Stay updated with breaking news from Marving Perez. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The FOMC statement and dot plot were viewed as somewhat more hawkish than expected. System credit growth has slowed - and the risk of a precipitous lending slowdown is rising. Read more.
Nicole, now a tropical storm, is lashing central Florida with heavy rain and powerful wind, leaving a trail of blackouts and floods. The storm came ashore
(Bloomberg) — Florida is set to have the smallest orange crop in almost eight decades even before factoring in the full impacts of Hurricane Ian’s devastation…
Matthew Dalton, Jim Carlton and Sha Hua reported on the front page of today's Wall Street Journal that, "Severe droughts across the Northern Hemisphere—stretching from the farms of California to waterways in Europe and China—are further snarling supply chains and driving up the prices of food and energy, adding pressure to a global trade system already under stress."
By Archie Hunter and Tatiana Freitas (Bloomberg) — In the coffee trading world, a ship steaming across the Atlantic Ocean is garnering a lot of attention. A break-bulk vessel named Eagle...