Labor Day not only brought the unofficial end of summer, but also, to some extent, the end of recession talk. However, a new fear may be about to take hold for investors, one that may be even worse, the fear of missing out. Because, in the blink of an eye, stock markets around the globe are rising above their August doldrums and advancing higher.
DETROIT (Reuters) – The United Auto Workers (UAW) said late on Saturday it would not extend its contract with General Motors Co (N:GM) and would decide on a course of action at a meeting of union leaders in Detroit Sunday morning that could result in talks resuming or possibly workers going out on strike.
NEW YORK (Reuters) – A federal appeals court on Friday revived a lawsuit against Fox News Network over its reporting on Seth Rich, a former Democratic National Committee employee whose unsolved murder sparked uncorroborated right-wing conspiracy theories.
Investing.com – Stocks finished the day little changed, but that might be good news.
The union will continue to work “until a course of action is decided by the UAW International Executive Board and the UAW-GM National Council,” UAW Vice President Terry Dittes said in a statement.