Labor economy

FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, Sept. 18, the Federal Reserve releases its latest monetary policy statement. (AP Photo/Manuel Balce Ceneta, File)
September 18, 2019 - 2:26 pm
WASHINGTON (AP) — A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year while saying it's prepared to continue doing what it deems necessary to sustain the U.S. economic expansion. The Fed's move will reduce its benchmark rate — which influences...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, Sept. 18, the Federal Reserve releases its latest monetary policy statement. (AP Photo/Manuel Balce Ceneta, File)
September 18, 2019 - 2:10 pm
WASHINGTON (AP) — A sharply divided Federal Reserve cut its key benchmark interest rate for a second time this year while saying it's prepared to continue doing what it deems necessary to sustain the U.S. economic expansion. The Fed's move will reduce its benchmark rate by an additional quarter-...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, Sept. 18, the Federal Reserve releases its latest monetary policy statement. (AP Photo/Manuel Balce Ceneta, File)
September 18, 2019 - 12:18 am
WASHINGTON (AP) — The Federal Reserve looks poised to cut interest rates for a second time Wednesday to help extend the economic expansion in the face of global weakness, President Donald Trump's trade war with China and geopolitical risks such as the attacks on Saudi Arabia's oil facilities. The...
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Picketing union members stand-off with a semi-truck attempting to enter the GM Davison Road Processing Center. United Automobile Workers remain on strike against GM on Tuesday, Sept. 17, 2019 in Burton, Mich. (Sara Faraj/The Flint Journal via AP)
September 17, 2019 - 6:25 pm
DETROIT (AP) — Faced with weakening sales, a deteriorating global economy and an unpredictable trade war, General Motors and striking auto workers appeared to be making progress Tuesday toward a four-year labor contract. The two-day walkout by 49,000 workers brought to a standstill more than 50...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. Federal Reserve Chairman Jerome Powell said Friday, Sept. 6, 2019 that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will "act as appropriate to sustain the expansion."(AP Photo/Manuel Balce Ceneta, File)
September 16, 2019 - 12:37 pm
WASHINGTON (AP) — For a second straight time, the Federal Reserve is set to cut interest rates this week to try to protect the economy from the consequences of a global slowdown and President Donald Trump's trade war with China. After that, no one — not even the Fed itself — seems sure what it will...
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In this Thursday, Sept. 5, 2019, photo, a roadside fruit seller waits for customers as vehicles drive past in Noida on the outskirts of New Delhi, India. Confidence in the Indian economy is giving way to uncertainty as growth in the labor-intensive manufacturing sector has come to a near standstill, braking to 0.6% in the last quarter from 12.1% in the same period a year earlier. (AP Photo/Altaf Qadri)
September 16, 2019 - 3:10 am
NEW DELHI (AP) — Anuj Kapoor took over his father's booming auto parts business in 2012, hoping to elevate the company from selling to suppliers to selling directly to carmakers. Seven years later, he's had to lay off half his workers as drooping sales caused his profit to plummet by at least 80%...
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FILE - This May 16, 2014, file photo shows the General Motors logo at the company's world headquarters in Detroit. The United Auto Workers union is letting its contract with General Motors expire just before midnight Saturday, Sept. 14, 2019, increasing the likelihood of a strike as early as Sunday night. (AP Photo/Paul Sancya, File)
September 15, 2019 - 7:30 pm
DETROIT (AP) — The Latest on labor strife at General Motors factories (all times local): 7:20 p.m. United Auto Workers says contract talks with General Motors will resume Monday morning, but the threat of a strike remains. Union spokesman Brian Rothenberg says the negotiations are slated to begin...
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FILE - This May 16, 2014, file photo shows the General Motors logo at the company's world headquarters in Detroit. The United Auto Workers union is letting its contract with General Motors expire just before midnight Saturday, Sept. 14, 2019, increasing the likelihood of a strike as early as Sunday night. (AP Photo/Paul Sancya, File)
September 15, 2019 - 5:06 pm
DETROIT (AP) — The Latest on labor strife at General Motors factories (all times local): 4:55 p.m. Contract talks between the United Auto Workers union and General Motors broke off Sunday and haven't resumed, meaning the union's first national strike since 2007 is very likely. GM's 49,200 UAW...
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FILE - This May 16, 2014, file photo shows the General Motors logo at the company's world headquarters in Detroit. The United Auto Workers union is letting its contract with General Motors expire just before midnight Saturday, Sept. 14, 2019, increasing the likelihood of a strike as early as Sunday night. (AP Photo/Paul Sancya, File)
September 15, 2019 - 12:12 pm
DETROIT (AP) — The Latest on labor strife at General Motors factories (all times local): 11:50 a.m. A person briefed on the bargaining says General Motors has offered the United Auto Workers to make new products at two assembly plants it had planned to close. The person says the company offered to...
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FILE - This May 16, 2014, file photo shows the General Motors logo at the company's world headquarters in Detroit. The United Auto Workers union is letting its contract with General Motors expire just before midnight Saturday, Sept. 14, 2019, increasing the likelihood of a strike as early as Sunday night. (AP Photo/Paul Sancya, File)
September 15, 2019 - 11:48 am
DETROIT (AP) — The Latest on labor strife at General Motors factories (all times local): 10:45 a.m. General Motors says it presented what it believes was a strong offer to the roughly 49,000 workers at its U.S. plants, including improved wages and benefits and investments in eight facilities in...
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