With port strike in its third day, consumer-staples stocks and retailers are in the spotlight
The strike that has shut U.S. East Coast and Gulf ports could impact a number of names in the consumer-staples space, warns Bank of America. A protracted strike could see companies such as ...
US port strike ends leaving huge cargo backlog to be cleared
"The decision to end the current strike and allow the East and Gulf coast ports to reopen is good news for the nation’s economy," the National Retail Federation said in a statement. "The sooner they ...
More China Stimulus And A Looming Port Strike
With the Chinese economy struggling, the People's Bank of China (PBOC) has unleashed a plethora of tools aimed at stimulating ...
Port strike spurs TP panic run in parts of NJ. But where is most toilet paper made?
A spot check showed some NJ supermarkets had plenty of toilet paper, but others had lower supplies. 90% of American toilet ...
Port strike ends, defusing a political time bomb
The announcement defuses a political time bomb for Democrats, who need all the union support they can get right now but could not afford a prolonged strike that would have soured ...
Ship Queue Grows at US Ports as Dockworker Strike Enters Third Day
Long lines of container ships queued up outside major U.S. ports on Thursday as the biggest dockworker strike in nearly half ...