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Search resuls for: "mangers"


3 mentions found


☆ The Fed has to portray itself as tough on inflation even as it pushes through a smaller rate hike
  + stars: | 2022-12-13 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +3 min
"The Fed has been saying for some time that it wants to slow the pace of tightening. The fed funds target rate range is currently 3.75% to 4%. "But then the press conference would cause a bit of a whipsaw if he sounds hawkish," she said. "I think the most interesting thing will be the press conference," said Rick Rieder, BlackRock chief investment officer of global fixed income. "I think we've heard two different types of sentiment from the chair between the latest press conference and Brookings."
☆ Column: Zinc caught between weakening demand and sliding supply
  + stars: | 2022-09-16 | by ( Andy Home | Thomson Reuters | Senior Metals Columnist Who Previously Covered Industrial Metals Markets For Metals Week | ) www.reuters.com   time to read: +6 min
REUTERS/Alexandre MeneghiniLONDON, Sept 16 (Reuters) - The puzzle facing the zinc market is whether demand or supply will fall hardest this year. LME zinc fund net positioningLOW STOCKSThe outright price is falling despite low exchange inventory. Fastmarkets assessments of Antwerp and Italy premiumsSUPPLY HITEurope is at the epicentre of the global zinc supply hit as smelters struggle to cope with soaring power prices. SHIFTING BALANCEZinc's micro dynamics are shifting fast and at the moment it seems that the demand hit is outpacing the supply hit. It's the demand outlook that's weighing on the outright zinc price.
☆ A federal court ordered a New Jersey company and its co-managers to pay $712,000 to staff for deliberately denying overtime pay
  + stars: | 2022-02-11 | by ( Grace Dean | ) www.businessinsider.com   time to read: +3 min
A New Jersey company violated labor laws by not paying staff for the full hours they worked, the DOL said. The firm also failed to keep accurate records of staff hours and wages, the DOL said in a lawsuit. A federal court ordered the company and its co-managers to pay staff $712,000 in back wages and damages. Employees regularly worked between 45 and 54 hours a week, but the company didn't pay staff extra for overtime, the DOL said. The company paid staff in cash for overtime hours and told them not to clock out "to conceal the fact that employees worked more than forty hours a week," per the lawsuit.
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