General view of the site of the derailment of a train carrying hazardous waste, in East Palestine, Ohio, U.S., March 2, 2023. Alan Freed | Reuters The National Transportation Safety Board on Tuesday said it opened a special investigation into Norfolk Southern after recent derailments. The special
DoubleLine Capital CEO Jeffrey Gundlach said it's "very likely" that the Federal Reserve will raise interest rates by half a percentage point at its next policy meeting. "After Powell's testimony today, the chances of a 50-basis point increase have gone up a lot in the
The yield on the 2-year U.S. Treasury note topped 5% on Tuesday, and rose to its highest level since 2007 as investors assessed comments from Federal Reserve Chairman Jerome Powell, who said the central bank may need to increase the pace of interest rate hikes
Federal Reserve Chairman Jerome Powell on Tuesday cautioned that interest rates are likely to head higher than central bank policymakers had expected. Citing data earlier this year showing that inflation has reversed the deceleration it showed in late 2022, the central bank leader warned of tighter
S&P 500 3,986.37 -62.05(-1.53%) Dow 30 32,856.46 -574.98(-1.72%) Nasdaq 11,530.33 -145.41(-1.25%) Russell 2000 1,878.72 -21.03(-1.11%) Crude Oil 77.21 -3.25(-4.04%) Gold 1,817.60 -37.00(-2.00%) Silver 20.14 -1.00(-4.73%) EUR/USD 1.0552 -0.0133(-1.25%) 10-Yr Bond 3.9750 -0.0080(-0.20%) GBP/USD 1.1832 -0.0194(-1.61%) USD/JPY 137.1010 +1.1760(+0.87%) Bitcoin USD 22,128.68 -310.21(-1.38%) CMC Crypto 200 502.38 -8.64(-1.69%) FTSE 100 7,919.48 -10.31(-0.13%) Nikkei 225 28,309.16 +71.38(+0.25%) Advertisement
S&P 500 3,986.37 -62.05(-1.53%) Dow 30 32,856.46 -574.98(-1.72%) Nasdaq 11,530.33 -145.41(-1.25%) Russell 2000 1,878.72 -21.03(-1.11%) Crude Oil 77.21 -3.25(-4.04%) Gold 1,817.60 -37.00(-2.00%) Silver 20.14 -1.00(-4.73%) EUR/USD 1.0552 -0.0133(-1.25%) 10-Yr Bond 3.9750 -0.0080(-0.20%) GBP/USD 1.1832 -0.0194(-1.61%) USD/JPY 137.1010 +1.1760(+0.87%) Bitcoin USD 22,128.68 -310.21(-1.38%) CMC Crypto 200 502.38 -8.64(-1.69%) FTSE 100 7,919.48 -10.31(-0.13%) Nikkei 225 28,309.16 +71.38(+0.25%) Advertisement
S&P 500 3,986.37 -62.05(-1.53%) Dow 30 32,856.46 -574.98(-1.72%) Nasdaq 11,530.33 -145.41(-1.25%) Russell 2000 1,878.72 -21.03(-1.11%) Crude Oil 77.21 -3.25(-4.04%) Gold 1,817.60 -37.00(-2.00%) Silver 20.14 -1.00(-4.73%) EUR/USD 1.0552 -0.0133(-1.25%) 10-Yr Bond 3.9750 -0.0080(-0.20%) GBP/USD 1.1832 -0.0194(-1.61%) USD/JPY 137.1010 +1.1760(+0.87%) Bitcoin USD 22,128.68 -310.21(-1.38%) CMC Crypto 200 502.38 -8.64(-1.69%) FTSE 100 7,919.48 -10.31(-0.13%) Nikkei 225 28,309.16 +71.38(+0.25%) Advertisement
S&P 500 3,986.37 -62.05(-1.53%) Dow 30 32,856.46 -574.98(-1.72%) Nasdaq 11,530.33 -145.41(-1.25%) Russell 2000 1,878.72 -21.03(-1.11%) Crude Oil 77.21 -3.25(-4.04%) Gold 1,817.60 -37.00(-2.00%) Silver 20.14 -1.00(-4.73%) EUR/USD 1.0552 -0.0133(-1.25%) 10-Yr Bond 3.9750 -0.0080(-0.20%) GBP/USD 1.1832 -0.0194(-1.61%) USD/JPY 137.0920 +1.1670(+0.86%) Bitcoin USD 22,128.68 -310.21(-1.38%) CMC Crypto 200 502.38 -8.64(-1.69%) FTSE 100 7,919.48 -10.31(-0.13%) Nikkei 225 28,309.16 +71.38(+0.25%) Advertisement
Ian King and I spend a lot of time debating the next big boom. One theme comes up again and again — the concept of “reshoring.” Reshoring is the opposite of offshoring. It means companies are bringing production and manufacturing “back home” to where the company was
