Freight rates rise as companies plan for costly US port strike
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ABC News - Top stories
US retailers brace for potential pain from a longshoremen's strike
If roughly 45,000 U.S. longshoremen make good on their threat to strike beginning Tuesday, they could shut down 36 ports from Maine to Texas that handle about half the goods shipped into and out of ...24 minutes ago -
BBC News - Top stories
Deadly Helene floods spread to more US states
Rescues continue as huge areas of the south-eastern US struggle with floods from Storm Helene.3 hours ago -
CBS Sports - Sports
Diamondbacks' bullpen melts down vs. Padres in costly loss amid MLB playoff race against Braves, Mets
Arizona allowed five runs on Saturday, all of them in the ninth and all on home runs4 hours ago - MLB -
The Wall Street Journal - Tech
OpenAI's Complex Path to Becoming a For-Profit Company
Converting from a nonprofit happens rarely, especially for organizations this wealthy. OpenAI has two years to do so.5 hours ago -
Financial Times - Business
Freight rates rise as companies plan for costly US port strike
Analysts say a stoppage from next week could cost the economy $5bn a day and raise prices for consumers5 hours ago -
BBC News - Top stories
Zelensky gives his 'victory plan' a hard sell in the US - did the pitch fall flat?
Ukraine's president met Donald Trump, Kamala Harris and Joe Biden as he bid for Western help to end the war.15 hours ago -
ABC News - Health
Tips for shopping for Medicare Advantage plans
Shopping season for Medicare coverage is about to begin and with it comes the annual onslaught of TV ads and choices to consider18 hours ago -
The Wall Street Journal - World
Hassan Nasrallah's Death Deprives Hezbollah of Its 'Beating Heart'
The single-most important leader in Iran’s constellation of allied militias turned the Shiite militant group into the world’s most powerful nonstate armed force.20 hours ago -
MarketWatch - Business
A port strike would be ill-timed, but disruption could boost these companies
A strike at U.S. East Coast and Gulf ports would be ill-timed for the holiday season and could cause a spike in rail congestion, but the disruption could spell opportunities for some companies.20 hours ago -
CBS News - Top stories
Eye Opener: U.S. port workers prepare to strike
Workers at ports along the East and Gulf Coasts are preparing to go on strike, which could have a major impact on the U.S. economy. Meanwhile, the White Sox have officially become the worst team in ...20 hours ago -
MarketWatch - Business
‘Sell in May’ was a costly mistake. Should you buy stocks now at record highs?
Timing the market with the seasonal “Halloween Indicator.”21 hours ago -
The Wall Street Journal - World
Moody's Lowers Israel's Rating Citing Geopolitical Risks
Israel’s long-term local and foreign-currency issuer ratings were lowered to Baa1 from A2 and assigned a negative outlook as the intensity of the country’s fighting with Hezbollah has increased in ...Yesterday - Israel -
ABC News - Top stories
Israel targets Hezbollah leader Hassan Nasrallah in strike on Beirut: US official
A huge plume of smoke could be seen in a residential area of Beirut after another large strike.Yesterday - Israel -
NBC News - Top stories
Sam Altman tells OpenAI staff there's no plan for him to receive 'giant equity stake' in company
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a “giant equity stake” in the company, calling that information “just not true,” according to ...Yesterday -
CNBC - Business
Ports strike would leave Walmart, Ikea, Home Depot with few import options, union warns
Port workers are prepared to go on strike on the East and Gulf coasts on Oct. 1, and the union is warning that Canadian and West Coast ports will support them.Yesterday -
CNBC - Business
Sam Altman tells OpenAI staff there's no plan for him to receive a 'giant equity stake' in company
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a "giant equity stake" in the company.Yesterday -
Financial Times - Business
Fed should cut US interest rates ‘gradually’, says top official
St Louis Fed president tells FT the economy could react ‘very vigorously’ to loosening financial conditionsYesterday - Federal Reserve -
The Hill - Politics
Super Commuting is on the rise in the US
Despite a substantial amount of evidence that proves hybrid work benefits both employees and employers, and employees who work in a hybrid capacity are just as productive as those who work ...Yesterday -
Financial Times - Business
US companies raise $20bn in surge of follow-on stock issuance
Rising stock prices and lower interest rates prompt the highest level of issuance in nearly three yearsYesterday -
BBC News - Top stories
Controversial Wimbledon expansion plan approved
The All England Club's plans to expand the Wimbledon site is approved, despite fierce local opposition to the scheme.Yesterday -
Inc. - Business
East Coast Port Employers File Labor Complaint Against Union
As a strike looms, port operators said labor leaders were refusing to bargain, as big retailers brace for supply chain hiccups.Yesterday -
MarketWatch - Business
Port strike could come at a ‘high political cost’ for Harris campaign
Polls show Vice President Kamala Harris and former President Donald Trump in a tight race for the White House, setting up a situation where small economic disturbances could tilt the race one way ...Yesterday -
CBS News - Top stories
These loans will become cheaper as the Fed cuts rates
With the Fed expected to cut rates a few more times, borrowing money is about to get cheaper.Yesterday - Federal Reserve -
CBS News - Top stories
Here's how a port strike could impact what you buy as deadline for a deal looms
At least 25,000 dockworkers at East and Gulf Coast ports could walk off the job next week, impacting about half of the country's imports and possibly sending prices higher for consumers. ...Yesterday -
The Hill - Politics
Boeing strike costs top $1.4 billion as pressure on company mounts
Two weeks after 33,000 Boeing machinists went on strike, the company is bracing for financial impact. The airplane maker has implemented cost-saving measures including a hiring freeze, temporary ...Yesterday -
Financial Times - Business
Should everyone earn their pay rise?
In a flourishing economy, what counts as a competitive wage is always increasing2 days ago -
CBS News - Top stories
Trump criticizes Harris over planned border visit
Former President Donald Trump said Vice President Kamala Harris should "save her airfare" ahead of her planned visit to the southern border Friday. He also announced he would meet with Ukrainian ...2 days ago - Donald Trump -
CBS News - Top stories
White House urges dockworkers and East Coast ports to avoid strike
A government task force is ready to help minimize supply-chain disruptions in case of a prolonged East Coast port strike, Biden administration says2 days ago -
CNBC - Business
The Fed slashed interest rates last week, but Treasury yields are rising. What's going on?
Despite a 50 basis point rate reduction, Treasury yields have been moving higher, particularly at the long end of the curve.2 days ago - Federal Reserve -
The Guardian - World
Newsmax and Smartmatic settle 2020 US election defamation lawsuit
Pair reach agreement days before case, filed after rightwing network aired false voter claims, was due to go to trial. The voting machine company Smartmatic and the conservative outlet Newsmax have ...2 days ago -
The New York Times - Business
As Strike Looms, Port Operators Ask Regulator to Force Dockworkers to Negotiate
The group that represents port terminal operators said the International Longshoremen’s Association was refusing to negotiate a new contract before a Monday deadline.2 days ago -
NBC News - Top stories
The Fed slashed interest rates last week, but Treasury yields are rising. What’s going on?
With its larger-than-normal cut last week, the Federal Reserve sent a clear message that interest rates are heading considerably lower in the future.2 days ago - Federal Reserve -
CBS News - Top stories
How far will mortgage interest rates fall this October?
Mortgage interest rates plunged to a two-year low in September. But how much further will they fall this October?2 days ago - Mortgage