Fed delivers second straight rate cut as growth slows and job market softens
The Federal Reserve said yesterday that it lowered the target rate, for the federal funds rate, which comes from its…
Good News for Shipping After US-China Summit, Including Suspension of Fees
Officials from both the United States and China are speaking positively of the results of the meeting between U.S. President…
Cosco cites falling freight rates, tariff woes for 56% drop in Q3 net profits
China-based Cosco’s latest earnings came as Beijing and Washington announced a one-year pause in their reciprocal port fees as part…