Houthi Rebels Hit Three Merchant Ships in Two Days
Over the weekend, Yemen’s Houthi rebels hit three ships in the Gulf of Aden, starting fires on all three. It…
Fed seen waiting to cut rates as job growth picks up
A U.S. job market scorecard that exceeded all forecasts has undercut confidence over when, or even if, the Federal Reserve…
A December rate cut is ‘a rising prospect’ as unemployment rate hits 4%: Macquarie
Macquarie analysts see a potential shift in Federal Reserve policy on the horizon. While their base case remains a 2025…
ECB has a long way to go in inflation fight, Lagarde says
The European Central Bank is still a long way from defeating inflation and needs to keep putting the brakes on…
US jobs growth beats all expectations
A tale of two surveys US May non-farm payrolls came in at 272k versus the 180k consensus and higher than…
Revenue Ramifications Emerge with US States Winding Down Large Tax Cuts
The period of sizeable state tax cuts that began in early 2021 and peaked in 2022 is drawing to a…
Amid war, Putin looks east from Russia’s window to Europe
Cut off from the West, Russia is pitching its $2 trillion economy to giants like China and Saudi Arabia and…
Vigor Begins Low Rate Initial Production Work on U.S. Army Landing Craft
Vigor, a Titan Company, has begun low rate initial production (LRIP) on the Maneuver Support Vehicle (Light) (MSV(L)) vessel at…
Stolt Tankers Expands Fleet Application of Shipshave’s ITCH™
Stolt Tankers is expanding implementation of Shipshave’s In-Transit Cleaning of Hulls (ITCH) solution across its fleet after seeing significant fuel…
State-of-the-Art Solutions for Third Prysmian Cable Laying Vessel
Following the previous orders to equip the state-of-the-art cable laying vessels Leonardo da Vinci and Monna Lisa, PALFINGER MARINE will…