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Union members in Detroit ratify contract with MGM Grand

(Reuters) — Union members with the Detroit Casino Council have voted to ratify a new contract with MGM Grand Detroit, operated by MGM Resorts, the Unite Here union said on Saturday. The unions will end the 47-day strike immediately, Unite Here said in a statement, adding that the agreement covers 1…
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S&P 500 rises to highest close of 2023 amid rate cut optimism

NEW YORK(Reuters) — The benchmark S&P 500 index closed at its highest level of the year on Friday amid growing optimism the Federal Reserve was done raising U.S. interest rates and could begin to cut them next year as inflation cools. The index closed at 4,594.63 points, up 26.83 points, or 0.5…
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