VatradeCoin Monitor

UAW President Shawn Fain's most recent update on contract talks with Detroit Three automakers left out a number of original demands, prompting some experts to wonder whether the talks are starting to focus on what really needs to get done.

Fain laid out for union members Friday the most recent offer from Ford Motor Co. and the areas the union considers gains with the company, signaling to General Motors and Stellantis where they might be coming up short. For example, Fain said, Ford agreed to reinstate a cost-of-living adjustment (COLA), which would be a big win. He said neither GM nor Stellantis had offered the same.