Money

New York Times’ unions want to block return-to-work mandates

Published

2 years ago

August 30, 2023

The New York Times’ unions are attempting to halt the implementation of a stringent policy that would monitor employees’ compliance with the return-to-office mandate.

The New York Times Guild, representing the majority of newsroom workers, and the Times Tech Guild, consisting of over 600 Times tech employees, reportedly sent cease-and-desist letters to management last week, as per Axios’ report on Tuesday.

The publication had announced its intention to increase the requirement from three days per week to an additional fourth day, effective September 3, 2024.

Under the new policy, newsroom leaders would periodically monitor badge swipe data to analyze attendance trends and potentially flag individuals with notably low attendance, according to Semafor.

A representative from The Times stated, “We believe that allowing people the flexibility to work together in the office at times and remotely at other times benefits everyone by ensuring that we maintain the strong, collaborative environment that has come to define our culture and drive our success.”

Hybrid employees

The spokesperson did not provide further details on badge monitoring but mentioned that The Times’ policy stipulates that hybrid employees should be in the office two to three days a week, with each department head determining the exact number of days.

At the time of the report, The Times’ unions had not responded to requests for comment.

The New York Times Guild argued that monitoring badge swipes to surveil office attendance violates their new contract, which was finalized in May after more than two years of contentious negotiations.

In response, a Times representative pointed out that the contract does acknowledge the company’s right to enforce its return-to-office policies. The representative also noted that the changes made due to the pandemic were always intended to be temporary.

A contract has not yet been agreed upon with the tech workers’ union, which was ratified in 2022.

The Times Tech Guild contended that monitoring badge swipes “violates their status quo, or the terms and conditions set at the time that were union ratified in 2022.”

The status quo remains in place until the Tech Guild negotiates a contract with management, but a Times representative informed Axios that the publication’s return-to-office policies were introduced before the Tech Guild was officially recognized.

Money

U.S. stocks falling amid AI worries and weak earnings

U.S. stocks decline amid AI concerns, defensive sectors rising; traders eye commodities, jobs data, and currency trends for insights.

Published

3 hours ago

February 13, 2026

Harvey Vargas

U.S. stocks decline amid AI concerns, defensive sectors rising; traders eye commodities, jobs data, and currency trends for insights.

U.S. stocks are tumbling as investors grow concerned over AI profitability and disappointing earnings. Defensive sectors are attracting attention ahead of the upcoming CPI report, while market participants are carefully watching how tech-heavy AI stocks are influencing broader indices. Steve Gopalan from SkandaFX notes that these factors are shaping market sentiment.

For traders, commodities like gold and oil are also playing a role in sentiment, providing hedges amid market uncertainty. The January jobs report and unemployment data are adding further context, with potential implications for Federal Reserve policy.

Market expectations for rate cuts are shifting as investors weigh economic indicators against global market dynamics. Traders are also eyeing currency movements, including the Australian Dollar and Japanese yen, for signs of broader economic trends.

Money

Wall Street tumbles as tech stocks face AI disruption fears

Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.

Published

3 hours ago

February 13, 2026

Harvey Vargas

Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.

Wall Street took a sharp hit as tech stocks plummeted amid growing investor anxiety over artificial intelligence. Markets reacted strongly to uncertainty about how AI could disrupt major sectors, leaving investors on edge. Kyle Rodda from Capital.com explains why investors are nervous about what’s ahead.

Cisco Systems’ quarterly results added to the market jitters, while defensive sectors gained attention as investors sought safer bets. Analysts describe 2026 as a ‘prove it’ year for AI, with companies needing to demonstrate real returns on their ambitious investments.

The January Consumer Price Index report and rising concerns over AI’s impact on transportation companies further weighed on sentiment. Investors are now closely watching major tech firms for signals on how AI spending will shape future market performance.

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Money

U.S. jobs report, Fed decisions, and Japan’s economic risks explained

January US jobs report sparks uncertainty; analysts debate impact on Federal Reserve policy and market confidence.

Published

1 day ago

February 12, 2026

Harvey Vargas

January US jobs report sparks uncertainty; analysts debate impact on Federal Reserve policy and market confidence.

The January US jobs report shows a mixed picture for the economy, with payroll revisions and steady unemployment leaving analysts questioning the impact on Federal Reserve policy. We break down what the numbers mean for interest rates and market confidence.

US stock markets could face turbulence as investors digest the latest jobs data. David Scutt from StoneX explains how these figures may influence equities and what the outlook is for global markets.

Meanwhile, developments in Japan and a strengthening yen could spark new macroeconomic risks. From carry trades to unexpected shocks, we explore how these factors ripple across the global economy.

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