Economy

California ports see new wave of freight containers as ships try to beat China tariff hike
World

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 […]

Read More
Trump to Congress: ‘NO ONE GOES ON VACATION’ until spending bill passes
Politics

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 […]

Read More
Stocks making the biggest moves midday: Uber, Carnival, Advance Auto Parts, Snowflake and more
Finance

Stocks making the biggest moves midday: Uber, Carnival, Advance Auto Parts, Snowflake and more

Check out the companies making the biggest moves midday: Carnival — The cruise line jumped nearly 7% after beating second-quarter earnings and revenue that topped analysts’ expectations. Carnival reported adjusted earnings of 35 cents per share on revenue of $6.33 billion. Analysts were expecting earnings of 25 cents per share on revenue of $6.21 billion, […]

Read More
Business is strong and our brand is amazing, says Carnival Corporation CEO Josh Weinstein
Travel

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

Read More
Watch Fed Chair Powell testify live on interest rate policy before House committee
Finance

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 […]

Read More
Stocks making the biggest moves premarket: Carnival, Chewy, KB Home, Lockheed Martin and more
Finance

Stocks making the biggest moves premarket: Carnival, Chewy, KB Home, Lockheed Martin and more

Check out the companies making headlines before the bell: Carnival — The cruise line jumped more than 6% after beating second quarter earnings and revenue that topped analysts’ expectations. Carnival reported adjusted earnings of 35 cents per share on revenue of $6.33 billion. Analysts were expecting earnings of 25 cents per share on revenue of […]

Read More
Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism
Finance

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 […]

Read More
Fed Chair Powell speaks on Capitol Hill this week with politics front and center
Finance

Fed Chair Powell speaks on Capitol Hill this week with politics front and center

Key Points Federal Reserve Chair Jerome Powell heads to Capitol Hill this week, with testimony to Congress kicking off Tuesday morning as Powell presents the Fed’s monetary policy report. Multiple White House officials have cranked up the heat on Powell to start lowering rates, and he’s now faced with two key Fed officials who have […]

Read More
Middle East ocean freight rates soar on Iran conflict, Strait of Hormuz shipping risks
World

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 […]

Read More
Senators will stay in D.C. until Trump’s ‘big, beautiful bill’ passes, Thune says
Politics

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 […]

Read More