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US West Coast ports gained market share in August after labor deal -report
12/09/2023

US West Coast ports gained market share in August after labor deal -report

European retailers risk dressing-down from investors as consumers flinch
12/09/2023

European retailers risk dressing-down from investors as consumers flinch

But there was a significance to the story. It was the first time since June that U.S. energy firms increased the number ...
11/09/2023

But there was a significance to the story. It was the first time since June that U.S. energy firms increased the number of rigs actively drilling for oil in the country, according to a weekly update of the rig count by oil services firm Baker Hughes.

The news came as quietly as it could on a Friday afternoon and passed without any discernible impact. And understandably...
11/09/2023

The news came as quietly as it could on a Friday afternoon and passed without any discernible impact. And understandably too: The U.S. oil rig count went up by one last week, after a drop of 127 over the past year.

Highlighting Vietnam's growing importance as a "friendshoring" destination for U.S. technology companies, executives fro...
10/09/2023

Highlighting Vietnam's growing importance as a "friendshoring" destination for U.S. technology companies, executives from Google (NASDAQ:GOOGL), Intel (NASDAQ:INTC), Amkor (NASDAQ:AMKR), Marvell (NASDAQ:MRVL), GlobalFoundries and Boeing (NYSE:BA) are expected to meet on Monday with Vietnamese tech executives and Secretary of State Antony Blinken in Hanoi.

Biden is to arrive at Vietnam's Presidential Palace on Sunday afternoon for a formal welcome from Communist Party Genera...
10/09/2023

Biden is to arrive at Vietnam's Presidential Palace on Sunday afternoon for a formal welcome from Communist Party General Secretary Nguyen Phu Trong, Vietnam's most powerful leader, then go to party headquarters, where the two will meet and give public remarks.

NEW YORK (Reuters) - U.S. stock investors are turning their focus to next week’s inflation data, which could determine t...
09/09/2023

NEW YORK (Reuters) - U.S. stock investors are turning their focus to next week’s inflation data, which could determine the near-term path of an equity rally that has wobbled in recent weeks.

Signs the U.S. economy is on track for a so-called soft landing, where the Federal Reserve is able to bring down inflation without badly damaging growth, have helped power the S&P 500’s 16% year-to-date gain.

The state of Alaska sued President Joe Biden's administration on Friday seeking to block its decision to reverse a polic...
09/09/2023

The state of Alaska sued President Joe Biden's administration on Friday seeking to block its decision to reverse a policy begun under his predecessor Donald Trump that had opened vast swaths of the Tongass National Forest, the largest such wilderness in the United States, to logging and mining.

The state's lawsuit, filed in federal court in Anchorage, said the January decision by the U.S. Department of Agriculture (USDA) to restore protections for 9.37 million acres (3.76 million hectares) of the southeastern Alaska forest undermines the state's economy by prohibiting timber harvests and mining for essential minerals

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