The U.S. economy generated a lot more jobs than expected in June -- many of them well paid.
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.
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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 (NYSE: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.