Tag: Business

Stock market today: Asian shares gain after US Fed cuts interest rates

HONG KONG -- Asian shares advanced Friday after most U.S. stocks rose as the Federal Reserve cut interest rates again to ease pressure...

China to unveil much-anticipated economic stimulus package

BEIJING -- China is expected to announce much-anticipated steps to boost its flagging economy Friday at the end of this week's meeting of...

About 1,100 workers at Toledo, Ohio, Jeep plant face layoffs as company tries to reduce inventory

DETROIT -- About 1,100 workers at the Stellantis Jeep factory in Toledo, Ohio, are facing layoffs early next year as the company takes...

Union official says a Philadelphia mass transit strike could be imminent without a new contract

PHILADELPHIA -- Thousands of Philadelphia mass transit system workers could go on strike soon unless their union reaches an agreement on a new...

Amazon workers in Alabama will have third labor union vote after judge finds illegal influence

MONTGOMERY, Ala. -- Amazon workers in Alabama will decide for the third time in three years whether to unionize after a federal judge...

Text of the policy statement the Federal Reserve released Thursday

WASHINGTON -- Below is the statement the Federal Reserve released Thursday after its latest policy meeting ended:Recent indicators suggest that economic activity has...