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UAW suicide pact with Detroit Three will mean higher costs, lower profits, overseas manufacturing

The smashmouth victory of the United Auto Workers over GM, Ford and Stellantis conjures up two Wall Street cliches: "Don't confuse brains with a bull market," and "pigs get fed, hogs get slaughtered."

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U.S. employers pulled back on hiring in October, adding 150K jobs in face of higher borrowing rates

The nation's employers scaled back their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market remains resilient despite economic uncertainties and high-interest rates that have made borrowing much costlier for companies and consumers.

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Ford factory workers approve UAW contract

Workers at a Michigan Ford facility voted to approve the tentative United Auto Workers contract with the company this week, marking significant progress toward union-wide approval.

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Abby Zwerner, Virginia teacher shot by 6-year-old, can proceed with $40 million lawsuit

A teacher who was shot by her 6-year-old student in Virginia can press forward with her $40 million against a school system over claims of negligence by school administrators, a judge ruled Friday.

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Ford offers $50K buyouts for employees as part of UAW deal

Ford will provide $50,000 buyouts to eligible employees as part of the landmark agreement between the automaker and the United Auto Workers union.

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