Friday, October 28, 2022

Economist Peter Schiff Warns the US Dollar Will Crash — Says 'We're Going to Default'

It's ugly. It was catching fire. It's old tech. GM is selling the Chevy Bolt like hotcakes

Amazon warns costs may eviscerate profits, shares crash

America and Saudi Arabia are locked in a bitter battle over oil. The stakes are massive

Biden admin bracing for up to 70K COVID deaths this winter as booster uptake flops

A key US inflation gauge stayed at a high 6.2% in September

Growing Pile of Distressed Debt Signals Coming US Default Wave

World’s largest Bitcoin miner may be heading towards bankruptcy

Wuhan plunged back into lockdown almost three years after first Covid case with 800k in quarantine amid spike in cases

Europe Effectively Bans Sales of New Gas- and Diesel-Powered Cars by 2035

Thursday, October 27, 2022

Germany plans to legalise recreational cannabis

Mortgage demand from homebuyers is nearly half what it was in 2021

Average long-term mortgage rate jumps above 7% this week

European health experts warn of new wave of COVID-19 within a week

An Economic Crisis Worse Than Any Recession In History Is On Its Way?

This Social Security Bridge Strategy Can Help Secure Your Retirement

Environmentalists Warn of Gas Flaring in Texas as Prices Plunge Below Zero

Study Discovers Medical Cannabis Drives 6x Improvement In Killing Breast Cancer Cells

China's Semiconductor Industry 'Decapitated Overnight': What 'Annihilation Looks Like'

Doesn't Look Like We're In A Recession: CNBC Anchor Says 2.6% GDP Number Could Signal 'Soft Landing'

Tuesday, October 25, 2022

The US Now Has Just 25 Days of Diesel Supply — Its Lowest Amount Since 2008

Financial security is allowing some older workers to leave the workforce

The conflict in Northern Ethiopia is humanitarian crisis - White House

Stock markets crash in Hong Kong, Shanghai and Shenzhen on a raft of bad news after China’s leadership reshuffle

The live music industry is in big trouble.

California poised to become world’s 4th largest economy

U.S. yields climb as hawkish Fed concerns outweigh weaker economic data

Kremlin accuses West of having "essentially stolen" gold, forex reserves via sanctions

World is in its 'first truly global energy crisis'

Friday, October 21, 2022

New Omicron Strain Demonstrates "Dramatic" Resistance To Antibody Immunity

Deutsche Bank sets 2030 targets to cut emissions tied to loans

Yuan falls to lowest since 2008 global crisis, despite state bank support

Verizon profit drops 23% as pricier plans result in subscriber loss

CEOs plan for recession with staff, ESG cuts—it could backfire

The Real Reason Why The US Has A Housing Crisis

Key US bond yield hits highest level since June 2008

China, 'factory of the world,' is losing its manufacturing dominance

Analysis: As U.S. Treasuries tumble, some investors say turning point is near

Wednesday, October 19, 2022

Goodbye, 10 P.M. Network Primetime Hour? CBS And ABC Will Follow NBC’s Lead And Hand It Back To Local Stations, Hearst TV Chief Expects

Barilla, Italy's 'No. 1 Brand of Pasta' Sued Over Pasta Made in US

Mortgage demand drops to a 25-year low, as interest rates climb

Somalia faces worst famine in half a century, UN warns

Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation

Where Is Weed Sold? Circle K Gas Stations in Florida in 2023

Biden Establishes Oil Price Floor, Wants Industry to Keep Pumping

Investors Are Hoarding the Most Cash Since 2001. Here's Why That May Signal a Rally.

Moderna jab ‘to protect through the winter’ after positive new results

Standard deductions are being increased for the 2023 tax year, the IRS says

Friday, October 14, 2022

I’m a retail expert – the blockbuster change to Kroger is bad news for shoppers for several reasons

"Pretty troublesome": New COVID variant BQ.1 now makes up 1 in 10 cases nationwide, CDC estimates

Bernie Sanders and Elizabeth Warren blast the $25 billion merger between grocers Kroger and Albertsons, one calling it an 'absolute disaster' for consumers

The FDA has officially declared a shortage of ADHD drug Adderall

Citigroup reports 25% slump in third-quarter profit

JPMorgan profits fall; bank stores cash for coming downturn

Some investors think the Fed should disregard that hot inflation print

This groundbreaking motionless wind turbine is 50% more efficient than regular turbines

