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VLCC Rates Surge to 470000 Dollars a Day

Tanker rates on Persian Gulf routes have reached nine times normal benchmark levels following the U.S. and Iran memorandum of understanding, while USO dropped 4.19% to 106.53. Here is what…

VLCC Rates Surge to 470000 Dollars a Day

Broke USPS Asks Congress for a Cash Rescue

Postmaster General David Steiner told a Senate committee Wednesday that USPS is borrowing from employee retirement funds to stay operational, and warned Congress that without sweeping reforms the national mail…

Broke USPS Asks Congress for a Cash Rescue

Oil Prices Fall to Pre Iran War Lows

Crude oil prices dropped nearly 5% to their lowest level since the Iran war began, with USO falling to $107.02. Peace talks in Switzerland and a pledge to reopen the…

Oil Prices Fall to Pre Iran War Lows

Bourbon and beer maker files Chapter 7

Goodwood Brewing & Spirits filed for Chapter 7 after closing its taprooms, joining a wave of 2026 brewery bankruptcies as Americans drink less and watch their budgets. Here's what's driving…

Bourbon and beer maker files Chapter 7

UPS (UPS) Invests $50M in GLP-1 Cold Storage

UPS is investing $48 million in 27 temperature-controlled facilities, deepening its bet on healthcare logistics. With shares at $105.83 and a 6.2% yield, here's what the cold-chain push means for…

UPS (UPS) Invests $50M in GLP-1 Cold Storage