Category: labor
-
Acting US labor secretary encourages Boeing and workers to reach ‘fair contract’ By Reuters
•
Written by Alison Lambert NEW YORK (Reuters) – Acting U.S. Labor Secretary Julie Su on Wednesday encouraged Boeing Co. and more than 30,000 workers at the planemaker’s plant to close the gap in negotiations and reach a fair contract as a Sept. 12 vote on a new deal approaches. Boeing…
-
Dollar steady ahead of ISM release, key labor market data By Investing.com
•
The US dollar steadied on Tuesday as investors looked ahead to key economic data, including US payrolls data on Friday, which could bolster an interest rate cut by the Federal Reserve later this month. At 04:05 ET (09:05 GMT), the dollar index, which tracks the greenback against a basket of…
-
Dollar steady ahead of ISM release, key labor market data By Investing.com
•
The US dollar steadied on Tuesday as investors looked ahead to key economic data, including US payrolls data on Friday, which could bolster an interest rate cut by the Federal Reserve later this month. At 04:05 ET (09:05 GMT), the dollar index, which tracks the greenback against a basket of…
-
Bitcoiners and Wobblies: Labor Day Edition
•
I recently read about the origins of the American labor movement. Specifically, the birth of the Industrial Workers of the World and a group called the Wobblies, a nickname given to members of the IWW. At its peak, the IWW had over 150,000 members in 1917, with worldwide membership and…
-
CME Globex Labor Day holiday hours – open Sunday evening for Tuesday trade date
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
Chipotle may have violated workers’ unionization rights, US labor board says
•
Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Dee Ann Durbin Published on August 27, 2024 • Read for 2 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content Chipotle Mexican Grill may have violated federal…
-
China EV maker Xpeng considers Europe factory in areas with ‘low labor risks’
•
Xpeng Inc. is looking for a manufacturing site in Europe, making it the latest Chinese electric vehicle maker to seek to mitigate the impact of import tariffs by building its vehicles in the region. Volkswagen AG’s Chinese partner is in the early stages of selecting a site in the European…
-
Canada labor board orders rail employees back to work, imposes binding arbitration
•
rlesyk/iStock Editorial via Getty Images Canada’s federal judge has issued an order to employees of the country’s two main railway companies. Back to workBinding arbitration was imposed after a work stoppage that halted cargo shipments since Thursday morning. The Canadian Industrial Relations Board on Saturday approved the appointment of Labour…
-
Norfolk Southern reaches agreements with four labor unions By Reuters
•
(Reuters) – Norfolk Southern Railroad and BNSF Railroad said on Friday they have reached five-year interim collective bargaining agreements with four unions. The agreements call for an average wage increase of 3.5% annually over the next five years, more vacation time and some improvements to health care benefits. The agreements…
-
US union and Apple reach tentative labor agreement By Reuters
•
The International Association of Automated Workers’ Alliance of Retail Employees and Aerospace and Aviation Workers reached a tentative agreement with tech giant Apple Inc on Friday on improved work-life balance, wage increases and job security. Workers at Apple’s retail store in Towson, Maryland, are scheduled to vote on the interim…
-
US judge blocks latest version of labor department’s fiduciary rule By Reuters
•
By Tom Hales WILMINGTON, Del. (Reuters) – A U.S. judge has blocked enforcement of a Labor Department rule that would have expanded the types of retirement advisers considered trustees, finding the rule arbitrary and in conflict with the law governing retirement plans. The rule was unveiled in April as the…
-
Fed Head Powell’s Testimony Kept September Cut on the Table As Labor Market Cools
•
Federal Reserve Chairman Jerome Powell was the center of attention in his testimony before the Senate Banking Committee, where he suggested that waiting too long to cut interest rates could risk harming the U.S. labor market. Although he declined to offer any explicit guidance on easing, Powell acknowledged that business…
-
Fed mon pol report: Labor supply-demand balance resembles pre-pandemic period
•
Further progress on inflation expected this year but ‘greater confidence’ still needed before moving to cut interest rates Housing-related inflation will gradually decline. There are still large gaps in the labor market. The financial system is sound and resilient. Relatively high valuations relative to fundamentals in major asset classes Full…
-
Jobless figures indicate tight labor market in Israel
•
The Central Bureau of Statistics announced today that the unemployment rate in Israel remained unchanged in April at 3.4%. Seasonally adjusted figures show a slight increase of 0.1% in the proportion of people aged 15 and over in the labor force. The broad unemployment rate, which includes those on unpaid…
-
A global labor shortage will send tech stocks soaring, with the sector poised to grow to 50% of the total stock market, Fundstrat says
•
Cindy Ord/Getty Images A global labor shortage of about 80 million workers will send technology stocks heading parabolic, according to Fundstrat’s Tom Lee. The technology sector will eventually make up 50% of the S&P 500, Lee said Wednesday. “I believe AI is already addressing the global labor shortage of about…
-
Disneyland character and parade performers in California vote to join labor union
•
Breadcrumb links BMN Business Article writer: Posted on May 19, 2024 • Last updated 1 hour ago • 2 min read You can save this article by registering for free here. Or log in if you have an account. FILE – Visitors follow Mickey Mouse for photos at Disneyland, Jan.…
-
April US jobs report shows looser labor market, good news for Fed By Reuters
•
(Reuters) – U.S. job growth slowed more than expected in April and annual wage gains slowed, signs of a more resilient labor market that are good news for markets and the Federal Reserve, which will likely require more of these signals before shifting from higher policy to higher policy. Longer…
-
Dollar stabilizes after Powell speech; labor market data in focus By Investing.com
•
Investing.com – The U.S. dollar steadied on Thursday after falling sharply overnight following Federal Reserve Chairman Jerome Powell ruling out any rate hikes, while the Japanese yen was volatile amid talk of intervention. At 06:00 EST (10:00 GMT), the dollar index, which tracks the greenback against a basket of six…