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Days after tens of thousands of longshoreman along the East and Gulf Coasts walked out, their union and their bosses reached a tentative agreement on wages.
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The International Longshoremen's Association received a new wage offer and will halt its walkout at East and Gulf Coast ports, which began Tuesday.
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If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns.
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Fantasy Football Rankings: Week 5, half-PPR Yahoo SportsThe Playbook: Your fantasy football guide for Week 5 games ESPNFantasy football: 10 players who'll out/underperform projections in Week 5 of 2024 NFL season NFL.comFantasy football rankings Week 5: Sleepers, projections, starts, Josh Downs, Xavier Worthy and more The New York Times
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Equities rise with dollar, bond yields as investors cheer strong US payrolls ReutersLive updates: US economy added a whopping 254,000 jobs last month CNNAmerican Consumer Spending Boosts September Hiring The Wall Street JournalFed close to pulling off the elusive economic soft landing in 2024 after great September jobs report CNBC
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Biden helped end the dockers strike by saying reopening the ports to help Hurricane Helene victims would be patriotic FortuneThe port strike is over. Here's what happens next CNNPort Workers Get a Raise. Now Comes the Hard Part. BloombergOpinion | On the Waterfront, the Sequel The Wall Street Journal
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Treasury yields recorded their biggest weekly advances in up to two years on Friday after September's nonfarm-payrolls report produced far more new jobs than expected, erasing the likelihood of another big Federal Reserve interest-rate cut next month.
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The strike that snarled East Coast and Gulf Coast ports is suspended. The dockworkers' union and the ocean carriers and port operators reached a tentative agreement -- ending the three-day standoff.
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Rivian sold 10,018 vehicles in the third quarter and cut its full-year production forecast to around 48,000.
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The end of the port strike that shut down shipping on the East and Gulf coasts after three days comes as a relief to the auto industry, which had feared supply bottlenecks that could last months.
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College football games, Week 6: Underdogs take center stage for a change, Heisman Trophy race shifts again CBS SportsCollege football Week 6 preview: Everything you need to know (and ask!) heading into the weekend ESPNTop 5 college football games to watch for Saturday, Week 6 picks NOLA.com
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The bloc approved import fees of up to 45%, defying pleas from some European auto executives who fear retaliation from Beijing.
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Striking dockworkers reached a tentative agreement with port operators on Thursday for a 62 percent wage increase and have extended their contract through Jan. 15 to bargain over remaining issues.
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