Similar union-labor events took place in * a href="https://newswire.storyful.com/storylines/*/stories/239179/preview" target="_blank" rel="nofollow noopener" *Washington, Pittsburgh , New York , and other cities across the country. Another striking McDonald's employee named Adriana Alvarez, who spoke to the media before the strike, said McDonald's didn't give PPE (personal protective equipm... [Full Article...]
And as if all that wasn't worrisome enough, Republicans don't even have their priorities solidified enough yet to start talking to Democrats to hammer something final out. Sen. John Thune of South Dakota criticized the payroll-tax cut and said a stimulus check would generate bigger economic benefits. Ernie Tedeschi, a former Treasury Department economist, noted in a series of tweets Tuesday th... [Full Article...]
The rates will be cut again from January 2021 to 1,000 Australian dollars (702.8 US dollars) and 650 Australian dollars (456.8 USA dollars) per fortnight for full-time and part-time workers respectively. Labor broadly supports the changes so they will sail through parliament. Australia now has double-digit unemployment and is set for its first recession in nearly three decades. [Full Article...]
Heather Bellini, a Goldman Sachs analyst, increased the price target on the company's stock from $3000 to $3800, while boosting her projected estimates on the company's revenue for the year to $361.5b, up 3.4 per cent. He owns about 11.2% of Amazon. The Amazon founder's former wife Mackenzie Bezos also saw a rise of $4.6 billion in her net worth on the day, making her the 13th richest individu... [Full Article...]
The benchmark Brent crude LCOc1 dropped by 24 cents, or 0.6%, to $42.90 per barrel, while West Texas Intermediate (WTI) futures CLc1, in turn, were down 23 cents, or 0.6%, to $40.36 earlier in the day. He added that although COVID-19 "has been cornered" in Europe, "the Americas and some Asian states have still a long way to go". "This could be a positive for oil demand prospects". [Full Article...]
The Australian dollar increased to 0.7011 US dollar from 0.7000 dollar. The day's news helped push the euro to its highest level in more than four months against the USA dollar, while the Nasdaq reached a new high - its seventh record in July. [Full Article...]
The UK government announced Tuesday that it will give above-inflation pay rises to 900,000 public workers - including teachers, police officers, doctors and dentists , and senior civil servants. "It's right therefore that we follow the recommendations of the independent pay bodies with this set of real-terms pay rises". There are 12,220 more nurses and health visitors working for the NHS this yea... [Full Article...]
The move comes at a time when retailers are rethinking their plans for the holiday shopping season as coronavirus cases rise, prompting concerns over crowds in stores. "Throughout all of this, Walmart associates have continued to help their fellow Americans get the food, medicine, supplies, and support they've needed", U.S. [Full Article...]