• October 1, 2024

Dockworkers go on a strike that could reignite inflation and cause shortages in the holiday season

PHILADELPHIA (AP) — A strike by dockworkers at 36 ports from Maine to Texas, the first in decades, could snarl supply chains and lead to shortages and higher prices if it stretches on for more tha...

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• October 1, 2024

Inflation in Europe falls below 2% and opens the way for faster rate cuts

FRANKFURT, Germany (AP) — Inflation in the 20 countries that use the euro fell to 1.8% in September, below the European Central Bank's target of 2% for the first time in more than three years as fal...

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• October 1, 2024

Strike Shuts Eastern US and Gulf Ports, Threatening Economy

(Bloomberg) -- Dockworkers walked out of every major port on the US East and Gulf coasts for the first time in nearly 50 years, staging a strike that could ripple across the world’s largest econo...

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• October 1, 2024

Global factory activity hit by economic uncertainty

By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) - Global factory activity weakened in September as soft demand and economic uncertainty pointed to a tough outlook, surveys showed, keepi...

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• October 1, 2024

Harris’s economic plan helps, but doesn’t get to the root of middle-class discontent

Like any candidate seeking re-election, President Joe Biden ran on his economic record—millions of new jobs created, steady GDP growth, inflation tamed, and new legislation allocating trillions of d...

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• October 1, 2024

BlackRock’s Fink says market is wrong on Fed rate-cut bets

(Bloomberg) — BlackRock Inc. ( BLK ) Chief Executive Officer Larry Fink said the market is pricing too many interest-rate cuts from the Federal Reserve given the US economy continues to grow. “...

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• October 1, 2024

Rattled Mexico Investors Seek Economic Clues as Sheinbaum Takes Office

(Bloomberg) -- Claudia Sheinbaum has spent the final weeks of her time as Mexico’s president-elect offering few specifics about how she will approach the major economic questions her predecessor is ...

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• October 1, 2024

Fink Sees Boom in Infrastructure Fueling Global Economic Growth

(Bloomberg) -- BlackRock Inc. Chief Executive Officer Larry Fink said infrastructure is a major component to help stimulate growth in every economy and there’s enough capital in the private sector t...

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• October 1, 2024

Morning Bid: Milder inflation seen setting up rate cuts

A look at the day ahead in European and global markets from Tom Westbrook European inflation figures are due on Tuesday and the risk is to the downside, which will reinforce bets that the Europea...

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• September 24, 2024

Trump wants to lure foreign companies by offering them access to federal land

SAVANNAH, Ga. (AP) — Donald Trump is expected on Tuesday to pledge not only to stop U.S. businesses from offshoring jobs, but also to take other countries’ jobs and factories. Among the ideas he ...

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