Economy and macroUpdated November 7

LA–Long Beach contract talks extended to Nov. 20.

The first extension only carried the deadline to Friday at midnight. Now, the employers and the union representing about 250 security workers at the Los Angeles–Long Beach port complex have agreed to keep negotiating for two more weeks, through Nov. 20. That pushes a possible strike further off, but doesn't erase the risk: a strike could disrupt shipping at the largest U.S. container-port complex. The talks have bought time, not a guarantee of a deal.

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Coverage started November 7