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The Port of Los Angeles has started to impose fines on cargo ships overstaying their welcome, and is starting to see some movement. CNBC has the story @

Head of busiest U.S. port says imposing fines for lingering cargo was 'a last resort' but it's starting to help The Port of Los Angeles' decision to impose fines on lingering cargo containers was "a last resort," but it's working, Executive Director Gene Seroka told CNBC.

The Fed is still hoping the recent up-tick in inflation is transitory, and is starting to taper its bond-buying measures. Reuters has the latest @

Fed sings the 'transitory' inflation refrain, unveils bond-buying 'taper' The Federal Reserve threw its weight back behind the drive for a full U.S. jobs recovery on Wednesday, restating its belief that current high inflation is "expected to be transitory" and, despite risks to that view, arguing that price pressures will ease and pave the way for stronger employment and....

With higher-than-expected inflation and slower economic growth, is “stagflation” making an unwelcome comeback? Reuters has the details @ https://reut.rs/3pL7qea

Analysis: The 1970s all over again? Stagflation debate splits Wall St Phil Orlando has not heard this many people mentioning stagflation since he was a financial journalist in the late 1970s, when oil prices were soaring and inflation stood at more than double its current level.