Economy

Realtor.com reviewed data for the largest metropolitan areas in the United States to find emerging housing markets that offer a lower cost of living and thriving economies that are not too crowded.

The Associated Press is reporting that the UAW could be close to a deal with Ford, which could bring an end to the nearly 6-week-long strike against Detroit's Big Three.

National Association of Realtors Chief Economist Lawrence Yun argued that policy changes could boost housing supply. The shortage of homes is keeping upward pressure on prices.

The rate on the 30-year fixed mortgage now stands at 7.63%.

Many employees who miss remote work are taking part in a trend called "coffee badging." So-called coffee badgers come to work, grab a coffee and leave, earning their "badge" for showing up.

Measures of U.S. inflation barely declined in September, evidence that consumer price increases are grinding lower at a gradual pace.

A Clemson University professor says he attributes this to the pandemic and inflation.

GM agreed to put its electronic vehicle battery manufacturing plants under the UAW national master agreement Friday, just as the union was about to strike at the automaker's Arlington Assembly Plant.

The UAW is threatening to add more members to the picket line on Friday as talks between the union and Detroit's Big Three continue.

UAW President Shawn Fain has called an update for Friday, Oct. 6 at 2 p.m. as the strike is now reached three weeks long.

After two years of receiving federal subsidies, 220,000 child care programs across the country lost funding.

The economic damage from the strike will continue to worsen each week that workers are off the line. After last week's added targets, one automaker is expected to hit particularly hard.

About 25,000 UAW members at Big Three facilities around the country are on strike Monday morning. Thousands of union members at GM and Ford facilities joined the strike Friday.

Ford President and CEO Jim Farley will provide an update on negotiations with the UAW on Friday afternoon after union members at its Chicago Assembly Plant were called to strike.

Worker shortages have been frustrating for some employers, who raised their investments in new factories and construction projects after President Joe Biden signed into law funding for infrastructure, computer chips and a shift toward renewable energy sources.

UAW President Shawn Fain called on 7,000 Ford and General Motors union members to join the strike Friday. Workers at Ford Chicago Assembly Plant and GM Lansing Delta Assembly will walk to the picket line at noon.

The UAW and Detroit's Big Three are still working to negotiate a new agreement and both sides are claiming and escalation in violence. On Thursday, UAW President Shawn Fain blamed two of the automakers for hiring 'scab' replacement workers but Stellantis says that's not true.

UAW President Shawn Fain is expected to announce more striking locations on Friday if serious progress isn't made.

The House is struggling through a long-shot effort to pass various funding bills with no real chance of finishing by Saturday’s deadline. The stakes are rising with just days remaining before a federal closure.