The deal follows the pattern set with Ford last week and Jeep maker Stellantis over the weekend.
The Federal Trade Commission and more than a dozen U.S. states are alleging that Amazon used “its monopoly power” to inflate prices.
It’s the second time the Federal Reserve has kept rates unchanged in its last three meetings.
The move lifted the Fed’s benchmark short-term rate from roughly 5.1% to 5.3% — its highest level in 22 years.
The Teamsters called the tentative agreement “historic” and “overwhelmingly lucrative.” It includes, among other benefits, higher wages and air conditioning in delivery trucks.
The 6-3 decision leaves borrowers on the hook for repayments set to resume in late summer.
The FTC also alleged that Amazon’s leadership slowed or rejected changes that made canceling the Amazon Prime subscription easier.
For the first time in 15 months, the Federal Reserve has kept its key interest rate unchanged.
Treasury Secretary Janet Yellen said Friday the projected debt ceiling deadline is extended to June 5, four days later than previously estimated.
The Fed’s rate increases over the past 14 months, aimed at quelling inflation, have elevated the cost of loans and heightened the risk of a recession.
