Market Mentality News Today : Breaking News, Live Updates & Top Stories | Vimarsana

tonight. a walkout by 60,000 workers could derail the u.s. economy. the biden administration is considering executive action to avoid a shutdown. let's get the latest from cnn's pete muntean. >> reporter: it is the latest effort to put the brakes on a possible rail worker strike that could deal a major blow to the economy. bosses representing unions and railroads met with the labor secretary in a last-ditch effort to reach a deal by midnight thursday. that's when 60,000 workers could walk off the job in solidarity with train engineers fighting for sick time. a strike will mean freigh...

Railroad lines. already companies have been moving, even amtrak canceling all of its long haul routes here because, of course, amtrak passenger trains ride on those rails. everything from gasoline to food, consumer goods, just about everything are carried on those railroad lines. the white house is touting a deal. check on futures. see if the markets are moving on this. this takes a big uncertainty out of the market mentality there. okay. so narrowly mixed. we'll continue to watch and see if this could be good news for the stock market. let's move onto the leaders of russia and china. they'l...

Open is no big deal. what's really wrong is not china's inflation, the market mentality and the china decisionmakers' mentality need to be adjusted. china's inflation no longer 1%, 2%. it's getting back to 4%, 5%. that's the normal level for china over the next decade. >> always good to talk to you. thanks for coming in. chief economist at credit suisse for asia based in hong kong. max? many feel china's support of domestic companies makes it difficult for them to get significant contracts there. that's why the announcement that beijing has approved $45 billion in new export contracts for u....