A trader works on the floor at the New York Stock Exchange (NYSE), New York, August 3, 2022. Andrew Kelly | Reuters Here are the most important news that investors need to start their trading day: 1. Stocks are looking for momentum US stock markets were on track to open higher on Monday morning after … Read more
A person removes the nozzle from a pump at a gas station on July 29, 2022 in Arlington, Virginia. Olivier Doolery | AFP | Getty Images You’ll be hard pressed now to find slack in the rearview mirror. But what will happen in the future is another story. There is no historical precedent indicating that … Read more
Solar Edge Shares fell this week after the company’s shares fell Second Quarter Results Showed that margins from factory closures, higher transportation costs, and currency headwinds from a weaker euro were hurting. But SolarEdge Chief Financial Officer Ronin Fire said lower margins now are the price to pay for long-term growth in a market where … Read more
Russian President Vladimir Putin attends a meeting with parliamentary leaders in Moscow, Russia on July 7, 2022. Alexey Nikolsky | Sputnik | Reuters Several economists said that Russia faces “economic forgetfulness” in the long run due to international sanctions and corporate flight. The International Monetary Fund last week raised Russia’s GDP estimate for 2022 by … Read more
Voters angered President Biden because of World War II state of the economy probably Leads to another epic “Bombing” For Democrats in November’s midterm elections — which could cost them more than 40 seats in Congress and control of both houses, according to a new study. The “misery index” of inflation and unemployment reached 12.7% … Read more
Coal prices are on the rise, and global coal consumption is expected to return to the record levels it reached in nearly 10 years as the global energy supply crisis continues. Analysts say that while investors in coal stocks spend a field day thanks to rising coal prices, restrictions on carbon emissions are easing as … Read more
A customer shops at a Kroger grocery store on July 15, 2022 in Houston. Brandon Bell | Getty Images While experts debate whether the United States is on the brink of economic downturn, many Americans are already preparing for a recession. To this point, 66% of Americans worry that a recession is approaching, up from … Read more
Written by Eileen Kortenbach, Business Writer at AP Bangkok (AFP) – Illegal online purchases of wildlife are increasing in Myanmar, threatening public health and endangered species, a report by the World Wildlife Fund shows. The report released on Friday found that enforcement of the ban on such transactions has weakened amid political turmoil after the … Read more
By Chris Mejerian, Zeke Miller, and Elaine Knickler – Associated Press A senior US administration official said after the two leaders spent more than two hours Thursday talking about the future of their complex relationship, with the tension clearing up. Taiwan It reappears as a flash point. Biden made the phone call from the Oval … Read more
Now we know. In fact, the economy contracted for two consecutive quarters, falling by a modest 0.9 percent in the second three months of the year after a 1.6 percent decline in the first quarter. This does not mean, as the White House claims, in a ridiculous attempt to spread bad news, that we are … Read more