Labor economy

U.S. East Coast port strike looms Tuesday with no talks scheduled

U.S. East and Gulf Coast port workers are set to go on strike at midnight on Monday with no talks…

Teamsters union says it will not endorse Harris or Trump in 2024 presidential election

The International Brotherhood of Teamsters on Wednesday announced it will not formally endorse a candidate in the 2024 presidential election,…

Teamsters presidential endorsement could come this week, union says after Harris meeting

The International Brotherhood of Teamsters could issue its long-awaited presidential endorsement as soon as Wednesday, union spokesperson Kara Deniz confirmed…

Dutch neobank Bunq goes on hiring spree, targeting digital nomads, as other fintechs slash jobs

Dutch challenger bank Bunq told CNBC that it plans to grow its global headcount by 70% this year to over…

Trump wants to make IVF free. Democrats, Republicans and experts are dubious

Former President Donald Trump says that he wants to make in vitro fertilization treatments free of cost, either by requiring…

Economic ‘misery index’ that’s predicted every election winner since 1980 looking good for Harris, but it’s close

A gauge of economic misery that has a strong track record of predicting elections is tilting toward a Kamala Harris…

Presidential debate crib sheet: U.S. economy numbers to know

When Vice President Kamala Harris and former President Donald Trump take the debate stage in Philadelphia on Tuesday night, expect…

Yellen says U.S. economy remains solid, on path to ‘soft landing’ with no meaningful layoffs

Treasury Secretary Janet Yellen sought to reassure the public on Saturday that the U.S. economy remains strong, despite a string…

U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says

The U.S. job market is cooling at a worrisome rate but not to an extent that warrants panic — at…

August private payrolls rose by 99,000, smallest gain since 2021 and far below estimates, ADP says

Private sector payrolls grew at the weakest pace in more than 3½ years in August, providing yet another sign of…