McCarthy challenges right flank in urgent Capitol clash
Speaker Kevin McCarthy pressed hard right Republicans behind closed doors amid threats to oust him over spending bills and a looming government shutdown. He warned “file the f motion” as allies and foes argued over a path to avert a funding crisis and Biden administration opposition.
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Looming United Auto Workers Strike Shocks Auto Network
Detroit industry braces for a possible United Auto Workers strike at General Motors Ford and Stellantis if no deals are reached by the Thursday deadline. Suppliers fear ripple effects across Tier 2 and 3, while workers push for higher wages and restored cost of living adjustments amid record profits.
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Stocks Rally On U S Economy Signals And Inflation Watch
Wall Street rose sharply as multiple reports painted a still-strong U S economy with inflation risks. The S P 500 gained 0.8 percent, the Dow up 331 points and the Nasdaq by 0.8 percent, while bond yields fluctuated.
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