Shery welcome to daybreak asia. We are counting down to asias major market opens. Haidi asian markets are set for a cautious open ahead of the fed, with bets piling up on higher for longer rates. Treasury yields are getting some of their highest levels since 2007. Oil prices giving u. S. Housing makers a headache before wednesdays fed meeting adding to inflationary pressures while curbing growth. Indonesia pushing it critical deal with the u. S. As the green transition accelerates. We hear exclusively from their president. Shery the newest futures muted as we saw stocks and bonds falling in new york. The s p 500 down to a three week low. It is the eve of the fed Rate Decision and the bets are that centralbank policy makers will deliver. A hawkish hold. Of course we have Higher Oil Prices and you can cwt i at the moment above 91 a barrel. Brent just touched 95 a barrel at one point. Every time we have had Surging Energy costs we have seen the u. S. Tip into a recession in the mid1970s,
The side of a philadelphia home. Tonight that driver is under arrest the story behind this selfie. How a philadelphia girls determination got her this photo with the president ial candidate. First, another Atlantic City casino shutting its doors. The taj mahal closing for good. Good evening, im Ukee Washington im jessica dean. The impending closure is another blow to the struggling resort town, david spunt is live in Atlantic City with reaction tonight. David . Reporter jessica, tough news for these employees here in Atlantic City. I have to tell you that the employees that work here, tell me they just want to get paid. They want to make sure they get their health care, but the people that run this building, tell me they cant afford to deal with the strikers anymore. The tension on the Atlantic City boardwalk seems to grow by the minute were a community shes been on the picket line outside the trump taj mahal for weeks and is devastated the building is scheduled to close. She started w
The taj mahal closing for good. Good evening, im Ukee Washington im jessica dean. The impending closure is another blow to the struggling resort town, david spunt is live in Atlantic City with reaction tonight. David . Reporter jessica, tough news for these employees here in Atlantic City. I have to tell you that the employees that work here, tell me they just want to get paid. They want to make sure they get their health care, but the people that run this building, tell me they cant afford to deal with the strikers anymore. The tension on the Atlantic City boardwalk seems to grow by the minute were a community shes been on the picket line outside the trump taj mahal for weeks and is devastated the building is scheduled to close. She started working the day it opened now shes striking because her company wont offer health care. I have four children, we cannot support our families without health care and we dont want be on subsidized living. When it opened in 1990 it was a proud moment
United Workers Union secretary Susie Allison said on February 26 that the workers are on a below average wage. Our members worked every day during the pandemic to ensure McCormick could continue to provide food products to restaurants and supermarkets. In return McCormick is now offering these essential workers no pay rise and slashing their conditions. How’s that fair?
They are striking for a 3% annual wage increase, no cuts to penalty rates or working conditions.
Every time the workers have attempted to negotiate a new one, the boss put forward “zero per cent” pay rise on the table and told the union to take it or leave it. Workers told