Tag: U.S. News

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...

Caroline Ellison begins 2-year sentence for role in Bankman-Fried's FTX fraud

DANBURY, Conn. -- Caroline Ellison, a former top executive in Sam Bankman-Fried ’s fallen FTX cryptocurrency empire, began her two-year prison sentence Thursday...

Slightly more Americans apply for unemployment last week; layoffs remain low

The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels.The Labor Department reported Thursday...

Federal Reserve is set to cut interest rates again as post-election uncertainty grows

WASHINGTON -- Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady...