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Disney World union members reject contract offer

3 years 7 months ago
Unionized workers at Disney World have rejected a contract proposal from the company that would have given them at least a $1 an hour raise each year over the five-year life of the rejected offer.

US backing off Saudi Arabia over oil production cuts marks a significant reversal for Biden

3 years 7 months ago
Several months after President Joe Biden promised Saudi Arabia would suffer "consequences" after the Saudi-led OPEC+ oil cartel unexpectedly announced it would cut production, the Biden administration has no plans to take proactive steps to punish -- let alone significantly reorient its posture toward -- the oil-rich Middle East kingdom, multiple sources on Capitol Hill and in the administration tell CNN.

Is the Fed ignoring long Covid in its inflation fight?

3 years 7 months ago
Federal Reserve officials have for months blamed a dwindling supply of US workers for elevated inflation levels. During his December press conference, Fed Chair Jerome Powell said that Covid-related deaths accounted for a large chunk of the structural labor shortage in the economy.
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