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Home » Archives by category » Financial
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 …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 …Inflation Posts Highest One-Month Gain Since Great Recession
13/07/2021 Comments Off on Inflation Posts Highest One-Month Gain Since Great RecessionMANHATTAN (CN) — Inflation jumped nearly 1% again last month, with the hot economy seeing the largest one-month increase since the early days of the Great Recession. Core inflation — a measure of prices, sans food and energy — and headline inflation — which measures all goods — both increased by 0.9%, about double what […]
Continue reading …G-20 Finance Ministers Back Deterring Use of Tax Havens
10/07/2021 Comments Off on G-20 Finance Ministers Back Deterring Use of Tax Havens(AP) — Top finance officials representing most of the world’s economy have backed a sweeping revision of international taxation that includes a 15% global minimum corporate levy to deter big companies from resorting to low-rate tax havens. Finance ministers from the Group of 20 countries endorsed the plan at a meeting Saturday in Venice. U.S. […]
Continue reading …Promising Jobs Data Closes Out Positive First Half of 2021
02/07/2021 Comments Off on Promising Jobs Data Closes Out Positive First Half of 2021MANHATTAN (CN) — The first six months of 2021 could have been better, but investors are hard-pressed to complain too much, netting double-digit percentage gains in all three major U.S. indices. Since January 4, the Dow Jones Industrial Average has gained nearly 14% in value, while the S&P 500 and Nasdaq gained almost 16% and […]
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
