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President Joe Biden announced a tentative agreement to avert a railroad strike. The high level negotiations spanned several hours. The agreement reached among 12 unions could prevent a shutdown. White house officials were scrambling to reach a deal ahead of the Friday midnight deadline that would trigger a strike among tens of thousands of workers. Without the agreement, a strike could haunt essential shipments and cost the United States around $2 billion a day, a devastating hit to the economy ahead of the midterm elections.