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Stellantis accuses UAW of proposing new jobs bank
Stellantis accuses UAW of proposing new jobs bank; union calls it false comparison
Stellantis and the UAW are fighting over the union's threats of a potential national strike over product commitments.
Stellantis sues UAW for efforts to reinstate financially burdensome Jobs Bank
Stellantis’ (NYSE:STLA) protracted battle with the United Auto Workers union took another contentious turn after the automaker said on Monday it has filed additional lawsuits against the UAW and UAW Local 230 after the union proposed reinstating the Jobs Bank limiting Stellantis’ ability to lay off workers.
Stellantis rejects UAW proposal to restore Jobs Bank concept, files 8 additional lawsuits
Stellantis rejected the UAW's proposal to restore the Jobs Bank concept, which the automaker says contributed to its bankruptcy in 2009.
Jobs, Goldman Sachs
The Blowout Jobs Report Shows the Federal Reserve Made a Mistake
Following Friday’s jobs data, Bank of America analysts changed their call for the November Fed meeting. They now expect policymakers to cut rates by 25 basis points, rather than 50.
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
Economists are less concerned about an imminent downturn after far more jobs were added in September than expected, and unemployment fell.
Goldman Sachs lowers odds of US recession to 15% after better-than-expected jobs report
Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months by five percentage points to 15%, following the latest employment report that showed better-than-expected data.
8h
Markets Project Smaller 2024 Interest Rate Cuts On Better Jobs News
With recent, stronger jobs data markets expect the remaining cuts of 2024 to be 0.25% moves as chance of 0.5% cut fades.
4d
Surging jobs, wages, keep Fed base case of quarter point cuts on track
U.S. Federal Reserve concerns about a slowing job market were relieved for at least another month when new data on Friday ...
3d
on MSN
The jobs number surpassed everyone’s expectations. Cue the complaints about the Fed
Last month, the Fed slashed interest rates by a supersized half-point in a bid to prevent the job market from falling apart, ...
4d
on MSN
Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut
Pantheon Economics cited a "red flag" in September's jobs market data, and expects that the Fed to deliver more 50 basis ...
5h
US bank profits to shrink on interest income, focus shifts to Fed cuts
JPMorgan Chase and Wells Fargo kick off earnings for the sector on Friday, and investors are expected to focus on the big ...
4d
Fed’s Goolsbee Welcomes Jobs Report, Flags Risk of Low Inflation
Federal Reserve Bank of Chicago President Austan Goolsbee lauded the strong September jobs report but warned of putting too ...
3d
on MSN
Employers added 254,000 jobs in September, blowing away forecasts
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate ...
4d
on MSN
Blowout September jobs data points to solid economy and slower Fed rate cuts, analysts say
September's 254,000 new jobs topped consensus forecasts by about 100,000. This means the Fed can probably slow the pace of ...
4d
BofA’s Hartnett Sees Risk-On Rally if Jobs Data Is as Expected
Risk assets are likely to rally if the monthly US jobs report due Friday is within the range of expectations, according to ...
1d
on MSN
Brace for stock-market volatility this week if inflation comes in hot after the September jobs report, BofA says
The stakes for this week's consumer inflation report are higher after last week's red-hot jobs report, BofA says.
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