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1 min read
Boeing workers reject the company's latest proposal, which included a 35% wage hike
The strike has halted most of Boeing's manufacturing for over five weeks.
Shubhangi Goel
2 mins read
Fast food giants like McDonald's and Chipotle may be forced to hike prices in California again.
The California Fast Food Workers Union is calling for another minimum wage hike. That could be toug…
Dominick Reuter
2 mins read
Trump's plan to hike tariffs instead of raising taxes could cause the 'mother of all stagflations,' policymakers warn
The Treasury secretary, Janet Yellen, and her predecessor Larry Summers called out Trump's plan to …
Filip De Mott
3 mins read
Why bad news for the economy can be good news for stocks
Solid economic growth and employment gains could darken the outlook for stocks by prompting the Fed…
Theron Mohamed
1 min read
McDonalds is bringing back bagels to boost California sales after state minimum wage hike
McDonald's franchisees in California have said price increases alone won't cover the cost of the st…
Dominick Reuter
3 mins read
Fast-food restaurants in California are laying off workers to prepare for the $20 minimum wage hike
Two Pizza Hut franchisees in California are among those who are laying off workers, federal WARN fi…
Grace Dean
1 min read
Russia is eyeing big tax hikes after this month's election to pay for the war in Ukraine
Putin is widely expected to coast to reelection, after which Bloomberg reported that the country co…
Yuheng Zhan
2 mins read
Stock market news: US stocks slide and bond yields rise as traders eye new economic data
Traders are looking ahead to new inflation data at the end of the week. Nvidia shares wavered after…
Jennifer Sor
1 min read
Pharma giants are hiking prices on over 500 drugs for 2024, report says
Pfizer, Sanofi, and Takeda Pharmaceutical are set to increase prices on more than 500 drugs in the …
Rebecca Rommen
3 mins read
RBI’s lower rate hike as expected, but Das’ commentary still hawkish, say analysts
RBI announced a 35-basis point rate hike on Wednesday, after three consecutive 50 bps rate hikes ea…
2 mins read
US stocks rise as Fed comments fuel hopes rate hikes are done
Fed Governor Christopher Waller said he is optimistic that the central bank remains on track to tam…
Phil Rosen
3 mins read
Markets may cheer if Federal Reserve delivers its last 25 bps hike before a pause
A stock market rally is on the horizon as the US Fed’s Federal Open Market Committee (FOMC) is expe…
2 mins read
Sensex, Nifty50 plunge 1.6% with heavy sell off in PSU Bank and all sectoral indices in the red
Stocks to watch out for on Friday include Reliance Industries, Landmark Cars, Abans Holdings, and I…
3 mins read
RBI hikes repo rate by 50 basis point to 5.4% as inflation is still ‘uncomfortable’
Reserve Bank of India governor Shaktikanta Das today announced the third interest rate hike, from 4…
2 mins read
Double digit salary hikes are here to stay: Aon predicts 10.3% pay hikes for Indians in 2023
The 28th Annual Salary Increase Survey by Aon, a professional services firm, predicts that salaries…
2 mins read
October's inflation report 'broke the hiking cycle's back,' and signals the Fed is done raising rates, Bank of America says
Bank of America changed its Fed outlook on Tuesday, with strategists writing they now believe the U…
Phil Rosen
2 mins read
Stock market news today: Futures whipsaw as Wall Street waits for key economic data
S&P 500, Nasdaq, and Dow futures went from red to green on Tuesday as investors waited for fresh GD…
Theron Mohamed
3 mins read
With RBI MPC not hiking rates, affordable home buyers have clearer planning trajectory
The Reserve Bank of India keeping lending (repo) rates unchanged is nothing but good news for aspir…
2 mins read
SBI Caps report highlights optimistic outlook for the Indian economy, despite deteriorating global pitch
State Bank of India (SBICAPS) report titled "Maintaining Momentum on a Deteriorating Global Pitch" …
ANI
2 mins read
Oil prices nearing $100 a barrel is bad news for inflation — but it's good news for Russia
Almost three-quarters of all seaborne Russian crude oil managed to get shipped without Western insu…