General Motors workers and supporters in Bowling Green, Kentucky on Sept. 20. Photo: Reuters/Bryan Woolston/File Photo

The first U.S. auto strike in 12 years came to an end on Friday after the United Auto Workers and General Motors approved a four-year labor contract, CNBC reports.

Where it stands: UAW secured "annual lump-sum bonuses" or raises plus $11,000 ratification bonuses, per CNBC, and said it would not block GMs' plans to close four facilities across the U.S. GM committed to adding thousands of new jobs and said it would decrease the number of years required for workers to earn more than $32 an hour. Some of the union’s 48,000 members employed at GM are expected to return to work as soon as Saturday.

What they're saying: “We delivered a contract that recognizes our employees for the important contributions they make to the overall success of the company, with a strong wage and benefit package and additional investment and job growth in our U.S. operations,” said Mary Barra, GM chair and CEO.

Go deeper: GM strike complicated by union probe and political points

Go deeper

Dion Rabouin, author of Markets
48 mins ago - Economy & Business

Americans' trust in the Fed keeps falling

Data: Axios/Ipsos poll; Note: ±3.3% margin of error; Chart: Axios Visuals

Americans' trust in the Federal Reserve fell again in October, with just 34% saying they have a fair amount or a great deal of trust in the central bank in the latest Axios/Ipsos poll.

What's happening: While trust in the Fed rises with age, income level and among those who say they know more about the institution, there was not a single group where even half of respondents said they trusted the Fed.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Politics: Trump calls Fauci a "disaster" on campaign call.
  2. Health: Coronavirus hospitalizations are on the rise — 8 states set single-day coronavirus case records last week.
  3. States: California to independently review FDA-approved coronavirus vaccinesWisconsin judge reimposes capacity limit on indoor venues.
  4. Media: Trump attacks CNN as "dumb b---ards" for continuing to cover pandemic.
  5. World: Ireland moving back into lockdown as cases surge — Argentina becomes 5th country to report 5 million infections

USA Today breaks tradition by endorsing Joe Biden

Photo illustration: Aïda Amer/Axios. Photo: Win McNamee/Getty Images

USA Today, one of the largest newspapers by circulation in America, gave Joe Biden its first-ever presidential endorsement on Tuesday.

The big picture: A slew of media companies are endorsing a candidate this year for the first time ever, citing the unprecedented nature of this election.