>>Coming Up In The Business Week Ahead 

(Undated)  --  A slew of economic reports are on the horizon this week.  Nothing notable today, but that changes on Tuesday with the S&P Case-Shiller home price index.  New homes sales are due the following day.  GDP data, weekly jobless claims and pending home sales come out Thursday, with the week wrapping up on Friday with word on personal income and spending along with consumer sentiment.

 

>>SAG-AFTRA Negotiations To Resume Tuesday

(Los Angeles, CA)  --  Negotiations between SAG-AFTRA and Hollywood's studios will resume on Tuesday.  Nearly two weeks after management halted discussions, on Saturday a joint statement from the actors union and the studios said they're willing to return to the bargaining table.  The news came a day after SAG-AFTRA thanked union members for their unwavering solidarity over the last hundred days.  Union members are asking studios for better pay, protections against A.I., residuals from streaming, and more. 

 

>>UAW President Says Progress Made With GM, Stellantis

(Detroit, MI)  --  United Auto Workers president Shawn Fain says progress is being made in contract talks with General Motors and Stellantis, but says Ford "continues to stew" about their demands and pretend they can't afford what's being asked for.  The wages at all three automakers would rise 23-percent in the current contract offer.  Fain is asking for a 40-percent raise al all three. He adds GM and Stellantis received their message after the UAW announced a strike at Ford's Kentucky plant. 

 

>>FTX Fraud Trial To Resume This Week

(New York, NY)  --  The criminal fraud trial against former crypto billionaire Sam Bankman-Fried [[ freed ]] continues later this week in a Manhattan courtroom.  The founder of crypto exchange FTX faces seven criminal charges related to the collapse of the company late last year.  Bankman-Fried could face life in prison if fully convicted.  

 

>>Aldi Promises Major Discounts For Holidays

(Batavia, IL)  --  Aldi supermarkets are promising customers some big savings this holiday season.  The grocery store chain announced "customers will see price reductions of up to 50-percent on items across the store" beginning November first.  Aldi's has over two-thousand locations across the U.S. and says the sales will last throughout the holidays.  It will be a welcome relief for many; the USDA reports grocery costs are up three-percent compared to last year.