• September 6, 2024

Amazon says in a federal lawsuit that the NLRB's structure is unconstitutional

Amazon is challenging the structure of the National Labor Relations Board in a lawsuit that also accuses the agency of improperly influencing the outcome of a union election at a company warehouse m...

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• September 6, 2024

Fed’s Waller Says Jobs Data ‘Requires Action,’ Open to Big Cut

(Bloomberg) -- Federal Reserve Governor Christopher Waller said it’s important for the US central bank to begin cutting interest rates this month amid rising risks of further weakening in the labor ...

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• September 6, 2024

Former Uruguay Bank Chief Who Beat Inflation Pivots to Growth

(Bloomberg) -- Diego Labat tamed chronically high inflation in Uruguay as its central banker. Now he wants a shot at boosting the South American country’s lackluster growth as finance chief if voter...

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• September 6, 2024

US Hiring Comes Up Short in Possible Warning Sign for Fed

(Bloomberg) -- Sign up for the Economics Daily newsletter to discover what's driving the global economy. US hiring fell short of forecasts in August after downward revisions to the prior two mont...

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• September 6, 2024

Biden to sign order to prioritize federal grants for projects with higher worker wages and benefits

PITTSBURGH (AP) — President Joe Biden on Friday plans to sign an executive order for federal grants that would prioritize projects with labor agreements, wage standards, and benefits such as acces...

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• September 6, 2024

Investor dash to cash continues ahead of Fed rate cut, BofA says

By Harry Robertson LONDON (Reuters) - Investors poured $61 billion into cash-like money market funds in the week to Wednesday, as they braced for the Federal Reserve to cut interest rates for the...

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• September 6, 2024

Oil steadies ahead of key US jobs report

By Nicole Jao and Colleen Howe (Reuters) -Oil prices ticked up in Asian trading on Friday, with investors exercising caution ahead of key U.S. employment data as they weighed a big withdrawal fro...

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• September 6, 2024

Oil Set for Deep Weekly Loss Even as OPEC+ Delays Adding Barrels

(Bloomberg) -- Oil was poised for the deepest weekly loss in almost a year on persistent concerns about soft demand and ample supply, even as OPEC+ delayed a planned increase in output by two months...

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• September 6, 2024

What's at stake in Sri Lanka's first presidential vote since its economic meltdown?

COLOMBO, Sri Lanka (AP) — Sri Lanka will hold its presidential election on Sept. 21 in a crucial vote that will decide the future of the South Asian nation still struggling to recover from its eco...

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• September 6, 2024

Factbox-How Wall Street firms see US jobless rate shaping Fed rate cut

(Reuters) - The Federal Reserve is widely expected to cut borrowing costs at its upcoming meeting Sept. 17-18 and the strength of the job market is likely to be a deciding factor on whether it deliv...

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