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Labor Secretary Perez Says To Dock Workers And Port Operators: Squash It Today

The Labor secretary has intervened in the negotiations and the ongoing labor dispute is hitting U.S. businesses.

U.S. West Coast Port Dispute Forces Shippers To Find Alternatives

Global shipping companies are looking for other seaports to unload their goods, including those in Canada and along the East Coast of the U.S.

As Oil Prices Tank, Firms Large And Small Feel The Pain

Oil companies are laying off thousands of workers, and firms that provide services to support the industry — from drilling to seismic surveys — have been told they must slash costs to keep working.

Under Competitive Pressure, Wal-Mart To Rollout Raises

Around 500,000 Wal-Mart employees will soon be getting a raise. The company said on Thursday it would spend $1 billion to make sure all employees earn at least $9 an hour starting in April. Wal-Mart's minimum wage would go to $10 an hour in early 2016.

From Jobs To Car Parts, Port Dispute Rippling Through The Economy

A labor dispute between shipping lines and dock workers has created big cargo backups at many West Coast ports. The slowdown is touching nearly every part of the nation's consumer economy.

Heaps Of Oranges Could Rot As West Coast Dock Dispute Drags On

Millions of pounds of citrus fruit are stranded and at risk of spoiling in warehouses and boats at major ports in California. It's the result of a dockworker labor dispute that's jammed operations.

Study Suggests Recession, Recovery Have Not Left The Rich Richer

Conventional wisdom is that income inequality has gotten worse in the years since the financial crisis, but new research by a George Washington University professor says that's not what the data show.

Despite Recovery, Many Find Home Loans Still Hard To Get

The housing market and the economy are both well on their way back from the Great Recession. But housing advocates say banks, stung by the housing crisis and its fallout, remain reluctant to lend.

EU-Greek Drama Deepens As A Deadline Approaches

Greece has threatened to quit the euro if an agreement over its debt isn't reached. There were hints that a deal with the new Greek government could be worked out. But turmoil looms if the talks fail.

On Iran's Streets, 'Death To America' ... And Hope For A Nuclear Deal

Many Iranians seem prepared to shift relations with the West. But there are also plenty of skeptics when it comes to the prospect of a nuclear deal and normal ties with the U.S.