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Fed Pauses Interest Rate Increases but Suggests More Are Ahead

Federal Reserve officials left interest rates unchanged on Wednesday, skipping an increase after raising rates 10 times in a row since March 2022. Still, policymakers predicted that they might need […]




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UK Braces for Higher Interest Rates as Risk of Inflation Grows

Britain on Tuesday received another sign that inflation could painfully linger. The country braced, once again, for higher interest rates as bond yields climbed above the levels when Liz Truss […]




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Hollywood Directors Reach Deal With Studios as Writers’ Strike Continues

The union that represents thousands of movie and television directors reached a tentative agreement with the Hollywood studios on a three-year contract early Sunday morning, a deal that ensures labor […]




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Has ‘Gig Work’ Become a Dirty Word?

When more than 11,000 film and television writers in the Writers Guild of America union went on strike this month, they called out deteriorating working conditions, criticized unfair pay and […]




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Wages Grow Steadily, Defying Fed’s Hopes as it Fights Inflation

Wage growth ticked up in April, good news for American workers but bad news for officials at the Federal Reserve, who have been hoping to see a steady moderation in […]




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Powell Bets the Fed Can Slow Inflation Despite Recession Fears

The Federal Reserve’s push to slow the economy and bring inflation under control is often compared to an airplane descent, one that could end in a soft landing, a bumpy […]




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A ‘Rocky and Bumpy’ Economy Where Wages Are Up and Inflation Persists

Inflation isn’t as high as it was last year. The job market isn’t as hot. The economy is slowing down. But none of this is happening as quickly or as […]




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Wages and Prices Could Show a Cool-Down Before a Fed Meeting

Government data on Friday will provide one final update on inflation, spending and wages before the Federal Reserve’s interest rate decision next week.Forecasters expect data from the Labor Department to […]




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They Want to Change the World. They Would Also Like a Raise.

But once the union was formed, contract negotiations stalled. Employees started collective actions like using union logos as their backgrounds and emailing management and board members employee testimonies. In mid-March, […]