Rewriting of House Vacation Rule & UAW Ford Deal

Heyo, reader! We hope you’re having a good Monday morning!

Fun Fact: Did you know? 😺 If you give your kitty a backward fur massage when it's super dry, zap! You might just light up a fluorescent bulb! Talk about a bright idea for a party trick, right? 💡

2️⃣ This Morning’s Two Reports:

• 🏛️ Power Shift in the House: New Speaker's Bold Move

• 🚗 UAW and Ford Drive Toward New Deal

✂️ Market Snippet | Monday Edition

Stocks (Year-to-date)

• DOW: 🔽 2.17% (32,417.59)

• S&P 500: 🔼 7.67% (4,117.37)

• NASDAQ: 🔼 21.72% (12,643.01)

Cryptocurrency (Year-to-date)

• BTC: 🔼 108.20% (34,572.50)

• ETH: 🔼 49.82% (1,797.68)

Real Estate Mortgage Rates

• 15-year: 7.24% +0.01

• 30-year: 7.88% +0.01

_{*Stock numbers as of market close Friday, cryptocurrency as of 7:40pm EST yesterday. Real estate rates as of yesterday via Mortgage News Daily.}

🏛️ Power Shift in the House: New Speaker's Bold Move

In a bold stride, House Speaker Mike Johnson has spoken out on possibly changing a crucial rule. 🛠️ This rule allows any single member to start a "motion to vacate," which could lead to ousting the Speaker with a simple majority vote. Johnson's stance comes after the recent unprecedented removal of his predecessor, marking a potentially transformative moment in how political power is balanced within the House. 🗳️

TL;DR ⏳: Mike Johnson, the new House Speaker, is considering a change to prevent the easy ejection of a Speaker. 🗣️

🚗 UAW and Ford Drive Toward New Deal

The United Auto Workers (UAW) union is revving up to begin ratifying a proposed contract with Ford, promising a substantial 25% wage increase over 4.5 years. 📈 As they shift gears towards approval, UAW members will soon cast their votes. Meanwhile, the union's negotiations with General Motors (GM) are still on the road, despite some bumps, like the recent strike at GM's Spring Hill, Tennessee plant. 💼

TL;DR ⏳: It's decision time for the UAW as they prepare to vote on a hefty pay raise deal with Ford. 🏁

⚡ BulletList Roundup (10 Headlines)

1. 🇮🇱 Israel intensifies Gaza ground assault, Netanyahu signals 'second phase' in conflict with Hamas

2. 🤝 Netanyahu offers apology for misattributing blame to security heads in botched Hamas operation

3. 🚨 FDA advises parents to lead test after discovery in WanaBana fruit puree

4. 🏛️ Mike Pence opts out of GOP presidential race

5. 😌 Maine towns breathe sigh of relief as suspect in 18 killings found deceased

6. 🌉 Chinese diplomat cautions rough waters for proposed Xi-Biden San Francisco summit

7. 🎃 Consecutive Halloween sees U.S. candy prices soaring into double-digit inflation

8. 🍣 G7 demands swift end to restrictions on Japanese food imports, urges China to act

9. 🏢 Google's CEO set to testify as key figure in major antitrust case

10. 💔 Matthew Perry, famed 'Friends' actor, passes away at 54

Tricky Trivia answer: George Orwell

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