In a surprising turn of events, the International Longshoremen's Association (ILA) has decided to pause their three-day strike involving 45,000 dockworkers on the East and Gulf coasts. This temporary suspension could potentially boost the US economy by avoiding shortages and price increases that might have resulted from a prolonged labor dispute. The agreement betwee...

As dockworkers strike along the East and Gulf coasts, some manufacturers and retailers are asking President Joe Biden to step in. They want him to use a law from 1947 called Taft-Hartley. This law lets presidents pause strikes for 80 days so companies and unions can talk things out. The dockworkers’ union has about 45,000 members. They work at 36 ports across th...