close
close

Yiamastaverna

Trusted News & Timely Insights

    • US economy

    Why ports are striking could be a no-win situation for the Biden administration
    Enterprise

    Why ports are striking could be a no-win situation for the Biden administration

    Mario Tama | Getty Images News | Getty Images President Biden and his administration are sticking by their position and will not invoke the Taft-Hartley Act to force International Longshoremen’s Association longshoremen back to work at ports on the East…

    Posted on Idris Bevan
    The supply of blockbuster weight loss drugs has been affected by the trade halt
    Albany

    The supply of blockbuster weight loss drugs has been affected by the trade halt

    A Zepbound injection pen from Eli Lilly & Co., March 28, 2024. Bloomberg | Bloomberg | Getty Images As a port strike that stretched from New England to Texas halted nearly half of all trade to the U.S., customs data…

    Posted on Madoc Meredith
    What a prolonged port strike in the US could mean for global supply chains
    Colorado

    What a prolonged port strike in the US could mean for global supply chains

    A container ship leaves the Port of Newark toward the Atlantic Ocean on September 30, 2024, as seen from New York City. Spencer Platt | Getty Images News | Getty Images A massive longshoremen’s strike at seaports on the U.S….

    Posted on Madoc Meredith
    Strike in the ports on the east coast, work stoppage by the ILA union leads to billions in losses in trade
    Colorado

    Strike in the ports on the east coast, work stoppage by the ILA union leads to billions in losses in trade

    Shipping containers pile up in the Port of Newark on September 30, 2024, as seen from New York City. A massive strike to close ports on the East and Gulf Coasts began at midnight, while members of the International Longshoremen’s…

    Posted on Madoc Meredith
    Truck drivers and railroads struggle to move billions worth of freight
    Washington

    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 Madoc Meredith
    US Treasury bonds: Investors digest the Fed’s massive interest rate cut
    Michigan

    US Treasury bonds: Investors digest the Fed’s massive interest rate cut

    U.S. Treasury yields rose on Thursday as investors digested the Federal Reserve’s decision to cut interest rates by 50 basis points on Wednesday. At 2:49 a.m. ET, the yield on 10-year government bonds rose by over one basis point to…

    Posted on Caradoc Wyn
    Fed rate cut: The Fed rate cut cycle begins today. How it could affect the prices of your stocks
    Idaho

    Fed rate cut: The Fed rate cut cycle begins today. How it could affect the prices of your stocks

    After four years on the global markets, the US Federal Reserve is marking the beginning of a new phase of the rate-cutting cycle. It will cut rates from the current 23-year high between 5.25% and 5.50%. As for the stock…

    Posted on Madoc Meredith
    Traders wait for interest rate cut in September
    Albany

    Traders wait for interest rate cut in September

    Here you can see the development of consumer interest rates as the markets expect a rate cut by the Fed The Federal Reserve is expected to make its first interest rate cut on Wednesday after more than two years of…

    Posted on Madoc Meredith
    The Fed’s biggest interest rate meeting in years will take place on Wednesday. Here’s what you can expect
    Frisco

    The Fed’s biggest interest rate meeting in years will take place on Wednesday. Here’s what you can expect

    Federal Reserve Chairman Jerome Powell answers a question from a reporter during a press conference following a meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, on July 31,…

    Posted on Bronwen Cerys
    The cost-of-living adjustment of social security for 2025 could be 2.5%
    Massachusetts

    The cost-of-living adjustment of social security for 2025 could be 2.5%

    Patchareeporn Sakoolchai | moment | Getty Images Due to record-high inflation, welfare recipients have faced greater cost-of-living adjustments in recent years. However, the increase next year is unlikely to be quite as generous. Based on new government inflation data, beneficiaries…

    Posted on Idris Bevan

    ads