The FTC is introducing a new rule which could end non-compete agreements for millions of workers. The proposed rule would void non-compete clauses in existing contracts and ban their use in future contracts. The agency says the move would affect 30 million Americans or roughly one out of five workers here in the United States. Supporters say the rule would boost wages and promote competition by allowing workers to move more freely between jobs.
Stocks fall for a second day on Wall Street due to weak job data and recession fears. The VIX surges over 60, showing high anxiety and a potential rebound.
A new CEO takes over the embattled planemaker. Plus: Elon picks a fight, the Fed might finally cut rates and Microsoft makes a lot of money but not enough.
