Global shipping rates set to surge as carriers avoid Red Sea
The global supply chain is feeling the fallout from Iran-backed Houthi rebels attacking vessels in the Red Sea. Freight prices are set to jump Monday,…
Economy
Biden and Speaker Johnson talk border security amid shutdown
U.S. President Joe Biden addresses the hostage situation in Gaza during a meeting about fentanyl in the Roosevelt Room at the White House, Washington, U.S., November…
American Airlines 2024 Elite Status Changes
American Airlines is making changes to its AAdvantage loyalty program throughout 2024. New benefits are being added for both entry-level members and those with higher-level…
Stock market doesn’t bottom until after the Fed starts cutting rates, charts show
As stocks try to regain their footing after a rough start to 2024, history suggests there could be further choppiness ahead. All three major averages…
Eli Lilly’s plans for growth push stock to another new high — plus two more health stock updates
Eli Lilly ‘s presentation Tuesday evening at the influential JPMorgan Healthcare Conference was light on near-term financial updates, as expected, but heavy on discussion about…
Bosses want to work remote more than employees, but still push return to office
In the years-long debate over remote work, upper-level executives have often been the loudest — and staunchest — advocates for returning to the office. But…
Identity theft victims see ‘unconscionable’ IRS delays: advocate
Erin Collins, national taxpayer advocate at the Taxpayer Advocate Service, speaks at a Senate Appropriations subcommittee hearing in Washington, D.C., on May 19, 2021. Bloomberg…
RFK Jr.’s presidential campaign questioned by FEC over payments to daughter in-law
Robert F. Kennedy Jr. speaks to supporters at the Adrienne Arsht Center for the Performing Arts in Miami on Oct. 12, 2023. Al Diaz |…
Trump not allowed make New York fraud trial closing argument
Former US President and Republican presidential hopeful Donald Trump departs after speaking during a “Commit to Caucus” rally at the North Iowa Events Center in…
Consumer spending rises in December to end solid holiday season, CNBC/NRF Retail Monitor shows
People carry shopping bags as they visit a department store during the holiday season in New York City. Eduardo Munoz | Reuters Retailers chalked up…