News

Rail strike to cripple U.S. economy?

Published

3 years ago

September 15, 2022

Rail workers threaten to strike demanding better working conditions

If tens of thousands of rail workers strike on Friday in demand of better working conditions—mayhem could ensue across the United States.

According to statistics, rail moves about two-fifths of long-distance American freight.

It also carry’s one-third of the nation’s exports.

These crucial shipments essentially provide the backbone of the American supply chain.

The Biden administration is involved in the talks hoping to prevent a halt that would deal a major blow to the economy.

But in the lead-up to the midterms, the discussions put President Joe Biden’s ambitions for combatting inflation at odds with his continued pledge to support labor unions.

On Wednesday, Amtrak— run on tracks operated and maintained by freight carriers—said it would cancel all long-distance passenger trains beginning Thursday in anticipation of a strike to avoid upending people’s travel plans.

News

Gold, silver and platinum explode on markets

Precious metals soar on ASX; investors must choose between bullion, futures, or mining stocks amid rising market heat.

Published

13 minutes ago

September 17, 2025

ticker NEWS

Precious metals soar on ASX; investors must choose between bullion, futures, or mining stocks amid rising market heat.

Precious metals are surging on the ASX, with gold, silver, and platinum all making headlines.

Investors now face a critical decision: whether to buy physical bullion, trade futures, or invest in ASX mining stocks.

Each path comes with risk and reward, but with metals running hot, the question is whether markets are just heating up—or already near boiling point.

#Gold #Silver #Platinum #TickerNews

News

Utah man charged with murder of Charlie Kirk

Utah’s Tyler Robinson, 22, charged with murder of activist Charlie Kirk; DNA links him to crime, death penalty sought.

Published

1 hour ago

September 17, 2025

ticker NEWS

Utah’s Tyler Robinson, 22, charged with murder of activist Charlie Kirk; DNA links him to crime, death penalty sought.

Utah prosecutors have charged 22-year-old Tyler Robinson with the murder of conservative activist Charlie Kirk.

The case includes aggravated murder and witness tampering charges, with officials signalling they will pursue the death penalty.

Investigators say Robinson’s DNA was found on the weapon used in the killing, and he reportedly confessed to family members.

#CharlieKirk #Utah #BreakingNews #TickerNews

News

Appeals court halts Trump’s attempt to fire Cook

Appeals court blocks Trump’s attempt to remove Lisa Cook from Federal Reserve ahead of crucial interest rate meeting

Published

11 hours ago

September 16, 2025

Ahron Young

Appeals court blocks Trump’s attempt to remove Lisa Cook from Federal Reserve ahead of crucial interest rate meeting

In Short:
– A federal appeals court has blocked Trump’s attempt to remove Lisa Cook from the Federal Reserve board.
– Trump’s expected Supreme Court appeal raises concerns about the Federal Reserve’s independence and market stability.

A federal appeals court has blocked President Donald Trump’s attempt to remove Lisa Cook from the Federal Reserve board.

The decision comes just before a crucial meeting regarding potential interest rate changes.The court determined that the Trump administration did not meet the requirements for an appeal against a prior ruling that had already blocked Cook’s removal.

Cook has faced allegations of mortgage fraud, which she denies. Her lawyers assert she has not committed any wrongdoing, and documentation reviewed by NBC News supports her position.

Trump is expected to appeal this ruling to the Supreme Court.

The legal context for Cook’s position at the Federal Reserve highlights that removal can only occur “for cause,” under the Federal Reserve Act. Analysts warn that firing Cook may destabilise the Federal Reserve, which is critical for market stability.