Yes, AI burnout is already happening at work

Yes, AI burnout is already happening at work

Companies are talking up a storm about artificial intelligence and generative AI implementations, and many are moving ahead with deployments. But there might be a danger of employee burnout from moving too fast into AI, and businesses need to guard against this even as they enthusiastically jump into using the technology. One concern is resource … Read more

UAW president slams Stellantis CEO over job cuts, alleged price gouging

UAW president slams Stellantis CEO over job cuts, alleged price gouging

UAW President Shawn Fain chairs the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan, U.S., March 27, 2023.  Rebecca Cook | Reuters DETROIT – United Auto Workers President Shawn Fain ratcheted up criticism of Stellantis CEO Carlos Tavares in a video Friday afternoon, accusing the chief executive of price gouging consumers and failing to … Read more

Alaska Airlines flight attendants reject new contract

Alaska Airlines flight attendants reject new contract

An Alaska Airlines Boeing 737-900ER aircraft on the tarmac at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Monday, Jan. 22, 2024.  David Ryder | Bloomberg | Getty Images Alaska Airlines flight attendants rejected a new labor deal that would have come with immediate raises averaging more than 24%, their union said Wednesday, setting … Read more

UAW hits Trump, Musk with federal labor charges over union busting

UAW hits Trump, Musk with federal labor charges over union busting

This combination of pictures shows Elon Musk, left, and Donald Trump, right. Afp | Getty Images The United Auto Workers on Tuesday filed federal labor charges with the National Labor Relations Board against former President Donald Trump and billionaire Elon Musk for publicly applauding the practice of firing employees who threaten to strike. “I look … Read more

Harris matches Trump proposal to ban taxes on tips at Las Vegas rally

Harris matches Trump proposal to ban taxes on tips at Las Vegas rally

U.S. Vice President Kamala Harris (L) and Former President Donald Trump Reuters Vice President Kamala Harris pledged to eliminate taxes on tips in the service and hospitality sectors if she wins the presidency, echoing the same proposal former President Donald Trump announced months earlier. Both candidates promised tax-free tips at separate rallies in Las Vegas, … Read more

10-year Treasury yield dips as traders weigh state of U.S. economy after latest data

10-year Treasury yield dips as traders weigh state of U.S. economy after latest data

U.S. Treasury yields were lower Friday as investors continued to assess the state of the U.S. economy after labor data buoyed sentiment. The yield on the 10-year Treasury was around 4 basis points lower at 3.961% at 6:18 a.m. ET, nonetheless holding near the level it was at last week before a weak U.S. jobs report helped trigger … Read more

10-year Treasury yield jumps above 4.00% after jobless claims decline

10-year Treasury yield jumps above 4.00% after jobless claims decline

U.S. Treasury yields rose Thursday as Wall Street assessed weekly jobless claims data that came in below expectations, easing concern from July’s payroll report last week that the labor market was weakening. The yield on the 10-year Treasury was around 2 basis points higher at 3.992%. The yield on the benchmark is near its highest … Read more

U.S. Treasurys: recession concerns take hold

U.S. Treasurys: recession concerns take hold

Treasury yields dropped on Monday, as investors flocked to traditionally safer assets amid a global stock market sell-off on concerns a U.S. recession could take hold in the near future. At 7:20 a.m. ET, the yield on the 10-year Treasury was down by 5 basis points at 3.745% — hitting its lowest levels since July … Read more

UAW union endorses Vice President Kamala Harris over Trump

UAW union endorses Vice President Kamala Harris over Trump

U.S. Vice President Kamala Harris speaks during an NCAA championship teams celebration on the South Lawn of the White House in Washington, D.C., on July 22, 2024. Andrew Harnik | Getty Images The United Auto Workers on Wednesday endorsed Vice President Kamala Harris over Republican presidential nominee and former President Donald Trump. The union’s endorsement … Read more