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National Labor Relations Board Financial Markets

The National Labor Relations Board is an independent agency of the United States federal government created in 1935 as part of the National Labor Relations Act. The Board consists of five presidentially-appointed... more +
The National Labor Relations Board is an independent agency of the United States federal government created in 1935 as part of the National Labor Relations Act. The Board consists of five presidentially-appointed members, who are charged with overseeing union elections and hearing complaints of unfair labor practices under the NLRA.    less -
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Fed Chair Primes Wall Street for Aggressive Rate Hikes in 2022

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Back at it. Let’s dive right in. Fed Chair Powell Jay Powell went on the record to start the week with an attempt to prepare markets for the central bank’s big moves ahead “in its quest to cool off demand and temper...more

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Russia Invades Ukraine, Sending Markets Into Disarray

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As Russian troops advance into Ukraine, we chew on more of what the conflict there will mean for the U.S. economy—from markets to commodities to “spook[ing] American consumers”...more

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Fed Vice Chair Resigns in Wake of Trading Scandal

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Fed Vice Chair Richard Clarida is heading to the door earlier than planned in what appears to be continuing fallout from 2020 trades he made “as the central bank was poised to rescue financial markets.” Clarida corrected his...more

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Financial Daily Dose 11.30.2021 | Top Story: Twitter CEO Jack Dorsey Resigns

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Twitter CEO Jack Dorsey is stepping down, effectively immediately, from the site he co-founded in 2006. He was replaced by company CTO Parag Agrawal, “who has recently been working on technologies associated with...more

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Financial Daily Dose 11.3.2021 | Top Story Facebook Shuts Down Decade Old Facial Recognition System

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Prompted by concerns over privacy, “government investigation, a class-action lawsuit and regulatory woes,” Facebook is planning to “shut down its decade-old facial recognition system this month, deleting the face scan data of...more

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Financial Daily Dose 9.30.2021 | Top Story: Congress Nears Short-Term Deal to Fund Government

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Congressional leaders have reportedly reached a last-minute short-term deal to “avert a government shutdown” before today’s midnight deadline. Plenty of issues—including the need to raise the debt ceiling and the status of...more

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Financial Daily Dose 8.31.2021 | Top Story: China Clamps Down on Gaming for Kids and Teens

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Forget Big Brother and meet Big Parent, as Beijing released new strict limits “on how long minors can play online video games” on Monday. The rules, which bar kids and teens from online gaming on school days and limit them to...more

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Financial Daily Dose 8.5.2021 | Top Story: Robinhood Stock Surges a Week After Its Dismal Debut

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Robinhood, the trading app that helped facilitate the pandemic-era rise of meme stock craziness, has gone meme-level itself this week, with its shares rising more than 65% at one point on Wednesday before Nasdaq briefly...more

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Financial Daily Dose 8.3.2021 | Top Story: NLRB Officer Urges Board to Order Amazon Union Re-Vote

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Big union news on Monday, with a NLRB hearing officer advocating for the Board to set aside the results of an early April union election at the Amazon warehouse in Bessemer, Alabama based on the ‘zon allegedly “illegally...more

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Financial Daily Dose 4.6.2021 | Top Story: Treasury Sec. Yellen Proposes Global Minimum Tax Rate for Multinational Businesses

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Back at it. Let’s get caught up . . . Treasury Secretary Janet Yellen is calling for a global minimum tax rate on multinational corporations, a move aimed at helping “prevent companies based in other countries from having a...more

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Financial Daily Dose 12.3.2020 | Top Story: New U.S. Law Would Delist Chinese Companies Who Refuse Outside Audits

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A new bill that has now passed the House would further increase oversight of “Chinese companies listed on American stock markets, the latest attempt by the United States to scrutinize financial ties with China.” The law...more

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Financial Daily Dose 2.26.2020 | Top Story: CDC Warning About COVID-19 in the US Sends Stocks Tumbling Again

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A stark warning from the Centers for Disease Control that Americans should prepare for a COVID-19 outbreak sent stocks tumbling again on Tuesday, with the S&P 500 closing down 3% (and firmly in the red for the year) by the...more

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Your Daily Dose of Financial News

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More than 800,000 government employees missed their first paycheck last Friday because of the continuing government shutdown. But the pain extends well beyond those workers and has put loads of government contractors in a...more

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Your Daily Dose of Financial News

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The DOJ is expanding its Wells Fargo sales probe into the bank’s wealth management division, a troubling move for an organization still trying to right the ship in its retail-banking unit where the sham-account scandal...more

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