Finance

Russia, Vietnam using energy profits to avoid possible US sanctions for arms deals

Russia, Vietnam using energy profits to avoid possible US sanctions for arms deals

The U.S. State Department refused to comment specifically on the documents or the payment plan designed to skirt American sanctions, referring comments to the Vietnamese government. It reiterated ...

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The Big Short’ investor Steve Eisman says the Fed won’t cut rates that much, and AI is still the biggest story in markets

The Big Short’ investor Steve Eisman says the Fed won’t cut rates that much, and AI is still the biggest story in markets

TIMOTHY A. CLARY/AFP via Getty Images Steve Eisman is best known for betting against the US housing market in 2008. These days, though, the ‘The Big Short’ investor isn’...

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FedEx Freight spinoff on track for June 2026

FedEx Freight spinoff on track for June 2026

The nation’s largest less-than-truckload carrier, FedEx Freight, is on track to become a standalone public company by June of next year. Parent company FedEx said Thursday it plans to spend $600 m...

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Park-Ohio, Orion, Great Lakes Dredge & Dock, Rivian, and Allient Shares Skyrocket, What You Need To Know

Park-Ohio, Orion, Great Lakes Dredge & Dock, Rivian, and Allient Shares Skyrocket, What You Need To Know

A number of stocks jumped in the afternoon session after investors scooped up equities, shaking off the initial concerns inferred from the Fed’s dot plot, with tech stocks leading the charg...

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