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Employers React To New Overtime Expansion

President Obama is directing his Labor Secretary to tighten U.S. overtime laws. Under the changes, millions of workers will become eligible. Business groups are now reacting to the news.
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Obama: If You 'Work More, You Should Get Paid More'

Announcing he intends to change the rules governing overtime, President Obama said Americans have "spent too much time working more and making less."
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Gentrification: Progress Or Destruction?

Many cities are undergoing economic change as new residents and businesses move in. We hear from a housing expert and residents on both sides of America's gentrification debate.
NPR

Weekly Jobless Claims Touch 3-Month Low

There were 315,000 new applications for unemployment insurance filed last week, down 9,000 from the week before. It's the latest sign that the labor market is gaining some strength.
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Overtime Pay Proposal Triggers A New Debate About Wages

Economists are divided about the White House plan to boost overtime pay for workers. Some say the change would spur consumer demand, while others see a coming downward spiral for job creation.
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Number Of Calif. Homes In Foreclosure Process Soars

Foreclosures are at a seven-year low nationwide. In California, however, the number of notices of default, which is the first step in the foreclosure process, jumped.
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Obama To Push Expanded Overtime Pay

President Obama is asking the Labor Department to update the rules governing overtime. The goal is to require millions of additional workers to be paid overtime — an idea business opposes.
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Senate Committee To Consider Fischer For Fed's No. 2 Spot

Stanley Fischer, President Obama's choice to be the Federal Reserve's vice chairman, is on Capitol Hill Thursday for a confirmation hearing .
NPR

Health Care Law Helps Entrepreneurs Quit Their Day Jobs

Employer-provided health care can deter people from leaving their jobs to start their own businesses. Analysts say Obamacare could alleviate so-called entrepreneur lock.
NPR

FTC Investigates Herbalife, Following Claims It's A Pyramid Scheme

Herbalife shares dropped on news the Federal Trade Commission is investigating the company. After shorting Herbalife's stock, hedge fund manager Bill Ackman's been lobbying politicians to investigate.

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