Business, Politics, Financial System And Tech News & Analysis
According to Pantheon Macroeconomics, the Fed is extra prone to begin chopping charges in 25-basis-point increments quite than issuing another 50-basis-point rate cut. October 7, 2024 • The U.S. financial system is respiration a little simpler after the International Longshoremen’s Association reached a tentative agreement final week with the United States Maritime Alliance. The short-lived dockworkers strike reignited a debate over whether the president ought to intervene, invoking an old legislation on the books called the Taft-Hartley Act. On at present’s show, we explain what the Taft-Hartley Act is, why it was created and why it’s still scorned by unions.
As intensifying natural disasters threaten rising swaths of the country, assessing an area’s local weather danger has turn into an important half of purchasing for a model new residence for a lot of Americans. Now, in a characteristic launched last month, …