A national railroad strike that was due to take place on Friday has been averted, as the Biden administration has reached a tentative agreement with railroad unions and freight rail companies.
President Joe Biden announced the deal early on Thursday after he personally intervened on Wednesday evening to bring both sides—freight rail companies and unions and the government—to an agreement.
Negotiations reportedly lasted deep into the night for a total of 20 hours of talks, but finally, the Biden administration managed to avoid a strike that experts feared would have had a devastating impact on the U.S. economy.
Read more at Newsweek.com