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US economic toll of East Coast and Gulf port strike could be billions per day, trade expert warns
National Association of Wholesaler-Distributors CEO Eric Hoplin suggests that the union is being "too unreasonable" as a potential strike could cost the U.S. economy billions.
Potential union strike threatens the East and Gulf Coast economy
A potential strike could impact ports across the United States, including the Port of Mobile. The International Longshoreman Association union represents over 45,000 workers on the East and Gulf coasts.
Largest port on U.S. East Coast, New York/New Jersey, begins prepping for what could be first union strike since 1977
A deadline of Oct. 1 for a new deal between port workers and ownership is approaching, and after talks broke down during the summer, tensions are high.
Biden Admin in ‘No-Win Situation’ Ahead of Possible East Coast Port Strike
President Biden reportedly doesn't intend to invoke the Taft-Hartley Act to delay a strike, but the consequences could be dire either way.
Concern grows about a potential East Coast and Gulf Coast dock workers' strike
While Wall Street celebrated the Federal Reserve’s first interest rate cut in four years, importers and supply chain experts are warning of an economic cat
1h
Harris Vs. Trump On The Economy: Trump Now Holds Just Slim Lead On Issue In Latest Poll
A New York Times and Siena College poll released Thursday found 54% of respondents trusted Trump to lead the economy compared ...
Marketplace
41m
Generic drugs in the U.S. face new economic pressures 40 years on
The generic drug industry in the U.S. has saved people billions of dollars, but shortages are now the norm and competition is ...
2h
Analysis-Rate cuts are here, but US stocks may have already priced them in
As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued U.S. stocks ...
2d
on MSN
The U.S. economy is strong by one measure. Why the Fed is set to lower borrowing costs anyway.
A giddy Wall Street projects the Federal Reserve will dramatically reduce interest rates over the next year, even though the ...
3d
As Fed cuts loom, health of US economy could determine markets' path
How stocks, bonds and the dollar perform after the Federal Reserve kicks off its rate-cutting cycle could depend on one ...
Axios on MSN
4h
U.S. fears Israeli minister may crash Palestinian banks, cause economic collapse
The Biden administration is highly concerned Israel's finance minister will cut Palestinian banks off from the Israeli ...
1d
on MSN
Fed rate cuts are arriving too late and layoffs show the US economy is already in a recession, bond king Jeff Gundlach says
Layoff announcements climbed 193% over the last month, according to a report from the consultancy Challenger, Gray, & ...
2h
Voters split on whether Harris or Trump would do a better job on the economy: poll
The finding is a warning sign for Trump, who has tried to link Harris to President Joe Biden’s economic track record.
3d
on MSN
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is ...
2h
on MSN
U.S. Awards $3 Billion for EV Battery Production to Counter China
The $3 Billion financial grants will fund 25 projects in 14 states, including election battleground states such as Michigan ...
Condé Nast Traveler on MSN
17h
Emirates Is Bringing Its Popular Premium Economy Seats to 6 US Cities
In good news for American travelers, Emirates has just announced that it will be introducing refurbished Boeing 777s on 6 new ...
13h
on MSN
The US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out
Congress needs to pass a spending bill by September 30 to avoid a partial government shutdown. Dockworkers and ports must ...
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