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Market Alert: Dockworkers’ Strike Threatens Prices, Mississippi Coroner to Retire Amid Controversy, Dow Drops 200 Points as Oil Surges

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keepingupwithamerica.com

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Wed, Oct 2, 2024 01:00 AM

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Heres what to know..                                                                                                                                                                                                                                                                                                                                                                                                                 October 01, 2024 Good Evening, it is Tuesday October 1st, and we're covering Market Alert: Dockworkers’ Strike Threatens Prices, Mississippi Coroner to Retire Amid Controversy, Dow Drops 200 Points as Oil Surges, and some big investing tips & much more!! First time reading? American Fact of the Day! On October 1, 1908, the Ford Model T was officially introduced to the public, revolutionizing the automobile industry and making car ownership accessible to the average American. This iconic vehicle symbolized the start of a new era in transportation and set the stage for the future of mass production! Breaking Updates Mississippi coroner behind botched death notifications says she'll retire Sharon Grisham-Stewart, the long-serving coroner of Hinds County, Mississippi, has announced her early retirement, effective December 31, three years before her term ends. This decision comes after significant public backlash regarding her office's handling of unclaimed bodies, particularly cases where men were buried in pauper's graves without notifying their families. In her statement, Grisham-Stewart cited a desire to focus on family and explore new opportunities, but she did not address the controversy that has marred her tenure. The uproar over the pauper's grave incidents led to new policies from the Hinds County Board of Supervisors and the city of Jackson, aimed at ensuring that investigators properly check for missing persons before making burial decisions. These changes include protocols for notifying families of deceased individuals. Grisham-Stewart, who has been in office since 1999, faced criticism from families who were left in the dark about their loved ones' deaths, including a notable confrontation with the mother of a deceased man. The Justice Department has also intervened to assist local authorities in improving their notification processes. [Read More Here]( Dockworkers’ strike could push up prices and cause shortages if it lasts for weeks Dockworkers at 36 ports along the eastern United States have initiated a strike for the first time in decades, disrupting operations over issues related to wages and the increasing automation of port facilities. The work stoppage began early Tuesday after the contract between the ports and approximately 45,000 members of the International Longshoremen’s Association expired at midnight. While some progress in negotiations has been reported, the strike poses a risk of supply chain disruptions, potentially leading to shortages and higher prices if it continues for an extended period. This strike could influence the upcoming presidential election, particularly if it results in visible shortages that affect voters. The Biden administration is currently encouraging both sides to reach an agreement but has stated it does not plan to intervene directly. Workers at the Port of Philadelphia have voiced their demands through picketing and slogans emphasizing the impact of automation on job security, marking the first strike by the union since 1977. [Read More Here]( American Sports & Culture MLB playoff preview: World Series odds, keys to success and predicted date of doom for all 12 teams Have World Series-or-bust hopes for the 2024 postseason? Here's why your squad could be playing into November -- or making an early exit. Week 5 NFL Power Rankings: 1-32 poll, plus the biggest issue on defense for every team How high did the Ravens rise and the Bills fall in our Week 5 Power Rankings? Plus, the biggest issue on defense for every team. UFC 307 storylines: Alex Pereira headlines the oldest PPV card ever While Pereira and Khalil Rountree prepare for a standup showdown, what other storylines should fans focus on? American Business & Markets S&P 500 falls, Nasdaq drops 1% as oil spikes on escalating Middle East tensions: Live updates Stocks slipped Tuesday, the first trading day of October and the fourth quarter, after a surprisingly strong September performance. Nike reports earnings after the bell. Here's what Wall Street expects Nike is in a reset after critics say it lost sight of innovation and ceded share to competitors. Its CEO, John Donahoe, is scheduled to step down this month. 500 Starbucks locations have voted to unionize as labor talks continue Baristas at a Starbucks in Bellingham, Washington, voted to unionize on Monday, becoming the 500th location to join Starbucks Workers United. Update your email preferences or unsubscribe [here]( © 2024 Keeping Up With America 19354 Watermark Drive, Suite 202 Cornelius, NC 28031, United States [Terms of Service](

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