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    • Latest News: Economy

    The workers agree to a preliminary agreement on wages and contract extensions
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    The workers agree to a preliminary agreement on wages and contract extensions

    An aerial view of the Dundalk Marine Terminal on October 3, 2024 in Baltimore, Maryland. Anna Moneymaker | Getty Images A major U.S. longshoremen union and the United States Maritime Alliance have agreed to a tentative wage agreement and extended…

    Posted on Kathleen William
    Powell hints at further, smaller rate cuts, insists Fed 'not following a predetermined course'
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    Powell hints at further, smaller rate cuts, insists Fed 'not following a predetermined course'

    Federal Reserve Chairman Jerome Powell said Monday that the recent half-percentage-point interest rate cut should not be interpreted as a sign that future moves would be equally aggressive, but rather that next moves would be smaller. The central bank chief…

    Posted on Kathleen William
    Truck drivers and railroads struggle to move billions worth of freight
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    Truck drivers and railroads struggle to move billions worth of freight

    Shipping containers stacked in a storage yard outside the APM Terminals yard at the Port of Mobile in Mobile, Alabama, USA on Saturday, September 28, 2024. Micah Green | Bloomberg | Getty Images With a potential strike at ports along…

    Posted on Kathleen William

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