The Senate on Wednesday passed the National Defense Authorization Act, or NDAA, a massive defense spending package that includes a ban on coverage of gender-affirming care for the transgender children of military service members.

The vote in the Senate was 85 to 14, after the House last week passed the bill, which was negotiated by Senate and House leaders of both parties. It now heads to President Joe Biden's desk.

The Senate voted to pass the $895 billion annual defense policy bill that includes a pay raise for U.S. servicemembers and a provision that restricts transgender care. 

The bill passed 85 to 14, and now heads to President Biden’s desk for his signature. 

The legislation scored a more bipartisan vote in the Senate than it did in the House, where more Democrats voted no on the legislation in protest of the transgender provisions. 

The U.S. Senate voted overwhelmingly for an $895 billion bill setting policy for the Pentagon on Wednesday, despite the inclusion of a controversial provision on transgender medical care for minors.

The 100-member Senate backed the National Defense Authorization Act, or NDAA, by 85 to 14. Since it passed the House of Representatives last week, approval sends it to the White House, where the bill's congressional supporters say President Joe Biden is expected to sign it into law.

The latest figures paint a sobering portrait of the financial health of the American workforce: one out of every three individuals is just one paycheck away from falling behind.

New data released Monday by financial services company Bankrate indicates that 34% of Americans feel they are living the paycheck to paycheck lifestyle, with the number estimated to be even higher when factoring in "all U.S. adults, considering that 6 in 10 Americans (60.1 percent) are in the labor force," according to Labor Department numbers.

President Biden is extending overtime protections to 1 million workers who make less than the median individual salary and is vowing to take more action if reelected.

The executive action announced Monday will extend protections to workers making less than $43,888 a year, the White House said in a statement.

US job growth shot much higher than expected in May, jumping to 272,000, while the nation’s jobless rate rose slightly and broke a 27-month streak of below-4% unemployment.

At a time when Americans and the Federal Reserve are clamoring for clear-cut data about the state and trajectory of the economy, Friday’s jobs report was much more opaque than everyone had hoped.

U.S. job growth accelerated again in May, defying expectations for a slowdown, even as the unemployment rate rose to the highest level in more than two years.

Employers added 272,000 jobs in May, the Labor Department said in its monthly payroll report released Friday, easily topping the 185,000 gain forecast by LSEG economists. But the unemployment rate unexpectedly inched higher to 4% against expectations that it would hold steady at 3.9%. It marked the highest level for the jobless rate since January 2022.

The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market and likely reducing the Federal Reserve’s impetus to lower interest rates.

Nonfarm payrolls expanded by 272,000 for the month, up from 165,000 in April and well ahead of the Dow Jones consensus estimate for 190,000, the Labor Department’s Bureau of Labor Statistics reported Friday.

Roughly half of frontline warehouse workers at Amazon are having trouble making ends meet, a new report shows. The study comes five years after the online retailer raised minimum hourly wages to $15.

California's $20 wage for fast food workers is just a few weeks old, and the effects on workers and customers are beginning to emerge.

At Chipotle, the law drove a 20% increase in wages for its restaurant staff in the Golden State, the company said during its earnings call on Wednesday.

To offset that cost, menu prices notched up about 6% to 7% for customers in California, CEO Brian Niccol said.