Millions of Americans stopped working from home in 2022, according to a new report from the Labor Department.
The agency said about 72 percent of private-sector reported little to no telework among employees between August and September. That is compared to about 60 percent in roughly the same period in 2021. Prior to the pandemic, 76.7 percent of companies reported little to no remote work.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
