By JOSH BOAK WASHINGTON (AP) — President-elect Donald Trump on Thursday voiced his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports, saying that any further “automation” of the ports would harm workers. Related Articles National Politics | Will Kamala Harris run for California governor in 2026? The question is already swirling National Politics | Senate begins final push to expand Social Security benefits for millions of people National Politics | Trump taps immigration hard-liner Kari Lake as head of Voice of America National Politics | Trump extends unprecedented invites to China’s Xi and other world leaders for his inauguration National Politics | Pressure on a veteran and senator shows what’s next for those who oppose Trump The incoming president posted on social media that he met Harold Daggett, the president of the International Longshoreman’s Association, and Dennis Daggett, the union’s executive vice president. “I’ve studied automation, and know just about everything there is to know about it,” Trump posted. “The amount of money saved is nowhere near the distress, hurt, and harm it causes for American Workers, in this case, our Longshoremen. Foreign companies have made a fortune in the U.S. by giving them access to our markets. They shouldn’t be looking for every last penny knowing how many families are hurt.” The International Longshoremen’s Association has until Jan. 15 to negotiate a new contract with the U.S. Maritime Alliance, which represents ports and shipping companies. At the heart of the dispute is whether ports can install automated gates, cranes and container-moving trucks that could make it faster to unload and load ships. The union argues that automation would lead to fewer jobs, even though higher levels of productivity could do more to boost the salaries of remaining workers. The Maritime Alliance said in a statement that the contract goes beyond ports to “supporting American consumers and giving American businesses access to the global marketplace – from farmers, to manufacturers, to small businesses, and innovative start-ups looking for new markets to sell their products.” “To achieve this, we need modern technology that is proven to improve worker safety, boost port efficiency, increase port capacity, and strengthen our supply chains,” said the alliance, adding that it looks forward to working with Trump. In October, the union representing 45,000 dockworkers went on strike for three days, raising the risk that a prolonged shutdown could push up inflation by making it difficult to unload container ships and export American products overseas. The issue pits an incoming president who won November’s election on the promise of bringing down prices against commitments to support blue-collar workers along with the kinds of advanced technology that drew him support from Silicon Valley elite such as billionaire Elon Musk. Trump sought to portray the dispute as being between U.S. workers and foreign companies, but advanced ports are also key for staying globally competitive. China is opening a $1.3 billion port in Peru that could accommodate ships too large for the Panama Canal. There is a risk that shippers could move to other ports, which could also lead to job losses. Mexico is constructing a port that is highly automated, while Dubai, Singapore and Rotterdam already have more advanced ports. Instead, Trump said that ports and shipping companies should eschew “machinery, which is expensive, and which will constantly have to be replaced.” “For the great privilege of accessing our markets, these foreign companies should hire our incredible American Workers, instead of laying them off, and sending those profits back to foreign countries,” Trump posted. “It is time to put AMERICA FIRST!”The Prime Minister said the season was a time to remember the importance of “being there for one another”, including in “the more difficult times”. He also expressed hope for “peace, particularly in the Middle East as the birthplace of the Christmas story” amid spiralling conflict across the region. The message comes after a challenging first five months in office for the Labour Government and against the backdrop of a flatlining economy and rising inflation. Sir Keir said: “This Christmas, people will be travelling up and down the country. Heading home, visiting relatives and loved ones to celebrate together the hope and joy of this special season. “It’s a time to remind ourselves what’s really important. Family. Friendship. And fellowship between all people. “Being there for one another – in these celebrations, as well as the more difficult times.” To our military and veterans, the whole nation thanks you for the sacrifices you make to keep us safe. My government will serve you as you have served your country. I wish you and your families a very happy Christmas and a peaceful New Year. pic.twitter.com/LphMZog6np — Keir Starmer (@Keir_Starmer) December 22, 2024 The Prime Minister sought to strike an optimistic note following another year of political