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Most mutual funds don’t beat the market — but what’s ‘the market’ anyway?
The S&P 500 is a high bar for fund managers. The Dow? Not as much.MarketWatch - 3d -
Meatpacking Companies to Pay $8 Million for U.S. Child Labor Violations
Perdue Farms and JBS have settled with the Labor Department after relying on migrant children to do dangerous work in their slaughterhouses. Most of the money will be used to help the children.The New York Times - 3d -
Slaughterhouses Settle 3 Child Labor Cases With Feds
Agribusiness giants Purdue Farms and JBS Foods, along with a slaughterhouse cleaning company, paid about $8.4 millions in fines for having underaged workers in dangerous jobs.Inc. - 4d -
Child labor in slaughterhouses spotlighted by 3 settlements this week
JSB and Perdue Farms agreed to settlements of $4 million each, while QSA, which employed 54 children, will pay $400,000.CBS News - 4d -
Reeves vs the markets
Plus, how Kemi Badenoch and Ed Davey have kicked off 2025Financial Times - 4d -
A stock market sell signal’s been turned off. The market’s more sober.
Fund-manager cash levels are rising, one of a number of indicators showing that last year’s frothy market conditions have subsided and that sentiment has become more sober, Bank of America ...MarketWatch - 4d -
UN labor agency head praises relations with Saudi Arabia during investigation of 2034 World Cup host
The head of the United Nations labor agency says it has good relations with Saudi Arabia during an ongoing investigation of alleged rights abuses by the 2034 World Cup hostABC News - 5d -
How Labor Market Tensions Are Shifting the Advantage to Employers
After commanding better salaries, benefits, and work arrangements for most of the post-pandemic period, employees see the balance now tilting back to bosses, who are focused on cutting costs.Inc. - 6d -
U.S. Blocks Imports From 37 More Chinese Companies Over Forced-Labor Concerns
The latest additions targeted Chinese companies in the critical-minerals, textiles and solar-technology industries.The Wall Street Journal - 6d -
Biden Administration Adds 37 Chinese Companies to Forced Labor List
The administration announced it would penalize its largest-ever batch of companies linked to Xinjiang, including major suppliers of critical minerals and textiles.The New York Times - Jan. 14 -
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Auto & Transport Roundup: Market Talk
Gain insight on Renault, Delta and more in the latest Market Talks covering the Auto and Transportation sectors.The Wall Street Journal - Jan. 10 -
Labor Market Ends 2024 With a Bang
Surprisingly, employers added 256,000 jobs in December 2024, and unemployment ticked down.Inc. - Jan. 10 -
U.S. adds 256,000 jobs, as Biden leaves Trump with sturdy labor market
President Joe Biden will end his term with a relatively healthy labor market as the U.S. added 256,000 jobs in December and the unemployment rate ticked down to 4.1%.NBC News - Jan. 10 -
Friday's jobs report could present a mixed view of the labor market. Here's what to expect
Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.CNBC - Jan. 10 -
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McConnell: Biden selling out to Big Labor by blocking US Steel deal
Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned Nippon Steel. “The Biden administration will leave America’s ...The Hill - Jan. 9 -
Service Workers Union Rejoins AFL-CIO After 20 Years as Labor Girds for Trump 2.0
The Service Employees International Union, which has 2 million members, will renew its affiliation with the umbrella labor union, bringing membership to about 15 million.Inc. - Jan. 9 -
Fed’s Collins says her concerns about labor-market fragility have decreased
The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday.MarketWatch - Jan. 9 -
Militants abduct 16 laborers working on a mining project in restive northwestern Pakistan
Pakistani officials say militants ambushed a vehicle in the restive northwest and abducted 16 laborers working on a mining projectABC News - Jan. 9 -
Dockworkers and port operators strike labor deal, again dodging strike
Automation was at the center of a long-running labor dispute that threatened to close East and Gulf Coast ports.CBS News - Jan. 8 -
Port Strike Averted With Labor Deal Days Before Deadline
Dockworkers and employers on the East and Gulf Coasts had until Jan. 15 to reach a new agreement that settled differences over automation.The New York Times - Jan. 9 -
Job Openings Rise Unexpectedly to 8.1 Million in Resilient Labor Market
Ahead of hiring numbers due out Friday, the Labor Department said the November jump in job openings, up from 7.8 million the month before, shows companies still need workers.Inc. - Jan. 8 -
Lawmakers play the market
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Dozens of lawmakers beat stock market: report More than two dozen lawmakers once ...The Hill - Jan. 8 -
Basic Materials Roundup: Market Talk
Find insight on gold prices, palm oil prices, metals demand and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - Jan. 7 -
Energy & Utilities Roundup: Market Talk
Read about oil prices, Phillips 66, PTT Global Chemical and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - Jan. 7 -
Labor Board Says Google Should Have to Bargain With Contractors’ Union
A National Labor Relations Board complaint says that as a joint employer of workers from IT staffing firm Accenture Flex, the tech giant should be obliged to negotiate with its union.Inc. - Jan. 7 -
Shein's Lack of Answers on China Forced-Labor Concerns Angers U.K. Lawmakers
The bargain clothing site, which is seeking a London stock listing, declined to shed light on whether its clothing contains cotton from Xinjiang.The Wall Street Journal - Jan. 7 -
Financial Services Roundup: Market Talk
Find insight on the hottest housing market in 2025, Banco BPM, Partners Group, and more in the latest Market Talks covering Financial Services.The Wall Street Journal - Jan. 7 -
Job openings reverse long decline, but the U.S. labor market is still not out of the woods
President-elect Donald Trump is inheriting low unemployment after several years of strong postpandemic hiring, but he’s also confronting a weakening labor market in which fewer jobs are available ...MarketWatch - Jan. 7 -
Is the US stock market in bubble territory?
Valuations might be frothy but don’t seem nuttyFinancial Times - Jan. 7 -
At a Beloved Lebanese Market, the ‘Destruction Is Painful’
Israeli raids pummeled the historic souk in the city of Nabatieh, in southern Lebanon. Residents and shop owners are only beginning to come to terms with the damage.The New York Times - Jan. 7 -
John Deere unveils more autonomous farm machines to address skill labor shortage
John Deere has revealed a new line of autonomous machines and tech across agriculture, construction and commercial landscaping.VentureBeat - Jan. 6 -
Energy & Utilities Roundup: Market Talk
Find insight on oil prices, investments in clean energy and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - Jan. 3 -
Auto & Transport Roundup: Market Talk
Find insight on Rivian Automotive, BYD, Li Auto, Tesla and more in the latest Market Talks covering Auto and Transport.The Wall Street Journal - Jan. 3 -
Labor groups cheer Biden dismissal of US Steel sale as businesses bristle
Labor groups applauded as businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over ...The Hill - Jan. 3 -
The coming American labour market shock
Ignore the Fed’s flip-flop and focus on labour dynamicsFinancial Times - Jan. 2