Shippers around the world are pushing back on increases from ocean carriers diverting from the Suez Canal, but for U.S.-bound cargo, costs are still rising. Source: Red Sea supply chain inflation may be peaking already, new trade data suggests
Category: CNBC
Allen previously explored deals to buy ABC, television station operator Tegna and the National Football League’s Washington Commanders. Source: Byron Allen, offering $14 billion for Paramount, has a long history of media bids that haven’t materialized
Fed Chairman Jerome Powell said the central bank is unlikely to have enough confidence about inflation to cut rates as soon as March. Source: Fed Chief Jerome Powell says a March rate cut is not likely