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The Baltic Dry Index (BDI) rose 29 points, or 0.8%, to 3,399 on Monday as freight rates strengthened across all vessel classes. The Capesize index (BCI) gained 71 points, or 1.2%, to 5,839; Capesize average daily earnings rose $638 to $49,450. The Pa

2026-09-21

The Baltic Dry Index (BDI) rose 29 points, or 0.8%, to 3,399 on Monday as freight rates strengthened across all vessel classes. The Capesize index (BCI) gained 71 points, or 1.2%, to 5,839; Capesize average daily earnings rose $638 to $49,450. The Panamax index (BPI) added 4 points, or 0.18%, to 2,255, with Panamax daily earnings up $35 to $20,297. The Supramax/Handy index (BSI) increased 4 points, or 0.2%, to 1,771.

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2026-09-21

Politico reports Governor Kathy Hochul will unveil next steps to on Monday implement the RAISE Act and name the first senior official to the office that will oversee its enforcement. The state law, framed as a milestone in AI safety regulation, is sc

Politico reports Governor Kathy Hochul will unveil next steps to on Monday implement the RAISE Act and name the first senior official to the office that will oversee its enforcement. The state law, framed as a milestone in AI safety regulation, is scheduled to take effect in January. Hochul is positioning New York’s approach in contrast to the federal government as concern about AI risks grows. Some Washington officials favor restrictive measures to slow AI development and strengthen protections; President Trump has sought to block those efforts, calling AI doomsday claims "a hoax," and said over the weekend he envisions a federal monitoring role but has not outlined specific proposals.
2026-09-21

The German central bank predicts that the German economy will grow slightly in the third quarter and recover in the fourth quarter.

The German central bank predicts that the German economy will grow slightly in the third quarter and recover in the fourth quarter.
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