Fed unlikely to raise interest rates this week
Fed officials are not expected to hike rates at a meeting amid signs of a strong economy and low inflation. Analysts warn stock swings and a rising dollar could influence policy, with future rises possible as inflation threats emerge.
MENTIONED IN THIS ARTICLE
Fed
Washington
Federal Reserve
Greenspan
United Parcel Service
UPS
John Challenger
Challenger, Gray and Christmas Inc
David Wyss
DRI McGraw Hill Inc
Sung Won Sohn
Norwest
Minneapolis
Sohn
Navistar truck plans on hold after mixed vote
Navistar International plans to build a new medium-duty truck in Springfield Ohio are paused after a mixed union vote. Overall master contract ratified nationwide by 63 percent but local changes for the NGT plant were rejected in Indianapolis. talks continue with United Auto Workers.
MENTIONED IN THIS ARTICLE
Springfield
Navistar International Transportation Corp
Ohio
Navistar
Andy Ovila
Indianapolis
Opila
United Auto Workers
Chicago
Larry Bay- Jess
UAW
Springfield-area
Urbana
NGT
Local 402
Local UPS drivers win labor victory on Warden Avenue
UPS workers at the Warden Avenue depot in Elyria celebrate a labor victory after a strike. Teamsters Local 571 members say the settlement will change how companies and unions negotiate, with drivers like Jim Anton noting higher pay and benefits for part-time staff.
MENTIONED IN THIS ARTICLE
Elyria
United Parcel Service
Warden Avenue
UPS
Jim Anton
North Ridgeville
Anton
Teamsters Union Local 571
Veante Hirkyfira Hove A
John Clement
Grafton
Clement
Stock Market Recovers After Friday SCARE on Monday
On Wall Street the Dow Jones rose 108.70 to 7808.36 after a 247 point Friday drop. Investors bought as Monday session ended, offsetting early losses led by Hewlett Packard earnings miss and cautious guidance from Coca Cola and Gillette.
MENTIONED IN THIS ARTICLE
Greenspan
Wall Street
New York
Dow
Larry Rice
Opening Stocks Rally as Tech Firms Lead Early Gains
New York early prices show a broad stock surge led by technology and financials with notable gains for major names such as Apple and Coca Cola among others. Investors track volatile shifts across the NYSE list as market activity climbs in morning trading.
MENTIONED IN THIS ARTICLE
New York
NYSE
Byty Ray
BSS
Garcone
IAS Bankams
BayNink
Init
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Columbus
Neb
Cleveland
Josephthal
Lyon & Ross
Hewlett-Packard
Coca-Cola
Gillette
Ape Ione
Coca Colas Cohcas
Cmpassa
Comms Compass
Daythut Digital
Brey
Enon
Enrang
Eghpe
Enns FanciNa
FedEps
FaDalas
Giacen
AMM
Bas Oro
Biaoo
Lucent
Hm South
Siso Ste
Ah Meilyns
Hpis Abo
Ls Noble
NuevEny
BOS Bis Ste
Pepboy
BES
PepsCo
Royitu
AH Sarates
Tate
Unisis
WalMart
Walgins