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The Dow hit 27,000 points for the first time ever on Thursday, as stocks climb higher on hopes of an interest rate cut later this month.Federal Reserve Chairman Jerome Powell shored up rate cut hopes with his testimony before the Senate Banking Committee Thursday and House Financial Services Committee Wednesday.The Dow rose to a fresh all-time intraday high before pulling back slightly. It is up 0.4% or 111 points.The S&P 500 is up a modest 0.1%. 466

The NFL announced on Tuesday that the number of teams that will qualify for the playoffs will expand from 12 to 14, which will also increase the number of Wild Card Round games from four to six. NFL owners and the Players Association came to the agreement on Tuesday, which will go into effect this season. The format will mean that only the top team in each conference will earn a bye into the Divisional Round. The six division winners will then play the six wild card teams. The new format marks the first time the NFL has expanded the playoffs since 1990, when the league increased the number of teams that qualified from 10 to 12. Per the new format, three playoff games will be played on Saturday, Jan. 9, and another three games will be played on Sunday, Jan. 10. NBC and CBS have been the selected networks to air the added two showdowns. Had this year's format been in place in 2019, the Pittsburgh Steelers and Los Angeles Rams would have earned playoff bids. 982

The American workforce isn't what it used to be."I saw an app that said 'dog sitting,' and I thought I could do that in my spare time," says gig worker Lawrence Snell. "It turned out that now I have up to six or eight dogs a day."For 40 hours a week, Snell takes care of other people's dogs through the app Rover.It's a temp job like Lyft, Uber, DoorDash, Postmates and others. It's the kind of work driving--what experts are now calling --"the gig economy". However, the concept isn't completely new. Americans have always worked odd jobs, but the number of people participating in them has gone up, due in part to advanced technology and wages not increasing. For most people, jobs like app-based deliveries or ride-sharing have been a little extra income on the side. But for a growing number of others, it's work that pays the bills without the commitment that comes with a traditional 9-to-5. "Going to work, clocking in, and working for the man… if I can do a gig where I can spend more time with my family and more time renovating my house and doing the things that I love, then yeah, that's more beneficial to me," Snell said says. Certain gig workers don't just stick to one job. Behailu Fitzjames spends his days working as many gigs as he can, turning everyday into a different adventure. Grubhub, Postmates, Uber Eats and Lyft are the main ones he’s a part of."Even some time I have left, I'll go on Craigslist gigs and look up who needs help, what's something new I could do," Fitzjames says. For Behailu it's been a steady source of income giving him freedom and flexibility to control his own schedule. "If you're driving around you can make 0 an hour with Lyft and Uber," Fitzjames says. "It's also varying, so that's kind of cool versus being at a fixed income."But it comes without the work protections many of us are used to having. The Trump Administration's labor department recently said it considers gig workers to be independent contractors. Not only are these workers allowed to control their hours, but they can also work for competing companies. However, the term "independent contractor" leaves them ineligible for things like overtime pay, workers compensation, and benefits. Most gig workers agree they'd like to see that change. "I think it should be offered, and I think it should be offered at a fair rate," Snell says. "I don't see why you should be punished for doing gig work."But some, like Behailu, are concerned that money for benefits would come out of their paycheck. "Being a contractor means you get to set everything up for yourself," Fitzjames says. "Having them offer insurance and all the benefits, I suppose, you wouldn't be making as much money, because more money would be trying to fund that."We partnered with Newsy and the polling firm Ipsos to further understand what people really think. We found most Americans believe gig workers should be afforded the same labor protections as full-time employees. Support for that among gig workers themselves is even higher. That could be because more people are working gigs full-time. The most recent data from the Fed shows that 18 percent of American gig workers rely on their gigs for their primary source of income. "Whether it's unemployment insurance, whether it's minimum wage protections, whether it's the ability to earn overtime - there's been a series of benefits and protections that built up over the course of the 21st century that you only can access if you're an employee," Al Fitzpayne, with Future of Work Initiative, explains. "And so, that is why the employee distinction is so significant relative to that of an independent contractor is a very important consideration." Gig workers are fully responsible for their own healthcare, retirement, and sick time, which can be a struggle, considering the money they're making may not be as much as some people think. For example, Uber once claimed its drivers in major U.S. cities were making between ,000 to ,000 a year. But recent data shows average hourly wages for ride-share drivers are much lower, and companies are taking a bigger cut. "All these companies are making lots of money, and it's time to spread that money around. I think they've got the money to do it, and I think they will do it eventually," Snell says. ********************************************************If you'd like to reach out to the journalist for this story, email elizabeth.ruiz@scripps.com 4458

The husband of a US Army soldier killed in combat was detained and deported to Mexico last week by US Immigration and Customs Enforcement even though he had been granted permission to stay in the US, according to his attorney.The man, who is now back in Phoenix, where he lives, had been granted "parole in place," clearing him to remain in the US after his wife was killed in 2010 in Afghanistan, the attorney says.Jose Gonzalez Carranza was arrested by ICE agents at his home in Phoenix on April 8 and was taken to Nogales, Mexico, on the border two days later, his lawyer, Ezequiel Hernandez, told CNN on Monday. Carranza was brought back to Phoenix and released Monday, hours after his deportation was 718

The House on Thursday passed a health care package that included several bipartisan bills to lower drug costs, but without the support of most Republicans because it also included legislation to strengthen Obamacare.The vote was 234-183. Five Republicans voted to approve the package.Republican representatives, most of whom would have likely supported the drug pricing bills if they were brought up alone, cried foul, saying Democratic leaders had attached the Obamacare legislation as a poison pill that forced a tough vote for the GOP."Instead of delivering a victory for the American people today -- making prescription drugs more affordable -- Democrats are back at it, playing gotcha politics," said Energy and Commerce Committee Republican leader Greg Walden of Oregon.Democrats, meanwhile, argued they were simply delivering on their campaign promises to lower drug costs while bolstering Obamacare and protecting those with preexisting conditions.The Senate is not expected to take up the legislation.While the two parties have been working together on measures to address drug costs, House Democrats are also seeking to reverse many of Trump administration's moves to undermine the Affordable Care Act.The goal of the drug price bills is to make it easier for generic medication to come to market by ending some of the roadblocks that brand name manufacturers erect. For instance, it would ban brand name drug makers from paying generic rivals to delay bringing their lower-cost products to market and would make it easier for generic drug makers to get the samples they need to make their versions.But the legislation would also reverse President Donald Trump's extension of short-term insurance plans, which don't have to adhere to all of Obamacare's rules, so they can reject people with preexisting conditions or charge them higher premiums. The administration last year made these policies more attractive by extending their terms to just under a year, instead of three months. Also included is a measure to restore funding for outreach and assistance during Obamacare's open enrollment period that the President has slashed since taking office.The drug reform bills passed the committee with unanimous bipartisan votes, but the Obamacare provisions were approved on strict party-line votes, according to a senior Republican House aide.The White House also took issue with the combined bills, noting in a statement of administration policy that it contains "positive steps called for by the President to lower drug prices" but also measures that would limit Americans' health insurance choices and coverage. White House advisors would recommend the President veto the bill if it remains in its current form.Thursday's vote comes a week after 2768

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