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September 7, 2023 • Bold union calls for, bolstered by a tight labor market and frustration all through the COVID-19 pandemic, are paying off in some sectors with vital raises for employees. The S&P 500 closed barely greater on Friday however properly below its session excessive and all three of Wall Street’s major averages posted weekly declines as investors nervous about rates of interest and waited anxiously for upcoming U.S. inflation readings. TOKYO -Bank of Japan Governor Kazuo Ueda stated the central financial institution may end its unfavorable rate of interest coverage when achievement of its 2% inflation target is in sight, the Yomiuri newspaper reported on Saturday, signalling possible interest rate hikes. SHANGHAI/TAIPEI -China’s widening curbs on iPhone use by government staff intensified a sell-off in global tech …