Iron ore logs weekly loss on soft steel demand, production cuts in China
Dalian iron ore futures declined on Friday and logged a weekly loss as weakening steel demand and production cuts pressured…
China’s iron ore imports above 100 million tons for a fifth month
China’s iron ore imports in October stayed above 100 million tons for a fifth straight month, underpinned by robust shipments…
Dry bulk’s looming divide
The prevailing positive sentiment within the dry bulk market may lead to misguided optimism in 2026 and beyond, according to…
Baltic Index Hits Over Three-Week High, Ends Week Firmer
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to an over…
Private reports suggest US labor market weakened in October
The U.S. economy shed jobs in October amid losses in the government and retail sectors, while cost-cutting and the adoption…
Trump, in shift, acknowledges Americans are paying “something” for tariffs
President Donald Trump on Thursday acknowledged that U.S. consumers are paying more for goods because of the tariffs he has…
Fed’s Williams: Fed may soon need to expand balance sheet for liquidity needs
The U.S. Federal Reserve may soon need to grow its balance sheet through bond purchases and could consider shortening the…
US consumer sentiment weakens in November as government shutdown drags on
U.S. consumer sentiment weakened to the lowest level in nearly 3-1/2 years in early November amid worries about the economic…
Fed Vice Chair Jefferson: Slow approach to cuts makes sense as policy rate approaches neutral
The Fed should “proceed slowly” in approving further interest rate cuts as monetary policy moves closer to a neutral stance,…
US government shutdown weighs more heavily on growth
Shutdown creates more headwinds for growth We’ve written extensively about the bifurcation of US consumers. The top 20% of earners…