Port Strike, If Short, Won’t Spur Inflation, Economists Say
The United States Maritime Alliance (USMX), the alliance of port associations, container carriers, and employers, has failed so far to negotiate a new master contract with the International Longshoremen’s Association (ILA) that represents 85,
A port strike could cost the economy $5 billion per day, here's what it could mean for you
Longshoremen going on strike at East Coast ports in the US could cost the US economy $5 billion a day and cause holiday shipping delays, experts say.
What to expect if port workers strike, and how it may affect the economy
Negotiations between longshoremen and port operators broke down in June and the two sides have barely been speaking. The current contract expires at midnight Monday.
Thousands of port workers poised to strike, threatening economic disruption
Thousands of port workers may walk off the job, threatening an economic catastrophe, if a new labor agreement isn't reached soon.
How could port workers looming strike affect the economy? Experts say it might not last long to see
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Port worker strike could trigger supply chain delays, shortages
The United States could face another supply chain crisis as tens of thousands of port workers across more than a dozen states are threatening to go on strike. The disruption could impact nearly half of all goods shipped in the U.
U.S. Port Strike Set To Start Tuesday Threatens To Cause Nationwide Shortages and Worsen Inflation
Disruptions at major U.S. ports could delay shipments and raise prices on consumer goods, Biden Administration won't intervene.
Fed Chair Jerome Powell: 'Growing confidence' inflation cooling, more rate cuts possible
Powell said two more rate cuts are possible if the economy continues to perform as expected, though they are likely to not be ...
Trump’s Plans Could Spur Inflation While Slowing Growth, Study Finds
A nonpartisan economic analysis warned that deporting migrants and increasing tariffs would damage the U.S. economy.
Fed’s triumph over inflation shows the need for some institutions to be free from politics
In the clamor of the campaign season, we are missing what should be a landmark event.
The Fed sees its inflation fight as a success. Will the public eventually agree?
With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that ...
August PCE: Key fed inflation gauge rises 2.2.% annually, beating expectations
Inflation continued to inch closer to the Federal Reserve benchmark target Friday, falling to 2.2% year-to-year in August, ...
Trump’s promises would spike inflation and wipe out jobs, study finds
The changes proposed by Trump would “cause a large inflationary impulse and a significant loss of employment (particularly in ...
Kamala Harris likely to win election, despite Trump being better on inflation, economy: CNBC CFO survey
Corporate America is preparing for a Kamala Harris presidency, according to a CNBC survey of chief financial officers, though ...
Bank of America CFO Says Fed Seems to Be Winning Inflation Battle
(Reuters) - The Federal Reserve seems to be winning the inflation battle in the United States, Bank of America CFO Alastair ...
As voters in U.S. swing state Nevada decide between Trump and Harris, inflation is on their minds
Known more for its legalized prostitution, gambling and strong gun culture than for its politics, Nevada can nevertheless ...
The Fed Calls Inflation Fight a Success. When Will the Public Notice?
With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that ...
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USDA announces Inflation Reduction Act funding
The United States Department of Agriculture (USDA) has announced new funding for the Agricultural Conservation Easement Program (ACEP) for fiscal year 2025 as part of President Biden and Vice ...
Chamber of Commerce calls on Biden to stop dockworkers strike, citing inflation fears
Big business is upping the pressure on President Joe Biden to intervene in a dockworkers strike set to begin Tuesday that ...