Amazon CEO Andy Jassy addresses layoffs, says 'there will be more role reductions' – GeekWire

With U.S. economy at risk, here's how a national rail strike could start in December (msn.com)

This article outlines possible outcomes and strike dates in early December. There are multiple unions voting but a strike can be called if just one refuses to ratify the contract. 

Rail strike potential grows, threatening to worsen supply chain backlogs, inflation (nbcnews.com)

The current contract was brokered by the Biden Administration. The 2 largest unions are voting with available results next week . Estimated cost of a strike-  $2Billion per day.

Freight railroads still believe strike can be avoided | CNN Business

To date 3 unions have rejected the contract.  More voting results are due next week 

Washington, DC --

The U.S. International Trade Commission (USITC) released a report on the Distributional Effects of Trade and Trade Policy on U.S. Workers.  The report was requested by USTR Katherine Tai to gather information from a wide array people to who are underrepresented in quantitative analyses, but negatively impacted by U.S. trade policy.

https://www.cnbc.com/2022/11/15/business-owners-have-a-big-tax-deadline-coming-up-well-before-april.html

Pandemic deferred Social Security taxes due January 3 2023 

1099K's will be issued soon

Late filing penalties are 5-25% 

Small businesses still dealing with inflation, labor shortages | Fox Business

According to the National Federation of Independent Business, 33% of small business owners cited inflation as their most important problem in October. That number is three points higher than was reported in September.

Small businesses say inflation is cutting into profits: New survey (cnbc.com)

The U.S. economy has seen record-high inflation, with the consumer price index up 8.3% over the past year. That inflationary pressure means higher costs for small business owners who then have to make the difficult decision of how much of those costs they can afford to pass on to their customers without risking losing business

Washington, D.C. --

The Washington Post reported the U.S. Customs and Border Protection (CBP) Commissioner Chris Magnus has resigned after news circulated that U.S. Department of Homeland Security (DHS) Secretary Alejandro Mayorkas asked for Magnus' resignation or he would be fired.  See the full article at: CBP head Chris Magnus has resigned, following standoff with DHS Secretary Mayorkas - The Washington Post

Fifth District Survey of Manufacturing Activity, October 25, 2022 (richmondfed.org)

The Federal Reserve Bank reported little relief for supply chains