"60/40" portfolios are facing worst returns in 100 years: BofA

Jamie Dimon's 'Gut' Says Fed Will Have to Hike Rates Over 4% to 4.5%

Thursday, October 13, 2022

Deere invests $29.8M to shift production from China to Louisiana

Albertsons merger with Kroger could be announced this week

A Study Has Found How Much It Costs To Have A Basic Healthy Diet In Canada In 2022 & Ouch

Cliff edge looms for UK’s financial system

Engineers warn that electric car charging at night could crash a grid

More big interest rises on the way as US inflation hits 8.2%

Fed's net income turned negative in September, but it was no surprise

Franklin Templeton on Fixed Income: Investors should keep ‘dry powder’ ready to deploy

Wind power world record broken by ‘revolutionary’ turbine

Funding Social Security Is a Lot Cheaper Than Coddling Rich Retirees

Inflation stayed uncomfortably high in September

Tuesday, October 11, 2022

Rail union rejects labor deal brokered by Biden administration

Japan’s Nissan quits Russian market, losing $687m

US economy will soon start losing 175,000 jobs a month, Bank of America warns

This Deadly COVID Twist Is Like Nothing We’ve Seen Before

The Bank of England’s lifeboat is in choppy waters with its bond buying

More than 2.5 million US middle and high school students say they currently use e-cigarettes, research finds

China credit default swaps hit highest in more than five years: S&P

How bad will flu and Covid be this winter? Hospitals brace for rough season.

U.S. should pump more oil to avert war-level energy crisis: JPMorgan's Jamie Dimon

Labor Dept rule on independent contractors likely to land as early as Tuesday

World's Largest Blackout Ever Leaves 140 Million People Without Power

No one is quite sure where they stand anymore despite Bank of England's bond intervention

Logan Paul’s NFT He Bought For $623K In 2021 Is Now Worth A Measly $10

Bank of England in fresh emergency move to calm markets

Wednesday, October 5, 2022

IMF says wage-price spirals are rare, but rate hikes needed to quell inflation expectations

Adjustable-rate mortgages are back — but it’s not like 2008

Office Real Estate ‘Apocalypse’ Could Cause Fiscal ‘Doom Loop’ for NYC

US starts fiscal year with record $31 trillion in debt

Biden didn't get us into this inflation mess; Jerome Powell did, Ro Khanna says

Musk's Twitter (TWTR) LBO Revives $12.5 Billion Headache for Wall Street Banks

U.S. Shale Producers To Stay On Sidelines If OPEC+ Slashes Output

Biden considers banning gas exports as EU scrambles to avoid gas squeeze: 'Disastrous for Europe!'

Premarket stocks: The bond market is starting to worry Wall Street

Monday, October 3, 2022

Exxon refinery lockout 'unlawful,' back pay sought by U.S. Labor Board

One Of The World’s Biggest Banks Is Collapsing?

A surprisingly hard part of retirement: Spending what you worked so hard to save

SEC charges Kim Kardashian for unlawfully touting crypto on Instagram

S&P Global says UK tax cut u-turn doesn't affect rating warning

Apple Music adds 100 millionth song to streaming service

Analysis: Chile's sliding peso reflects tough battle vs rampaging dollar

Euro zone's negative-yielding debt pile has almost disappeared

FTSE plunges as market sends Truss warning to 'deliver on promises' or face more chaos

Truss forced into U-turn on tax after week of market turmoil

Sunday, October 2, 2022

Covid cases double in a month to 200,000 a day and are set to soar to new record by November

EU news: Eurozone on precipice of financial meltdown as inflation surges

How UK Pension Funds' Liability-Driven Investment Strategy Triggered Gilts Panic

Liability Driven Investment (LDI) Definition

‘I’d never seen anything like it’: how market turmoil sparked a pension fund selloff

Focus on China’s long-term growth – not on yuan’s short-term fall, top Chinese economist says

Analysis: Under water: how the Bank of England threw markets a lifeline

Stellantis boss expects chip supply to remain 'complicated' until end 2023

The Federal Reserve is helping banks wake up to the risk climate change poses to their existence

Strong US dollar an unstoppable force endangering other currencies