Economy

Dockworkers Strike Shuts Down Ports On Gulf And East Coasts

Dockworkers suspend strike. And, Tyre Nichols' family applauds trial verdict

8:04am October 04, 2024

Dockworkers suspended their strike yesterday, avoiding an "economic crisis," but a sticking point remains in negotiations. And, Tyre Nichols trial verdict brings hope for police brutality cases.

Queue Listen Now

Economy

Tens of thousands of dockworkers on the East and Gulf coasts call off strike

4:17am October 04, 2024

by A Martínez

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.

Queue Listen Now

Port strikes end with deal on wages, averting economic disaster

7:18pm October 03, 2024

The two sides have agreed to a 62% wage increase over 6 years in a deal between the International Longshoremen's Association and the U.S. Maritime Alliance. The union had been seeking a 77% increase.

Queue Listen Now

Economy

Striking dockworkers want a complete ban on automation

5:28pm October 03, 2024

by Andrea Hsu

Dockworkers are on strike for a third day on the East Coast and Gulf Coast. One of their demands: A complete ban on automation. Their union wants humans moving shipping containers, not machines.

Queue Listen Now

Tensions are rising in the Middle East, but the rise in oil prices is muted – so far

4:26pm October 03, 2024

by Camila Domonoske

Crude oil prices have risen as Iran and Israel trade attacks, but not as much as you might expect. One reason? OPEC+ could pump a lot more oil if it wanted to.

Queue Listen Now

23andMe is on the brink. What happens to all its DNA data?

2:03pm October 03, 2024

The once-hot Silicon Valley startup has seen its stock’s value decline 99% and is struggling to survive. That has put the spotlight on the genetic data it has on 15 million people.

Queue Listen Now

How do Trump and Harris' economic plans compare? An economist weighs in

11:42am October 03, 2024

by Dave Davies

The economy is always a top issue for voters. David Wessel, director of the Brookings Institution’s Hutchins Center, compares the presidential candidates' plans on taxes, tariffs, housing and more.

Queue Listen Now

Image shows Shelby Tramel in the destroyed shop she owns

Many in Ashe County were already hurting. Then the storm hit

8:45am October 03, 2024

by Paul Garber

Economic factors including a lack of affordable housing, child care issues and stagnant wages had more than doubled the number of people the Second Harvest Food Bank of Northwest North Carolina and its partners served in the last two years.

Why bananas may become one of the first casualties of the dockworkers strike

3:19am October 03, 2024

by Scott Horsley

One of the first places shoppers may feel the effects of the dockworkers' strike is in the produce aisle. Hundreds of tons of bananas are stuck in transit — and they won't keep for long.

Queue Listen Now

A court blocks a couple from suing Uber over a crash, citing terms and conditions

12:30pm October 02, 2024

An appeals court sided with Uber, ruling a couple can't sue over a near-fatal car crash because they had agreed to Uber's arbitration clause. Their lawyer is worried about a "slippery slope."