A container ship leaves the Port of Newark in Elizabeth, New Jersey, on September 30.
Federal Reserve Bank of Chicago President Austan Goolsbee said he'd be concerned if the dockworkers strike that started this morning were to drag on, as it might impact supply chains. "Anything that's a negative supply shock, in our language—that's going to raise the cost of doing business and lead to shortages—is something that we're just going to have to deal with, and the impacts are never good," Goolsbee said Monday in an interview on Fox Business.
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