内容摘要：, that battered investors through April. The S&P 500 briefly dropped

, that battered investors through April. The S&P 500 briefly dropped

The National Mediation Board ordered both sides to show up on Monday in an attempt to work out their differences, both sides said Friday.A strike could happen in just a week on May 16, crippling commuters across the state.

New Jersey Transit operates buses and rail in the state, providing nearly 1 million weekday trips, including into New York City. The agency plans to increase bus service if there is a rail strike, but the buses won’t be able to handle close to the same number of passengers.The Brotherhood of Locomotive Engineers and Trainmen in mid-April overwhelmingly rejected. Both sides had earlier said the tentative agreement included a “reasonable wage increase” for the union’s members, as well as the resolution of a long-standing grievance.

But since then, both sides traded jabs over the labor dispute, which goes back to 2019, when the engineers’ contract expired. Union leaders say the train engineers have gone without a raise over the past five years.NEW YORK (AP) — When they boarded a small plane bound for upstate New York

, the six passengers — a pair of close-knit siblings, their parents and partners — were on the cusp of a new chapter in a family life already replete with personal and professional accomplishment.

Karenna Groff, a one-time collegiate soccer star at the Massachusetts Institute of Technology, was celebrating her 25th birthday with her longtime boyfriend, investment banker James Santoro, to whom she planned to get engaged this summer.Trump himself said he had noticed how bond investors were “getting a little queasy” before he paused his tariffs.

Economists and investors had to reconcile contradictory signals about the economy. Surveys of consumers showed declining confidence, largely due to the uncertainty created by the Trump trade policy. But what investors call “hard data,” such as employment numbers, indicated the economy was still doing OK. As of Friday, when the government saidin April, the hard numbers appeared to have a advantage over the weak sentiment.

The Federal Reserve cut rates three times at the end of 2024, but then implemented a pause of its own by keeping rates steady, in part to assess the impact of the Trump trade policy. The strong jobs report seemed to give the Fed clearance to keep rates where they are for now — despite Trump repeating his call for cuts — but the market is still looking for 3 cuts before the end of the year.Through all the market’s tumult, U.S. companies have continued to deliver profit reports for the start of the year that have topped analysts’ expectations. Stock prices tend to follow profits over the long term, and that’s given the market a notable boost.