New York – The world economy is being held back by the actual closure of the Strait of Hormuz. The prices of petrol, jet fuel and diesel have gone up. Stock markets have fallen, and the possibility of a recession has increased. After weeks of trying and failing to reopen the critical waterway off Iran’s … Read more
In September 2023, St. Paul Mayor Melvin Carter and a bevy of city officials celebrated as a 22-year-old man, who had been homeless, became the first descendant of the historic community-Black Rondo to buy a house in the area using $ 90,000 from the new city housing program. He was the first home buyer in … Read more
The growing conflict in the Strait of Hormuz is causing countries to re-evaluate global trade routes and explore new ways to reduce exposure to potential obstacles. The rush has increased amid warnings that any long-term disruption to the flow of oil could disrupt global oil supplies and push prices up sharply, with some estimates suggesting … Read more
I received an email last week from a reader who recently retired. He had done everything right – saved diligently, paid off the mortgage, built a $680,000 nest egg. In October, three months into his retirement, he was Googling “this is all there is” at 2am. His story hit me harder than I expected. Maybe … Read more
US President Donald Trump visits to sign an executive order in the Oval Office of the White House in Washington, DC, March 31, 2026. Evan Vucci | Reuters Hi, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Global markets weighed down by the US-Iran conflict continued … Read more
Item 1 of 4 Trucks transport containers at the Uiwang ICD Terminal in Uiwang, South Korea, March 13, 2026. REUTERS/Kim Hong-Ji/File Photo [1/4]Trucks transport containers at the Uiwang ICD Terminal, Uiwang, South Korea, March 13, 2026. REUTERS/Kim Hong-Ji/File Photo Purchase Licensing Rightsopens a new tab Imports rise 48.3% y/y, against 44.9% forecast Increase in semiconductor … Read more
$60,000 in funding will help Michigan businesses develop and implement transportation programs LANSING, Mich. – The Michigan Department of Employment and Economic Opportunity (LEO) has awarded $60,000 in grants to help three businesses develop and implement transportation programs to help improve employee retention, productivity and access to work. The Reliable Rides Incentive Grant Pilot Program, … Read more