U.S. consumer prices were unexpectedly unchanged in May, but inflation likely remains too high for the Federal Reserve to start cutting interest rates before September.
Read More US consumer prices unchanged in May; rate-cut expectations rise
Tag: U.S. President Joe Biden
UAW’s influence tested in pivotal Alabama Mercedes-Benz factory union vote
The outcome of a vote on Friday by workers at a Mercedes-Benz factory in Alabama will be a key referendum on whether the UAW can maintain momentum in the historically anti-union South.
Read More UAW’s influence tested in pivotal Alabama Mercedes-Benz factory union vote
Exclusive: Google parent Alphabet weighs offer for HubSpot, sources say
The potential acquisition would be Alphabet’s largest ever and allow it to put some of its cash pile, which reached $110.9 billion as of the end of December, to work.
Read More Exclusive: Google parent Alphabet weighs offer for HubSpot, sources say