What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.49%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. Stocks are falling on this morning’s weak U.S. housing...
As the UAW strike enters its fifth day, the Biden administration is hobbled by a lack of legal authority to steer the talks and difficulty in figuring out UAW President Shawn Fain's negotiating strategy and leadership style, three sources said.
Shares of The Clorox Company (CLX) declined 2.4% after the company said that a cybersecurity attack was identified last month which could weigh on its fiscal first-quarter results. Apple Inc.’s (AAPL) shares jumped 1.7% after the
The contract between United Auto Workers (UAW) and Detroit Three automakers expired on Sep 14 at midnight. Despite the automakers making unprecedented wage hike offers, negotiations hit an impasse in the final stages. Both parties
As the UAW strike enters its fifth day, the Biden administration is hobbled by any lack of legal authority to steer the talks and struggling to figure out UAW President Shawn Fain's negotiating strategy or getting a clear read on his leadership style, three sources said.
Morning Markets December E-Mini S&P 500 futures (ESZ2 3) and Dec Nasdaq 100 E-Mini futures (NQZ2 3) this morning are little changed. Stock index futures this morning are little changed but are seeing downward pressure from this morning’s weak U.S. housing starts report and today’s +3.8 bp rise in the...
The United Auto Workers’ (“UAW”) strike continues to make headlines as the impasse enters its fourth day. This coordinated strike, a historic event with the union simultaneously striking against the Big Three automakers, General M
Between the start of the year and mid-July, shares of Ford Motor Company (NYSE: F) soared 31%, only to tank 17% in the past couple months. It looks like pessimism around the business is in full effect. The roller coaster ride might make some uneasy, especially since Ford has post
(RTTNews) - The United Auto Workers or UAW union, which has been striking at key plants of General Motors, Ford Motor, and Chrysler parent Stellantis, now plans to step up their actions, if there is no serious progress in negotiations by Friday noon ET, according to UAW President
Canada's Unifor union said late on Monday that contract negotiations with Ford Motor were continuing and advised members to remain on shift unless they received explicit instructions from the union indicating otherwise.
United Auto Workers (UAW) President Shawn Fain said on Monday the union would strike at additional U.S. auto plants if no "serious progress" is made toward reaching new labor agreements before 12:00 ET (1600 GMT) on Friday.
Canadian Union Unifor will go on a strike against all Ford Motor facilities if a deal is not reached with the company by the midnight deadline, union president Lana Payne said on Monday.
The growth of an economy is a function of just two factors: the growth in the labor force and the growth in productivity. This article will explore how these two factors may lead to an acceleration of disruptive technologies.
Wall Street has been on a tough ride lately and is expected to be volatile this week as well, given the UAW strike, Fed meeting, oil price at $95 per barrel and strength in the dollar. As such, investors should keep a close eye on
The big news in the markets this week revolves around the Fed’s mid-week decision on interest rate policy, although a vast majority of prognosticators see a hold at the current 5.25-5.50% range — already the highest Fed funds rate
The big news in the markets this week revolves around the Fed’s mid-week decision on interest rate policy, although a vast majority of prognosticators see a hold at the current 5.25-5.50% range — already the highest Fed funds rate
Shares of General Motors Company (GM) fell 0.9% after almost 13,000 United Auto Workers went on strike on Friday.Nucor Corporation’s (NUE) shares plunged 6.1% after the company issued weaker-than-expected earnings guidance for the
The United Auto Workers and Chrysler-parent Stellantis are set to resume bargaining talks Monday morning as a strike against the Detroit Three automakers enters its fourth day.
The United Auto Workers strike against the Detroit Three automakers enters its fourth day on Monday as both sides try to hammer out deals to avoid costly disruptions to more plants. Union negotiators and representatives of General Motors, Ford and Stellantis were set to resume talks on Monday, seeking to end one of the most ambitious U.S. industrial labor actions in decades that has seen the union strike all three automakers simultaneously for the first time.
Shares of BlueScope Steel Ltd slipped to an over three-month low as the ongoing United Auto Workers (UAW) strike against the Detroit Three automakers in the United States weighs on the Australian steel-maker's North American business.