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News
Hundreds of jobs to go at taxpayer-backed steelworks
2+ hour, 8+ min ago (431+ words) September 14, 2026 — 6:44pm Hundreds of workers at the collapsed Whyalla steelworks will lose their jobs after the site’s administrators abandoned efforts to restart its ageing blast furnace, despite more than $1 billion in taxpayer support being on the table for a potential buyer....
Shipping And Logistics In The Era Of Global Conflict: What To Expect
3+ day, 2+ hour ago (602+ words) Sedat Saka, energetic leader and President of MTS Logistics, a NYC-based, top U.S. logistics company. Shipping and logistics have faced a tumultuous decade. A decade after the Hanjin Shipping bankruptcy led to industry upheaval, global events like the Covid-19 pandemic have…...
Goldman Sachs and J.P. Morgan Expect Fed Rate Hike in September as Inflation Stays High
2+ hour, 44+ min ago (526+ words) Wall Street is now almost certain the Federal Reserve will raise interest rates at its September 15-16 policy meeting. Markets put the odds at 87%, up from around 70% before last week’s inflation data came in hotter than expected. — Barchart (@Barchart) September 11, 2026 Goldman…...
Federal Reserve chairs historically over-communicate what's next. Kevin Warsh wants to say less
5+ hour, 43+ min ago (349+ words) JEROME POWELL: We're not thinking about raising rates. We're not even thinking about thinking about raising rates. POWELL: The risk of higher inflation becoming entrenched has increased. It's certainly increased. I don't think it's high at this moment, but I…...
Nigerian billionaire Dangote launches oil refinery IPO, Africa's biggest share sale
3+ hour, 53+ min ago (23+ words) TradingView Nigerian billionaire Dangote launches oil refinery IPO, Africa's biggest share sale...
Carney pitches Canada to global investors as Trump tries to pull investment south
1+ hour, 6+ min ago (636+ words) Canadian Prime Minister Mark Carney is courting some of the world’s biggest investors as he tries to reduce Canada’s economic dependence on the United States during an escalating trade war with President Donald Trump TORONTO -- U.S. President Donald Trump…...
Alawuba: Improved Economic Indicators Signal Nigeria’s Gradual Stabilisation
5+ hour, 29+ min ago (623+ words) Group Managing Director of UBA, Alawuba says improving economic indicators signal gradual stabilisation but urges policies to translate gains into prosperity. Group Managing Director of United Bank for Africa (UBA) and Chairman of the Body of Bank CEOs in Nigeria,…...
Carney pitches Canada to global investors as Trump tries to pull investment south - Daily Independent
6+ hour, 28+ min ago (804+ words) About 300 CEOs and senior executives from some of the world’s biggest investment firms will descend on the Four Seasons in Yorkville, a tony Toronto enclave of high-end restaurants and designer boutiques, for Carney’s Canada Investment Summit this week. The investors…...
Ahead of Fed meeting, Trump says US should have world’s lowest interest rate
16+ hour, 22+ min ago (374+ words) By Bo Erickson, Padraic Halpin and Conor Humphries DOONBEG, Ireland, Sept 13 (Reuters) – No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve’s next policy meeting. Speaking to reporters at…...
Exclusive: Banks' Loan Rates Dip Slightly Despite Benchmark Cuts
5+ hour, 44+ min ago (325+ words) Net add-on rates rose 0.57 percentage points, shifting burden to borrowers as loan growth caps tighten ◇When loan benchmark rate drops 0.72 percentage points, actual rate falls 0.15 percentage points However, the actual household loan rates at these 14 banks decreased only from 5.68% to…...