Business, Commodities & Shipping News 2026

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Dow tumbles more than 750 points to new closing low for 2026, fueled by inflation woes; Fed holds steady on rates

New U.S. economic data as well as comments from the Federal Reserve chief stoked concerns about persistent inflation in the country.

www.cnbc.com

 

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Trump Waives Jones Act for 60 Days—Shipping Interests Say It Won’t Help Lower Gas Prices

The White House has approved a 60-day Jones Act waiver, moving forward with a controversial policy that U.S. shipping interests warned just days ago would do little to lower fuel...

gcaptain.com