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Friday, September 15
by
ABC News
Some small businesses caught in culture wars face financial woes, employee fears: ‘Never been as bad’
(DALLAS) -- When Republican Texas Gov. Greg Abbott declared a war on "woke" earlier this year with a proposal that would require booksellers to rate texts before selling them to school districts, he caught the attention of a small wholesaler in St. Louis who ...
Friday, September 15
by
ABC News
UAW launches strike against Big 3 automakers
(NEW YORK) -- A union representing nearly 150,000 autoworkers launched a strike early Friday morning against the Big 3 U.S. automakers -- General Motors, Ford and Stellantis.The United Auto Workers, or UAW, and the car manufacturers failed to reach a contract agreement before a ...
Thursday, September 14
by
ABC News
Strike against automakers could slow US economy, trigger job losses
(DETROIT) -- A potential strike at the Big 3 U.S. automakers -- General Motors, Ford and Stellantis – would threaten the livelihood of up to 143,000 workers and the bottom line at some of the nation's top companies.The economic fallout, however, could extend far ...
Thursday, September 14
by
ABC News
MGM reeling from cyber ‘chaos’ 5 days after attack as Caesars Entertainment says it was hacked too
(NEW YORK) -- Five days after a cyberattack crippled operations of MGM Resorts International, including its signature Las Vegas properties the Bellagio and the MGM Grand, the company said Thursday morning it is still working to resolve issues as another major resort operation, Caesars ...
Thursday, September 14
by
ABC News
Auto union president says they may strike all three automakers ‘at once’ as deadline nears
(DETROIT) -- As the strike deadline set by the United Auto Workers union approaches, the union's president said that, for the first time in history, they are prepared to strike all three automakers at once."We're going to be doing things differently this time around," the ...
Wednesday, September 13
by
ABC News
Auto union president says they may strike all 3 automakers ‘at once’ as deadline nears
(DETROIT) -- As the strike deadline set by the United Auto Workers union approaches, the union's president said that, for the first time in history, they are prepared to strike all three automakers at once."We're going to be doing things differently this time around," the ...
Wednesday, September 13
by
ABC News
Inflation ticked up for 2nd consecutive month in August
(NEW YORK) -- Consumer prices rose 3.7% in August compared to a year ago, marking the second consecutive month of increased inflation and suggesting a bumpy path in the effort to bring inflation back down to normal levels, government data on Wednesday showed.The fresh data ...
Wednesday, September 13
by
ABC News
Auto union negotiations making ‘slow’ progress as strike looms, UAW president says
(DETROIT) -- As the strike deadline set by the United Auto Workers union approaches, negotiations with the Big Three automakers are making "slow" progress, with at least one meeting planned for Wednesday, said Shawn Fain, president of the union."Can we get there? Yes, we can, ...
Wednesday, September 13
by
ABC News
Ford CEO ‘very optimistic’ about reaching agreement with auto workers’ union as strike looms
(NEW YORK) -- About 146,000 auto workers are prepared to strike this week if their demands are not met by their employers – Big Three automakers General Motors, Ford and Stellantis.Members of the United Auto Workers union are threatening to walk off their jobs in ...
Wednesday, September 13
by
ABC News
US poverty rate jumped in 2022, child poverty more than doubled: Census
(WASHINGTON) -- The poverty rate in the United States increased last year, the first increase in 13 years, according to the Census Bureau.In 2022, the poverty rate was 12.4%, up 4.6% from 2021, according to the Supplemental Poverty Measure (SPM), which looks at government ...
Wednesday, September 13
by
ABC News
How technologies are helping shape surge of worker strikes in US
(NEW YORK) -- A surge of work stoppages this year involving hundreds of thousands of employees has drawn attention to bold demands over wage increases and benefits as unions pursue raises that outpace rapid price hikes.However, at a moment when a tight job market ...
Wednesday, September 13
by
ABC News
Data to show if inflation reduction continued or hit rough patch
(NEW YORK) -- Wall Street and Washington, D.C., will closely watch the release of fresh inflation data on Wednesday that could reveal whether a monthslong cooldown of price increases returned to form in August or struck a rough patch as inflation nears normal levels.The ...
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