upheaval for Britain, which saw Labour win a landslide victory after a surprise election called by Rishi Sunak in the summer. After taking office in July, the new Government made a series of unpopular decisions as ministers confronted the realities of creaking public services and strained national finances. As well as dealing with the economic inheritance, Sir Keir said he needed to fix a “broken society” which manifested itself in summer riots across the country after the Southport knife attack. Sir Keir said: “This Christmas, I will be hoping for peace, particularly in the Middle East as the birthplace of the Christmas story. “I’ll be looking towards a better, brighter future for every person and celebrating the joy and wonder that Christmas brings. “So, from my family to yours, I hope you have a very merry Christmas.” The message comes after revised official figures released on Monday indicated that UK gross domestic product (GDP) showed no growth between July and September. Downing Street defended the Government’s record so far when asked about the data, telling reporters: “We had to take those tough decisions to lay the foundations of growth such that we can then deliver the higher living standards over this Parliament that people want to see.” The Prime Minister also used his message to thank those spending Christmas serving others, including in the NHS and emergency services, the armed forces, churches and charities. “I know that this is not an easy time for everyone, and my thoughts are with all those who are lonely this Christmas. “Having a tough time, missing a loved one. You are not alone,” he said. Meanwhile, Kemi Badenoch said Christmas was a time to reflect on “all that’s happened in the year” and “support all of those people who need our assistance”. “I want to take this opportunity to say thank you to everyone, not just in the Conservative Party or in my constituency, but across the country,” the Tory leader said. “For all that you have been doing in your communities, supporting each other and helping to keep all our towns, villages and places going. “I think that Christmas is a time for us to reflect on all that’s happened in the year. “Sometimes we have amazing years. “Sometimes, like when I lost my dad, we have difficult years and we’re commiserating, but we do it together. “But it’s a time for us to support all of those people who need our assistance, who need our help, who need our support.” She added: “And I’m looking forward to 2025. “I wish you all the very best for the New Year and all of the exciting things to come.” Liberal Democrat leader Sir Ed Davey said: “This year, I’ve had the chance to spend time with some amazing young carers. “Incredible young people who will spend this Christmas doing what they do all year round; looking after loved ones who are ill or disabled. “Carers embody the Christmas spirit of love, selflessness and generosity. “So I hope we can all take some time to think of them, and keep them in our hearts. “And wish them – and everyone – a Christmas full of peace, joy and love.”
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Legislation increasing the accessibility of home heating aid and to help identify more seniors who are eligible for the Home Energy Assistance Program — a federal program available to New Yorkers implemented to help low-income homeowners and renters afford costs associated with heating and cooling, was signed by Gov. Kathy Hochul on Monday. Through the legislation, applicants and participants of the Elderly Pharmaceutical Coverage Program will be provided information and instructions for enrollment in HEAP, according to a news release from Hochul's office. "Programs like HEAP help put money back in the pockets of hard-working New Yorkers, helping heat their homes in the dead of winter,” Hochul said. “From raising the minimum wage to our proposed inflation refund checks, we’re doing everything we can to tackle the affordability crisis head-on.” Under the legislation, the Department of Health, which oversees EPIC and its applications, will provide HEAP information and enrollment information with each EPIC application and also through an annual notice to EPIC participants. Barbara C. Guinn, state Office of Temporary and Disability Assistance commissioner, said, “HEAP is a vital lifeline for low-income working families and older adults on a fixed income and also provides financial support to ensure those in emergency situations can keep the heat on and keep their homes warm during the cold winter months.” State Health Commissioner Dr. James McDonald said, “Governor Hochul understands that having a safe and comfortable home, protected from the elements, is a social determinant of health that is foundational to improved health outcomes. New York sees some of the coldest temperatures during the winter and this important legislation will ensure New York’s most vulnerable senior citizens are safeguarded from the cold without facing the added costs of heating their homes.” On Nov. 12, Hochul announced that additional funding was available for seniors and low- and middle-income households to help lower their heat and energy bills. HEAP can provide up to $996 to eligible households. Applications for the regular HEAP benefit opened Nov. 1 and can be found online at . Seniors who require assistance filling out their HEAP applications can contact their local office for the aging or the NY Connects helpline at 800-342-9871.
