Toilet paper hoarding returns to Southern California after port strike prompts supply fears • Dockworkers’ union suspend strike until Jan. 15 to allow time to negotiate new contract
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Thursday, October 3, 2024

Stabilizing mortgage rates could be boon for buyers

Lower interest rates allow home buyers’ budgets to stretch further.

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Toilet paper hoarding returns to Southern California after port strike prompts supply fears

The panic-driven shopping Americans experienced during the pandemic returned to the aisles at Costco, Target and Walmart.

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Dockworkers’ union suspend strike until Jan. 15 to allow time to negotiate new contract

The International Longshoremen’s Association will resume working immediately. Both sides also reached agreement on wages, but no details were given.

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If dockworkers strike drags on, US could see shortages and higher retail prices

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. Workers began walking picket lines early Tuesday near ports all along the East and Gulf coasts. A shutdown that […]

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Game on: Automakers expand video entertainment options in vehicles

The automotive industry is flipping on its head a long tradition of car racing video games by bringing the gaming experience into the vehicles.

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Amazon, Target and other retailers are ramping up hiring for the holiday shopping season

Retailers are ramping up hiring for the holiday season, but fewer seasonal employees are expected to be taken on this year to help customers in stores and assemble online orders in warehouses.

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Mystery surge in California tax revenue points to tech companies like Nvidia

California was nearly $2 billion over forecast in corporate tax receipts this summer, including by $844 million in July.

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AI can only do 5% of jobs, says MIT economist who fears crash

Daron Acemoglu is one of the louder voices warning that the AI frenzy has gone too far.

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Lilly weight-loss drug copycats dealt blow as shortage ends

Many knockoffs became popular when patients couldn’t find the brand-name medicines.

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Newsom signs lemon car reform law with a caveat to lawmakers

Gov. Newsom reluctantly signed a bill to reform the state’s lemon-vehicle law, despite him saying it has problems that lawmakers will need to fix.

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