Prediction: The Federal Reserve Will Cut Rates In September, and This Ultra-High-Yield Dividend Stock Could Soar
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Baltic index hits near two-month peak on higher capesize rates
The Baltic Exchange’s main sea freight index extended gains on Monday to touch its highest in close to two months,…
Iron ore snaps six-day losing streak on hopes of China stimulus
Iron ore futures prices rose on Monday after six days of losses, as hopes of fresh stimulus from top consumer…
US container imports poised to surge in September as strike looms over Atlantic ports
Latest actual data shows July was a record month for US container ports as retailers brought in goods early
Scorpio Tankers buys back $175m more of its own shares
Product giant scoops up a further 2.4m shares as it seeks to close gap to net asset value
Greece to spend an additional 3.5 bln euros next year on wages, pensions
Greece will spend an additional 3.5 billion euros ($3.9 billion) next year on pension and wage hikes and on defence,…
Draghi urges EU to catch up rivals or face ‘slow agony’
The European Union needs far more coordinated industrial policy, more rapid decisions and massive investment if it wants to keep…
Fed projected to cut interest rates by 125 bps over rest of 2024 – Citi
The Federal Reserve could react to the latest nonfarm payrolls figures by rolling out 125 basis points in cut at…
Container Routes and Alliances Rearranging for 2025
The container shipping sector is preparing for one of its most significant realignments due to launch in 2025 as alliances,…
India inflation likely held steady at five-year low of 3.50% in August
Indian consumer inflation probably held below the Reserve Bank of India’s 4.0% medium-term target for a second month in August…