The tech-heavy Nasdaq 100 index – as tracked by the Invesco QQQ Trust QQQ – extended its relentless climb this week, setting new record highs and nearing the 22,000-point milestone, fueled by strong investor optimism in the Magnificent Seven tech giants and the transformative potential of artificial intelligence. Year-to-date, the index has posted a robust 30% gain, on track to outperform the S&P 500 for the ninth time in the last decade. Since the start of 2023, the Nasdaq 100 is on track to double, nearing a 100% gain – a performance last achieved in 2019-2020 with a 102% rise and previously hit during the dot-com boom of 1998-1999. Notably, five out of the seven Magnificent Seven stocks— Apple Inc. AAPL , Amazon.com Inc. AMZN , Alphabet Inc. GOOGL , Meta Platforms Inc. META , and Tesla Inc. TSLA — achieved fresh record highs this week. The combined market capitalization of the group exceeded $18 trillion, surpassing China's gross domestic product at the end of 2023. Broadcom Inc . AVGO emerged as the week's standout performer, soaring after a strong quarterly earnings beat and delivering upbeat AI-driven guidance for the coming year. The rally propelled the chipmaker into the exclusive $1 trillion market-cap club, making it the eighth-largest publicly traded company. Inflation data released during the week raised some red flags. Consumer inflation rose 2.7% year-over-year in November, in line with expectations, but producer inflation jumped to 3% year-over-year, exceeding estimates of 2.6%. This marked the sharpest increase since February 2023, raising concerns about potential cost pass-throughs to consumers. Investors are fully pricing in a 25-basis-point interest rate cut at the Federal Reserve’s Dec. 18 meeting. Yet policymakers may signal fewer rate cuts for 2025 — potentially just three — while leaving open the possibility of a pause as early as January. You may have missed... Trump Rings NYSE President-elect Donald Trump rang the New York Stock Exchange opening bell on Thursday, expressing confidence in a strong U.S. economy. Trump was named TIME Person of the Year for the second time. GM Robotaxi Exit General Motors Co . GM plans to abandon its robotaxi ambitions, aiming to save $1 billion annually and potentially license Tesla’s Full Self-Driving technology, says analyst Gary Black. Google’s Quantum Leap Alphabet's new Willow quantum chip showcases cutting-edge innovation. Analysts praise Google for advancing technology leadership, signaling potential breakthroughs in computing power and commercial applications. Read now: Fed’s December Meeting Could Crush Rate Cut Optimism For 2025 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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NEW DELHI: The Reserve Bank of India ( RBI ) has asked banks to integrate their internal compliance monitoring systems with its advanced supervisory platform Daksh, two executives aware of this development told ET. ET Year-end Special Reads Corporate Kalesh: Top family disputes of India Inc in 2024 The world of business lost these eminent people in 2024 Fast, faster, fastest: How 2024 put more speed into your shopping Some foreign banks operating in India are resisting the move, saying their internal compliance systems are very advanced and that any integration would require major recalibration, even as public sector lenders are working on the required changes, the executives said. The regulator has asked banks to implement the integration through straight-through processing (STP), and to facilitate this, the deadline for regulated entities to streamline their compliance functions has been extended to April 2025. "Lenders had requested the RBI to extend the deadline for review and implementation of new internal compliance tracking and monitoring processes, which has been accepted, but now the regulator wants such systems to be integrated with Daksh," a senior bank executive said. Launched last year, Daksh is a web-based end-to-end workflow application through which the RBI monitors compliance requirements in a more focused manner with the objective of further improving the compliance culture in supervised entities (SEs) like banks and non-banking finance companies ( NBFCs ). An email sent to the RBI did not receive any response till press time Thursday. 