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They did it again! Ports reach deal to stop strike, potential shortages and inflation
Dockworkers tentatively agree to a new deal, preventing a potential port strike that may have snarled supply chains, created shortages and inflation.
Second US port strike averted as union, employers reach deal
The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers on Wednesday said they reached a tentative deal on a new six-year contract, averting further strikes that could have snarled supply chains and taken a toll on the U.
Dockworkers and port operators strike labor deal, again dodging strike
Automation was at the center of a long-running labor dispute that threatened to close East and Gulf Coast ports.
1h
UN Raises Global Growth Forecast, But Warns That Tariff Rises Could Revive Inflation
The United Nations on Thursday raised its growth forecast for the global economy this year, anticipating a boost to ...
15h
on MSN
Fed minutes show policymakers see immigration, tariff shifts creating inflation uncertainty
Minutes from the most recent meeting of Federal Reserve policymakers showed uncertainty about the impact of President-elect ...
7h
Fed Finds New Reason for Confidence in Obscure Inflation Gauge
Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...
21h
on MSN
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December ...
22h
on MSN
Fed Isn’t Certain Where Interest Rates Will Head, Minutes Show. Inflation and Trump Are Concerns.
Policymakers emphasized that policy is not on a preset path, and will need to evolve in response to the data and enacted ...
18h
Treasury: COVID Stimulus May Have Contributed to Inflation
U.S. Treasury Secretary Janet Yellen said spending could have have contributed "a little bit" to rising inflation.
23h
Federal Reserve Worried About How Trump Policies On Tariffs And Immigration Could Impact Inflation, Minutes Show
The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than ...
9h
Yellen says COVID-19 stimulus may have contributed to inflation
The Treasury secretary said supply chain issues, shortages drove up prices during the pandemic, but that stimulus spending ...
19h
Wall Street little changed as investors assess inflation path
U.S. stocks ended little changed on Wednesday in a session they struggled for a clear direction, as investors digested the ...
1d
UK Inflation-Linked Yields Hit Highest Since Truss’s 2022 Rout
The yield on the UK’s 30-year inflation-linked bonds rose to 2% for the first time since the market meltdown in late 2022.
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