A strike by the United Auto Workers union against the Detroit automakers would help President Joe Biden and other politicians pick a side when it comes to organized labor, UAW President Shawn Fain said Wednesday…
Business
-
-
After rising sharply for several weeks, mortgage interest rates pulled back slightly last week, but not enough to revive mortgage demand. Total mortgage application volume fell 2.9% last week, compared with the previous week, according…
-
Business
From strikes to new union contracts, Labor Day’s organizing roots are especially strong this year
Labor Day is right around the corner, along with the big sales and barbecues that come with it. But the activist roots of the holiday are especially visible this year as unions challenge how workers…
-
Tesla on Friday unveiled a restyled, made-in-China Model 3 with a longer driving range, the first time the automaker has launched a new model in China ahead of the United States. The new model, which is…
-
Walgreens Boots Alliance said Friday that Roz Brewer had stepped down as the company’s chief executive. She also left the company’s board, effective Thursday. The decision was mutual, according to a news release. Shares of Walgreens were…
-
The U.S. added more jobs than expected in August, a sign of resilience for a labor market under pressure from Federal Reserve interest rate hikes. Nonfarm payrolls grew by a seasonally adjusted 187,000 for the…
-
Federal Reserve Governor Christopher Waller said Tuesday that the recent round of strong economic data will buy the central bank some time as it decides whether additional interest rate hikes are needed to control inflation.…
-
After rising steadily since January, home prices may now be turning lower again. The latest read on home prices shows they hit another all-time high in July, rising 2.3% from the same month last year,…
-
A second delivery driver has died in Texas amid record-high temperatures, just as the regulation of workplace heat safety enters a new legal limbo across the state. A law eliminating several cities’ mandated water breaks…
-
CEDAR KEY, Fla. — As cleanup begins in the aftermath of Hurricane Idalia, the storm has served as a stark reminder that Florida’s insurance industry remains in flux. Idalia made landfall in Florida’s Big Bend…