En Sound Media

Employers Added 75,000 Jobs in May; Unemployment Rate Steady at 3.6%

Average hourly earnings rose by 0.2 percent, the same rate as in April. Over the last 12 months, earnings have risen by a solid 3.1 percent. The Takeaway The latest report was a disappointing showing that will stoke fears the economy is softening as the Trump administration’s trade war with China and potentially Mexico escalates. […]

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The Week in Tech: What Not to Expect From Big Tech’s Antitrust Showdown

Sounds positive. Only, YouTube also showed this past week that it struggles to live by its rules. It came to light that Steven Crowder, a popular conservative commentator on YouTube, had repeatedly insulted Carlos Maza, a journalist from Vox, using racial and sexual slurs. Initially YouTube said Mr. Crowder’s comments did not break its rules.

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Preston model: Bringing democracy to local economy

The city of Preston has introduced new ways of making itself more prosperous. Council leader Matthew Brown, says the “Preston model” aims to bring more democracy and make the local economy more resilient. Using a range of policies, including encouraging local procurement by the city’s big players and the development of worker owned cooperatives, Preston

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Savings Accounts for Disabled Americans Catch On, but Slowly

“It’s a great tool,” Ms. Gehringer said of the account. While ABLE programs offer investments like mutual funds and exchange-traded funds, most also offer traditional interest-bearing savings accounts and checking accounts with debit cards that are insured by the Federal Deposit Insurance Corporation. That gives people who are uncomfortable with putting their money at risk

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