Additional labour costs from the four-year and eight-month agreement will total USD 8.8 billion by the end of the contract, translating to ...

The US Monetary Policy Committee eyes a potential tightening if inflation progress falls short. Despite maintaining the 5-1/4 to 5-1/2 per ...

The United Auto Workers (UAW) union has reached a tentative contract agreement with Ford, potentially ending the nearly six-week-long strik...

Put another way, the Federal Reserve’s restrictive monetary policy is tightening financial conditions by design. The two-month damage to st...

In the past the union had picked one company as a potential strike target and reached a contract agreement with that company that would ser...

Unencumbered by an activist union, Tesla can take advantage of the work stoppages to add to its substantial lead in battery technology and ...

They expect economic growth to slow next year to about 1.5%, from 2.1% this year, and for the unemployment rate to go no higher than 4.1%, ...

European Central Bank policymakers want to soon start discussing how to tackle the multi-trillion-euro pool of excess liquidity sloshing ar...

The U.S. Federal Reserve officials are facing new risks to their goal of squelching inflation without a recession. The officials will meet ...

The United Auto Workers (UAW) strike against General Motors (GM), Ford, and Stellantis, collectively known as the Big Three automakers, has...

On Wednesday, the United Auto Workers unveiled a plan to initiate a series of strikes directed at specific U.S. auto plants. This marks the...

The United Auto Workers union is considering the possibility of initiating strikes at specific automotive plants if new contracts cannot be...

Those higher rates have begun to bite: Job growth has slowed, and inflation in the last couple of months has come down sharply, hitting 3.3...

Detroit residents are struggling to come to grips with what would have been unthinkable as recently as 2004, when GM was completing a 10-ye...

With GM's future uncertain, the automaker received $13.4 bn in rescue loans and faces restructuring plan deadline, Rollin Green may represe...

The United Auto Workers union could meet some resistance as it tries to wrap up contract negotiations at struggling Ford Motor Co. and priv...

You have almost certainly never heard of the Treaty of Detroit, which you may connect with the French and Indian War (1756-1763).