Congress Ramping Up Antitrust Efforts // Jobless Claims Stay Above 400K // The Ever Given is Free - 6/24 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(1:18) - Antitrust efforts in Congress are ramping up, with six different bills making their way through various House committees. While there is bipartisan support for antitrust, these bills are narrowly getting by so far.(15:01) - Initial jobless claims came in above 400K for the second straight week, although this last week there was a slight decrease from 418K to 411K. What is causing these numbers to stay at the level they're at after several straight weeks of declines?(25:31) - FedEx has suspended service for 1,400 freight customers in an effort to ease their very congested network and service system. Among the items being suspended are airgas, which can be crucial in factories.(36:10) - It's time to celebrate! The Ever Given ship will finally be released from the Suez Canal. The Giant container ship was stuck for 10 days, but has been in the Canal for three months total.