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US jobless claims hit 258,000, the most in a year
The consumer price index was expected to show a 0.1% increase in September and a 2.3% gain from a year ago, according to Dow Jones consensus estimates.
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Sen. Warren and Rep. Dean demand major food and beverage CEOs stop ‘shrinkflation'
Two Democratic lawmakers are demanding that some of the biggest food and beverage companies stop engaging in “shrinkflation” — the practice of reducing product sizes while charging prices that are the same or higher.
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South Florida dockworkers celebrate tentative deal, ending strike
Thousands of dockworkers are heading back to work Friday after reaching a tentative agreement on pay. NBC6’s Niko Clemmons reports
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South Florida dockworkers returning to work after tentative deal reached
Thousands of dockworkers are heading back to work Friday after reaching a tentative agreement on pay. Longshoremen across the county and in South Florida went on strike earlier this week with several demands.
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US could see shortages and higher retail prices if dockworkers strike drags on
U.S. ports from Maine to Texas shut down this week when the union representing about 45,000 dockworkers went on strike for the first time since 1977.
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Experts say no need for panic buying as port strike sparks concerns over supply chain
All eyes are on the negotiations between dockworkers on the East Coast and port operators as consumers and business owners worry about their bottom line.
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Dockworkers continue to strike across the country and in South Florida
A dockworkers strike in South Florida and across the country entered its second day Wednesday.
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Higher prices, rotten fruit and more: How the Longshoremen strike could impact consumers
The first thing that’s going to be impacted by the dockworkers strike, experts said, is fresh produce, like bananas, and fresh seafood.
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Dockworkers strike at ports from Maine to Texas, sparking fears of shortages and higher prices
Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks.
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Trump wants higher tariffs on imports. How they work who will actually pay for it
Former President Donald Trump has proposed a 60% tariff on goods from China and a 20% tariff on everything else the United States imports.
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Federal Reserve announces aggressive rate cut
The Federal Reserve announced its first rate cut since 2020. The rate cut comes at a key time for one South Florida woman looking to keep building her small business. NBC6’s Alina Machado reports
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Fed cuts key interest rate by half point
The Federal Reserve is cutting its interest rate by a half a point, the Committee said Wednesday.
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Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for consumers.
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Rate of inflation is trending down – but does that mean relief?
Reports suggest the rate of inflation is heading in a good direction. But that doesn’t necessarily mean we’ll see prices go down anytime soon. NBC6’s Alina Machado reports
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US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates next week.
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A recession could upend plans for people approaching retirement. Taking these steps can help, experts say
Retirees and near-retirees perhaps face the biggest risks if an economic downturn upends their financial plans. Experts say these are the questions to ask now.
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Increased sausage demand could be worrying signal to the economy
One manufacturer included in the Dallas Fed’s latest survey said growth in the category typically aligns with a slowing economy.
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How potential interest rates cuts will impact us
A potential rate cut is on the horizon, according to the head of the Federal Reserve just weeks before next month’s board meeting. NBC6 Responds’ Alina Machado is on your side with how this could impact you
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Federal Reserve signals interest rate cuts are coming, but doesn't say when
Speaking at the Federal Reserve’s annual retreat Friday, Chair Jereme Powell said “the time has come for policy to adjust.”
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As Canadian rails grind to a halt, so may several sectors of the US economy
Canadian National Railway, Canadian Pacific Kansas City and the Teamsters Canada Rail Conference union — which represents more than 10,000 workers — failed to come to an agreement after months of labor talks.