port strike

US stocks end down as Iran launches missiles at Israel; defense shares rise

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US stocks end down as Iran launches missiles at Israel; defense shares rise

U.S. stocks ended lower, with the Nasdaq losing more than 1%, on Tuesday as investors grew more cautious after Iran fired missiles at Israel. Iran launched the salvo of ballistic missiles in retaliation for Israel’s campaign against Tehran’s Hezbollah allies. In response, U.S. President Joe Biden directed the U.S. military to aid Israel’s defense and … Read more

Port Strike Puts Biden In Tight Spot As Election Approaches

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Port Strike Puts Biden In Tight Spot As Election Approaches

The longshoremen’s strike that bottled up U.S. ports from Maine to Texas has put Joe Biden in a tough political spot five weeks out from the presidential election. Tens of thousands of dockworkers walked off the job early Tuesday morning in a contract dispute with the group representing port employers. The work stoppage could deal … Read more