To The Moon

A Boost for the Blue Oval In a significant development, $Ford(F)$ and the United Auto Workers (UAW) union have announced a tentative labor deal for a 4-1/2-year contract. This agreement is not just groundbreaking but also historic, as it signals the end of a prolonged strike that has lasted over a month. For both the UAW and Ford, this tentative deal is a big win, and it has the potential to influence similar negotiations with other automakers. The core of this tentative agreement involves a substantial pay boost. Workers will see a 25% wage increase over the course of the contract, which kicks off with an initial 11% raise. This is a substantial jump, and when combined with compounding and cost-of-living mechanisms, it equates to more than a 33% pay