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Every year on the first Friday in June, Americans celebrate National Donut Day with a simple pleasure: enjoying one of our nation’s favorite treats. For many, it is a fun occasion marked by a morning stop at a local bakery or coffee shop.

WASHINGTON—The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a new advisory urging banks, credit unions and other financial institutions to increase scrutiny of financial activity tied to the unlawful employment of undocumented workers, warning that such schemes can fuel identity theft, tax fraud and broader criminal enterprises.

WASHINGTON— The U.S. labor market delivered a stronger-than-expected performance in May, adding 172,000 nonfarm jobs while the unemployment rate held steady at 4.3%, according to the latest Employment Situation report from the Bureau of Labor Statistics released Friday.

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WASHINGTON—A bipartisan group of House lawmakers has released a discussion draft of the Great American AI Act, a proposal that would establish a federal framework for governing artificial intelligence as Congress grapples with balancing innovation, consumer protection and national security concerns surrounding the rapidly advancing technology.