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Behind the GM-UAW strike: Two combatants with something to prove

GM wants to show Wall Street it is more assertive than the company that collapsed into bankruptcy a decade ago. The union is confronting membership declines, a federal corruption investigation and dissent from within. Both sides face pressure from President Trump.

Trump's $28 billion bet that rural America will stick with him

Farmers caught in the trade war have become dependent on government payments.

Former Overstock CEO sells shares, blames SEC and 'Deep State'

Patrick Byrne’s dramatic exit from Overstock.com Inc. had a surprise second act Wednesday, as the former chief executive sold his large stake in the company and blamed the Securities and Exchange Commission, which he referred to as “the Deep State’s pets.”

3 things NOT to do with your savings as the Fed cuts rates

Already, the Fed’s rate cut has affected banks’ decision-making.

When consumers boycott businesses, does it work?

Nike, Chick-fil-A and more major businesses have been boycotted.

US futures point to slightly higher open

U.S. stock index futures were slightly higher Friday morning.

Rogue oil trader loses $320 million

Mitsubishi Corp. said a rogue oil trader at its Singapore unit lost $320 million on unauthorized transactions disguised as legitimate hedges for customers.

Saudi Arabia's oil troubles don't rattle the U.S. as they used to

American oil production has more than doubled since the 2000s, making the economy less vulnerable to oil price shocks.

Economic confidence hits lowest level since government shutdown

The economic confidence of Americans has hit the lowest level since the federal government shutdown ended in January. Some of the decline has to do with worries about a recession.

Amazon will start letting people pay with cash because not everyone has credit cards

The new Amazon PayCode service is the company’s latest attempt to court Walmart shoppers.

UAW leader reports 'some progress'; suppliers start layoffs

Progress has been slow in contract talks between General Motors and the striking UAW, people familiar with the discussions told the Free Press on Thursday.

Who are the Sacklers, the family behind maker of OxyContin?

For a family with its name on a wing of one of the world's most famous museums and a school at a prestigious university, members of the Sackler clan have done a remarkable job of vanishing from public life. 

FAA waiting for more software details before 737 MAX can return to service

FAA waiting for more software details before 737 MAX can return to service

US economy doesn't need any rate cuts, says billionaire investor Howard Marks

Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.

Prolonged funding stress boosts call for permanent Fed fix

Signs that stress in U.S. funding markets is rebuilding ramped up pressure on the Federal Reserve to permanently increase reserves by boosting Treasury holdings, even as it was preparing a temporary liquidity injection for the fourth straight day.

Trump grants tariff exemptions to plastic straws, dog leashes and more from China

More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.