the department’s civil rights division investigates its policing practices, often in the wake of a high-profile shooting or […]

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• Apr 3, 2017

  President Trump prepares for ‘difficult’ talks with China’s Xi Jinping

  China’s President Xi Jinping will have talks with President Trump on Thursday at the Mar-a-Lago resort in Florida. Last week, Trump tweeted that the meeting would be “very difficult.” The U.S. has a $347 billion trade deficit with China. In the election campaign, Trump also threatened to label China a “currency manipulator,” a designation that could […]

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• Apr 3, 2017

  New York’s taxi economy implodes

  

  With rivals like Uber on scene, yellow cab medallion prices have fallen hard.

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• Mar 30, 2017

  Acosta expected to be confirmed today as labor secretary

  The Senate Committee on Health, Education, Labor and Pensions will vote today to confirm the nomination of Alexander Acosta as labor secretary. Acosta, the chairman of Florida-based U.S. Century Bank and a former member of the National Labor Relations Board, is expected to get through the confirmation process. We’ll take a look at some of […]

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• Mar 29, 2017

  Nuclear energy firm Westinghouse files for bankruptcy

  Westinghouse Electric Company, the nuclear energy firm based in Pittsburgh, filed for Chapter 11 bankruptcy Wednesday. Westinghouse is owned by the Japanese company Toshiba and has been running several years late and billions of dollars over budget in its construction on several nuclear reactors in the southern United States.  Click the above audio player to […]

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