[URL unfurl="true"]https://www.foxbusiness.com/markets/fed-decision-instacart-ipo-uaw-strike-week-ahead[/URL]
The stock market
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[URL unfurl="true"]https://finance.yahoo.com/news/stocks-end-lower-amid-fed-meeting-instacart-ipo-stock-market-news-today-200516774.html[/URL]
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I sure hope everyone is enjoying this!
Enjoying what?
What is running this country... I was being sarcastic.
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[URL unfurl="true"]https://www.foxbusiness.com/markets/tesla-winner-uaw-strike-against-detroits-big-three[/URL]
EV-maker Tesla has long enjoyed a cost advantage over the [[U]Big Three[/U]]('https://www.foxbusiness.com/category/auto') – Ford, General Motors, Stellantis – in part because it lacks the overhead that comes from the wages and benefits paid to unionized workers.
A note from analysts at Wedbush Securities published on Friday, when the strike began, highlighted the predicament facing Ford CEO Jim Farley and GM CEO Mary Barra in particular.
"Our worry is this could be a long and nasty strike which would be an absolute debacle for the Detroit Three. Take this UAW deal on the table and the business models in Detroit are not sustainable/profitable… a very frustrating quagmire situation as Barra and Farley have done a good job transforming the stalwarts" to compete in the EV space, the analysts wrote.
[URL unfurl="true"]https://www.foxbusiness.com/economy/fed-linterest-rate-hike-decision-high-mortgage-rates-could-be-here-stay[/URL]
No worries, transitory. Now they are starting to talk about 2026?
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[URL unfurl="true"]https://finance.yahoo.com/m/a5bbff3f-2488-39df-9d34-f31e3d4608fc/stocks-are-nosediving-here%E2%80%99s.html[/URL]
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