- Home
- Features
- News
- Topics
- Labor
- Management
- Opinions/Blogs
- Tools & Resources
Home » Archives by category » Economy
Markets suffered in September, but October holds promise
MANHATTAN (CN) — A perfect storm of negative news pummeled investors this week, as markets closed out the typically volatile month of September on a sour note with potential for a better Octoberon the horizon. The decline on Wall Street began early in the week: On Tuesday, the Dow Jones Industrial Average fell 571 points […]
Bond yields, debt-ceiling stalemate cause market fall
28/09/2021 Comments Off on Bond yields, debt-ceiling stalemate cause market fall
MANHATTAN (CN) — Markets tumbled on Tuesday, as a mixture of spiking bond yields and worries about the U.S. debt ceiling caused investors to reassess their positions. The selloff began early and never relented, with the Dow Jones Industrial Average losing 571 points by the day’s end, a 1.6% decline. The S&P 500 and Nasdaq […]
Continue reading …Wall Street courts, then skirts, disaster as Evergrande bonds loom large
24/09/2021 Comments Off on Wall Street courts, then skirts, disaster as Evergrande bonds loom largeMANHATTAN (CN) — A rollercoaster of gains and losses rollicked Wall Street this week in an unexpected echo of the wild swings of early 2020, when the Covid-19 pandemic first struck. It began Monday with the Dow Jones Industrial Average falling 614 points — which was an improvement from the point that day when it […]
Continue reading …Heightened US-China tensions present economic opportunities for Mexico
22/09/2021 Comments Off on Heightened US-China tensions present economic opportunities for MexicoMEXICO CITY (CN) — Seeing the intensifying friction between the United States and China as an opportunity to deepen economic ties with its second-biggest trading partner, Mexico’s newly appointed ambassador to China, Jesús Seade, announced in early September that he intends to “strengthen bonds of friendship” with the Asian nation. His plan includes promoting Chinese […]
Continue reading …Investors tread water, surprised by retail sales and inflation
17/09/2021 Comments Off on Investors tread water, surprised by retail sales and inflationMANHATTAN (CN) — Major U.S. indices did not move much from last week, despite some good news creeping through the usual soup of economic data. By the week’s end, the Dow Jones Industrial Average closed only 24 points lower than last Friday. The S&P 500 and Nasdaq fared similarly, gaining some early in the week […]
Continue reading …California adds nearly 50% of new US jobs in August
17/09/2021 Comments Off on California adds nearly 50% of new US jobs in AugustSACRAMENTO, Calif. (CN) — California’s unemployment rate remains stubbornly high at 7.5% but its months-long hiring spree continues as the state accounted for nearly half of the nation’s new jobs in August. Buoyed by big gains in the government and leisure and hospitality sectors, California employers added 104,000 new jobs —more than any state — […]
Continue reading …Biden tells rich to ‘pay your fair share’
16/09/2021 Comments Off on Biden tells rich to ‘pay your fair share’WASHINGTON (CN) — President Joe Biden on Thursday bit back at Republicans who’d described his economic recovery plan as excessive spending, pointing to their support of his predecessor’s nearly $2 trillion in tax cuts for big corporations and the wealthy. “Almost none of that $2 trillion tax cut was paid for,” Biden said of former […]
Continue reading …Judge rules California gig workers law is unconstitutional
20/08/2021 Comments Off on Judge rules California gig workers law is unconstitutional(CN) — A California Superior Court judge ruled Friday evening that a 2020 ballot measure that considered California gig workers as independent contractors with limited benefits is unconstitutional. The movement behind Proposition 22 was supported by gig economy companies such as Uber, Lyft and DoorDash, who spent more than $200 million to promote the ballot […]
Continue reading …California jobless rate steady at 7.6%, but experts say labor market picking up steam
20/08/2021 Comments Off on California jobless rate steady at 7.6%, but experts say labor market picking up steam(CN) — California’s unemployment rate remained at 7.6% in July, with employers adding 114,400 payroll jobs. That rate remains above the national 5.4% unemployment rate, according to numbers released Friday by the U.S. Bureau of Labor Statistics and the California Employment Development Department. July’s numbers mirror the state’s unemployment rate for June, which was initially […]
Continue reading …July jobless rates down in 17 states; payroll jobs up in 38 states
20/08/2021 Comments Off on July jobless rates down in 17 states; payroll jobs up in 38 statesIn July, unemployment rates were lower in 17 states and the District of Columbia and stable in 33 states. Nonfarm payroll employment increased in 38 states and the District and was essentially unchanged in 12 states.
Continue reading …- Amazon’s unilateral mailbox installation nets workers a second election at Bessemer facility
- No injunction pending appeal for Mass General Brigham employees denied COVID vaccine exemption requests
- Sixth Circuit designated to rule on consolidated challenges to OSHA’s vaccinate or test mandate
- California AG announces first-of-its-kind stipulated judgment requiring Amazon’s compliance with COVID-19-related ‘right-to-know’ law
- Stay on OSHA’s ETS affirmed; agency ordered to ‘take no steps to implement or enforce’ vaccine mandate
- Manager who referred to mask as ‘KKK hood’ lawfully terminated for ‘cause’
- Biden Administration says there’s no need for emergency relief over vaccinate or test ETS
- Businesses, five states obtain temporary stay of Biden Administration’s private employer vaccine mandate
- Employee who didn’t opt out of post-hire arbitration agreement must arbitrate bias claims
- U.S. Supreme Court declines to grant injunction on Maine health care worker COVID vaccine mandate
- EEOC shares its own religious accommodation form as sample for vaccine requirement exemption requests
- Waste removal driver unable to revive Title VII and FLSA claims on appeal
- Transgender police officer who alleged she was involuntarily outed advances claims
- After appeal revived claim, white jail employee who complained of racial slur gets trial
- Mandatory vaccination rule for healthcare workers is facially neutral, does not single out religious objectors
- Hotel association challenges New York City’s new pandemic severance law
- Contractor faces 2 serious citations after US Department of Labor finds safety failures led to welder’s death at Bonner Bridge demolition project
- Investigation into worker’s severe arm injury finds Cusseta auto parts manufacturer, supplier willfully ignored safety precautions
- Sprouts Farmers Market to Pay $280,0000 to Settle EEOC Disability Discrimination Suits
- ‘It’s a sweat factory’: Instacart workers ready to strike for pay and conditions
- Ships backed up outside US ports pumping out pollutants as they idle
- Privacy fears as Moscow metro rolls out facial recognition pay system
- ‘We are not machines’: Hollywood workers poised to strike for better conditions
- UK Poised to Expand Workplace PPE Obligations
- DOL Sues Over Firing for E-Mail Allegedly Sharing Coronavirus Concerns
- Using Technology to Prepare Workforce for Post-Pandemic Times
- Ask HR: How Can Restaurant Owners Attract and Keep Good Workers?
- DOL Proposes Rule to Remove Barriers to ESG Funds in Retirement Plans
- Cal/OSHA Modifies Quarantine Rules for Asymptomatic, Unvaccinated Workers
- Boeing pilot indicted for allegedly deceiving US regulators over 737 Max
- Class certification granted for American Airlines pilots on USERRA, breach-of-contract claims
- Ipswich apprentice butcher encourages others to consider industry
- Ipswich apprentice butcher encourages others to consider industry