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View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program The second banker said the issue was discussed in an internal meeting of banks earlier this month, and some foreign lenders had raised their concerns about proposed integration with Daksh. "We will further discuss the issue with all concerned stakeholders, including technology vendors, and then approach the RBI for more clarification," he said. In January, the regulator had come out with a notification, 'Streamlining of internal compliance monitoring function-leveraging use of technology', and asked regulated entities to implement comprehensive, integrated, enterprise-wide, and workflow-based solutions and tools to enhance the effectiveness of the compliance monitoring process. The deadline to implement it was set for June 30. "Banks had then decided to form a common format for such compliance monitoring, which the RBI has approved," said the second bank executive quoted above. In its January circular, the RBI had noted that after an assessment in select supervised entities of the prevailing system in place for internal monitoring of compliance with regulatory instructions, it was observed that SEs have adopted varying levels of automation to support this function, ranging from the use of macro-enabled spreadsheets to workflow-based software solutions. "There is, thus, a need to implement comprehensive, integrated, enterprise-wide, and workflow-based solutions/tools to enhance the effectiveness of this function," it had stated, adding that this initiative aims to enhance the monitoring framework, enabling real-time data access for improved communication and collaboration among stakeholders. Nominations for ET MSME Awards are now open. The last day to apply is December 31, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )New Balance slash £55 off trainers praised by teachers and nurses for 'all day comfort'RYE COVE – Ninth District Congressman Morgan Griffith announced a few days ago he was coming to Rye Cove High School Friday to engage with students. The approximately 290 students engaged him in the school gym for an hour with several questions on his positions on national; and world affairs. “If I talk about what I think is interesting, 90% of you will fall asleep,” Griffith told the students before the questions began. ”If I answer questions you find interesting, only 80% of you will fall asleep.” Several students in the bleachers remained awake, asking Griffith his view of the Ukraine situation, gasoline prices, gay marriage, abortion, immigration, Elon Musk, TikTok, Griffith’s salary and Donald Trump. Griffith said he supported funding munitions for Ukraine’s fight against Russie, citing how older munitions from armed forces’ stocks were being sent to Ukraine and replaced with newer ammo supplies. He said he opposed funding for items such as money for the country’s retirement system, however, claiming that Ukraine is ”run by oligarchs, much like Russia Funding Ukraine’s military needs sends a message to Russia about its expansion and to China and its desire to occupy Taiwan, said Griffith. To the applause of several students in the gym bleachers, Griffith said he was pro-life on abortion and a strong Second Amendment supporter. Asked about his stance on gay marriage, Griffith said he disagreed with some U.S. Supreme Court decisions on the issue. On TikTok, Griffith said there was not sufficient privacy separation between the popular social media platform’s American operations and user data when it came to mainland China’s oversight of TikTok’s data access in that country. Selling the platform and removing Chinese control would help protect American users’ personal data, he said. Griffith said he supported legal immigration based on what skill sets immigrants could provide to American society. He added that he supports construction of a border wall, saying it is not perfect but helps shift and control illegal border crossing attempts. “Anybody we know who’s committed a serious crime, they’re on the list,” Griffith said of deportation. Asked if he met Donald Trump, Griffith got another round of applause when he said yes. “I wouldn’t say we’re close personal friends,” Griffith added, “but we know each other.” Griffith said he has disagreed not as much with things Trump has said as with how he said them. He cited an instance where Trump hosted a coal company delegation at the White House. After the meeting ended, the press had left and Griffith was waiting for a ride back to the Capitol, he said he saw Trump invite some miners in to see the Oval Office. “That’s the Donald Trump I’m proud to know and to have supported,” Griffith said. Asked about gas prices going down when Trump takes office in January, Griffith said, “In the next two or three weeks? No. In the next two or three years? Yes.” Griffith claimed energy policies during President Biden’s term have lowered the nation’s capacity to produce electric power, and that may mean higher electric prices for consumers. A question about Elon Musk and his Department of Government Efficiency caused Griffith to declare that Musk and DOGE collaborator Vivek Ramaswamy “are geniuses.” He added that he saw much of government regulation as burdensome and costly to U.S. businesses. “It’s a good idea but hard to do,” Griffith said of DOGE. Griffith also makes $174,000 annually as a member of Congress. 