A massive UPS strike could devastate the economy. It could be just eight weeks away
The Teamsters union is holding a vote right now among more than 330,000 members to authorize a strike against UPS. If UPS workers strike, it would be the largest single-employer strike in US history. And it could take place in less than eight weeks.
2023-06-12 19:19
Trump’s 2024 Rivals Woo Billionaires to Counter His Loyal Donors
Republican presidential candidates face a crucial, early test next month of whether they can raise enough money to
2023-06-12 18:24
Factbox-Silvio Berlusconi death: who will take over former Italian PM’s business empire?
MILAN Four-time Italian prime minister and billionaire media tycoon Silvio Berlusconi, who died on Monday at the age
2023-06-12 17:53
Fed Backs Away From Wages Focus, Bolstering Case for Rate Pause
Federal Reserve officials are rethinking their view that wage gains are fueling inflation, a key intellectual shift that
2023-06-12 17:29
Crypto Resumes Drop After SEC Crackdown Led to Weekend Selloff
Cryptocurrencies resumed losses Monday, though staying above their weekend lows, as last week’s regulatory crackdown by the US
2023-06-12 15:16
Reddit Blackout Begins as Forums Protest Charges for Developers
Millions of Reddit fans will find themselves locked out of their favorite pages in the coming days, as
2023-06-12 14:47
Goldman Sachs Raises S&P 500 View Saying Rally to Broaden Beyond Tech
The rally in US equities will broaden beyond megacap technology names if history is any guide, Goldman Sachs
2023-06-12 13:59
Novartis Agrees to Buy Chinook for Up to $3.5 Billion
Novartis AG agreed to buy Chinook Therapeutics Inc. for as much as $3.5 billion to add two promising
2023-06-12 13:50
UBS Completes Credit Suisse Takeover to Create Swiss Bank Titan
UBS Group AG completed the deal to acquire former rival Credit Suisse Group AG, sealing the biggest merger
2023-06-12 13:23
Hedge Fund Bond Bears Are Relentlessly Shorting Treasuries
Hedge funds extended their record selling streak of short-dated Treasuries amid bets the Federal Reserve’s fight with inflation
2023-06-12 12:28
China’s Covid-Positive Test Rate Jumped to 40% Last Month
China was walloped by a Covid-19 resurgence in May, with a positive test rate nearing the peak seen
2023-06-12 12:26
US Economy Remains ‘Very, Very Hot,’ Larry Summers Says
The US economy remains “very, very hot,” though not as much as it was six to 12 months
2023-06-12 10:58