BUSINESS

US Dockworkers To Head Back To Work After Tentative Deal

An agreement between the International Longshoremen's Assocation (ILA) and the United States Maritime Alliance (USMX) extended operations at US ports until January 15, 2025, ending a three-day strike
US dockworkers will return to work after a three-day strike at East and Gulf Coast ports after the union and port operators reached a tentative deal on pay and extended the current contract to January 15, both sides said Thursday.
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Data from payroll firm ADP showed private sector employment rising in September by a higher-than-expected 143,000 jobs

US Private Sector Adds More Jobs Than Expected In September: ADP

US private sector hiring picked up in September, with employers adding more jobs than anticipated, according to data released Wednesday by payroll firm ADP. ADP data showed private sector employment rose by 143,000 jobs, significantly higher than the 120,000 figure that a consensus by Briefing.com expected.
Apple's new iPhones are expected to optimize AI innovations

US Labor Board Accuses Apple Of Imposing Illegal Workplace Rules

In a complaint, the National Labor Relations Board claimed that Apple required its U.S. employees to sign illegal confidentiality agreements and non-disclosure as well as non-compete agreements. Apple also imposed overly broad social media policies, it said.
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Bitwise Files For $XRP ETF, Topic Trends On X

Bitwise, already an issuer of spot Bitcoin and spot Ethereum ETFs, filed for an $XRP ETF, triggering excitement in the crypto community and marking the first step in what Ripple CEO Brad Garlinghouse previously predicted was an "inevitable" wave of crypto ETFs.
The annual rate of inflation for the 20-country eurozone was the lowest since April 2021

Eurozone Inflation Falls Under 2% For First Time Since 2021

The eurozone's annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed Tuesday, dropping below the European Central Bank's two-percent target and fuelling expectations of a rate cut.
New York Governor Kathy Hochul announces preparations for disruptions for East Coast ports ahead of a potential dockworker strike

US Dockworkers Launch Strike After Labor Contract Expires

Dockworkers at major ports along the US East and Gulf Coasts went on strike Tuesday after last-minute negotiations yielded no new labor contract, a stoppage expected to drag on the world's largest economy just ahead of the November presidential election.

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