500 Starbucks locations have voted to unionize

500 Starbucks locations have voted to unionize

Demonstrators protest outside a closed Starbucks Corp. location at 505 Union Station in Seattle, Washington, US, on Saturday, July 16, 2022.  David Ryder | Bloomberg | Getty Images Baristas at a Starbucks in Bellingham, Washington, became the 500th store to join the Starbucks Workers United union on Monday. Since the first location voted to unionize … Read more

Are immigrants taking jobs from U.S. workers? Here’s what economists say

Are immigrants taking jobs from U.S. workers? Here’s what economists say

The first debate between Vice President Kamala Harris and former President Donald Trump is shown on television at the Juventud 2000 migrant shelter in Tijuana, Mexico, on Sept. 10, 2024. Immigration has been a hot topic throughout the presidential campaign. Carlos Moreno/NurPhoto via Getty Images The idea that immigration has a negative impact on the … Read more

How Gen X can boost retirement savings

How Gen X can boost retirement savings

The oldest Gen Xers are turning 59 this year, and once they reach 59½, they can begin making penalty-free withdrawals from their 401(k)s and individual retirement accounts. However, nearly 70% of Gen X, which is comprised of Americans between the ages of 44 and 59, feel behind on their retirement savings, according to a new … Read more

73% of Amazon workers considering quitting after 5-day RTO mandate

73% of Amazon workers considering quitting after 5-day RTO mandate

Amazon workers have until January before they’ll be expected in corporate offices five days a week, but some aren’t expecting to stick around that long. In a recent survey of 2,585 Amazon employees on anonymous job review site Blind, 73% said they are considering looking for a new job following CEO Andy Jassy’s recent memo … Read more

New Starbucks CEO Brian Niccol commits to working with union

New Starbucks CEO Brian Niccol commits to working with union

A Starbucks worker wears a t-shirt and button promoting unionization on April 7, 2022, in Chicago.  John J. Kim | Chicago Tribune | Tribune News Service | Getty Images Starbucks CEO Brian Niccol said the coffee chain is committed to bargaining in good faith with the union that represents many of its baristas, as the … Read more

CNBC Daily Open: Vaguely reassuring Fedspeak

CNBC Daily Open: Vaguely reassuring Fedspeak

A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Sept. 18, 2024.  Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, … Read more

CNBC Daily Open: Fedspeak reassures markets

CNBC Daily Open: Fedspeak reassures markets

Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 7, 2024.  David Swanson | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed … Read more

Boeing sweetens labor proposal in ‘best and final’ offer

Boeing sweetens labor proposal in ‘best and final’ offer

Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon.  Jordan Gale | AFP | Getty Images Boeing on Monday sweetened a contract offer and said it was its “best and final” proposal for its more than 30,000 machinists as their strike, which has halted most of the … Read more

Japan is pushing a 4-day working week — but its workaholic culture makes it a hard sell

Japan is pushing a 4-day working week — but its workaholic culture makes it a hard sell

An office worker studying electronic diagrams on a computer at control-panel maker in Japan. Bloomberg | Bloomberg | Getty Images Japan has ramped up its push for companies to adopt a four-day workweek, but those efforts face steep challenges in a country famous for its workaholic culture. The Japanese government recently initiated a “work style … Read more

China’s youth unemployment hits fresh high in August as economy slows

China’s youth unemployment hits fresh high in August as economy slows

A job fair in China’s southwestern city of Chongqing on April 11, 2023. Str | Afp | Getty Images China’s youth unemployment rate in August rose to the highest level since the new system of record-keeping began in December, driven by an economic slowdown and restrictive hiring policies, according to analysts. The jobless rate for … Read more