Skip to Content

Money

A contract for 75,000 Kaiser Permanente workers expired. Historic US health care strike could start Wednesday

By Eva Rothenberg, CNN (CNN) — A coalition of eight unions representing 75,000 employees of Kaiser Permanente said late Saturday that is has not reached an agreement with the company, setting the stage for the largest healthcare strike in US history on Wednesday. The Coalition of Kaiser Permanente Unions, which has workers at hundreds of

Continue Reading

Residents alarmed as shoplifting incidents trigger store departures: ‘As a community we can’t allow this to continue’

By Parija Kavilanz, CNN New York (CNN) — Lou Martins is angry, frustrated, and disappointed but not surprised that the first Target store to open in Manhattan — in his New York City neighborhood — is closing in October. Target this week cited large-scale theft and safety concerns for employees and customers for its decision

Continue Reading

A contract for 75,000 workers is about to expire. The largest US health care strike in history could be next

By Samantha Delouya, CNN (CNN) — A labor contract for thousands of unionized health care workers across five states and Washington, DC, is set to expire on Saturday at 11:59 pm PT, potentially triggering the largest health care strike in US history. More than 75,000 health care employees who work at hundreds of Kaiser Permanente

Continue Reading

Government shutdown, labor strikes will likely weigh on US consumers’ attitudes

By Bryan Mena, CNN Washington, DC (CNN) — Americans are taking notice of a possible government shutdown and the uncertainty of ongoing labor strikes, according to the University of Michigan’s latest consumer sentiment survey. The university’s Consumer Sentiment Index edged lower by 1.4 points in September, according to a final reading. That means US consumers

Continue Reading

Gas prices heated up inflation last month, but there’s also welcome progress for the Fed

By Alicia Wallace, CNN Minneapolis (CNN) — Higher gas prices heated up overall inflation last month, but the Federal Reserve got some welcome news: Its preferred inflation gauge cooled to its lowest level in two years. The core Personal Consumption Expenditures index, a closely watched inflation measure that excludes gas and food prices, rose 3.9%

Continue Reading

Transactions involving French billionaire Bernard Arnault investigated over suspected money laundering

By Chris Liakos and Martin Goillandeau, CNN Paris (CNN) — French billionaire Bernard Arnault and Russian Oligarch Nikolai Sarkisov are under “preliminary investigation” for their alleged involvement in “transactions likely to constitute money-laundering offences,” the Paris Public Prosecutor’s Office told CNN. The Prosecutor’s Office confirmed earlier reporting from French publication Le Monde. As the subject

Continue Reading