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Railroad Workers Strike Sparks Fears of Supply Chain Crisis

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A freight railroad strike, and the economic damge it could cause, could happen as early as Friday .Ana Kasparian discusses on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live

Read more HERE: https://www.marketwatch.com/story/why-a-possible-railroad-strike-would-cripple-the-supply-chain-stoke-inflation-11663108711?mod=home-page

"A possible national railroad strike is looming over the U.S. supply chain and adding to the inflation fears that have rocked markets this week.

Major freight railroad operators have already warned that they are preparing for a possible strike and halting some services, creating network slowdowns.

Also see: Dow books near 1,300-point drop as stocks record worst day since June 2020

Wall Street expects Congress to intervene and head off a work stoppage. In the meantime, Labor Secretary Marty Walsh continued “to lead discussions” Wednesday between railroads and unions, a DOL spokesperson said."

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220909 TA01
Category
Europe
Tags
220909 TA01, TYT, The Young Turks
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