Detroit Emergency Manager Kevyn Orr proposed a new healthcare plan for city workers that is projected to save the city $12 million a year by raising deductibles and trimming the number of plans available.
It's not clear how the latest employment report will influence the course of Federal Reserve's monetary policy. But it's been a big day for forecasts nonetheless.
U.S. employers added 162,000 jobs in July, the fewest since March. The gains were enough to lower the unemployment rate to a 4? -year low of 7.4 percent, a good sign in an otherwise lackluster report.