– The Wall Street Journal
Acosta’s positions on most labor issues are unknown, and it hasn’t passed Republican notice that unions are pleased. AFL-CIO chief Richard Trumka hailed Mr. Acosta as “a public servant with experience enforcing labor [law].” Terry O’Sullivan, president of the Laborers’ International Union of North America, praised the nominee’s “fairness and respect for justice.” Why are unions so happy about Trump’s Labor nominee?
– The Economist
The past decade has been marked by a series of false economic dawns. The Economist makes the case that this time really does feel different. This week the Fed raised rates for the second time in three months-thanks partly to the vigor of the American economy, but also because of growth everywhere else.
– The New York Post
Americans have left more than $44 billion on the table, in the form of unused gift cards, according to a new study. For retailers, however, gift-card sales don’t count as revenue until cards are used, meaning that retailers are holding $44 billion in liabilities against these unused cards.
A three-year campaign in Howard County, Md., aimed at curbing the community’s sweet tooth led to a significant decline in sales of sugary drinks. The community-led campaign, funded by a nonprofit dedicated to health and wellness, included TV and outdoor advertising, and a social media campaign. The campaign also worked with healthcare professionals to improve messaging that pediatricians could use to educate their patients on the risks associated with excessive sugar intake, including obesity and Type 2 diabetes.