the culinary workers union hasn't actually engaged in a strike in more than 30 years, but the last timeed to. in 2018, it was able to reach a contract agreement for its 25,000 affected workers before any walk—outs took place. let's focus now on oil prices which have surged to new highs this year. brent crude is up 2.9% at $96. with benchmark crude now hovering in the mid?90 dollars per barrel. industry watchers are pretty certain 100?dollar oil is around the corner. with demand likely to remain strong heading into november and december. as oil prices keep heading north, and the us dollar remains on the uptick, that is going to take a toll on asian importers and economies. we were talking to mukesh sahdev, a consultant with expertise in the energy markets. the current environment is clearly reflective, preemptive clearly reflective, preem ptive strategy clearly reflective, preemptive strategy precautionary strategies that demand concerns which keep on coming quite often, do not lead to a surplus in the market and heard the price. so as a precautionary strategy and these cuts have been ru

the culinary workers union hasn't actually engaged in a strike in more than 30 years, but the last timereach a contract agreement for its 25,000 affected workers before any walkouts took place. in other news.... the price of oil has hit its highest in more than a year after the stock of crude an important storage facility fell to its lowest since july of 2022. the price of west texas intermediate futures, which is one of several ways of measuring the price of oil, hit 95 dollars a barrel in trading in asia. it follows production cuts by the producer cartel, 0pec+. many analysts believe that oil will go above $100 a barrel in the near future. the european commission has warned that non—chinese carmakers could be included in a brussels investigation into whether chinese subsidies for electric cars are distorting global markets. bmw and tesla, both of whom have factories in china, are among those who could be affected. a senior ec official told the broadcaster cnbc that brussels is discussing the scope of the investigation with china. europe is concerned that the subsidies could lead to a

the culinary workers union hasn't actually engaged in a straight in more than 30 years, but the last each a contract agreement for its 25,000 affected workers before any walkouts took place. let's now focus on oil prices, which have surged to new highs this year, putting up some of those figures now. brent crude at $94. up by 0.37%. light crude at 94. with benchmark crude at 94. with benchmark crude hovering in the mid $90 per barrel month, industry watchers are pretty certain the $100 mark isjust watchers are pretty certain the $100 mark is just around the corner, with demand likely to remain strong getting into november and december. as well prices keep heading north and the us dollar remains on the up, that is going to take a toll on asian importers and economies. ali 0 spoke to a consultant who told me what is driving the price is higher. i think he current price environment is clearly reflected for this strategy with the obit plus alliances, pursuing a pre—emptive strategy, a precautionary strategy, a precautionary strategy so the demand concerns, which keep on coming quite often

that puts members of the culinary workers union one step closer to a walk—out. members are on recently expired contracts. they are seeking better pay, benefits and working conditions, particularly after the pandemic drove many workers out of the city, resulting in staff shortages. they are in negotiations with some of the las vegas strip's biggest casino operators, including mgm resorts international, caesars entertainment and win resorts. hotels and casinos are the economic engine that drives nevada's biggest city. a potential strike could impact more than three dozen of them. the culinary workers union hasn't actually engaged in a strike in more than 30 years, but the last time it threatened to, in 2018, it was able to reach a contract agreement for its 25,000 affected workers before any walk—outs took place. erin delmore there. finally, to a secretive profession that has conjured up a high—profile global brand. over three decades, marvin's magic has become the world leader in magic kits, now selling over a million a year in 60 countries. now its boss and found

in nevada, tens of thousands of members of the culinary workers union voted on tuesday to authorize thegotiations with las vegas casinos and resorts. that fall is a trend with other groups negotiating for better pay and benefits, including american airlines flight attendants and southwest airlines pirates, who also note voted this year to authorized potential strike. the writers guild of america when a key victory this week with the studios, ending its strike in heralding the return of late night talk shows next week. what our next two guests, eric a, would help negotiate that deal. now sag-aftra, the actors union, remains on strike and our other guest, the actress jeri ryan, remains on strike with a message to the studios on reaching a fair deal. resistance is futile. joining us now is the writer and director eric haywood, a board member and 2023 negotiating committee member of the writers guild of america and actor jeri ryan, a local board member and convention delegate for the actors union, sag-aftra. before i start, full disclosure, i am a sag-aftra member who supports the strike. i

