U.S. ports start 100-day countdown clock to new strike, and automation is poised to be the dealbreaker
The East and Gulf Coast ports strike deal isn't close to done, with a fight over automation between ILA union…
Category: Economy
Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns. ...
Trump Media COO quits; DJT turns over more shares to SPAC investor in court fight
Andrew Northwall was COO of Trump Media, the Truth Social operator majority owned by Donald Trump that trades as DJT…
Missouri judge blocks Biden student loan forgiveness that was cleared to proceed
The Biden administration's new sweeping student loan forgiveness plan is temporarily blocked again, a federal judge ruled. ...
U.S. crude oil jumps as Biden comments on possible Israel retaliation against Iran
Supply disruption risks are increasing as fighting in the Middle East intensifies, according to analysts. ...
Here’s everything to expect when the September jobs report is released Friday
Nonfarm payrolls are projected to show growth of 150,000, form 142,000 the month before, with a steady unemployment rate of…
Port strike ends as workers agree to tentative deal on wages and contract extension
The strike was the first by the ILA since 1977, and it impacted port operations at 36 different ports, including…
Eli Lilly to build $4.5 billion research and manufacturing center to propel drug pipeline
Lilly has 11 obesity drugs in its pipeline and wants to develop more treatments for Alzheimer's disease, ALS and other…
Private payrolls show better-than-expected growth of 143,000 in September, ADP says
Companies added 143,000 for the month, an acceleration from 103,000 in August and better than the 128,000 consensus forecast ...