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

Eric Adams arraignment on corruption charges

Eric Adams arraignment on corruption charges

New York City Mayor Eric Adams arrived in federal court in Manhattan on Friday morning for his arraignment on criminal charges of receiving illegal campaign donations and undisclosed luxury travel gifts while doing favors for Turkey’s government and Turkish businessmen. Adams, 64, was charged in a five-count indictment unsealed Thursday alleging conspiracy, bribery, wire fraud, … Read more

Eric Adams probe hones in on Turkish businessman

Eric Adams probe hones in on Turkish businessman

Federal prosecutors have honed in on ties between New York City Mayor Eric Adams and little-known Turkish businessman Enver Yucel, CNBC has learned from the indictment and other public records, including campaign finance documents. A federal indictment unsealed on Thursday describes a 2021 campaign fundraising scheme involving Adams, his team and a person only identified in the … Read more

Trump’s credit card interest cap could backfire, experts say

Trump’s credit card interest cap could backfire, experts say

Republican presidential nominee, former U.S. President Donald Trump arrives for a campaign event, his first since a man carrying a rifle was arrested Sunday near where Trump was playing golf at his club in Florida, in the Dort Financial Center on September 17, 2024 in Flint, Michigan.  Scott Olson | Getty Images Former President Donald … Read more

Biden’s last UNGA speech comes as wars rage in Middle East, Ukraine

Biden’s last UNGA speech comes as wars rage in Middle East, Ukraine

U.S. President Joe Biden addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 19, 2023.  Brendan Mcdermid | Reuters President Joe Biden will attempt to square the diplomatic achievements and goals of his presidency with the grim reality of wars in the Middle East, Ukraine and Sudan during a … Read more

Self-made millionaire built wealth living in an RV, found it ‘freeing’

Self-made millionaire built wealth living in an RV, found it ‘freeing’

In 2016, when I was 35, and my wife Courtney was 32, we sold our house, a 4 bed, 2 bath 1,600-square-foot Arizona home, moved into a 200-square-foot Airstream RV with our two dogs, and set up our new home in a KOA campground in Tucson.  It was the first of many big changes for … Read more

Most expensive U.S. cities to retire in 2024

Most expensive U.S. cities to retire in 2024

If you imagine spending your post-work years attending Broadway shows and lounging around Central Park in the city that never sleeps, it’s going to cost you. New York City ranks as the priciest city in the U.S. to retire, according to WalletHub’s 2024 analysis of the best and worst places to retire. Following NYC, the … Read more