Breaking News: Economy
California ports see new wave of freight containers as ships try to beat China tariff hike
A truck passes by shipping containers at the Port of Los Angeles. Mark Ralston | Afp | Getty Images A new wave of ocean freight from China is beginning to arrive at the Port of Los Angeles and Long Beach, an increased flow of shipping containers aiming to beat potential tariff increases. President Trump imposed […]
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Trump to Congress: ‘NO ONE GOES ON VACATION’ until spending bill passes
US President Donald Trump speaks to the press before boarding Marine One from the South Lawn of the White House in Washington, DC on June 24, 2025, to attend the NATO’s Heads of State and Government summit in The Hague. Mandel Ngan | Afp | Getty Images President Donald Trump on Tuesday ramped up his […]
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Business is strong and our brand is amazing, says Carnival Corporation CEO Josh Weinstein
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Money Movers Josh Weinstein, Carnival Corporation CEO, joins ‘Money Movers’ to discuss consumer demand, summer travel and the stock. 02:55 an hour ago Source
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Watch Fed Chair Powell testify live on interest rate policy before House committee
[The stream is slated to start at 10a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers his semiannual monetary policy testimony to congressional leaders, starting Tuesday with an appearance before the House Financial Services Committee. In prepared remarks, Powell noted the […]
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Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism
Key Points Federal Reserve Chair Jerome Powell on Tuesday said he expects policymakers to stay on hold until they have a better handle on the impact tariffs will have on prices. The cautious tones could further antagonize President Donald Trump, who has ramped up his long-standing criticism of Powell. Powell will present his speech, along […]
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Middle East ocean freight rates soar on Iran conflict, Strait of Hormuz shipping risks
Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate, along the Strait of Hormuz, a waterway through which one-fifth of global oil output passes on June 23, 2025. Giuseppe Cacace | Afp | Getty Images Ocean […]
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Senators will stay in D.C. until Trump’s ‘big, beautiful bill’ passes, Thune says
U.S Senate Majority Leader John Thune (R-SD) speaks to reporters following the weekly Republican policy luncheon at the U.S. Capitol Building on June 10, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Senate Majority Leader John Thune said Monday that lawmakers in his chamber will remain in Washington, D.C., until they pass President Donald […]
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Stocks making the biggest moves midday: Tesla, Novo Nordisk, Hims & Hers, Northern Trust, Fiserv and more
Check out the companies making headlines in midday trading: Tesla — Shares jumped more than 10% after Tesla rolled out its robotaxi service in Austin, Texas, over the weekend. Wedbush analyst Dan Ives said a ride in the taxi exceeded his expectations . However, some analysts were more reserved. Northern Trust — Shares rose 7% […]
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Stocks making the biggest moves premarket: Tesla, Northern Trust, DoorDash, Northrop Grumman, Exxon Mobil and more
Check out the companies making headlines before the bell. Northern Trust – Shares rose more than 6% after the Wall Street Journal, citing people familiar with the matter, reported that Bank of New York Mellon approached Northern Trust last week to convey interest in a merger between the two rivals. The report also said that […]
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NATO allies will pledge to hike defense spend – but will they deliver?
US Secretary of Defense Pete Hegseth holds a bilateral meeting with NATO Secretary General Mark Rutte (2nd L) at the Pentagon in Washington, DC, April 24, 2025. Brendan Smialowski | AFP | Getty Images Fireworks could kick off during NATO’s annual summit this week, as the U.S. pushes its allies to sharply increase their defense […]
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