Economy

Economy

UAW's Strike Against GM Brings To Mind Last Century's Labor Battles

5:32am September 20, 2019

by Scott Horsley

There was a time when a strike at General Motors shocked the economy. In an era of global competition and changing tastes, neither GM nor the United Auto Workers are as powerful as they once were.

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A new study found that investors were significantly more likely to bet a company's stock price was going to increase if the company had more women on staff compared with other companies.

Economy

Investors May Prefer Companies With More Women In The Workforce

5:00am September 20, 2019

by Peter Talbot

A new study found investors were significantly more likely to bet a company's stock price was going to increase if the company had more women on staff compared with other companies.

Cameron and Katlynn Fischer celebrated their April wedding in Colorado. But the day before, Cameron was in such bad shape from a bachelor party hangover that he headed to an emergency room to be rehydrated. That's when their financial headaches began.

The Real Bachelor Party Hangover: A $12,460 ER Bill

4:10pm September 19, 2019

by Markian Hawryluk

The high ER charge for treating one Colorado groom's hangover the day before his wedding illustrates how emergency room bills have become major headaches for many Americans.

Fed Cuts Interest Rates To Keep Economy Strong, Chairman Powell Says

9:55am September 19, 2019

NPR's Steve Inskeep talks to David Wessel, director of the Hutchins Center at the Brookings Institution, about the Federal Reserve lowering interest rates a quarter percentage point.

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Closed GM Plant Is Part Of Larger Negotiating Strategy For Striking UAW

6:37am September 19, 2019

by M.L. Schultze

As the GM strike continues, we return to the Lordstown plant in Ohio that made Chevy Cruzes before being closed. What do workers there think about the role their former plant plays in negotiations?

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News Brief: Saudi Oil Attack, Trudeau's Brownface, Fed Lowers Rates

6:29am September 19, 2019

Evidence mounts that Iran was behind attacks on Saudi oil facilities. Canada's prime minister apologizes for a brownface costume at 2001 party. And, the Federal Reserve lowers interest rates.

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Assemblywoman Lorena Gonzalez, D-San Diego, speaks at an August 28 rally in Sacramento, Calif., calling for passage of AB5 to limit when companies can label workers as independent contractors.

Economy

California Governor Signs Law Protecting Gig Economy Workers

7:14pm September 18, 2019

by Richard Gonzales

The measure that reclassifies many independent contractors as employees could have national implications for the so-called gig economy.

Federal Reserve Chairman Jerome Powell said the Fed cut rates to "help keep the U.S. economy strong in the face of some notable developments and to provide insurance against ongoing risks."

Fed Cuts Interest Rates To Prop Up The Slowing Economy

5:22pm September 18, 2019

by Scott Horsley

The quarter-percentage-point cut will lower borrowing costs for households and businesses. The move is an effort to prolong the decade-old economic expansion in the face of rising headwinds.

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Day 3 Of The UAW's Strike Against GM And The Sides Are Very Far Apart

7:31am September 18, 2019

by Tracy Samilton

The key issues that remain unresolved are health insurance benefits, and the carmaker's reliance on temporary workers. The very far apart language leads some to believe the strike could be a long one.

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Economy

Locked And Loaded: The U.S., Saudi Arabia and Iran

3:27pm September 17, 2019

Houthi rebels in Yemen initially claimed responsibility for attacks on oil in Saudi Arabia, but U.S. officials say they know who the real "culprit" is.