Today’s Featured Story…
Rauner tries to block 'fair share' fees from state workers who don't want to be in unions
From the Chicago Tribune: The new Republican governor said more than 6,500 state employees are paying fair share fees in lieu of union dues. Under Rauner's executive order, that money would be put into a special account until a court decides whether the move is legal.
Plunge in Oil Prices Unlikely to Last Much Longer, IEA Says
From the Wall Street Journal: The crude market succumbed to a steep selloff last year amid booming production in North America and sluggish global demand. Prices have fallen more than 50% since June, prompting a wave of spending cuts among oil producers and a sharp decline in the number of rigs drilling for crude in the U.S.
Wall St. ends down on Greece, China worries
From Reuters: U.S. stocks fell on Monday as investors worried about Greek debt negotiations and disappointing Chinese economic data on top of uncertainty about U.S. interest rates. After the market's strong week last week, nine out of ten S&P sectors finished down Monday, with healthcare and utilities the worst performers. Only energy finished up slightly, boosted by rising oil prices.
Why the Jobs Report Means Diddly
From Politico: The monthly ritual known as the jobs report made its appearance last week, followed metronomically by the monthly ritual of commentary and political reaction to the jobs report. It was a good report, as they go, with “better-than-expected” job creation, more workers returning to look for work (hence a slightly higher unemployment rate of 5.7 percent) and major upward revisions to reported job creation in November and December of 2014.
The 20 Best-Paying Jobs For Women In 2015
From Forbes: To determine which professions are paying women the most, Forbes analyzed data from the U.S. Bureau of Labor Statistics (BLS) tracking the median weekly earnings of full-time wage and salary workers in 2014, broken down by gender and occupation, and excluding occupations that employed less than 2,000 women last year.
Obama to unveil cyber data-sharing unit
From The Hill: The White House is expected to reveal on Tuesday a new unit tasked with integrating the intelligence communities’ cyber data and sharing it with civilian agencies, according to an industry source with knowledge of the announcement.
Outside the Box…
Apple’s iOS 9 Pegged As A Stability Update, Which Is Way Better Than A Feature Frenzy
From TechCrunch: Apple’s iOS 9 is going to be focused on improving stability and zapping bugs, according to a new report from the reliable 9to5Mac. The major update for Apple’s iPhone, iPad and iPod Touch for 2015 is expected to take a step back from the rapid release of new features in favor of building on the existing framework to make sure everything already offered works more consistently. Apple has done the same thing with desktop updates in the past, most notably with “Snow Leopard,” the update to OS X that followed Leopard and brought exactly the kind of stability improvements described in this new report to Macs.