5 things to know before the stock market opens Friday
Here are the most important news items that investors need to start their trading day. Source link
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Labor economy
Here’s why the UAW’s record deals with GM, Ford and Stellantis aren’t getting full support
The deals, which were recommended for ratification by UAW leaders, are each currently on pace to pass. Yet they've received
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Stellantis offers buyouts to roughly half of U.S. salaried workers
This marks the second round of salaried buyouts this year for Stellantis and comes weeks after a tentative deal with
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Public workers may receive reduced Social Security benefits. There’s growing support in Congress to change that
Social Security rules aim to make it so benefits reward all workers equally. There's growing support in Congress to revisit
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SpaceX worker injuries rise as Elon Musk accelerates Mars mission, report says
Reuters documented at least 600 previously unreported workplace injuries at Musk’s rocket company. Source link
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Social Security’s trust funds may run out in 2034. These changes may help
Social Security's funds may run out in the next decade, when 80% of benefits will be payable. Implementing certain changes
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Caesars reaches deal with Las Vegas union to avoid strike
The agreement averts a walkout by 10,000 Caesars employees on the Las Vegas strip. Source link
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TikTok owner ByteDance offers employees buyback option at higher price to boost confidence
The buyback plan comes after a challenging few years for ByteDance, which has faced tougher regulation, a fall in valuation
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Gen Z, millennials have a much harder time ‘adulting’ than their parents did, CNBC/Generation Lab survey finds
While Gen Zers and millennials are perceived as having a hard time meeting financial milestones, "glimmers of optimism" stand out,
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