Biden backs dockworkers in labor strike, urges ‘fair contract’
President Biden on Tuesday night stood by longshoremen's unions and pressed U.S. port employers to offer them “fair contracts” ahead of the second day of a historic port strike. About 45,000 members of the International Longshoremen's Association walked off the job Tuesday and picketed at ports stretching from Maine to Texas, fighting for new contracts […]
Fmr Labor Sec Warns Port Strike Could Cause ‘Extraordinary Consequences’ For Economy, May Lead To Court Action
Former Trump administration U.S. Labor Secretary Eugene Scalia said Wednesday on Fox News that the current port strike could have “extraordinary consequences” for the economy and that President Joe Biden may seek a court injunction. I warned you that there is. The International Longshoremen's Association (ILA) staged a strike early Tuesday, affecting 14 major ports […]
Clinton labor secretary panics after Trump asks the archangel Michael for help fighting evil
President Donald Trump I posted a prayer to social media On Sunday, he asked St. Michael for help in fighting “the wickedness and snares of the devil.” Days earlier, he returned to Butler, Pennsylvania, where a Democratic donor shot and killed him in July, killing the heroic patriarch of the Comperatore family. The prayer of […]
Kamala Is ‘Candidate of Illegal Labor,’ Doesn’t Care About Workers
Republican vice presidential nominee Sen. J.D. Vance of Ohio said Wednesday that Vice President Kamala Harris doesn't care about American workers, as evidenced by her criticism of former President Donald Trump's tax and tariff policies that have depressed American worker wages, as well as the influx of illegal immigrants under the Biden-Harris administration. Vance made […]
There’s ‘Real Economic Competition’ ‘Between Immigrant Labor and Black Labor’
“There's real economic competition between immigrant workers and black workers, especially in the service sector and other areas,” Van Jones, a senior CNN political commentator and former adviser to President Obama, said on CNN's “AC360” broadcast on Tuesday. And given this dynamic, it's commendable that the black community is in favor of immigration. “Given the […]
House panel probes Labor Department’s leak of revised jobs data to Wall Street firms
A Republican-led House committee is seeking an explanation from the Labor Department over how the federal agency leaked revised employment data to several Wall Street firms last month before it was released to the public, The Washington Post has learned. The House Education and Labor Committee, chaired by Rep. Virginia Foxx (R-N.C.), sent a letter […]
Boeing strike costs set to soar if labor dispute drags on
Third Bridge's head of global analyst Peter McNally talks to The Big Money Show about how the Boeing factory worker strike is affecting business. Boeing's tough year was compounded last week when some 33,000 union workers went on strike, a move that is expected to cost the embattled aerospace company big if it continues. According […]
Republicans, Democrats Talk Up Cheap Migrant Labor in Charleroi, PA, in Light of Donald Trump’s ‘Divisive Rhetoric’
Former President Donald Trump has been heavily criticized by local Republican and Democratic politicians for focusing media attention on the government-subsidized busloads of migrants in Charleroi, Pennsylvania. In September, news of an immigration crisis in a small town just south of Pittsburgh made national headlines as thousands of Liberian and Haitian immigrants poured in and […]
Boeing begins layoffs amid labor union strike, controversy over CEO’s home purchase: ‘Very difficult time’
Boeing CEO Kelly Ortberg traveled to Seattle while 33,000 Boeing employees stood on the picket line. (Photos by Derrick Louis, Clarity Northwest Photography, and Laura Halliday, Realogix Sotheby's International Realty and KCPQ) Boeing is launching a series of layoffs in response to a strike by the company's largest labor union, it said in a statement […]
GBP/USD flat after UK labor market data, eyes on US CPI – FXStreet
GBP/USD remains under pressure around the 1.3050 region as cautious market sentiment masks a near-term recovery sparked by the UK employment data. US CPI data will be a focus on Wednesday. Markets will also be focused on the US presidential debate on Tuesday. The GBP/USD pair remains on the defensive, dropping towards 1.3050 during the […]