U.S. new vehicle sales, including retail and non-retail transactions, are estimated to reach 1,309,900 units in September, a 13.8% jump from a year earlier, a joint report by J.D. Power and GlobalData showed on Thursday. The impact of the UAW strike has had negligible effect on September sales, according to the report. 'However, depending on the duration and scope of the (work)stoppage, there could be disruption to sales results in October and beyond,' Thomas King, president of the data and analytics division at J.D. Power, said in a statement.
Federal Court has granted approval for a class-action lawsuit alleging price-fixing and anti-competitive practicesCalgary police have two people in custody after a shooting that occurred outside the Calgary International Airport that police believe was a result of road rage.At approximately 12:10 p.m. on Wednesday, police were called after reports of shots fired along Airport Road N.E., close to the airport's cellphone parking lot, a CPS spokesperson told CBC News.
Chad Scannell will not be able to drive for one year and will pay a fine of $3,000 for an offence under the Highway Traffic Act following a fatal accident that killed two. A 55-year-old man who fell asleep while driving and killed two people has been fined $3,000 and is banned from driving for one year.On Sept.
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Mike Pence on Fed, inflation, economy, UAW, shutdown: YF ExclusiveFormer Vice President Mike Pence formally launched his 2024 presidential campaign in June. Ahead of the second GOP debate on September 27, Pence joined Yahoo Finance Live for an exclusive interview. Among other trending topics, the former Vice President weighed in on the Federal Reserve, inflation, tax cuts, the UAW strike, and the potential government shutdown. Federal Reserve: When discussing the Fed, Pence says he would 'absolutely go in a different direction with the chairman of the Federal Reserve (Jerome Powell).' The former Vice President continued, 'We need fresh leadership at the Fed that's going to step forward and join us in an effort to really tackle the inflation that is waging war on American families.' Economy: Pence outlined his plans for the economy if he were to be elected President. In addition to making 'the Trump-Pence tax cuts permanent,' Pence said, 'We need to take a hard run at getting to a 15 percent corporate tax rate in this country.' UAW strike: The former Vice President believes that the current UAW strike against the Big 3 automakers – Ford (F), General Motors (GM), and Stellantis (STLA) – can be attributed to 'Bidenomics.' Regarding the current policies of the Biden administration, Pence said, 'The green new deal buried in that so-called 'Inflation Reduction Act' is waging war on people that manufacture combustion engine automobiles. Let's get beyond this ... electric vehicle mandate and subsidies, and let's bring policies that will really get wages rising in the country.' Border wall: Pence says that he would resume construction of the border wall on 'day one' if he were elected President. The former Vice President explained, 'A nation without borders is not a nation ... I think securing the southern border of the United States, ending this avalanche of more than 5 million people into our country, is really job one.' Government shutdown: Regarding the potential government shutdown, Pence encourages 'Speaker (of the House Kevin) McCar
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Biden visits UAW picket line, tells union to 'stick with it'VAN BUREN TOWNSHIP, Mich.
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Former VP Pence talks Fed Chair Powell, UAW strikes, border wall in exclusive YF Live interviewFormer Vice President Mike Pence wants to return to the White House, this time, as President. In an interview with Yahoo Finance Live's Seana Smith, Brad Smith, and Rick Newman, Pence weighs in on everything from the Federal Reserve to war in Ukraine. Pence makes it clear he is not a fan of Fed Chairman Jerome Powell, saying he would 'absolutely go in a different direction with the chairman of the Federal Reserve.' Pence argues that Powell has been playing 'catch-up,' adding that he would also get rid of the Fed's dual mandate. Like many Republicans, Pence wants to see the Trump tax cuts made permanent. Pence though, wants to take it a step further. The Trump tax cuts cut the corporate tax rate from 35% to 21%. Pence wants to take that down to 15%, saying it will give American businesses more of an advantage. Pence also takes a swipe at his former boss, saying former President Donald Trump's talk of imposing a 10% tariff on all imports could be 'one of the largest tax increases in history.' Both President Biden and former President Trump plan on visiting striking UAW workers. Pence argues that 'Bidenomics' is 'driving' the strike, saying that under Biden's policies, wages are not keeping up with inflation and that the 'Green New Deal buried in that so-called Inflation Reduction Act is waging war on people that manufacture combustion engine automobiles.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Key video moments: 00:01:04 Why Pence wants to go 'in a different direction' with Fed chair 00:04:16 Pence on Trump tax cuts, why he wants to cut the corporate tax rate to 15% 00:06:30 Pence blames 'Bidenomics' for UAW strike 00:10:10 Pence explains why U.S. businesses should support the GOP 00:12:13 What Biden policies Pence would change on day one 00:14:44 Pence on the border wall 00:15:33 What Pence's policy on Ukraine would be if elected 00:17:37 Pence discusses what is happening in the Republican pa
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Factbox-Biden vs. Trump in Michigan: Views on unions, the UAW auto strike(Reuters) - U.S. President Joe Biden and 2024 Republican front-runner and former President Donald Trump both travel to Michigan this week to talk to ...
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UAW strikes: Biden to visit picket line as Ford pauses Michigan battery plantA momentous day is on tap for the UAW and its ongoing strike with the Big Three as President Biden joins the picket lines in Michigan.
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