Business

Labor strikes and contract negotiations have recently been in the news more than they have been in years. The United Auto Workers went on strike Sept. 14 after the UAW and Detroit’s Big Three, General…

United Auto Workers President Shawn Fain called for 7,000 more employees of Ford and General Motors to go on strike at noon ET Friday. He said union members at Ford’s Chicago assembly plant and GM’s…

The U.S. air travel system is huge and complicated, and it could show significant signs of stress in the event of a federal government shutdown. As the hours tick by without any indication of progress…

Mortgage interest rates just hit a level not seen since the year 2000. As a result, mortgage demand is now sitting near a 27-year low. Total mortgage application volume fell 1.3% last week compared with…

The U.S. air travel system is huge and complicated, and it could show significant signs of stress in the event of a federal government shutdown. As the hours tick by without any indication of progress…

Rite Aid, the third-largest U.S. drugstore chain, is reportedly preparing to seek bankruptcy protection and could close 400 to 500 stores. The Wall Street Journal reported Friday that Rite Aid was negotiating with creditors about…

If the federal government shuts down Sunday, numerous publicly funded agencies will stop work and their employees won’t be paid, but Social Security checks will still go out. Social Security is considered a mandatory program,…

Hyundai and Kia are recalling a combined 3.37 million vehicles in the United States due to the risk of engine fires, telling owners to park outside and away from structures until repairs are complete. The automakers say…

JPMorgan Chase has reached a $75 million settlement with the U.S. Virgin Islands over a lawsuit accusing the nation’s largest bank of facilitating Jeffrey Epstein’s sex-trafficking enterprise for 15 years, according to statements released by…

Target said Tuesday that it will close nine stores in major cities across the country, citing violence, theft and organized retail crime. The company will close one store in New York City’s Harlem neighborhood, two locations…