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🧵 5. President Biden addresses press on Yemen strikes but stumbles in response. Critics question cognitive health as domestic and foreign policies face challenges.

🧵 4. Retailers like Dollar Tree fear chaos as half their products pass through impacted ports. Survey reveals who could be most disrupted by a potential strike.

🧵 3. Flexport CEO raises alarm on looming port strike as a wildcard in upcoming presidential election. Retailers anxious as $4.9bn daily trade hangs in the balance.

🧵 2. Goldman predicts $5 billion in daily international trade at risk if ILA longshoremen strike on East and Gulf Coast ports. Supply chains could face inflation.

🧵 1. Urgent situation brewing: US Port Strike could start Tuesday as labor contract deadline looms. Potential major supply chain disruption if no deal reached. #business

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🧵 5. As Chinese markets pause for the holidays, anticipation builds for their reopening on Oct 8th. Goldman's Fred Yin lays out the market happenings and what’s next.

🧵 4. The week ahead will be devoid of Southbound/Northbound trading during China's Golden Week holidays. Key trade insights and strategies to watch as markets reopen.

🧵 3. Unique insights from a Goldman Asian trader on the Chinese market landscape amid the anniversary celebrations. Markets pause, with trading resuming on Oct 8th.

🧵 2. Goldman trader Fred Yin's recap touches on the past week, current market status, and upcoming plans during Golden Week. Stay tuned for trade insights.

🧵 1. China markets gear up for historic week ahead of People's Republic anniversary. Chinese onshore markets closed Oct 1st to Oct 7th, HK markets closed on Oct 1st. #business

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🧵 3/ Today's notable data recap and European headlines from Newsquawk. Stay updated on Middle East, Asia-Pacific news and more. Subscribe now.

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🧵 1/ European auto stocks plummet as guidance cuts hit hard amid ongoing geopolitical tensions. Visit Newsquawk US Market Open for live updates. #business

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🧵 5. The consensus among economists is that immigration does not significantly harm U.S.-born workers. It actually helps grow the economy and job market.

🧵 4. A recent surge of immigrants to the U.S. is predicted to boost the GDP by $8.9 trillion in the next decade, according to the CBO.

🧵 3. Immigrants are 80% more likely to become entrepreneurs than native workers, according to research. They contribute significantly to the economy.