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UAW warns strike will expand Friday if Big 3 don't get "serious" – People's World

DETROIT—With “no serious progress” by Detroit’s Big 3 automakers, GM, Ford and Stellantis, in talks on new contracts with the United Auto Workers, UAW’s bargaining team will send more locals out on picket lines by Friday, union President Shawn Fain warned.
United States North Dakota Detroit River Wayne County Mark Gruenberg Shawn Fain

Stocks Close Lower After Hawkish Fed Pause

The major indexes finished in the red after the Federal Reserve kept interest rates unchanged, but left open the possibility of one more rate hike. Stocks were choppy in the lead up to this afternoon's policy announcement from the Federal Reserve. The major indexes failed to lift off after the central bank held interest rates steady, as expected, but signaled they will stay higher for longer. Today's anticipated pause by the Fed left the short-term federal funds rate at a range of 5.25...
Glen Santangelo Jerome Powell Arm Holdings Bausch Health Federal Reserve Economic Projections
Source: yahoo.com

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