'We are on a good path': Stellantis plans to give UAW second proposal after weekend of negotiating
After a weekend of negotiating between Stellantis and the UAW, the automaker plans to present its second economic contract proposal to the union Monday morning. There's only days left to reach an agreement and avoid a strike.
After a weekend of negotiating between Stellantis and the UAW, the automaker plans to present its second economic contract proposal to the union Monday morning. There's only days left to reach an agreement and avoid a strike.
Stellantis' offer to UAW includes 14.5% raises, inflation bonuses
Stellantis' offer to the UAW includes 14.5% raises and inflation bonuses. This offer comes as the Sept. 14 contract expiration approaches and a strike looms.
Stellantis' offer to the UAW includes 14.5% raises and inflation bonuses. This offer comes as the Sept. 14 contract expiration approaches and a strike looms.
Mortgage demand plummets as high rates squeeze buyers
High mortgage rates are rapidly cooling housing demand.
High mortgage rates are rapidly cooling housing demand.
Here's what GM offered to UAW as strike deadline nears
General Motors gave the UAW an offer Thursday that didn't meet what the union is looking for in a contract. Here's what's in the proposal:
General Motors gave the UAW an offer Thursday that didn't meet what the union is looking for in a contract. Here's what's in the proposal:
UAW president calls GM's offer 'insulting proposal,' tells automaker to stop wasting time
"After refusing to bargain in good faith for the past six weeks, only after having federal labor board charges filed against them, GM has come to the table with an insulting proposal that doesn’t come close to an equitable agreement for America’s autoworkers," UAW President Shawn Fain said of GM's offer to the union.
"After refusing to bargain in good faith for the past six weeks, only after having federal labor board charges filed against them, GM has come to the table with an insulting proposal that doesn’t come close to an equitable agreement for America’s autoworkers," UAW President Shawn Fain said of GM's offer to the union.
Farmers Insurance to layoff 2,400 staff across entire business
The employees getting laid off represent about 11% of the insurance provider's staff.
The employees getting laid off represent about 11% of the insurance provider's staff.
Home affordability is the worst it has been in nearly 40 years, study shows
U.S. home prices recently faced their sharpest rise since November.
U.S. home prices recently faced their sharpest rise since November.
Popular summer vacation destinations across US see uptick in vacancies
Vacation hotspots across the country saw vacancy rates as high as 20% this summer
Vacation hotspots across the country saw vacancy rates as high as 20% this summer
Home prices will rise in 2023 as affordability crisis worsens, Goldman says
Goldman Sachs projects home prices to climb by 1.8% this year amid housing shortage
Goldman Sachs projects home prices to climb by 1.8% this year amid housing shortage
Federal Reserve signals potential interest rate hikes to sustain strong US economy
The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said.
The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said.
Survey: Gen Z, millennial couples say it's too expensive to get married
More Gen Z and millennials are saying “I do…not."
More Gen Z and millennials are saying “I do…not."
Here's how much workers are demanding to start a new job
The lowest wage that American workers are willing to take in order to accept a new job has hit a record high this year, survey results show.
The lowest wage that American workers are willing to take in order to accept a new job has hit a record high this year, survey results show.
Americans burning through excess savings from the pandemic, SF Fed study says
Americans are burning through the excess savings they accumulated during the COVID-19 pandemic thanks to a big burst of stimulus money from the federal government and limited spending.
Americans are burning through the excess savings they accumulated during the COVID-19 pandemic thanks to a big burst of stimulus money from the federal government and limited spending.
Homebuilder sentiment plummets as mortgage rates surge again
Builder confidence unexpectedly dropped for first time this year.
Builder confidence unexpectedly dropped for first time this year.
Biden heads to Wisconsin to talk about economy a week before GOP presidential debate
Joe Biden's trip to Wisconsin Tuesday is also on the eve of the first anniversary of the Inflation Reduction Act, a major economic bill the president signed into law.
Joe Biden's trip to Wisconsin Tuesday is also on the eve of the first anniversary of the Inflation Reduction Act, a major economic bill the president signed into law.
Inflation forcing Americans to spend $709 more per month than 2 years ago: economist
Inflation has created financial pressures for most U.S. households and forced them to pay more for daily necessities like food and rent.
Inflation has created financial pressures for most U.S. households and forced them to pay more for daily necessities like food and rent.
Layoffs begin in the film industry as Hollywood strikes continue
Some businesses haven't had a customer in months, while other companies are concerned about bankruptcy if the strikes continue.
Some businesses haven't had a customer in months, while other companies are concerned about bankruptcy if the strikes continue.
'We have a plan': Biden claims policies are reviving US manufacturing
The president will make the case in a speech in New Mexico Wednesday that his financial and tax incentive policies have revived U.S. manufacturing.
The president will make the case in a speech in New Mexico Wednesday that his financial and tax incentive policies have revived U.S. manufacturing.
US inflation has cooled, but getting it down to the Fed's target rate will be the toughest mile
Squeezing out the last bit of excess inflation and reducing it to the Federal Reserve's 2% target rate is expected to be a much harder and slower grind.
Squeezing out the last bit of excess inflation and reducing it to the Federal Reserve's 2% target rate is expected to be a much harder and slower grind.
Is not having a 401(k) as a benefit becoming a deal breaker for new hires?
A 401(k) is usually workers’ first experience with investing, expert says
A 401(k) is usually workers’ first experience with investing, expert says