Nearly one-third of car owners are under water: Survey
(news nation) — A growing number of car owners now owe more on their loans than their cars are worth, according to a new study commissioned by an online website. Car buying site CarEdge. “With vehicle prices rising and depreciation accelerating, more car owners are finding they owe more on their loan than their car […]
Port strike leads to panic-buying, but experts say there's no need
A major port strike on the East Coast and Gulf Coast could threaten Americans' banana supplies, but it's unlikely to directly cause a toilet paper shortage, but that won't stop consumers from panic-buying. Thousands of members of the International Longshoremen's Association (ILA) have stopped working, demanding big pay increases and protection from automation after the […]
Bank of America users reporting widespread outages
Bank of America customers reported widespread outages Wednesday, with some unable to access their accounts and others complaining of inaccurate balances. By about 1:20 p.m. Wednesday, more than 20,000 people had reported problems with Bank of America's systems. According to Down Detectora site to report problems. More than half (56%) of users reported having problems […]
Business coalition urges Biden to take 'immediate action' to end port strike
About 300 industry groups on Wednesday called on President Biden to take “immediate action” to resolve major strikes at ports along the East Coast and Gulf of Mexico. Tens of thousands of longshore workers walked off the job shortly after midnight Tuesday, in a scenario that companies have feared for months. The impact on the […]
HHS expecting 'limited' impact on drug supply chain from port strike
The Department of Health and Human Services (HHS) does not anticipate a significant impact on the availability of health care products from the port strike that began this week, with the current assessment predicting a “limited” impact. Members of the International Longshoremen's Association (ILA) went on strike on Tuesday after negotiations with the United States […]
Harris backs striking port workers, knocks Trump
Vice President Harris on Wednesday expressed support for the longshoremen's strike, while criticizing her rival, former President Trump, as tens of thousands of longshoremen walked off the job at ports along the East Coast and Gulf of Mexico. denounced. “This strike is about fairness. Foreign shipping companies have made record profits and increased executive compensation. […]
Election betting is legal, federal appeals court says
A federal appeals court on Wednesday refused to block a lower court's decision to allow betting on the 2024 federal election, even though the government agency argued doing so could compromise election integrity. It was a blow to The Commodity Futures Trading Commission (CFTC) has told the Court of Appeals that prediction exchange platform Kalsi […]
Hurricane Helene renews calls for Congress to pass disaster funding
The widespread damage caused by Hurricane Helen is increasing pressure on lawmakers ahead of the looming year-end battle over disaster funding. Funding negotiators on both sides acknowledge the need for additional resources for disaster recovery, but it's already a bone of contention in spending negotiations and could continue as a divided Congress returns from recess. […]
Five things to know about the port strike
Longshoremen and longshoremen at East Coast ports are currently striking in a major labor action with real implications for the U.S. and international economy. Thousands of members of the International Longshoremen's Association (ILA) stopped working on Tuesday, demanding huge pay increases and cuts from automation after the shipping companies that employ them have posted record […]
Bottom Line: Black soccer nonprofit signs federal lobbyist to roster
sports Porter Wright Morris & Arthur Registered to promote the impact of Black players making a differencea 501(c)(3) nonprofit organization of Black Major League Soccer players, coaches, and staff working to close the racial equity gap in soccer and society. Beau Rothschild, former House Administration Committee Member Outreach Director, will be in charge of this […]