Fed’s Daly says the economy can handle rate hikes, but a mild recession is possible

[ad_1] Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, November 12 2018. Ann Saphir | Reuters San Francisco Federal Reserve President Mary Daly acknowledged Wednesday that a near-certain series of interest rate hikes over the coming months could … Read more

Weekly jobless claims total 184,000, just above expectations in tight labor market

[ad_1] Initial jobless claims last week were a bit higher than expected but still reflective of a labor market where employers are loathe to fire workers. First-time claims for benefits in the week ended April 16 totaled 184,000, a decline of 2,000 from the previous week but just ahead of the Dow Jones estimate for … Read more

SpaceX signs first Starlink inflight Wi-Fi deal with charter carrier JSX

[ad_1] SpaceX signed its first deal to add Starlink satellite internet to an air carrier’s fleet of planes with semi-private charter company JSX, as Elon Musk’s firm moves into the in-flight Wi-Fi market. JSX CEO Alex Wilcox told CNBC on Thursday that the agreement with SpaceX covers service on up to 100 airplanes. JSX currently … Read more

Tyson Fury hints he will retire after knocking out Dillian Whyte to retain WBC heavyweight title

[ad_1] LONDON, ENGLAND – APRIL 23: Tyson Fury celebrates victory as referee Mark Lyson checks on Dillian Whyte after the WBC World Heavyweight Title Fight between Tyson Fury and Dillian Whyte at Wembley Stadium on April 23, 2022 in London, England. (Photo by Warren Little/Getty Images) Warren Little | Getty Images Sport | Getty Images … Read more

U.S. labor board sues Starbucks over union retaliation claims

U.S. labor board sues Starbucks over union retaliation claims

[ad_1] Members react during Starbucks union vote in Buffalo, New York, U.S., December 9, 2021. Lindsay DeDario | Reuters U.S. labor officials are petitioning a federal court to force Starbucks to bring back activist employees who they say were removed for their union campaigning, according to a Friday filing. The National Labor Relations Board’s Phoenix … Read more