Historic Strike Underway at U.S. Ports

PHILADELPHIA (AP) — From Maine to Texas, dockworkers at 36 ports across the eastern U.S. are now on strike for the first time in decades. And the work stoppage could snarl supply chains — leading to shortages and higher prices if it stretches on for more than a few weeks. Workers began walking picket lines…MORE

Fed Chair Powell Says the US Economy is in ‘Solid Shape’ With Gradual Rate Cuts Coming

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy. At their last meeting, Fed officials penciled in two more quarter-point rate cuts to be made at the central bank’s final meetings this year.…MORE