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  • UAW will strike at additional U.S. auto plants if ‘serious progress’ isn’t made by noon Friday

    From cnbc.com

    The United Auto Workers union will announce additional strikes at General Motors , Ford Motor and Stellantis plants if the sides don’t make “serious progress” in negotiations by noon ET Friday, UAW President Shawn Fain announced Monday night. The timing of the additional plants would come just over a week after the union announced targeted strikes at assembly plants for each of the Big Three Detroit automakers, sending about 12,700 workers to picket lines. “Autoworkers have waited long enough to make things right at the Big Three. We’re not waiting around, and we’re not messing around. So, noon on Friday, ... (full story)

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    US Housing Starts Drop to Lowest Since 2020 While Permits Rise

    From bnnbloomberg.ca|Sep 19, 2023

    New US home construction dropped in August to the lowest level since June 2020, highlighting the toll of declining housing affordability. Residential starts decreased 11.3% last ...

    Wagner-Linked Gold Miner in Sudan Halts Operations Over Conflict

    From bnnbloomberg.ca|Sep 19, 2023

    A Sudanese gold mining company linked to the Russian mercenary Wagner Group has suspended operations because of conflict in the North African nation. Al-Sawlaj Gold Mining Co. has ...

    Copper heads lower ahead of Fed meeting, as inventories build

    From brecorder.com|Sep 19, 2023

    Copper prices extended losses on Tuesday on concern ahead of a U.S. Federal Reserve meeting that prolonged high interest rates will dampen metals demand and as inventories pile ...

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    What to expect from this week’s Fed meeting

    From cnn.com|Sep 19, 2023

    The Federal Reserve is expected to hold its benchmark lending rate steady this week as it waits for more data to understand how previous rate hikes are affecting the US economy. ...

    The US Federal Budget Deficit Is Widening. Why, and Does It Matter?

    From wellsfargo.bluematrix.com|Sep 19, 2023

    Monetary policy has been front and center over the past 18 months as the Federal Reserve has executed a historically rapid tightening cycle. Against this backdrop, fiscal policy ...

    Trudeau’s Murder Claim Threatens to Upend US Courtship of India

    From bnnbloomberg.ca|Sep 19, 2023

    Canadian Prime Minister Justin Trudeau’s shocking allegations that India orchestrated the murder of a separatist leader leaves President Joe Biden caught between one of the US’s ...

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  • Posted: Sep 19, 2023 12:13pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 78
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