With the contract between the United Auto Workers union and the three major carmakers in the U.S. set to expire just shy of midnight, there is a lot at stake, including an already fragile economy. Cheddar News senior reporter Michelle Castillo talked about what the union is seeking in its new agreement and whether or not the big three automakers are willing to concede or meet somewhere in the middle.
The Biden administration announced the first of many coming federal investments in computer chip production, saying Monday that it would provide $35 million for BAE Systems to increase production at a New Hampshire factory making chips for military aircraft, including F-15 and F-35 jets.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.