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Major Shipping Firms Halt Red Sea Routes Following Houthi Attacks

Seven major shipping companies have suspended operations in the Red Sea due to increased missile and drone attacks by Yemen s Iran-backed Houthis. ....

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U.S. Drillers Cut Drilling Activity Amid Stabilizing Oil Prices

The total number of active drilling rigs in the United States fell by 2 this week after climbing by 10 over the course of the last four weeks ....

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Fed Keeps Rates Unchanged, Forecast Series Of Hikes In 2024

Officials decided unanimously to leave the target range for the benchmark federal funds rate at 5.25% to 5.5%, suggesting its aggressive series of hikes has come to an end. ....

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