Browsed by
Month: July 2025

US job openings fell to 7.4 million last month as job market continues to cool

US job openings fell to 7.4 million last month as job market continues to cool

By PAUL WISEMAN, AP Economics Writer

WASHINGTON (AP) — Employers posted 7.4 million job vacancies last month, a sign that the American job market continues to cool.

Related Articles

The Labor Department reported Tuesday that job openings in June were down from 7.7 million in May and were about what forecasters had expected.

The Job Openings and Labor Turnover Survey (JOLTS) showed that layoffs were little changed in June. But the number of people quitting their jobs — a sign of confidence in their prospects elsewhere — dropped last month to the lowest level since December. Hiring also fell from May. read more

Norwegian Cruise Line to build 19-slide water park on private Bahamas island

Norwegian Cruise Line to build 19-slide water park on private Bahamas island

Norwegian Cruise Line announced Tuesday it will build a water park on its private Bahamas island Great Stirrup Cay set to open in summer 2026.

The nearly 6-acre attraction called the Great Tides Waterpark will feature 19 slides, a 9,000-square-foot splashpad for kids, an 800-foot-long “dynamic river” and a first-in-industry cliff diving feature, the line stated.

In addition, the line announced it would set up a mini aquatic racecourse that uses “jet karts,” which the line says combines elements of go-karts and personal watercraft. That attraction would be a shore excursion experience not tied to the water park.

This rendering shows Cliffside Cove, part of the Great Tides... This rendering shows Cliffside Cove, part of the Great Tides Waterpark that is part of Norwegian Cruise Line’s plans to revamp its private Bahamas island Great Stirrup Cay. (Courtesy/Norwegian Cruise Line) This closeup rendering shows the 10- and 15-foot-tall jumps that... This closeup rendering shows the 10- and 15-foot-tall jumps that are part of Cliffside Cove within Great Tides Waterpark, expected to open in summer 2026 as part of Norwegian Cruise Line’s plans to revamp its private Bahamas island Great Stirrup Cay. (Courtesy/Norwegian Cruise Line) This closeup rendering shows the the family slide that lets... This closeup rendering shows the the family slide that lets four people down at once as well as the Grotto Bar underneath, all part of Cliffside Cove within Great Tides Waterpark, expected to open in summer 2026 as part of Norwegian Cruise Line’s plans to revamp its private Bahamas island Great Stirrup Cay. (Courtesy/Norwegian Cruise Line) This rendering shows the 170-foot-tall Tidal Tower, home to eight... This rendering shows the 170-foot-tall Tidal Tower, home to eight of the Great Tides Waterpark’s 19 slides. The water park is slated to open in summer 2026 as part of Norwegian Cruise Line’s plans to revamp its private Bahamas island Great Stirrup Cay. (Courtesy/Norwegian Cruise Line) This rendering shows the “dynamic river” that is part of the Great Tides Waterpark coming in summer 2026 as part of Norwegian Cruise Line’s revamp its private Bahamas island Great Stirrup Cay. (Courtesy/Norwegian Cruise Line) This rendering shows the kids splash zone that is part... This rendering shows the kids splash zone that is part of the Great Tides Waterpark coming in summer 2026 as part of Norwegian Cruise Line’s revamp its private Bahamas island Great Stirrup Cay. (Courtesy/Norwegian Cruise Line)

“At 270 acres, our private island provides us with an incredible blueprint to reinvent what guests can experience when they escape to ‘The Great Life’ with us,” said NCL President David Herrera in a press release. “This new water park is an outstanding addition to our recent announcement about other amazing new amenities on the island soon to debut.” read more

Grad school debt holding you back? How to get it under control

Grad school debt holding you back? How to get it under control

By Eliza Haverstock, NerdWallet

Graduate school can boost your career prospects and earnings — but it can come at a steep price. Nearly half of grad students take out loans, with an average balance of $77,300, according to a 2023 report from the National Center for Education Statistics.

That debt can be tough to manage — it adds up fast. All grad school loans, whether federal or private, accrue interest while you’re in school, says Brittany Brinckerhoff, a Chapel Hill, North Carolina-based certified financial planner and certified student loan professional.

You also have fewer repayment options than you do with federal undergrad loans, says Brinckerhoff, who’s worked with attorneys and medical professionals repaying hundreds of thousands of dollars in grad school debt.

If graduate school loans are holding you back from achieving your financial goals, consider these expert-approved strategies.

Understand your debt — and your full financial picture

The first step is understanding your debt. Your loan type can determine what repayment plans are available, says Glenn Sanger-Hodgson, a Tallahassee, Florida-based accredited financial planner and certified student loan professional who specializes in medical school debt. read more

Who wants to be a millionaire? 1 in 10 Americans already is but the status loses its luster

Who wants to be a millionaire? 1 in 10 Americans already is but the status loses its luster

By MATT SEDENSKY, Associated Press National Writer

NEW YORK (AP) — As a child, Heidi Barley watched her family pay for groceries with food stamps. As a college student, she dropped out because she couldn’t afford tuition. In her twenties, already scraping by, she was forced to take a pay cut that shrunk her salary to just $34,000 a year.

But this summer, the 41-year-old hit a milestone that long felt out of reach: She became a millionaire.

Related Articles

A surging number of everyday Americans now boast a seven-figure net worth once the domain of celebrities and CEOs. But as the ranks of millionaires grow fatter, the significance of the status is shifting alongside perceptions of what it takes to be truly rich. read more

Trump’s tariffs could squeeze US factories and boost costs by up to 4.5%, a new analysis finds

Trump’s tariffs could squeeze US factories and boost costs by up to 4.5%, a new analysis finds

By JOSH BOAK and PAUL WISEMAN, Associated Press

WASHINGTON (AP) — As President Donald Trump prepares to announce new tariff increases, the costs of his policies are starting to come into focus for a domestic manufacturing sector that depends on global supply chains, with a new analysis suggesting factory costs could increase by roughly 2% to 4.5%.

“There’s going to be a cash squeeze for a lot of these firms,” said Chris Bangert-Drowns, the researcher at the Washington Center for Equitable Growth who conducted the analysis. Those seemingly small changes at factories with slim profit margins, Bangert-Drowns said, “could lead to stagnation of wages, if not layoffs and closures of plants” if the costs are untenable.

Related Articles


Government shutdown talk is starting early ahead of a difficult funding fight in Congress this fall


Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump


States file lawsuit against Trump administration over efforts to collect SNAP recipients’ data
read more