East Coast ports strike, ILA union work stop strands billions in trade

East Coast ports strike, ILA union work stop strands billions in trade

 Shipping containers sit stacked in the Port of Newark on September 30, 2024 seen from New York City. A massive strike shutting down ports across the East and Gulf coasts began at midnight as members of the International Longshoremen’s Association continue to make salary and other demands to the United States Maritime Alliance, which controls … Read more

Truckers, rails scrambling to move billions in cargo

Truckers, rails scrambling to move billions in cargo

Shipping containers stacked at a storage yard outside of the APM Terminals yard at the Port of Mobile in Mobile, Alabama, US, on Saturday, Sept. 28, 2024. Micah Green | Bloomberg | Getty Images With a potential strike at ports up and down the East Coast and along the Gulf Coast set to begin after … Read more

Ports strike threatens Walmart, Ikea, Home Depot imports

Ports strike threatens Walmart, Ikea, Home Depot imports

A truck picks up a shipping container at the Port of Savannah in Georgia. Paul Hennessy | LightRocket | Getty Images As the International Longshoremen’s Association port workers move closer to a strike at East Coast and Gulf Coast ports, the union is warning that major importers such as LG Electronics, Walmart, Ikea, Samsung, and … Read more

World’s Oldest Person Passes Away At 117

World’s Oldest Person Passes Away At 117

MADRID (AP) — Maria Branyas, an American-born Spaniard considered the world’s oldest person at 117 years old, has died, her family said on Tuesday. In a post on Branyas’ X account, her family wrote in Catalan: “Maria Branyas has left us. She has gone the way she wanted: in her sleep, at peace, and without … Read more

U.S. cities are sinking. Here’s what that means for homeowners

U.S. cities are sinking. Here’s what that means for homeowners

The land below many U.S. cities is sinking, including New Orleans, New York City, Miami and south San Francisco. This phenomenon, known as land subsidence, can severely affect the integrity of buildings and infrastructure. When coupled with a sea-level rise, it can greatly increase the incidence of flooding. Problems associated with land subsidence can cost … Read more

Where U.S. rents are rising

Where U.S. rents are rising

Driven by the work-from-home dynamic, as well as by new migration patterns, both single-family and multifamily rent prices were red-hot during the first years of the pandemic. Now different drivers are pushing some rents higher — and throwing cold water on others. Multifamily rents in April were 0.8% lower than they were in the same … Read more

Upstart airlines Avelo, Breeze prepare for a profitable year

Upstart airlines Avelo, Breeze prepare for a profitable year

The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from Hollywood Burbank Airport to Charles M. Schulz-Sonoma County Airport in Santa Rosa on April 28, 2021. Patrick T. Fallon | AFP | Getty Images In the nearly four years since the Covid-19 pandemic upended air travel, the largest U.S. airlines have returned to … Read more

Travelers increasingly turn to taking Amtrak trains over flights

Travelers increasingly turn to taking Amtrak trains over flights

Amtrak trains travel through Washington, DC, on September 15, 2022. Stefani Reynolds | AFP | Getty Images As domestic travel rebounds from pandemic lows and prices soar, some travelers opting for trains over planes. For many, the tradeoffs are simple: Trains are often cheaper, provide more leg room and are better for the environment than … Read more

Shoppers deal with holiday debt

Shoppers deal with holiday debt

Pedestrians walk by an advertisement for Klarna. Daniel Harvey Gonzalez | In Pictures via Getty Images When she started shopping for the holidays late last year, Kiki Andersen was struggling to buy her loved ones gifts. So she turned to a novel solution to get through the season: Buy now, pay later.  The 31-year-old comedian … Read more