It is reported that the United Auto Workers (UAW) union is demanding a 25% wage increase from General Motors (GM.N), Ford Motor (FN) and Stellantis (STLA.N).

RIA Novosti quoted sources as saying that General Viktor Avzharov has been appointed commander of the Russian Air Force.

Market news: U.S. Representative Austin Scott will run for Speaker of the U.S. House of Representatives.

The statement said the emir of Qatar will attend the Cairo peace summit on Saturday.

According to CNN: U.S. Representative Mark Green said he is considering running for speaker.

According to PUNCHBOWL: U.S. Representative Jack Bergman of Michigan will run for Speaker of the House of Representatives.

According to a Fox News reporter: U.S. House of Representatives member Hern said he will run for Speaker of the House of Representatives.

Former U.S. House Speaker McCarthy: Jordan will no longer be the House Republican candidate for speaker, and candidates must be reconsidered. I am worried about our next direction.

[The Palestinian Red Crescent Society said the Israeli army warned it to evacuate Gaza’s Al-Quds Hospital] According to a report by the Jerusalem Post on the 20th, the Palestinian Red Crescent Society announced that day that they had received a warning from the Israeli army, requiring them to “evacuate immediately” from Gaza. Al-Quds Hospital in the Strip, which currently houses more than 400 patients and 12,000 displaced civilians. The Palestinian Red Crescent Society calls on the international community to take urgent action to prevent another incident like the bombing of the Baptist Hospital from happening again.

Intercontinental Exchange (ICE): Speculative net long positions in Brent crude oil futures increased by 74,288 contracts to 227,462 contracts last week.

Intercontinental Exchange (ICE): Speculative net long positions in gasoline futures decreased by 5,888 contracts to 26,094 contracts last week.

Meta Platforms (META.O) spokesperson: The company canceled its participation in the Web Summit conference.

According to Politico, citing two people familiar with the matter, the United States will not re-impose tariffs on EU steel and aluminum at the end of the year even if the United States and Europe fail to reach a green steel agreement. The decision not to re-impose tariffs is intended to create "breathing space" for negotiations.

Fed Mester: The impact of climate change on the economy and financial system cannot be ignored; the Fed must put climate change issues in context with its mission.

Fed Mester: No matter how interest rates change, the balance sheet should be reduced.

Fed Mester: The Fed may need to reduce its balance sheet for a few more years.

The Fed accepted a total of $1.139 trillion from 102 counterparties in fixed-rate reverse repurchase operations.