The Federal Reserve’s preferred measure of inflation, the personal consumption expenditures index, was up just a sliver in June and up 2.5% over 12 months. We discuss with Christopher Low, chief economist at FHN Financial.
California’s Supreme Court has dealt a definitive blow to efforts by gig workers to be classified as employees with certain benefits, ruling that an initiative pushed by Uber, Lyft and other firms — and approved by voters — is law in that state.
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