Category Business News

Markets fear Feed floor at 4%, dollar boom

Mike Dolan's look at the day ahead in US and global markets Although the Federal Reserve's “hawkish cut” is widely expected on Thursday, markets now fear that 4% policy rates will be the floor for at least the coming year…

FedEx in the freight forwarding industry

FedEx has announced that it will spin off its transportation business into a new publicly traded company as it aims to strengthen its business amid weak demand. The package delivery group, considered a challenger to global economic growth due to…