The union’s president, Shawn Fain, said negotiators were nowhere near an agreement and ruled out a contract extension while talks continued.
Tag: United States Economy
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What to Know About the Potential Autoworkers Strike
U.A.W. workers could strike as soon as Friday. The union and the carmakers remain far apart on wages.
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Inflation Sped Up as Gas Prices Rose
Consumer prices rose 3.7 percent in the year through August, marking another month of accelerating inflation. The Federal Reserve will closely parse the data as it prepares its next interest-rate decision.
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Auto Strike by U.A.W. Could Have Wide Economic Effects
An extended walkout by the United Auto Workers in a contract dispute could raise car prices and affect jobs at the companies’ suppliers.
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UAW Standoff Poses Risk for Biden’s Electric Vehicle Commitment
A looming auto industry strike could test the president’s commitment to making electric vehicles a source of well-paying union jobs.