Chairman Joe Manchin, DW.Va., conducts a Senate Energy and Natural Resources Committee hearing on domestic and international energy price trends, in Dirksen Building on Tuesday, November 16, 2021. tom williams | CQ-Roll Call, Inc. | Getty Images Sen. Joe Manchin said Monday that he is “deeply concerned” about the new climate disclosures proposed by the […]
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Jamie Dimon says inflation, Ukraine war may dramatically increase risks for USJamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlos Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest US bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter. Three forces are […]
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JPMorgan, Goldman pick top Southeast Asia markets for 2022Indonesia’s stocks are among the top picks of JPMorgan Asset Management and Goldman Sachs for 2022. In this photo from April 2019, the statue of a bull is standing at the lobby of the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia. Dimas Ardian | Bloomberg via Getty Images Geopolitical tensions around the world have been […]
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Social Security retirement age reaches 67. Some say it may go higherMany Americans eagerly look forward to a time when they can stop working and officially set their status to “retired.” But when asked what age they anticipate that could be, there isn’t a consensus. The average age when people say they hope to retire is 62, according to one survey. That is also the age […]
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Tech companies cautiously bring people back while employees hesitateAtsuko Bolinguit, with tech startup company Fast, works in the office at her desk on March 24, 2021 in San Francisco, California. Justin Sullivan | Getty Images Starting Monday, Google is bringing most employees back to assigned physical offices three days a week. The company has said since the beginning of the pandemic that it […]
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Airlines cancel hundreds of weekend flights as storms sweep through FloridaA Southwest Airlines jet sits at a gate at Orlando International Airport in Orlando, Florida, US, October 11, 2021. Joe Skipper | Reuters Airlines canceled hundreds of weekend flights and thousands more were delayed as thunderstorms in Florida slowed traffic in one of the country’s top travel destinations during spring break. More than 5,900 US […]
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Employers are hiring again — but which ones are paying wages that keep up with inflation, and which aren’t?Inflation is hot just like the job market, but the March jobs report showed there aren’t a lot of jobs where wage growth is standing up to heated prices. That is, with some exceptions — which may hint a lot about where consumer demand is going as pandemic concerns fade. In a healthy-looking jobs report […]
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Starbucks’ New York City Reserve Roastery becomes the 9th cafe to unionizeEmployees serve customers at a newly opened Starbucks’ Reserve Roasteries in the Meatpacking District on December 14, 2018 in New York City. Spencer Platt | Getty Images Starbucks baristas at its New York City Reserve Roastery voted 46-36 in favor of forming a union on Friday, dealing a blow to incoming interim CEO Howard Schultz […]
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Amazon workers just voted to join a union — here’s what happens nextA demonstrator during the vote count to unionize Amazon workers outside the National Labor Relations Board offices in New York, US, on Friday, April 1, 2022. Jeena Moon | Bloomberg | Getty Images Amazon workers on New York’s Staten Island just made history, becoming the first group to vote in favor of unionizing at a […]
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US stock end higher Friday, S&P 500 rises for third straight week, after March jobs report reinforces Fed rate-hike expectationsAll three major US stock benchmarks closed higher Friday, after a March jobs report reinforced a picture of a healthy economy but also underlined expectations for the Federal Reserve to be more aggressive in hiking interest rates in an effort to rein in persistently hot inflation. How did stock indexes perform? The Dow Jones Industrial […]
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