Helped by an easing of price increases for fuel and other goods, the rate of inflation in November edged down from a 41-year high.
Category: Wages and Salaries
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U.K. Inflation Rate Slows to 10.7 Percent
The New York Times – Business: -
Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?
The New York Times – Business:Economists misjudged how much staying power inflation would have. Next year could be better — but there’s ample room for humility.
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Why Is Howard Schultz Taking This So Personally?
The New York Times – Business:His opposition to a union isn’t primarily about the bottom line, friends say. It clashes with his image of Starbucks as a model employer.
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Workers at E.V. Battery Plant in Ohio Vote to Unionize
The New York Times – Business:The result, at a plant owned by General Motors and a South Korean company, is a milestone for the auto union in organizing electric vehicle workers.
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Griner’s Detention Showed the Strength and the Struggle in Women’s Sports
The New York Times – Sports:The W.N.B.A.’s players and fans pushed furiously for Brittney Griner’s release from a Russian penal colony, but her plight also highlighted gender inequities in sports.
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Out of the Public Eye, a Debate Is Raging Over a Postwar Ukraine Economy
The New York Times – Business:Beyond the enormous cost of rebuilding the country are difficult and delicate choices about how to best connect the nation to European markets and commerce.
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New York Times Union Announces One-Day Strike
The New York Times – Business:Negotiators for the company and the union, which represents most of the newsroom, have failed to come to an agreement on salaries, health and retirement benefits, and other issues.
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U.K. Braces for Strikes Across Several Industries Through Christmas
The New York Times – Business:Job actions by ambulance staff, nurses, rail workers and others will hit Britain every day between now and Dec. 25.
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Biden Loves the Jobs Report, but the Fed Likely Does Not
The New York Times – Business:The president is celebrating a jobs engine that is running hot; Federal Reserve officials want to see more signs of slowing growth amid their campaign to tame inflation.
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$150 World Cup Jerseys Made by Workers Getting $2.27 a Day
The New York Times – Business:Garment workers in Myanmar earn less than $3 a day to produce soccer apparel for Adidas. Some say they were fired after asking factory owners for a raise.
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Powell says that rates will rise more and remain high ‘for some time.’
The New York Times – Business:The Federal Reserve chair said the central bank will keep lifting rates to control price increases, and played down a recent cooling in inflation.
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Some Rail Workers, Seeking Sick Days, Say Biden Betrayed Them
The New York Times – Business:The request for Congress to impose contract terms that several unions had rejected rankled rank-and-file members who had rallied behind the president.