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What is check kiting? The viral "money glitch" that's actually fraud

The article from The Sacramento Bee discusses the ongoing labor dispute between the United Auto Workers (UAW) union and the Big Three automakers—General Motors, Ford, and Stellantis. As of the latest update, the UAW has initiated a strike against these companies, marking a significant escalation in their negotiations for better wages, benefits, and working conditions. The strike began after the union's contracts with the automakers expired, with workers walking off the job at targeted plants. The UAW is pushing for substantial wage increases, the elimination of wage tiers, cost-of-living adjustments, and the restoration of pensions for newer hires, among other demands. The automakers have countered with offers that include raises but fall short of the union's expectations. This labor action has implications not only for the auto industry but also for the broader economy, potentially affecting car prices, supply chains, and related industries. The article highlights the historical context of UAW strikes, the current economic climate, and the potential for a prolonged standoff if an agreement isn't reached soon.

Read the Full Sacramento Bee Article at [ https://www.sacbee.com/news/business/article296228619.html ]