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Economy
Port strike: Longshoremen union’s demand for total ban on automation questioned
As thousands of dockworkers are preparing to strike should a deal not be reached by…
How long will it take the supply chain to normalize after dockworkers strike?
Unionized dockworkers suspended their strike at East and Gulf Coast ports on Thursday night until…
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…
Federal Reserve cuts interest rates for first time in 4 years
The Federal Reserve on Wednesday announced a long-awaited interest rate cut, lowering the benchmark rate…