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Top officials from the FBI and Department of Homeland Security on Thursday drew bipartisan fire for declining to testify in public at a Senate hearing on "worldwide threats" and instead offering to testify in a classified setting. Both Democrats and Republicans on the Senate Homeland Security Committee expressed anger at what they called Homeland Security Secretary Alejandro Mayorkas and FBI Director Christopher Wray's "refusal" to testify in public. "In a shocking departure from the Homeland Security and Governmental Affairs Committee's longstanding tradition of transparency and oversight of the threats facing our nation, for the first time in more than 15 years, the Homeland Security and FBI Director have refused to appear before the Committee to provide public testimony at our annual hearing on Threats to the Homeland," Chairman Gary Peters, a Michigan Democrat, said in a statement. Peters said it was "their choice" to not provide public testimony for the American people. "Americans deserve transparency, public answers about the threats we face," Peters said. Sen. Josh Hawley, a Missouri Republican, went a step further and said he "looked forward to Director Wray's resignation." "This is Mayorkas & Wray giving the middle finger to the American people," he tweeted. While it wasn't immediately clear specifically why they declined to testify in public, a Homeland Security spokesperson said in a statement that Mayorkas has appeared before Congress more than 30 times. "DHS and the FBI have offered to the Committee a classified briefing to discuss the threats to the Homeland in detail, providing the Committee with the information it needs to conduct its work in the months ahead," a the spokesperson said in a statement. "DHS and the FBI already have shared with the Committee and other Committees, and with the American public, extensive unclassified information about the current threat environment, including the recently published Homeland Threat Assessment." The FBI said in a statement they've "repeatedly" showed their commitment to being transparent with the American people. "We remain committed to sharing information about the continuously evolving threat environment facing our nation and the extraordinary work the men and women of the FBI are doing -- here at home and around the world -- to protect the American people and uphold the Constitution of the United States ," according to an FBI statement. "FBI leaders have testified extensively in public settings about the current threat environment and believe the Committee would benefit most from further substantive discussions and additional information that can only be provided in a classified setting."AP News Summary at 4:55 p.m. ESTVICTORIA - The British Columbia government is expanding financial assistance for those impacted by intense rainfall and flooding that hammered British Columbia's coast in October. Read this article for free: Already have an account? To continue reading, please subscribe: * VICTORIA - The British Columbia government is expanding financial assistance for those impacted by intense rainfall and flooding that hammered British Columbia's coast in October. Read unlimited articles for free today: Already have an account? VICTORIA – The British Columbia government is expanding financial assistance for those impacted by intense rainfall and flooding that hammered British Columbia’s coast in October. The emergency management ministry says businesses and residents in Surrey, Port Moody and the village of Anmore are now eligible to apply to the Disaster Financial Assistance program. The ministry says the new areas expand upon Indigenous communities, electoral areas and municipalities already deemed eligible last month. The program is available to homeowners, renters, business owners, farmers, corporation-owned properties and charitable organizations to cover uninsurable disaster-related losses. The ministry says all applications related to the October floods must be submitted to the ministry by March 13, 2025. An atmospheric river system dumped hundreds of millimetres of rain on parts of the province Oct. 18 to 20, causing flash floods and sewer backups and making rivers overflow. