U.S. stocks rally on ‘Goldilocks’ jobs report as Wall Street’s fear gauge slides
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Shares of Apple climbed 6% Friday after the iPhone maker announced a record-setting buyback program on the heels of second-quarter earnings topped Wall Street’s estimates. Apple announced Thursday that its board authorized $110 billion in share repurchases, a 22% increase over last year’s $90 billion authorization, Bloomberg earlier reported. The move marks the largest buyback
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U.S Official: China’s Government is Hiding Labor and Human Rights Violations
The Chinese government is undermining workplace audits in China to hide human and labor rights violations, according to a U.S. Labor Department official. Thea Lee, the Labor Department’s deputy undersecretary for international affairs, testified to Congress on Tuesday that workplace audits in China are extremely unreliable. Audits are often announced ahead of time, which gives