The Canadian government has intervened in a labor dispute involving thousands of freight train workers. The deadlock on workers’ contract negotiations could have led to a major economic disruption, impacting goods coming into the United States.    Canada’s two largest railroads, Canadian National and CPKC, locked out more than 9,000 unionized workers on Thursday, Aug. 22. Within…

Vice President Kamala Harris closed out the Democratic National Convention (DNC) by accepting her party’s nomination for president. And one of the largest diamonds ever found was just unearthed in Botswana. These stories and more highlight The Morning Rundown for Friday, Aug. 23, 2024. VP Kamala Harris formally accepts Democratic presidential nomination at DNC Vice President Kamala…

Jackson Hole, Wyoming, is known for its temperate summers, but Federal Reserve Chair Jerome Powell is probably feeling the heat turn up a bit ahead of his most-anticipated speech of the year. Powell will speak Friday, Aug. 23, at the Kansas City Fed’s annual economic symposium at Grand Teton National Park.  Central bankers, policymakers and investors…

After a four-month slump, sales of previously occupied homes finally picked up in July. Lower mortgage rates and a rising number of homes on the market appear to have encouraged more home shoppers to make a move. Despite the news, the increased supply of homes did not help cool home prices. Sales are still down…

They were told with hard work and a good education, they’d get the career of their dreams. But for many young adults in China, that is simply not the case.  For a couple of years now, there have been rumors about the “lying flat” or “let it rot” youth in China, a characterization that the…

Panama’s government announced on Tuesday, Aug. 20, that it deported 29 Colombians on the first deportation flight funded by the United States government. The move is part of an agreement made in July between Panama and the U.S. The deportation flight falls in line with Panama’s new president, Jose Raul Mulino, who vowed during his…

Former President Donald Trump is planning to counterprogram the Democratic National Convention (DNC) with campaign events in battleground states. Presidential nominees typically get a polling boost after their convention. According to 538, the average is plus two points. It has been as much as 8% for Bill Clinton in 1992 and as little as zero…

The Democratic National Convention kicks off in Chicago as President Joe Biden is among the names scheduled to speak the first night. And Secretary of State Antony Blinken is in Israel preparing for what he calls a ‘decisive moment’ in cease-fire talks. These stories and more highlight The Morning Rundown for Monday, Aug. 19, 2024. Day 1…

Vice President and Democratic presidential nominee Kamala Harris gave the first real look into her economic agenda Friday, Aug. 16. The speech in Raleigh, North Carolina, marks the first major policy address given since she has taken over the top of the ticket. Harris is looking toward the economy as it remains one of the…

Rent prices have skyrocketed in the past few years, but renters might be finding a bit of an edge now. More rentals are sitting empty — leading landlords to look for ways to sweeten the pot. Zillow said the share of listings offering incentives, like free parking or a few weeks rent-free, is up to…