Labor and Jobs – Page 236

Unions Vow to Bring France to a ‘Standstill’ Over Macron’s Pension Plan

Travel, schools and services were disrupted by nationwide strikes and protests for a sixth time as the battle over the retirement age intensified.

By Catherine Porter and Aurelien Breeden

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Fed Chair Opens Door to Faster Rate Moves and a Higher Peak

In light of recent strong data, Jerome H. Powell said that the Federal Reserve is likely to raise rates higher than expected.

By Jeanna Smialek

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Debt Default Would Cripple U.S. Economy, New Analysis Warns

As President Biden prepares to release his latest budget proposal, a top economist will warn lawmakers that Republicans’ refusal to raise the nation’s borrowing cap could put millions out of work.

By Jim Tankersley

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Why the Federal Reserve Won’t Commit

Facing huge economic uncertainty, the Fed is keeping its options open. Jerome H. Powell, its chair, will most likely continue that approach on Tuesday.

By Jeanna Smialek