Over a half-billion dollars in rail freight stuck at Texas border

Over a half-billion dollars in rail freight stuck at Texas border

NBC NEWS — Pictured: Border Patrol Agents arrest 8 suspected illegals in Maverick County, near Eagle Pass, TX, as they try to ride a freight train into the United States from Mexico on February 27, 2007 — Photo by: Al Henkel/NBC NewsWire Nbc Newswire | Nbcuniversal | Getty Images Major railroads Union-Pacific and BNSF, a … Read more

Mortgage demand slips despite drop in interest rates

Mortgage demand slips despite drop in interest rates

House for sale with “For Sale” real estate sign in yard in spring or summer season. No people. Fstop123 | E+ | Getty Images Mortgage demand fell last week compared with the previous week, despite a continued drop in rates, according to the Mortgage Bankers Association‘s seasonally adjusted index.  The average contract interest rate for … Read more

Signs are pointing to a banner travel year in 2024

Signs are pointing to a banner travel year in 2024

American Airlines planes are seen at gates at LaGuardia Airport ahead of the Thanksgiving holiday, in New York City, U.S., November 21, 2023.  Shannon Stapleton | Reuters Airlines expect record traveler numbers and revenues in 2024 but will continue to be constrained by the high cost of capital and limited capacity, the International Air Transport … Read more

The bulls are back on Wall Street

The bulls are back on Wall Street

Snow covers the Charging Bull sculpture in the Financial District of Manhattan, New York City, New York, U.S., December 17, 2020. Jeenah Moon | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more

See the top 20 list

See the top 20 list

Paris is, once again, the best city to visit in the world, according to Euromonitor International. The city topped the market research company’s annual list of the “Top 100 City Destinations” which compares cities using 55 metrics across six categories: economic and business performance, tourism performance, tourism infrastructure, tourism policy and attractiveness, health and safety, … Read more

Care Bears have easier time getting to U.S. from China

Care Bears have easier time getting to U.S. from China

Business is largely back to normal along the global supply chain, including where it all begins for the Care Bear: the factory floor in China. Anward Shen, owner of An’Best Toys in China, which produces the plush toys for U.S. retailer Basic Fun!, said the cost of making a Care Bear is back to where … Read more

Investment deal sends stockpiled minerals from NWT rare earths mine to China – National

Investment deal sends stockpiled minerals from NWT rare earths mine to China – National

The federal government says it’s monitoring a Chinese investment in a struggling Australian firm that owns Canada’s only operating rare earths mine. According to a release on the company’s website, the first stage in Shenghe Resources Holding Co., Ltd’s investment in Vital Metals was completed as of Monday, in shares issued to raise roughly $5.3 … Read more

10-year Treasury yield rises to start the week

10-year Treasury yield rises to start the week

The 10-year Treasury note yield rose Monday to start the last full trading week of 2023. The yield on the 10-year Treasury was about 2 basis points higher at 3.943%. On Thursday, the yield fell below the 4% level, hitting its lowest since July. The 2-year Treasury yield was little changed at 4.457%, below the … Read more

The bulls are charging in

The bulls are charging in

Snow covers the Charging Bull sculpture in the Financial District of Manhattan, New York, December 17, 2020. Jeenah Moon | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what … Read more

Delta beefs up Austin flights in battle for fast-growing airport

Delta beefs up Austin flights in battle for fast-growing airport

Angel Di Bilio | iStock Editorial | Getty Images Delta Air Lines is adding more flights next year at Austin-Bergstrom International Airport, in a bid to gain market share in one of the country’s fastest-growing airports. The carrier plans to add 11 nonstop flights from Austin in April, giving it almost 50 peak-day flights, the … Read more