<p>Reuters are reporting some possible good news for on the U.S. railway strike sagaU.S. railway parties have agreed to a cooling off period as standard part of the ratification process after reaching a tentative deal overnight, a move that would avert any shutdown in case unions fail to ratify it, a source familiar with the situation said on Thursday.</p><p>U.S. President Joe Biden called negotiators around 9 p.m. Wednesday night as talks continued in a move the source said was „crucial“ as talks progressed for 20 hours into the night.</p><p>As a reminder, almost 30% of cargo in the U.S. travels by rail, and with harvest season upon us, a nationwide strike would be very damaging </p><p>Full story via Reuters available on <a target=“_blank“ href=“PiQSuite.com/Suite“ target=“_blank“ rel=“nofollow“>PiQSuite.com</a></p>

This article was written by Ryan Paisey at forexlive.com.