Economy

Stocks down because of failure of Greek debt talks. More pressure for them to reach an interim deal.

One of the ways unions harm workers is by causing them to replaced with robots. I think this west coast stoppage is a lockout, not a strike.

"The PMA took the punitive action—which will cost workers hundreds, if not thousands, of dollars in lost regular and overtime wages—in retaliation for an alleged slowdown by the International Longshore and Warehouse Union (ILWU).
“PMA members have concluded that they will not conduct vessel operations on those dates, paying full shifts of ILWU workers such high rates for severely diminished productivity while the backlog of cargo at West Coast ports grows,” the PMA said in a statement."

Robots don't slow down either.

New York Penthouse most expensive ever.

London art auction breaks record.