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☆ Biden Joins U.A.W. Strike President Heads to Picket Line in Michigan to Court Autoworkers
▼ + stars: | 2023-09-26 | by ( Katie Rogers | Neal Boudette | ) www.nytimes.com time to read: +4 min

The high-profile contract fights have played out across the country, just as public opinion has been turning more in favor of organized labor. UPSThe union representing more than 325,000 UPS workers, the International Brotherhood of Teamsters, spent months negotiating a new contract with the company. The workers’ key demands included better pay for part-time workers, whom the company relies on heavily during busy periods, and improved heat safety. The work stoppage has grown in scope since, with the union expanding its strike to include spare-parts distribution centers for G.M. has pointed to growth in profits and chief executive compensation in making its demands for improved compensation for its members.

Persons: they’ve, —, Shawn Fain Organizations: United Automobile Workers, SAG, Writers Guild of America, International Brotherhood of Teamsters, Gallup, Bureau of Labor Statistics, Hollywood, Guild of America, UPS, United Auto Workers, U.S, — Ford, General Motors, Teamsters Locations: Hollywood, Staten

Later this week, as many as 150,000 U.S. autoworkers may walk out in a historic strike against the three Detroit automakers, General Motors, Ford and Stellantis. The United Auto Workers union and the Big Three are still far apart in talks, and have only two days left to negotiate a new labor contract before the deadline. Neal Boudette, who covers the auto industry for The New York Times, walks us through a tangled, decades-long dynamic and explains why a walkout looks increasingly likely.

Persons: Neal Boudette Organizations: Detroit, General Motors, Ford, United Auto Workers, The New York Times

☆ July Inflation Report Price Pressures Expected to Pick Up Slightly
▼ + stars: | 2023-08-10 | by ( Jeanna Smialek | Neal Boudette | ) www.nytimes.com time to read: +3 min

Instead, Wall Street analysts and policymakers at the Federal Reserve will scrutinize the “core” inflation measure that strips out food and fuel prices, which can be volatile. When it comes to the monthly change in core inflation, the news could be a lot more encouraging. If that pans out, it would make for the lowest back-to-back core inflation readings since early 2021. Still, the inflation report could be more difficult for the Biden administration to brag about than the last few reports, which showed across-the-board cooling. “Core inflation pressures are cooling down,” she said.

Persons: Biden, “, ”, Laura Rosner, Warburton, ” Carl Riccadonna Organizations: Inflation, Wall Street, Federal Reserve

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