The U.S. economy generated a lot more jobs than expected in June -- many of them well paid.
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The latest non-farm payroll number came in at 288,000 jobs, which was much better than expected. The unemployment rate also dropped from 6.3% to 6.1%. The strong jobs report suggests the economy continues to gain momentum, and it could force the Federal Reserve to raise interest rates sooner than expected.
Another airline fee is going up. Beginning July 21, a security fee that helps fund the Transportation Security Administration will more than double on many new tickets sold. That means the fee on a basic domestic nonstop round-trip ticket will go to $11.20 from $5.
And Target (TGT) is the latest business to take a position in the debate over firearms and open-carry laws.
A statement on the retailer's website from interim CEO John Mulligan says the company “respectfully requests that guests not bring firearms to target -- even in communities where it is permitted by law.” Target says bringing firearms into the store creates an environment that is at odds with the family-friendly shopping experience.