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Economy
Port strike to burden supply chain while Hurricane Helene victims await relief
The looming massive port strike expected to start at midnight Tuesday could have severe consequences…
US consumer sentiment falls more than expected as inflation fears rise
U.S. consumer sentiment and Americans' view on the economy both fell more than expected in…
Port employers meet with Biden admin as potential strike looms next week
The White House on Friday confirmed that officials have met with a group representing port employers…
Inflation measure closely watched by the Fed fell to 2.2% in August
An inflation gauge closely watched by Federal Reserve policymakers continued to slow in August as…
Port employers file complaint against union to resume negotiations as strike looms
Employers at East and Gulf Coast ports on Thursday filed an unfair labor practice complaint against…
What kinds of product shipments would be disrupted by port strike?
A looming strike by roughly 45,000 unionized dockworkers at seaports on the East and Gulf coasts…
Consumer confidence falls by largest decline in 3 years
Consumer confidence tumbled in September, marking the sharpest drop in more than three years as…
Last full-size Kmart in US to close
The last full-size Kmart store in the continental United States is set to close in…
Potential port strikes send ripple effects through supply chain, threaten inflation
The threat of port strikes on the East Coast and Gulf of Mexico is sending…
Federal Reserve governor explains dissent from 50 basis point rate cut
Federal Reserve Governor Michelle Bowman on Friday issued a statement explaining her decision to dissent…
Fed’s Powell says immigration surge boosted unemployment rate
Federal Reserve Chair Jerome Powell said Wednesday that immigration is helping push the unemployment rate…
Fed’s Powell: policymakers noted ‘artificially high’ jobs data, revisions
Federal Reserve Chair Jerome Powell said Wednesday that the central bank considered reports that recent…
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