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Wentzville automakers rally just days before potential strike

1 year 4 months ago
Members of the United Auto Workers Union (UAW) say they will begin their strike at 11:59 p.m. on Thursday if their demands are not met. That day will mark the current contract expiration date. Currently, UAW workers at the GM plant in Wentzville say they're only eligible for a 6% raise with no pension or retirement plan for when people stop working. UAW Local 2250 held a rally on Sunday near the Wentzville plant to show the corporations how serious they are. Union members who attended shouted…
Diamond Palmer

Washington University to adopt 'no-loan' financial aid policy in 2024

1 year 4 months ago
Washington University will adopt a new financial aid policy next fall that aims to increase the affordability of an undergraduate degree from the school. Under the "no-loan" policy, federal loans for undergraduate students will be removed from all financial aid packages and replaced with scholarships and university grants, according to a news release from the university. The move will help ensure all students can earn a degree from the school without acquiring thousands of dollars in debt. "We…
Jennifer Somers

Bankers provide insight on trends to watch in the construction industry

1 year 4 months ago
Recent reports show good news in the construction industry — spending was up across most nonresidential categories in April, even in the face of recession fears. Spending on nonresidential construction totaled $1.05 trillion in April on a seasonally adjusted basis, according to an Associated Builders and Contractors (ABC) analysis of data published by the U.S. Census Bureau on June 1. That’s up 1.9% from March and up 25.3% from April 2022. “Manufacturing-related construction spending growth…
Commerce Bank

GasBuddy warns prices at the pump could jump as much as $1 per gallon in a matter of days

1 year 4 months ago
St. Louis drivers should prepare for a price jump at the pump, according to two of the leading gas price trackers. Both AAA and GasBuddy are warning drivers in the St. Louis area of an impending price increase as summer comes to an end. GasBuddy said prices could "spike anywhere from 50 cents to $1 per gallon over the next several days." A press release from GasBuddy said trade sources told them the short-term spike may be due to a refinery outage, but said "there are few details on the particulars…
Sam Clancy