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Federal Reserve official Logan said immigration restrictions are putting the Texas labor market is under pressure and are a cause for concern.

2026-07-17

Federal Reserve official Logan said immigration restrictions are putting the Texas labor market is under pressure and are a cause for concern.

Other News
2026-07-16

The Jerusalem Post reports Israel expects to reach mass production of a domestic Joint Direct Attack Munition (JDAM) within two years. Under then-defense minister Yoav Gallant and recommendations from the Turkel committee, Israel began scaling up ind

The Jerusalem Post reports Israel expects to reach mass production of a domestic Joint Direct Attack Munition (JDAM) within two years. Under then-defense minister Yoav Gallant and recommendations from the Turkel committee, Israel began scaling up indigenous bomb production at end-2024. Israel has been highly dependent on US supplies of such munitions, especially in crises; the Biden administration partially froze some arms transfers in May 2024 over disagreement about the IDF incursion into Rafah. The program, originally aimed at greater autonomy for unguided bombs, accelerated and expanded in 2025–26 to include production of JDAM-style smart bombs, which the report says will materially change Israel’s operational capabilities.
2026-07-17

Hyundai's union has further escalated its pressure on labor-management negotiations, extending its daily strike time from two hours to four hours. According to the Hyundai branch of the Korea Metal Workers Union on July 16, the union held a meeting t

Hyundai's union has further escalated its pressure on labor-management negotiations, extending its daily strike time from two hours to four hours. According to the Hyundai branch of the Korea Metal Workers Union on July 16, the union held a meeting that day and decided to hold a four-hour strike for three consecutive days from July 20 to 22. The union stated, "The company has not yet proposed a forward-looking negotiation plan. However, as soon as labor-management negotiations resume, the union will suspend the strike." Formal negotiations between Hyundai's labor and management have been deadlocked for over a week. Sources familiar with the matter revealed that although both sides have continued informal working-level communication and coordination since then, no substantial progress has been made. Currently, the biggest point of contention between labor and management is the union's "individual demands." In addition to raising the basic wage, the union insists on: increasing the bonus ratio from the current 750% to 800%; restoring the jobs of dismissed union members; and raising the retirement age. The union is taking a hard line on these demands and shows no signs of backing down. Industry insiders predict that if the two sides cannot narrow their differences next week, this year's wage and collective bargaining agreement negotiations may become a protracted stalemate.
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