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UAW Mack Trucks union members to join striking Detroit autoworkers on picket lines after voting down tentative deal
UAW members attend a rally in support of the labor union strike at the UAW Local 551 hall on the South Side on October 7, 2023 in Chicago, Illinois. Jim Vondruska | Getty Images DETROIT – About 3,900 United Auto Workers members with Mack Trucks will go on strike Monday after a majority of members […]
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UAW Mack Trucks deal could be a test for worker demands amid Detroit automaker negotiations
Striking United Auto Workers members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan, on Sept. 29, 2023. Rebecca Cook | Reuters DETROIT — United Auto Workers members with Volvo Group-owned Mack Trucks will vote this weekend on a tentative agreement that falls significantly short of what the union is demanding in […]
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U.S. 10-12 months yield jumps back near 16-12 months higher soon after greater-than-envisioned work opportunities report
U.S. Treasury yields rose Friday, with the 10-yr nearing a 16-calendar year higher right after the newest jobs data came in more robust than economists predicted. The produce on the 10-12 months Treasury was up by 13 foundation points at 4.851%. It had strike a new 16-year substantial before in the 7 days, soaring as […]
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Kaiser Permanente workers strike for second day after negotiations fail to reach labor contract
Kaiser Permanente employees, joined by Union members representing the workers, walk the picket line in Los Angeles, California on October 4, 2023. Frederic J. Brown | AFP | Getty Images Tens of thousands of Kaiser Permanente workers remained on strike for a second day after negotiators failed to reach an agreement to end a dispute […]
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10-year Treasury generate rises a bit forward of Friday’s work opportunities report
Extended-length Treasury yields rose again on Thursday as buyers awaited a crucial work opportunities report to gauge the route of financial coverage. The produce on the 10-yr Treasury climbed 3 foundation details to 4.759%. It had risen as significant as 4.884% on Wednesday, hitting a 16-12 months high. The produce on the 30-year Treasury was […]
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GM secures new $6 billion credit line as UAW strike costs reach $200 million
DETROIT – General Motors secured a new $6 billion line of credit as the automaker braces for additional strikes by the United Auto Workers union. “The facility that we announced today is a $6 billion line of credit that I think is prudent in light of some of the messages that we’ve seen from some […]
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More than 75,000 workers to strike at hundreds of Kaiser Permanente health facilities across U.S.
A Kaiser Permanente health care center is pictured in Anaheim, California, U.S., October 3, 2023 as more than 75,000 Kaiser Permanente healthcare workers could go on strike from Oct. 4 to Oct. 7 across the United States. Mike Blake | Reuters Workers at Kaiser Permanente — the nation’s largest health-care nonprofit organization — began a […]
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10-calendar year Treasury produce reaches optimum stage in 16 several years
The 10-year Treasury yield, which serves as a benchmark for mortgage loan prices and as an trader self confidence barometer, on Tuesday surged to its greatest amount considering the fact that 2007. As of 9:49 a.m. ET, the notice rose far more than 2 basis points to strike 4.71% as traders regarded the point out […]
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Kaiser Permanente union workers poised to strike after contract expires
A sign is posted on the exterior of the Kaiser Permanente Vallejo Medical Center on September 08, 2023 in Vallejo, California. Justin Sullivan | Getty Images More than 75,000 workers at the largest nonprofit private health-care provider in the United States are poised to strike Wednesday after negotiations failed to reach an agreement over the […]
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CNBC Day-to-day Open: September market-off, October bounce?
Traders work on the flooring of the New York Stock Trade for the duration of afternoon investing on September 26, 2023 in New York Metropolis. Michael M. Santiago | Getty Pictures Information | Getty Photos This report is from present day CNBC Day-to-day Open, our new, intercontinental markets newsletter. CNBC Every day Open delivers buyers […]
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