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Economy

G.M. Walkout Begins to Pinch Suppliers and Canada Plants

The strike that has shut down General Motors plants in the United States since Monday is starting to ripple through the automaker’s supply chain, causing layoffs and production stoppages by parts makers and components manufacturers across the Midwest. “My whole plant is shut off,” said Robert Jacobson, chairman of United …

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Fed Cuts Interest Rates by Another Quarter Point

WASHINGTON — The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, its second cut since late July, and suggested it was prepared to move aggressively if the United States economy shows additional signs of weakening. For now, a growing number of Fed officials expect …

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