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. It prompted a local state of emergency in North Vancouver and led to more than $110 million in insured damage claims according to the Insurance Bureau of Canada. This report by The Canadian Press was first published Dec. 13, 2024. AdvertisementBy JOSH BOAK WASHINGTON (AP) — President-elect Donald Trump on Thursday voiced his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports, saying that any further “automation” of the ports would harm workers. Related Articles National Politics | Will Kamala Harris run for California governor in 2026? The question is already swirling National Politics | Trump taps immigration hard-liner Kari Lake as head of Voice of America National Politics | Trump invites China’s Xi to his inauguration even as he threatens massive tariffs on Beijing National Politics | Pressure on a veteran and senator shows what’s next for those who oppose Trump National Politics | What Americans think about Hegseth, Gabbard and key Trump Cabinet picks AP-NORC poll The incoming president posted on social media that he met Harold Daggett, the president of the International Longshoreman’s Association, and Dennis Daggett, the union’s executive vice president. “I’ve studied automation, and know just about everything there is to know about it,” Trump posted. “The amount of money saved is nowhere near the distress, hurt, and harm it causes for American Workers, in this case, our Longshoremen. Foreign companies have made a fortune in the U.S. by giving them access to our markets. They shouldn’t be looking for every last penny knowing how many families are hurt.” The International Longshoremen’s Association has until Jan. 15 to negotiate a new contract with the U.S. Maritime Alliance, which represents ports and shipping companies. At the heart of the dispute is whether ports can install automated gates, cranes and container-moving trucks that could make it faster to unload and load ships. The union argues that automation would lead to fewer jobs, even though higher levels of productivity could do more to boost the salaries of remaining workers. The Maritime Alliance said in a statement that the contract goes beyond ports to “supporting American consumers and giving American businesses access to the global marketplace – from farmers, to manufacturers, to small businesses, and innovative start-ups looking for new markets to sell their products.” “To achieve this, we need modern technology that is proven to improve worker safety, boost port efficiency, increase port capacity, and strengthen our supply chains,” said the alliance, adding that it looks forward to working with Trump. In October, the union representing 45,000 dockworkers went on strike for three days, raising the risk that a prolonged shutdown could push up inflation by making it difficult to unload container ships and export American products overseas. The issue pits an incoming president who won November’s election on the promise of bringing down prices against commitments to support blue-collar workers along with the kinds of advanced technology that drew him support from Silicon Valley elite such as billionaire Elon Musk. Trump sought to portray the dispute as being between U.S. workers and foreign companies, but advanced ports are also key for staying globally competitive. China is opening a $1.3 billion port in Peru that could accommodate ships too large for the Panama Canal. There is a risk that shippers could move to other ports, which could also lead to job losses. Mexico is constructing a port that is highly automated, while Dubai, Singapore and Rotterdam already have more advanced ports. Instead, Trump said that ports and shipping companies should eschew “machinery, which is expensive, and which will constantly have to be replaced.” “For the great privilege of accessing our markets, these foreign companies should hire our incredible American Workers, instead of laying them off, and sending those profits back to foreign countries,” Trump posted. “It is time to put AMERICA FIRST!”
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Maplewood Senior Living Adds To 2024 Trophy Case With Honors From Merit Awards and GlobeSt.Donald Trump’s election interference and classified documents cases dismissedBy JOSH BOAK WASHINGTON (AP) — President-elect Donald Trump on Thursday voiced his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports, saying that any further “automation” of the ports would harm workers. Related Articles National Politics | Massachusetts man who was sentenced for trafficking oxycodone is on Biden’s clemency list National Politics | Natick next up to vote on rules similar to other Massachusetts sanctuary cities National Politics | Lies, damned lies, and politics: Republican source for Biden dirt admits he made it up National Politics | Howie Carr: Liz Warren on warped warpath over health CEO slaying National Politics | Will Kamala Harris run for California governor in 2026? The question is already swirling The incoming president posted on social media that he met Harold Daggett, the president of the International Longshoreman’s Association, and Dennis Daggett, the union’s executive vice president. “I’ve studied automation, and know just about everything there is to know about it,” Trump posted. “The amount of money saved is nowhere near the distress, hurt, and harm it causes for American Workers, in this case, our Longshoremen. Foreign companies have made a fortune in the U.S. by giving them access to our markets. They shouldn’t be looking for every last penny knowing how many families are hurt.” The International Longshoremen’s Association has until Jan. 15 