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CNBC Day-to-day Open: September market-off, October bounce?
Traders work on the flooring of the New York Stock Trade for the duration of afternoon investing on September 26, 2023 in New York Metropolis. Michael M. Santiago | Getty Pictures Information | Getty Photos This report is from present day CNBC Day-to-day Open, our new, intercontinental markets newsletter. CNBC Every day Open delivers buyers […]
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CNBC Everyday Open up: Oversold in September, bounce in Oct?
A trader works on the ground of the New York Stock Trade (NYSE) in New York, U.S., on Monday, June 27, 2022. Michael Nagle | Bloomberg | Getty Illustrations or photos This report is from present-day CNBC Day-to-day Open up, our new, international markets newsletter. CNBC Every day Open provides traders up to speed on […]
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Ford CEO says UAW is ‘holding the deal hostage’ over EV battery plants
Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – The United Auto Workers union is holding up negotiations with Ford Motor over future electric vehicle battery plants, Ford CEO Jim Farley said during a press […]
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Automakers grow frustrated over pace of UAW negotiations as new deadline looms
Striking members of the United Auto Workers (UAW) picket outside the GM’s Willow Run Distribution Center, in Bellville, Wayne County, Michigan, U.S., September 26, 2023. Evelyn Hockstein | Reuters DETROIT – Tensions are rising and accusations are flying between the Detroit automakers and United Auto Workers, as the union threatens to expand U.S. plant strikes […]
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UAW again threatens to expand strikes at Detroit automakers if progress isn’t made by Friday
Members of the United Auto Workers (UAW) Local 230 and their supporters walk the picket line in front of the Chrysler Corporate Parts Division in Ontario, California, on September 26, 2023, to show solidarity for the “Big Three” autoworkers currently on strike. Patrick T. Fallon | AFP | Getty Images DETROIT – The United Auto […]
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UAW chief condemns Trump ahead of Michigan stop by during union strike
United Car Workers (UAW) President, Shawn Fain addresses picketing UAW members at a Normal Motors Company Parts Functions plant in Belleville, Michigan, on September 26, 2023, as US President Joe Biden joined the workers. Jim Watson | Afp | Getty Photographs DETROIT – United Car Workers President Shawn Fain doubled down on his criticism of […]
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UAW strikes threaten already vulnerable auto parts suppliers
Members of the United Auto Workers union hold a practice picket in front of Stellantis headquarters in Auburn Hills, Michigan, on Sept. 20, 2023. Bill Pugliano | Getty Images As the United Auto Workers’ strike against Ford Motor, General Motors and Stellantis moves through its second week, the economic effects are beginning to ripple through […]
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Working women spend $15.4 billion more than men in out-of-pocket health costs, study finds
Luis Alvarez | Digitalvision | Getty Images High health care costs are hitting women in the U.S. workforce much harder than men. Working women spend $15.4 billion more in out-of-pocket health expenses annually compared to their male counterparts, according to a new analysis of employer-sponsored health plans from Deloitte Consulting. The study found women spend […]
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UPS to hire 100,000 holiday workers with Teamsters pay bump
A UPS worker sorts packages in New York on Dec. 18th, 2017. Adam Jeffery | CNBC UPS plans to hire more than 100,000 seasonal workers again this year to support the holiday shipping rush, the company announced Tuesday in a press release. This year, though, they’ll be starting with a higher pay. As a result […]
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UAW strike: Biden, Trump seek blue-collar votes in swing state Michigan
United Auto Workers from Louisville Kentucky rally in support of striking UAW members, in Detroit, Michigan, September 15, 2023. Rebecca Cook | Reuters DETROIT – Strikes by the United Auto Workers union against General Motors, Ford Motor and Stellantis will get the presidential treatment this week in Michigan. Twice, in fact. President Joe Biden is […]
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