Port strike 2024: Which products could face shortages, price hikes?
If drawn out, the strike would force businesses to pay shippers for delays and cause some goods to arrive late for peak holiday shopping season.
Where are ports located in NY, NJ area? Here's what they do
On Tuesday, 36 U.S. ports, including New York and New Jersey, were shut down as the union representing approximately 45,000 dockworkers went on strike for the first time since 1977. Here's what ports are affected in our area:
Port strike 2024 triggers toilet paper 'panic buying' at Costco locations
Videos posted online claim that toilet paper is sold out at Costco stores in several states – including New Jersey – with one worker saying their stock was cleared one hour after opening.
Will cruise lines be disrupted by the port strike?
While cargo at many major ports has been disrupted since the beginning of the International Longshoremen’s Association (ILA) strike, the union said last week that its members would "continue to work passenger cruise vessels" during the work stoppage.
Port strike 2024: Map of affected locations, product impacts, updates
While any port can handle any type of goods, some ports are specialized to handle goods for a particular industry.
Here's how the port strike could affect the holidays
This holiday season might be a little less merry —with Christmas trees and holiday goods stuck in transit. Experts warn that more than a month could cause product shortages.
As US port strike looms, progress reported in talks between Eastern and Gulf ports and dockworkers
The union for 45,000 dockworkers and the group representing East and Gulf Coast ports have exchanged wage offers, leaving a ray of hope that a deal can be reached without a major work stoppage.
Port strike looming: What to know and expect
Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.
New Yorkers sound off on 2024 election issues
FOX 5 NY is taking a deep dive into what both Trump and Harris have said about three critical issues: economy, immigration and reproductive rights. Here's what some New Yorkers had to say.
US looks to crack down on cheap shopping site Temu amid concerns of exploitation
The House Intelligence Committee is pushing for action against Chinese e-commerce company Temu and its parent Pinduoduo (PDD) over concerns about trade violations, forced labor, and national security risks.
Would Harris or Trump do a better job on the economy? Voters spilt in new poll
About 4 in 10 registered voters say Trump would do a better job handling the economy, while a similar number say that about Harris, according to a new AP-NORC poll.
Will the Fed's rate cut bring down mortgage rates?
While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.
Blink Fitness bankruptcy: PureGym makes $105M bid for NJ, NY gyms
After filing for Chapter 11 bankruptcy, Blink Fitness could sell most of its New Jersey and New York assets to U.K.-based PureGym for $105 million. See the list of NY locations at risk of closing.
Blink Fitness bankruptcy filing: List of NY locations at risk of closing
Blink, a chain owned by the luxury fitness company Equinox Group filed for bankruptcy to help facilitate a sale of the business. More than half the locations in New York are at risk of closing.
Poll shows Americans take dim view of grocery industry amid recalls, inflation
A recent Gallup poll reveals a shift in Americans' opinions of the grocery industry, with more negative than positive views for the first time. Concerns over inflation and food safety have contributed to declining confidence in a once highly-rated sector.
NYC reparation payments: City moves to address slavery. Explainer
New York City could soon become the largest city to enact reparations. What are reparations, and what does this mean for New Yorkers? Details here.
Where is inflation the highest? Chicago, New York rank near top
New data released by the Labor Department revealed which cities have the highest inflation rates.
Inflation continues to cool, latest numbers show
The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.
US inflation hits 3-year low as Federal Reserve set to cut interest rates
With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key interest rate soon.
No-tip restaurants in NYC: How a Japanese ramen spot is doing
Leaving a tip at the end of a meal is a routine part of going out to eat in New York City, but there are some restaurants that are bucking the trend and implementing a no-tip policy.