to negotiate a new contract with the U.S. Maritime Alliance, which represents ports and shipping companies. At the heart of the dispute is whether ports can install automated gates, cranes and container-moving trucks that could make it faster to unload and load ships. The union argues that automation would lead to fewer jobs, even though higher levels of productivity could do more to boost the salaries of remaining workers. The Maritime Alliance said in a statement that the contract goes beyond ports to “supporting American consumers and giving American businesses access to the global marketplace – from farmers, to manufacturers, to small businesses, and innovative start-ups looking for new markets to sell their products.” “To achieve this, we need modern technology that is proven to improve worker safety, boost port efficiency, increase port capacity, and strengthen our supply chains,” said the alliance, adding that it looks forward to working with Trump. In October, the union representing 45,000 dockworkers went on strike for three days, raising the risk that a prolonged shutdown could push up inflation by making it difficult to unload container ships and export American products overseas. The issue pits an incoming president who won November’s election on the promise of bringing down prices against commitments to support blue-collar workers along with the kinds of advanced technology that drew him support from Silicon Valley elite such as billionaire Elon Musk. Trump sought to portray the dispute as being between U.S. workers and foreign companies, but advanced ports are also key for staying globally competitive. China is opening a $1.3 billion port in Peru that could accommodate ships too large for the Panama Canal. There is a risk that shippers could move to other ports, which could also lead to job losses. Mexico is constructing a port that is highly automated, while Dubai, Singapore and Rotterdam already have more advanced ports. Instead, Trump said that ports and shipping companies should eschew “machinery, which is expensive, and which will constantly have to be replaced.” “For the great privilege of accessing our markets, these foreign companies should hire our incredible American Workers, instead of laying them off, and sending those profits back to foreign countries,” Trump posted. “It is time to put AMERICA FIRST!”AiAdvertising Reports Nine Months Ended September 30, 2024 Financial Results
Gold may experience steady, albeit modest growth in 2025: WGC
WALMART customers are rushing to buy a unique air fryer this holiday season before it's too late. The advanced kitchen essential is on sale and has been flying off shelves with high praise from buyers. Discounted to $69 from $89 on Walmart's website , the Gourmia Panorama Digital Air Fryer with Panoramic View and Holographic Display is a sweet deal. Not only do shoppers save $20, but the air fryer comes with several perks and benefits. It comes in a size of seven quarts, fitting the majority of foods customers would want to place inside for easy cooking. Additionally, there are 12 One-Touch Cooking Presets for exactly how they would like the air fryer to make the dish, which will happen fast thanks to the FlyForce 360 Degree Technology inside. Read More on Walmart The tech "circulates heated air evenly for crispy perfection," per the product description. Of course, there's the large panoramic curved viewing window on the front of the Gourmia Digital Air Fryer as well for clear monitoring of the cooking process. That's assisted by the 3D holographic display with temperature and time readings, along with display messages. Customers can also select an optional preheat and reminders to turn the food over, depending on personal preferences. Most read in Money There are even Guided Cooking Prompts for those who want them. The Gourmia Digital Air Fryer is also dishwasher-safe and has a nonstick basket and crisper tray for cleaning up after cooking. It does it all for an affordable price, considering some air fryers of the same quality can cost upwards of $200 or more, per Business Insider . Two color options remain available online for Walmart customers — black and white. STAR OF THE SHOW Several who already purchased the air fryer have expressed their adoration of it, and it's earned an overall five-star rating. "Beautiful panoramic view," someone expressed in a review. Gourmia Panorama Digital Air Fryer with Panoramic View and Holographic Display at Walmart: $69 - buy here "Amazing flavor for air fryer!!" another exclaimed. "This was a great buy – does so much!" wrote a third. 'TIS THE SEASON Walmart is also offering some other holiday discounts this year. A Shark robot vacuum is selling for just $198, over 60% off its original listing. Read More on The US Sun The retail giant's best-selling towel warmer was also reduced to $94.99 and is great for those who want their bathroom to "feel like a spa." There's also a top-rated heating gadget at Walmart that comes in four "cute" colors and is less than $10.