Looming Port Strike Threatens Trade… And The Latest Comments From Fed Chair Powell 9/30/24
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 30 September 2024
⏱️ 44 minutes
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| 0:00.0 | Life in the Nesac Market site in the heart of New York City's Times Square, this is fast money. |
| 0:05.7 | Here's what's on tap tonight. |
| 0:07.1 | Port strike countdown. |
| 0:08.1 | We are just hours from a massive work stoppage up and down the East Coast and along the |
| 0:12.1 | Gulf Coast. How much damage |
| 0:13.8 | could this strike have on the economy and what retailers are most at risk for an |
| 0:17.5 | extended strike will go inside the numbers. Plus unspeakable devastation, the death toll from Hurricane Helene continues to climb and the damage to towns, homes, roads is almost beyond words. |
| 0:28.0 | An on-the-ground report coming up in an early look at just how much the recovery could cost. |
| 0:32.0 | And later, China's rally rolls on, the S&P gets... an early look at just how much the recovery could cost. |
| 0:32.9 | And later China's rally rolls on. |
| 0:34.4 | The S&P gets set for the spooky month of October and Tesla riding high ahead of its delivery |
| 0:39.4 | report. |
| 0:40.4 | I'm Melissa Lee coming to you live from Studio Be at the Nasak on the desk tonight. |
| 0:43.2 | Courtney Garcia, Karen Feinerman, Dan Nathan, and Guyadami. |
| 0:46.5 | We start off with the countdown to a potentially massive labor stoppage that could |
| 0:50.3 | royal trade across the eastern seaboard. |
| 0:52.8 | In just about seven hours, longshoremen from New Jersey to Houston are expected to go on strike. |
| 0:58.3 | Truckers and rail operators have been scrambling to move the billion dollars of cargo at these ports affecting industries from |
| 1:04.3 | retail to electronics to autos. |
| 1:06.8 | Nearly half of all goods imported to the U.S. go through these ports. |
| 1:11.6 | Earlier today, the Chamber of Commerce urged the Biden administration to block the |
| 1:15.8 | strike saying it would be, quote, unconscionable to allow a shutdown to shock the economy. |
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