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FBN’s Robert Gray with an afternoon market update and news that the UAW has lost arbitration against pay increases, according to The Wall Street Jou...
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You're Fox Business raise initial jobless claims surged to 386000.
Last week in the trend of higher revisions continues.
The prior week's claims -- bumped up by 2000 to 352000.
-- -- more volatile than usual due to differences in the timing of auto layoffs that normally occur this time of year.
-- the United Auto Workers Union has reportedly lost an arbitration case against some pay increases.
That's according to the Wall Street Journal the UAW claim Ford violated parts of the 2007 collective bargaining agreement.
And another -- is the automaker recalled more than 111000.
Models of its escape sport utility vehicles with the one point six liter engines in North America.
Recall is made because -- compartment fuel lines can split handedly fueled causing fires under the hood.
That is the latest from Fox Business giving you end -- power to --
