What UAW Members Gained With 6-Week Detroit Automakers Strike

What UAW Members Gained With 6-Week Detroit Automakers Strike

To hear the United Auto Workers’ fiery new president, Shawn Fain, tell it, Detroit’s largest automakers enjoyed years of lavish profits thanks to concessions made by its workers through the lean years before and after the 2009 recession. So as the UAW’s contract with the Big Three automakers expired in mid-September, the UAW authorized strikes … Read more

Personal Finance: Stock Funds Can Be Difficult to Compare. Try the PEP Ratio.

Personal Finance: Stock Funds Can Be Difficult to Compare. Try the PEP Ratio.

The holy grail of stock investing is buying great companies on the cheap. Stock picker Peter Lynch plied a variation of that strategy to fame and fortune in the 1980s using his so-called PEG ratio. It compares companies’ valuation, as measured by their price-earnings ratio, with expected growth to find stocks that offer the highest … Read more