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The Latest Breaking News from UAW

Why the UAW is fighting so hard for these 4 key demands in the auto strike

Driving the UAW's tough stance in negotiations with the Big Three automakers is the sense that the union is owed a long-overdue redressal for all the concessions workers made in 2007.

WEKU

Biden faces pressure to join auto workers picket line as Trump sets sights on Detroit

White House won’t dispatch labour officials to Michigan, for now

The Independent UK

Stocks Fall Ahead of FOMC Meeting Results on Wednesday

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.22%. Stocks fell on Tuesday’s weak U.S. housing starts...

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Strikes aren’t bad for the US economy. They’re the best thing that could happen

Auto workers, writers, actors, Starbucks workers, Amazon workers, UPS drivers, flight attendants – labor isn’t a ‘special interest’. It’s all of us

The Guardian - US

Trump to skip second GOP debate and head to Detroit to court autoworkers instead

Former President Donald Trump won't be at the second Republican debate, unsurprisingly. His counter-programming this time involves union autoworkers, engaged in a strike against Detroit automakers.

WEKU

UAW Strike Against Detroit’s Big Three, What It Means For Electric Vehicles

The ongoing strike between the autoworkers and Detroit automakers could impact the electric vehicle industry.

InsideEVs

Stocks Fall as Crude Oil Surge Complicates the FOMC’s Task

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...

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Markets Today: Stocks Little Changed as FOMC Expected to Announce a Hawkish Pause

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...

Barchart

UAW has a unique strike strategy. It keeps Detroit Big 3 automakers guessing

For the first time, the UAW is on strike against the Big 3 U.S. automakers at once. Workers at three plants have been called out so far, with more to follow Friday if there's no progress on a deal.

WEKU

Trump plans to meet with striking autoworkers in Michigan instead of attending second GOP debate

Former President Donald Trump will travel to the battleground state of Michigan next week to meet with striking autoworkers instead of participating in the second Republican presidential debate

The Independent UK

Bernie Sanders is backing UAW's call for a four-day workweek

During the summer of strikes, manufacturing workers are fighting for better pay and reimagining the future of work.

Fortune

Why Janet Yellen isn't worried about the $33 trillion national debt

Yellen looks at one key statistic to determine if the U.S.'s national debt is sustainable, and she says it's "at a very reasonable level.”

Fortune

Musk and Tesla are the 'clear winners' of the Detroit auto strike. Analysts say Elon 'put champagne on ice' as he sees the ultimate EV victory

Analysts say Musk and Tesla are “clear winners” of the strike given the company’s non-union status that lets it continue to pump out cars while Detroit is shut down.

Fortune

General Motors CEO confronted over her own $29m salary amid UAW strike

Union argues wage rises haven’t matched company profits

The Independent UK

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InsideEVs

UAW Boss Says Tesla Workers' Pay "Pitiful," Calls Musk "Greedy"

Shawn Fein said Tesla workers are "scraping to get by" so that "greedy people like Elon Musk can build more rocket ships and shoot themselves in outer space."

Fortune

UAW boss says Big 3 can give their fair share after earning a quarter of a trillion in profits over past decade

UAW boss Shawn Fain says after securing a deal with General Motors, Ford and Stellantis, Tesla will be next.

The Independent UK

A new breed of leaders are atop the largest US unions today. Here are some faces to know

From picket lines in Hollywood to walkouts against Detroit automakers, it's already been a big year for labor organizing — and behind several major showdowns with enormous companies are some of America's largest unions

The Independent UK

The strike by auto workers is entering its 4th day with no signs that a breakthrough is near

The auto workers’ strike against Detroit’s Big Three is now in its fourth day

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Barchart

Stocks Mixed on Caution Ahead of Tue/Wed FOMC Meeting

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.12%. Bearish factors include the UAW strike, the possibility of...

Barchart

Markets Today: Stocks Remain Under Pressure Ahead of FOMC Meeting

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) this morning are down -0.09%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.21%. Stock index futures this morning are trading mildly lower. Stocks continue to be undercut by the UAW strike, the possibility of a U.S. government shutdown...

Fortune

UAW strike offers leaders lessons on engaging workers in pay negotiations

Want to avoid a strike like the UAW’s? Include your workers in compensation decision-making.

Fortune

Workers shouldn't accept lower wages so ‘greedy people like Elon Musk can build more rocket ships,' says UAW president Shawn Fain

Ford on Thursday said its labor costs are already 'significantly higher' than those of companies like Tesla and Toyota.

WEKU

UAW strike, Day 4: GM threatens to send 2,000 workers home, Ford cuts 600 jobs

Autoworkers are on strike at General Motors, Ford and Stellantis, an unprecedented move by the United Auto Workers union. Already, there are ripple effects.

Fortune

The biggest winner of the UAW strike may be Elon Musk

Tesla would get a huge cost advantage if the Detroit Big Three complied with all the United Auto Workers' demands.

Newsroom.co.nz

Tone of election to be revealed in big data week

A slowing economy expected out of GDP, trade and consumer confidence

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