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Port Workers Strike Could Cost Economy $540 Million Per Day
Dockworkers' Strike Could Cost the Economy $4.5B Per Day—and Rekindle Inflation
U.S. dockworkers in ports from New England to Texas have started to strike, which could cost the U.S. economy up to $4.5 billion daily and reignite inflation.
Dockworker strike shuts down ports in the East, threatening big hit to the U.S. economy
The union representing thousands of dockworkers from Maine to Texas launched a strike over wages and the use of automation, shutting down major seaports.
Report: Port Workers Strike Could Cost Economy $540 Million Per Day
East Coast and Gulf Coast port workers are on the cusp of striking--a move that could cause serious economic fallout. Just a one-week strike could cost the US economy $3.78 billion (i.e., $540 million per day).
Possible dock workers strike looms
The dockworkers' strike is a test for Biden — and complicates an already dizzying 2024 presidential race
Biden has said he won't stop the dockworker's strike. But if the strike stretches on for weeks, it could have a major impact on the presidential race.
Biden won’t step in to avert dockworker strike
The White House says it won’t step in to force dockworkers back on the job, and that impacts to America’s vital goods will be minimal for now.
Republican members call on Biden to halt dockworkers strike
Republican lawmakers are pushing for President Joe Biden to reverse his stance against intervening in a dockworkers strike expected to stymie supply chains and raise prices, by invoking his executive powers.
Opinion
New Republic
1h
Opinion
The Dockworkers’ Strike Is a Big Test For Kamala Harris
Compared to Trump and his running mate, this should be a much easier lift for the vice president. But I fear she won't think ...
6m
Port of Baltimore dockworkers strike as contract expires and negotiations continue
More than 2,000 longshoremen at the Port of Baltimore are on strike after their contract expired at midnight on Tuesday.
5h
The US dockworkers strike is here, and it's impacting more than just packages
The US port strike could have far-reaching impacts on the economy. Here's what a prolonged standoff between the ILA union and ...
1h
Biden Scrambles to Contain Economic and Political Fallout of Port Strike
The labor dispute has forced President Biden and Vice President Kamala Harris into a complicated position just weeks before ...
31m
on MSN
Iran Strike on Israel Makes Nuclear Facilities 'Fair Game,' Democrat Warns
Iranian nuclear facilities are now "fair game" for future attacks by Israel, according to Florida Democratic Representative ...
Bloomberg L.P.
22h
Iran’s Missile Strike Was Yet Another Strategic Blunder
Marc Champion is a Bloomberg Opinion columnist covering Europe, Russia and the Middle East. He was previously Istanbul bureau ...
4h
FedEx deploys contingency plans as port workers strike
Shipping giant FedEx says it has launched contingency plans in order to minimize the impact of a union dockworker strike ...
1h
Port strike won't affect Florida cruises. Here's a list of seaports, cruise ship ports here
Is my cruise vacation safe? A port strike is affecting 36 ports, but the Longshoremen group isn't striking against cruise ...
2h
Israel attacked by Iran: American Jewish leaders say Islamist regime will pay for missile strike
Jewish American leaders on Tuesday afternoon reacted to Iran's unprecedented missile attacks against Israel and threats in ...
6h
Dockworkers hit picket lines in historic US port strike that could impact prices
In 2002, a strike among workers at West Coast ports lasted 11 days before then-President George W. Bush invoked the ...
43m
on MSN
Biden Resists Using Presidential Power To Break Port Strike, Despite Industry Pressure
A work stoppage that shut down U.S. ports only 34 days before the election is a high-stakes test of Biden’s commitment to ...
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Related topics
dockworkers
Israel
Hezbollah
Iran
International Longshoremen's Association
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