Railroad workers have reached a new tentative union contract with rail companies, averting a potential strike set to start on Friday that could have shut down rail service across the United States. The deal, which has yet to be released in writing and ratified by union members, is said to grant one paid sick day to workers, allow workers to attend medical appointments without being subject to attendance policies, and give a “semblance of a schedule” to rail workers, who are currently on call to work 24/7.
Economics
Markets Insider: Commodity prices from copper to wheat are collapsing – and that could flip global inflation into deflation
Global inflation is likely to swing to deflation in the next six months, Societe Generale said this week. The bank said such a development would follow what’s been a fast collapse in commodity prices. Agricultural […]
Economics
CNN: Amazon defeated the union vote. What happens next?
Amazon has soundly defeated a landmark union drive that would have established the company’s first US union, but labor advocates are hopeful that the high-profile fight will nonetheless be successful in spurring support for broader […]
Austerity
Bloomberg: College Grads Sell Stakes in Themselves to Wall Street
So we have it again. The commodification of human beings. It used to be known as slavery, now it is called “income sharing”. Isn´t the Sharing Economy so wonderful! Read here
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