the culinary workers union hasn't gone on strike in more than three decades.nd working conditions with the top casino employers on the vegas strip involved including mgm resorts, caesars, and wynn resorts. >> i think we need a strike reporter at this point, a strike beat. there are so many strikes that we're talking about. we start the show every day running through a laundry list of all the -- >> i feel like i was talking about a strike when i was talking about the democrats and the republicans. they're not striking, but they're two -- >> refusing to work. >> it is divided government. it is ugly. but we seem to eventually get things -- >> tell it to the workers who won't get their paychecks for a long time. tell tsa agents they got to go in and work and you're not going to get paid in the meantime and we're going to keep things running. it is messy. >>> fed officials keep telling the markets to expect rates to remain higher for longer. our next guest says this offers the best opportunity in the last 30 years for fixed income investments. joining us right now

unions and other industries from culinary workers in las vegas to health care workers in multiple states are considering their own work stoppages. do you think this is a big moment for labor? >> i think so. i think this is more than the united autoworkers. i think this is for the working class as well. >> reporter: but the stakes are high. according to the latest nbc news poll, just 37% of voters approve of president biden's handling of the economy, and republicans have a 21-point advantage when voters were asked which political party handles it better. bill foster is a stellantis worker, now struggling to make ends meet at home during the strike on $500 a week. for him, the president's visit is crucial. >> i'm hoping that the push from the white house helps us out. we can definitely use his support. >> gabe have, the automakers responded to the president's visit? >> notably, no lester. but gm has previously said our focus is not op politics, but continues to be on bargaining and good faith. negotiations with all three automakers continue. lester? >> gabe gutierrez, thank you. >>> now to

. >>> hospitality workers in las vegas have voted overwhelmingly to authohorize a strtrike again2 casino resorts if a deal is not reached. the culinary and bartenders unionsning for improved pay, benefits, and working conditions. the unions represent around 60,000 workers across the state. >>> kia and hyundai are recalling more than 3.3 million vehicles over potential fire risks. federal regulators say hyundai is recalling 13 different models from 2010 through 2015 because a brake fluid leak could spark a fire. kia is recalling a dozen models from 2010 through 2019 due to a possible electrical short that can also ignite. impacted customers will be cntacted. >>> and costco has a new hot ticket item. the bulk retailer says its one-ounce, 24-karat gold bars are selling out within hours. the two brands are selling those bars for around $1,900. that's slightly above the price of gold futures. the company has limited purchase -- purchases to two per member. >>> that's your cbs "money watch" report for this thursday morning. i'm shanelle kaul, cbs news, new york. >>> and this year your advent calendar can go beyond a little piece of chocolate. it can, you know,

the tubes >> reporter: it's expected to be a key issue in the twain unions from other industries, such as culinary and health care workers are considering their own work stoppages do you think this is a big moment for labor >> i think so. i think this is more than just united auto workers. >> reporter: but the stakes are high according to the latest nbc news poll, 37% of voters approve of president biden's handling of the economy, and republicans have a 21-point advantage when voters are asked which political party handles it better. bill foster is a stellantis worker now struggling to make ends meet on $500 a week for him the president's visit is crucial. >> i'm hoping the push from the white house helps us out we could definitely use his support. >> reporter: none of the big three auto makers responded after the president's visit here to michigan. but gm has previously said our focus is not on politics but continues to be on bargaining if g in good faith. negotiations continue. >>> now to a major development in the new york attorney general's fraud case against former president trump in a new ruling, the judge denied t

samples were positive for fentanyl in las vegas, hospitality workers are moving closer now to a potential strike. the culinary and bartender unions announced today they have scheduled a strike vote for tuesday, september 26th. the union say they have been consistently negotiating with employers, including mgm resorts international and wynn and encore resorts, but still have not agreed on a new contract. the union say they're looking for wage increases and more security in casinos. the unions have more than 53,000 members. a new report by the mozilla foundation gives 25 major automobile companies a failing grade for protecting people's privacy. wrtv is jana katsuyama has more from the lead researcher. these days, a smartphone app can unlock your doors and start the ignition on your smart car. and it's a trend that's expanded well beyond hi tech teslas and other cutting edge cars. you buy a car now or in the past 3 to 5 years, their computers on wheels. jen kartrider was leader of the mozilla foundation's privacy not included research project. they examined 25 of the most popular car companies, asking companies about what they do w

