22:19:32
United Auto Workers (UAW) President Fain: Ford Motor (FN) agreed to convert temporary employees with at least 90 days of employment to regular employees upon approval and also agreed to restore cost-of-living allowance (COLA).
22:19:01
United Auto Workers (UAW) President Fain: There are no concessions on the negotiating table.
22:18:46
United Auto Workers (UAW) President Fain: Ford Motor (FN) has agreed to an improved profit-sharing formula. There are still serious issues with Ford, but the automaker is serious about reaching a deal.
22:18:02
United Auto Workers (UAW) President Fain: We have won additional job security from Ford Motor Company (FN) amid layoffs.
22:17:38
United Auto Workers (UAW) President Fain: Ford Motor Co. (FN) made improvements in its contract proposal, including the right to strike against plant closures.
22:16:22
Fain, president of the United Auto Workers (UAW), said the union has made progress in contract negotiations with Ford Motor (FN).
22:16:04
UAW President Fain: Stellantis (STLA.N) and General Motors (GM.N) will need a tough push.
22:15:29
United Auto Workers (UAW) President Fain: The public is on our side.
22:15:16
Faraday Future (FFIE.O) once rose nearly 17% during the session and is now up 14.2%.
22:11:55
Market News: The United Auto Workers (UAW) strike will target parts plants of General Motors (GM.N) and Stellantis (STLA.N).
22:07:10
Research and consulting firm Anderson Economic Group: The automation strike has cost more than $1.6 billion.
22:03:50
The United Auto Workers union (UAW) will not expand its strike against Ford Motor Co (FN), sources said.
21:53:57
General Motors (GM.N) fell short-term, with gains narrowing to 0.12%, after rising nearly 2.5%. Stellantis (STLA.N) is now close to flat, after rising 1.5%.
21:52:27
Market News: Sources revealed that the United Auto Workers (UAW) is expected to announce a new large-scale strike against Stellantis (STLA.N) and General Motors (GM.N).
21:50:45
Russian Economy Minister Reshetnikov: It is expected that the equilibrium exchange rate of the Russian ruble against the US dollar will be between 90-92 from 2024 to 2026.
21:50:25
Russian Economy Minister Reshetnikov: The Russian ruble will appreciate to 94 against the US dollar before the end of the year.
21:49:53
ING Bank: Hungary may slow interest rate cuts to 25 basis points per month starting in October.
21:49:32
Russian Economy Minister Reshetnikov: It is expected that Russian oil export prices will reach US$70 per barrel from 2024 to 2026.
21:47:30
The preliminary value of the Markit manufacturing PMI in the United States in September was recorded at 48.9, a new high in two months. The preliminary value of the Markit services PMI in the United States in September was recorded at 50.2, a new low in eight months. The preliminary value of the Markit Comprehensive PMI in the United States in September was recorded at 50.1, a new low in seven months.
21:45:53
The U.S. dollar index DXY fell 10 points in the short term and is currently at 105.50.