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Hapag-Lloyd Lifts Lower-End of Guidance as Red Sea Situation Raises Rates
Hapag-Lloyd lifted the bottom-end of its full-year guidance range as the current situation in the Red Sea has tightened industry capacity, helping stabilize freight rates.The Wall Street Journal - World -
Mortgage demand from homebuyers drops even as interest rates pull back to April lows
Total mortgage application volume increased just 0.5% from one week earlier, according to the Mortgage Bankers Association's seasonally adjusted index.CNBC - Business - Mortgage -
Why flags will be lowered on Wednesday
On May 15 ,the American flag will be flown from sunup to sundown at half-staff to honor Peace Officers Memorial Day.The Hill - Politics -
IEA lowers 2024 oil-demand forecast
The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world’s largest economies, particularly in Europe.MarketWatch - Business -
It's no surprise to see Amazon shares lower after cloud CEO shakeup
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
IEA Lowers 2024 Oil-Demand Growth Forecast on Slow Start of the Year
The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world’s largest economies, particularly in Europe.The Wall Street Journal - World -
UN Begins Citing a Lower Death Toll For Women and Children in Gaza
The U.N. has begun citing a much lower death toll for women and children in Israel’s military offensive, acknowledging that it has incomplete information about many of those killed.The New York Times - World - United Nations