The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers said they reached a tentative deal on a new six-year contract.
Read More Second US port strike averted as union, employers reach deal
Category: Business
US weekly jobless claims fall to 11-month low as labor market remains stable
The number of Americans filing new applications for unemployment benefits fell to an 11-month low last week, pointing to a stable labor market.
Read More US weekly jobless claims fall to 11-month low as labor market remains stable
US online holiday sales rise nearly 9% on mobile shopping boom, report shows
Online spending rose nearly 9% during the 2024 holiday season, with shoppers mainly using their smartphones to buy products ranging from TVs to LEGO sets.
Read More US online holiday sales rise nearly 9% on mobile shopping boom, report shows
American Airlines back in ‘Big 3’ carriers, brokerages predict strong 2025
American Airlines’ stock is poised for a strong 2025 as the carrier emerges from a challenging year.
Read More American Airlines back in ‘Big 3’ carriers, brokerages predict strong 2025
Consumers boosted 2024 U.S. new-car sales to five-year high
New-car sales in 2024 continued to rise from their pandemic lows, bolstered by replenished inventories and higher incentives.
Read More Consumers boosted 2024 U.S. new-car sales to five-year high
Wall St rises in first trading session of 2025; Tesla slides
Wall Street’s main indexes rose in the first trading session of 2025 as investors pinned their hopes on a fresh political landscape and more interest rate cuts.
Read More Wall St rises in first trading session of 2025; Tesla slides