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Articles related to "express"


Federal Reserve chair says decline in workers' share of profits 'very troubling'

  • The fall in the percentage of economic growth flowing to workers is "very troubling," a worrisome sign in an otherwise bright American economy, Federal Reserve chief Jerome Powell told a Senate panel Tuesday.
  • Testifying in front of the Senate Banking Committee, Powell expressed concern that the share of profits going to American labor had fallen "precipitously" for more than a decade and was not reversing course.
  • Job growth, at more than 215,000 new net jobs every month, remains healthy, with the overall unemployment rate continuing to tick down, and the U.S. economy is growing at a healthy clip, powered in part by strong consumer spending and business investment, Powell said.
  • Powell said the falling decline of labor share of national profits stemmed in part from "global factors" that fall outside the Federal Reserve's purview.

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Republicans unleashed their outrage at Trump's 'disgraceful' performance at Helsinki summit — here's what they had to say

  • While that's not rare, this time the political salvos came from both sides of the aisle after Trump stopped far short of condemning Russia's meddling in the 2016 US presidential election and appeared to take Putin's denial at face value.
  • Sen. Susan Collins of Maine blistered at Trump's remarks: "It's certainly not helpful for the President to express doubt about the conclusions of his own team," Collins said to reporters, according to CNN.
  • Sen. Tim Scott of South Carolina conveyed his disappointment on Twitter: "The President's summit in Helsinki today should have been an attempt at confronting Russian aggression, hacking, and election interference," Scott said.
  • Rep. Ron DeSantis of Florida agreed with the US intelligence assessment and said "the Intel report and the indictment are credible in terms of assigning blame, culpability to Russia," but stopped short of criticizing Trump.

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Republicans unleashed their outrage at Trump's 'disgraceful' performance at Helsinki summit — here's what they had to say

  • While that's not rare, this time the political salvos came from both sides of the aisle after Trump stopped far short of condemning Russia's meddling in the 2016 US presidential election and appeared to take Putin's denial at face value.
  • Sen. Susan Collins of Maine blistered at Trump's remarks: "It's certainly not helpful for the President to express doubt about the conclusions of his own team," Collins said to reporters, according to CNN.
  • Sen. Tim Scott of South Carolina conveyed his disappointment on Twitter: "The President's summit in Helsinki today should have been an attempt at confronting Russian aggression, hacking, and election interference," Scott said.
  • Rep. Ron DeSantis of Florida agreed with the US intelligence assessment and said "the Intel report and the indictment are credible in terms of assigning blame, culpability to Russia," but stopped short of criticizing Trump.

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Papa John's controversial founder is being kicked out of the chain's office after saying the N-word during a conference call

  • Schnatter, Papa John's founder and former CEO, stepped down as chairman of the company on July 11 after he admitted to using the N-word in a company conference call in May, which was first reported by Forbes.
  • Since then, Papa John's has removed Schnatter's face from the company's logo and marketing materials.
  • The committee agreed to terminate Schnatter's sublease in the Papa John's office, which he used while serving as the company's chairman.
  • While he was the company's CEO, his statements about the NFL dragged Papa John's into the middle of a polarizing debate, garnering backlash on the left and support on the right.
  • Papa John's announced in late December that Schnatter was stepping down as CEO and would be replaced by Steve Ritchie.
  • The backlash was swift, with many promising to boycott Papa John's in response to Schnatter's comments.

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