Federal Reserve Chair Powell Dismisses Rate Cut Talks as ‘Premature’ and Suggests Potential for More Hikes

Federal Reserve Chairman Jerome Powell on Friday downplayed aggressive interest rate cuts, hailing their premature declarations as confounding, adding it’s too soon to speculate when policy might ease. Powell in his speech said that the current inflation levels are still “well above” the central bank’s goal, refuting any notion of a sufficiently restrictive stance achieved. …

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The Top Desired Trait CEOs Seek in Employees, According to Harvard Career Expert

Contrary to popular belief, the best employees aren’t always the smartest or most self-assured people in the room. According to Ranjay Gulati, a professor at Harvard Business School, it’s trustworthiness that distinguishes high performers. Trustworthiness is paramount, and CEOs prioritize this trait in their employees as it forms the foundation of all professional relationships. Gulati …

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Ford’s Michigan EV Battery Plant: Why the Company is Scaling Back Operations

Ford Motor Company is scaling back its $3.5 billion battery plant plans in Michigan as the shift to electric vehicles is slower than expected. This is partly due to rising labor costs and efforts to cut expenses. The decision comes after initial announcements in February to partner with Chinese battery manufacturer Contemporary Amperex Technology Co., …

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National Campaign Launched by Pharmacy Walkout Organizers to Unionize Staff

Organizers of a recent retail pharmacy walkout are launching a nationwide effort to unite employees, creating a potential push towards the widespread unionization of thousands of pharmacists and technicians in the United States. A new union partnership with IAM Healthcare aims to support employees in organizing to combat what’s been labeled as dangerous work conditions …

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Ultimate Guide for Homebuyers: How to Wisely Evaluate Homeowners Associations during House Hunting

While shopping for new homes is already competitive, prospective buyers should consider an additional factor when weighing the pros and cons of a given property: homeowners associations. According to the American National Bank of Texas, HOAs can carry monthly fees as high as $1,000. As these associations become more common, it’s important for prospective buyers …

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Breaking News: Canadian Auto Union Launches Nationwide Strike at Stellantis

After reaching a tentative agreement on Saturday with the United Auto Workers union, Stellantis, the parent company of Chrysler, is now facing a national labor strike in Canada. The new strikes in the Canadian province of Ontario are impacting two assembly plants that produce the Chrysler 300 sedan, Pacifica minivan, Dodge Challenger, and Charger muscle …

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UAW-Ford Agreement Reveals $8.1B Investment and Exciting $5,000 Ratification Bonus!

Local United Auto Workers union leaders approved a tentative agreement with Ford that includes $8.1 billion in new plant investments and $5,000 ratification bonuses. The 4 ½-year tentative agreement will now be presented to 57,000 UAW-Ford members for regional informational meetings and voting. The agreement was reached after targeted strikes against Ford, General Motors, and …

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Unprecedented Casino Strike Shakes Detroit: Workers Demand for Change

MGM Resorts International’s MGM Grand Detroit hotel stands in Detroit on Oct. 30, 2013. Bryan Mitchell | Bloomberg | Getty Images Thousands of casino workers in Detroit are on strike, not just auto workers. Seeking improved wages and working conditions due to the rising cost of living, these casino employees walked off their jobs on …

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