Business Rundown: Delivery Hubs Strike & Inflation Flashes Warning For The Fed
Amazon warehouse workers are striking this week, pushing for higher wages and improved benefits and safety conditions. A local Teamster president said the strike will last “as long as it takes” but Amazon tells customers last-minute holiday orders will not be impacted. In Washington, the Federal Reserve cut rates by a quarter point–in line with expectations. Fed Chair Jerome Powell signaled that the inflation data guides future rate cut decisions…but is the battle to rein in rising prices over yet? Читать дальше...