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The short-lived dockworkers strike reignited a debate over whether or not the president should intervene, invoking an old legislation on the books referred to as the Taft-Hartley Act. On at present’s present, we clarify what the Taft-Hartley Act is, why it was created and why it’s nonetheless scorned by unions. Wall Street’s three major indexes closed down around 1 per cent on Monday while Treasury yields rose, as traders tamped down bets for Federal Reserve interest-rate easing and worried about the Middle East conflict’s impression on oil costs. …

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