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This shipping stock is ‘in an enviable position’ for a protracted port strike, says analyst
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Top stories - NBC News
Ship queue grows at U.S. ports as dockworker strike enters third day
Long lines of container ships queued up outside major U.S. ports on Thursday as the biggest dockworker strike in nearly half a century entered its third day.3 hours ago -
Business - MarketWatch
Why Salesforce’s stock is getting more love from Wall Street analysts lately
Salesforce shares have lagged the S&P 500 this year but could be primed for bigger gains thanks to improved product positioning.1 hour ago -
Business - Inc.
Toilet Paper Shortages Are Back, as Port Strike Leads to Panic Hoarding
Products like toilet paper shouldn’t be affected by the strike, but shoppers are emptying shelves anyway.4 hours ago -
Business - The New York Times
Meet Harold Daggett, the Union Leader Behind the Ports Strike
As president of the International Longshoremen’s Association, Harold Daggett is taking advantage of organized labor’s resurgence to drive a hard bargain.1 hour ago -
Top stories - CBS News
How the port strike could impact consumers as inflation has eased
There is no immediate price impact from the port strike, which is in its third day. However, Goldman Sachs says if the strike lasts more than a week, it expects the stoppage to affect retailers and ...1 hour ago -
Top stories - CBS News
What the dockworker strike could mean for the future of automation in ports
As the dockworker strike continues, the fight over automation may shape the future of port operations. With billions of dollars at stake, the outcome could affect not only jobs, but the global ...35 minutes ago -
Top stories - NBC News
National port strike causes panic buying among consumers
As the national port strike continues, supply concerns have caused panic buying among consumers. NBC’s Christine Romans breaks down the products that could be affected by the strike and whey there ...47 minutes ago -
Business - The New York Times
Harold Daggett, Port Strike Leader, Seeks Big Raises for Dockworkers
Harold J. Daggett is seeking big raises for longshoremen on the East and Gulf Coasts who have fallen behind workers on the West Coast.17 minutes ago -
Business - CNBC
Oil market faces a rude awakening if Iran’s energy infrastructure is targeted, analysts say
Oil markets are being too complacent given the risk of major supply disruptions in the Middle East, analysts told CNBC on Thursday.2 hours ago
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Business - MarketWatch
Pound slides as Bank of England chief says it could be ‘more aggressive’ in cutting rates
The pound fell sharply Thursday after Bank of England Governor Andrew Bailey said the central bank could be more aggressive in cutting borrowing costs if inflation remained benign.6 minutes ago -
Business - MarketWatch
Tesla’s deliveries didn’t live up to the hype. What investors should watch next.
One analyst sees the upcoming Robotaxi event as “the next potential catalyst” for Tesla’s stock, while another senses some anxiety around it.12 minutes ago -
Business - MarketWatch
Constellation Brands books large loss on wine and spirits, but beer sales rise
Constellation Brands’s stock fell Thursday, after the parent of Modelo and Corona beer brands beat adjusted profit expectations, but only after excluding a large non-cash loss booked for writing ...15 minutes ago -
Business - MarketWatch
Are the Costco platinum bars worth buying? Here’s what finance pros say.
They cost over $1,000, but when it comes to precious metals, gold is still often all that glitters, experts say33 minutes ago -
Business - MarketWatch
Treasury yields inch higher after only slight increase in jobless claims
U.S. government debt sold off modestly Thursday morning, pushing yields slightly higher, as data on weekly initial jobless-benefit claims showed businesses remain reluctant to lay off many workers.34 minutes ago