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U.S. ports from Maine to Texas have been closed due to a strike by the union representing about 45,000 dockworkers

port strike and its impact could end up being prolonged, as far as the US economy is concerned, feel experts. Covid-19 pandemic was actually the last time there was an impact on the US markets in such a major way, and now things have a chance of going worse, if things are not resolved within due time.

United Refining Company and Red Apple Group Chairman & CEO John Catsimitidis discusses Bidens non-intervention in the port strikes and explains how it will spike inflation and raise food and oil prices.

United Refining Company and Red Apple Group Chairman & CEO John Catsimitidis discusses Biden's non-intervention in the port strikes and explains how it will spike inflation and raise food and oil prices.

Square 1 Farmers owner Tim Ryan, and Tim Ryan Jr., his son and VP of sales, explain their preparation for supply chain issues ahead of the port strikes and discuss the impact on businesses and consumers.

Joe Biden on Wednesday signed legislation that will exempt some U.S. semiconductor manufacturing facilities from federal environmental reviews that are receiving government subsidies. Without the new law, projects from the $52.7 billion CHIPS Act of 2022 could have been forced to undergo additional federal environmental reviews under the National Environmental Policy Act of 1969 to win federal permits. Proponents say those projects had already complied with federal, state and local environmental regulations and permitting requirements and that without the change they could have potentially faced years of additional delays.

Some manufacturers and retailers are urging President Joe Biden to invoke a 1947 law as a way to suspend a strike by 45,000 dockworkers that has shut down 36 U.S. ports from Maine to Texas

Low interest financing, sweet lease deals and free charging boosted Tesla’s global deliveries in the third quarter, the first increase this year for the electric vehicle maker

Middle East after Iran attacked Israel with barrage of missiles on Tuesday night. While Israel has vowed to make Iran «pay» for firing missiles at its territory, Tehran warned on Wednesday it would launch an even bigger attack if it is targeted. A full-scale war between the two countries will not bode well for India's energy security as India imports a large part of its oil and gas from the region. Oil prices climbed more than 3% on Wednesday as Israel and the United States vowed retribution over Iran's biggest ever direct attack on Israel, Reuters reported. With Israel also ordering more soldiers into Lebanon to battle Iran-backed militant group Hezbollah, the conflict has rapidly intensified with little sign of de-escalation despite international pleas. That has sent oil prices surging, with Brent futures up $2.26, or 3.07%, to $75.82 a barrel. US West Texas Intermediate (WTI) crude jumped $2.38, or 3.42%, to $72.22 by 1320 GMT. Both crude benchmarks on Tuesday surged more than 5% before closing around 2.5% higher. A full-blown war can cause a big spurt in crude oil prices. India imports most of its oil and gas and higher prices will impact inflation as well as economic growth.

Officials say that France’s TotalEnergies and U.S. hydrocarbon company APA Corp. plan to invest $10 billion to extract oil off the coast of Suriname in a historic investment for the South American country

U.S. ports from Maine to Texas shut down Tuesday when the union representing about 45,000 dockworkers went on strike for the first time since 1977, as per an AP report. American consumers will notice the shortage of products if the massive strike by dockworkers at seaports lasts for a long time. Workers at ports started a strike on Tuesday from Maine to Texas, which marks a significant strike of labor in the shipping industry. The International Longshoremen’s Association has conducted this kind of action for the first time in nearly half a century.

Dockworkers across the eastern United States are joining their peers on strike at Montreal ports as a fresh wave of labour action grips North American supply chains.

Australia’s government says a code of conduct will be enforced on the online dating industry to better protect Australian users after research found that three-in-four people suffer some form of sexual violence through the platforms

Unionized dockworkers are the most recent group of U.S. workers to back their demands for better contracts by walking off the job

A study out in Science this month finds that states' attempts to cut the amount of food waste going into landfills are rarely succeeding

U.S. ports from Maine to Texas could shut down if a union representing about 45,000 dockworkers carries through with a threatened strike early Tuesday

Rep. Jeff Van Drew, R-N.J., says possible port strikes across America could really 'exacerbate' supply chain problems on 'The Evening Edit.' 

Authorities rushed to airlift supplies and restore communications and roads in flooded Asheville, North Carolina, on Sunday as residents along the storm-battered Florida coast gathered for church services amid the wreckage of Hurricane Helene.

Rep. Jeff Van Drew, R-N.J., says possible port strikes across America could really 'exacerbate' supply chain problems on 'The Evening Edit.' 

The CEO of a hospital operator that filed for bankruptcy protection in May will step down after failing to testify before a U.S. Senate panel

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 the United States