the culinary union in las vegas is preparing for a strike vote tomorrow to demand higher wages and better working conditions from casino owners. 53,000 hospital workersepresented by the union will cast ballots all day tomorrow on whether to authorize a walkout and they're getting ready building strike kits for a possible work stoppage. contract talks between the union and resort owners began in april, but they've stalled over wages as we're hoping not to have a strike. >> and if anybody's ever been on strike, that's something you don't want to do. >> so we deserve better. we are being working really hard, so we deserve it. >> the union is still negotiating with the big three casino owners in vegas, wynn caesars and mgm. neither company has responded to requests for comment. if you're looking for more, we send out the very latest news updates right to your phone through the abc7 bay area app to make sure you're getting news and weather alerts just like this one. a download it and enable the apps notifications will keep you up to date. 24 over seven. well and may have been a fraternity prank , but a police raid would say otherwise. the valuable item re

the culinary union in las vegas is preparing for a strike vote tomorrow to demand higher wages and better working conditions from casino owners. 53,000 hospital workers represented by the union will cast ballots all day tomorrow on whether to authorize a walkout and they're getting ready building strike kits for a possible work stoppage. contract talks between the union and resort owners began in april, but they've stalled over wages as we're hoping not to have a strike. >> and if anybody's ever been on strike, that's something you don't want to do. >> so we deserve better. we are being working really hard, so we deserve it. >> the union is still negotiating with the big three casino owners in vegas, wynn caesars and mgm. neither company has responded to requests for comment. if you're looking for more, we send out the very latest news updates right to your phone through the abc7 bay area app to make sure you're getting news and weather alerts just like this one. a download it and enable the apps notifications will keep you up to date. 24 over seven. well and may have been a fraternity prank , but a police raid would say otherwise. the valuable item

more than 50,000 hospitality workers could walk off the job in las vegas. the culinary and bartenders unions as they negotiate with casino and hotel employees for a new five-year deal because they are currently working under expired contracts. they have the option to strike whenever they choose. >>> the second republican presidential debate will be held in california this week and so far six of the candidates say they have qualified and had be on the debate stage. it could be a make-or-break moment as polls continue to show former president trump with a commanding lead, although he didn't participate in the first debate. >>> new jersey senator bob menendez scheduled to appear in court on wednesday after being indicted on federal bribery charges. as we mentioned, menendez facing growing calls from his party to resign. he maintained his innocence. >>> and the big one this week, the potential for a government shutdown. if lawmakers cannot reach a deal, the government will run out of money at 11:59 p.m. saturday. if a shutdown occurs, nonessential federal workers would be furloughed, national pa

. >> the culinary union in las vegas is preparing for a strike today to demand higher wages and better working conditions from casino owners. 53,000 hospitality workers represented by the union will cast ballots on whether to authorize a walkout. and they're building strike kits for a possible work stoppage. large contract talks between the union and resort owners started in april, but they have stalled over wages. we're hoping not to have a strike. >> and if anybody's ever been on strike, that's something you don't want to do. so we deserve better. >> we are being working really hard, so we deserve it. >> the union is still negotiating with the big three casino owners in vegas, wynn caesars and mgm. none has responded to requests for comment, but after he travels to the uaw picket line in michigan , president biden will be here in the bay area today. >> his first stop is at the atherton home of philanthropist mark heising and liz simons. there will be a democratic fundraiser to benefit the president's reelection campaign. sky seven flew over that massive property just to get a glimpse of some of the setup going on. the president has two more campaig

set to begin at the culinary union in las vegas is preparing for a strike vote today to demand higher wages and better working conditions from casino owners 53,000 hospitality workers represented by the union will cast ballots on whether to authorize a walkout. and they're building strike kicks strike kits for a possible work stoppage contract talks between the union and resort owners started in april, but they've stalled over wages. >> we're hoping not to have a strike. and if anybody's ever been on strike, that's something you don't want to do. so with this are better. >> we are being working really hard, so we deserve it. >> the union is still negotiating with the big three casino owners in vegas, wynn caesars and mgm. none has responded to requests for comment after he travels to the uaw picket line in michigan. >> president biden will be back in the bay area today. his first stop is the atherton, home of philanthropist mark heising and liz simons. there will be a democratic fundraiser to benefit the president's reelection campaign. sky seven flew over that massive property. just looking at some of the set up, the president has two more campaign fundraisers to