1+ hour, 42+ min ago  (799+ words) Ship traffic through the Strait of Hormuz remained blocked April 9, even as a handful of Chinese vessels lined up to escape, with a very fragile ceasefire between the U. S. and Iran yet to improve traffic flows in the region." Just seven…...

57+ min ago  (497+ words) Every twist in the Iran conflict " every ceasefire bet, every missile strike, every shift in tanker traffic " shows up almost instantly in a $65 million exchange-traded fund that most investors have never heard of. The Breakwave Tanker Shipping ETF plunged roughly…...

2+ hour, 25+ min ago  (364+ words) Oil prices skipped higher early April 9 and Wall Street veered toward modest losses on skepticism over a fragile and muddled ceasefire deal between the U. S. and Iran. Futures for the S&P 500 and Nasdaq each slid 0. 4% before the opening bell, while…...

2+ hour, 4+ min ago  (247+ words) WASHINGTON " The American economy, slowed by last fall's 43-day government shutdown, grew at a sluggish 0. 5% annual pace from October through December, the Commerce Department reported April 9 in a downgrade of its previous estimate. U. S. gross domestic product " the nation's output of…...

1+ hour, 54+ min ago  (556+ words) Project44 advanced its strategy to incorporate artificial intelligence agents with orchestration capabilities by acquiring one of its vendors, Luna Path. ai, the company announced April 9. Luna Path is an AI-native logistics automation company specializing in orchestration- and execution-focused agents. The all-cash…...

17+ hour, 39+ min ago  (404+ words) Pressure on the U. S. economy is building, and Canada can likely get the best outcome in trade negotiations by waiting, according to the former Canadian negotiator who helped draft a new deal during President Donald Trump's first term." "Time is on…...

17+ hour, 24+ min ago  (227+ words) Fed Ex Corp. pilots reached a tentative labor agreement with the parcel company, marking a significant step toward resolving nearly five years of negotiations. The pact includes hourly pay increases of nearly 40% this year followed by 3% annual raises increases starting…...

18+ hour, 4+ min ago  (324+ words) Companies across the transportation, logistics and industrial sectors are still succeeding in passing higher fuel and input costs on to customers, according to Matt Zimmer, head of investment banking at William Blair & Co. The support those prices are providing corporate…...

19+ hour, 9+ min ago  (553+ words) A highly shorted stock. A shrinking pool of shares available to trade. A price that keeps climbing." They're the classic signs of a painful short squeeze, and they've rapidly come into view for Avis Budget Group Inc." Avis shares soared…...

1+ day, 50+ min ago  (262+ words) Fed Ex Corp. s freight unit will see average profit growth of 10% to 12% over the next few years after its spun off from the core parcel-shipping business. The company also said it expects to see up to 6% in average revenue…...