Employees at Beneficial State Bank secured banking's first labor union contract in 40 years and now are calling on Congress to pass legislation, drafted by House Democrats, to protect front-line workers across the industry.
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federal reserve failed to deliver plans to stimulate the sluggish economy. but the feds did say it would likely keep record low interest rates over the next two years. traders say the market will remain volatile until their clear 69s the economy is improving. reporter: there s really no change in the world, right? europe still has their issues going on. we still have a political issue in washington. standard and poors decision to lower america s credit rating triggered the biggest sell-off in three years. while the markets may be showing signs of stabilizing, there s a lot of concern here on wall street that the credit rating agency could do it again. reporter: and economists warn, the uneasiness in the stock market could set off a chain reaction. we can t panic. because if we panic, then we pull back, consumers stop spending, businesses stop investing and hiring. and that s a prescription for recession. reporter: investors are already moving their money into treas