Longshoremen strike could cost US economy billions daily
President Joe Biden told reporters Sunday he would not intervene in negotiations. The strike could cost the U.S. economy $3.8 billion to $4.5 billion per day, with some of that recovered over time after normal operations resume, according to the Associated Press.
It’s a big month for Tesla and the stock is starting it positively. The EV maker’s shares were up 0.1% at $261.99 each in ...
"It's no longer too soon nor too optimistic to suggest that the US will experience a Roaring '20s economy," UBS said.
As bitcoin's price continues to test upwards momentum, China's economic slowdown may be an understudied and massive demand ...
The union representing thousands of dock workers from Maine to Texas launched a strike Tuesday over wages and the use of ...
The Fed chair said the surprise half-point cut in the central bank’s policy rate earlier this month was a sign of confidence ...
Opinions expressed by Forbes Contributors are their own. I’m an economist studying cities and states and their importance in ...
The strike is disrupting ports that handle more than half of U.S. trade in shipping containers, with the economic bite ...
Instead the divergence is more recent: since 2022 America’s economy has motored ahead, leaving Canada’s in the dust. The ...
Transportation and warehousing sectors are poised to first feel the pinch, with a broader economic fallout expected if the ...
More stocks are participating in the S&P 500’s latest march to record highs, easing concerns over a rally that has been ...
Jeremy Schwartz, Global Chief Investment Officer at WisdomTree Inc, highlights the need for automation amid port strikes, ...
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