Economy News United Auto Workers Strike Cost To Us Economy Nears $8 Billion
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Government shutdown costing the economy billions of dollars each week
Estimates of the economic hit from the U.S. government shutdown put the losses at up to $16 billion every week the impasse continues. Read More
United Auto Workers votes for strike authorization
The United Auto Workers Union voted Wednesday night in favor of a strike authorization for workers at the Volkswagen Chattanooga plant. Read More
Volkswagen Chattanooga workers call for higher pay: 'It's corporate greed'
Volkswagen’s Chattanooga plant released its “last, best and final contract offer” last month to workers seeking higher pay, health care, retirement, attendance and more. The offer included a 20% wage ... Read More
Shutdown could cost US economy $15 billion a week, Treasury says
Bessent earlier estimated cost of shutdown at up to $15 billion a day Bessent says shutdown is cutting 'into muscle' of US economy US Treasury chief says deficit was lower in fiscal 2025 Bessent says ... Read More
Federal shutdown could cost US economy up to $14 billion
The federal government shutdown could cost the U.S. economy between $7 billion and $14 billion, shaving up to 2% from gross domestic product in the fourth quarter due to the lapse in government ... Read More
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