(Bloomberg) — U.S. consumer spending, adjusted for inflation, stagnated in November as the fastest price gains in nearly four decades eroded purchasing power. Purchases of goods and services, after adjusting for higher prices, were little changed following a 0.7% gain in October, Commerce Department figures showed Thursday. Unadjusted for inflation, so-called nominal spending rose 0.6%, […]
Read More(Bloomberg) — U.S. economic growth looks set to fuel inflation that’s even faster than most analysts anticipate in the first part of 2022, according to a trader who correctly picked this year’s jump in bond-market expectations for consumer-price gains. Semin Soher Power, who heads Bank of Ireland Group Plc’s inflation-trading desk in Dublin, is forecasting […]
Read MoreWondering how to retire early? Lots of people would like an early escape from the rat race, whether it is to travel, pursue a passion project, start a business, volunteer, or just stop working. However, retirement planning is tricky enough when you plan to work until your full retirement age. It is even more so […]
Read MoreWhen 2021 comes to its finale, it will be remembered as a solid year for stocks that represented more of a bull than a bear market. The benchmark S&P 500 had more than doubled (+24%) its average annual total return of 11% over the 40 years. But for cryptocurrencies, things were more than solid – […]
Read MoreFor investors, the holiday season generally marks a time when consumer activity should be healthy and demand for consumer goods will be high. That’s a big reason that the latter part of the year, as the colder months set in across the country that retail stocks often start to see healthy increases in prices. That […]
Read MoreWhile oil markets are concerned about the immediate hit to demand from the Omicron COVID surge and a looming oversupply, officials at oil-producing countries and industry executives have been warning for months of a supply shortage in coming years unless investment in new projects rises materially. Last year and this year, investment in new oil […]
Read MoreAxcelis Technologies, Inc. (ACLS) Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia. The company offers high energy, high current, and medium current implanters for various application requirements. MKS Instruments, Inc. (MKSI) MKS Instruments, Inc. provides instruments, […]
Read MorePfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. It offers medicines and vaccines in various therapeutic areas, including cardiovascular metabolic and pain. PFE $58.7100 -0.8400 % -1.4100 Pfizer Inc Sector : Medical Industry : Large Cap Pharma Signal Short Term Trend Long Term Trend BUY UP UP Day: -1.41% Wk: -4.15% […]
Read More(Bloomberg) — Tesla Inc. has agreed to take the majority of battery-ready graphite from a production facility planned in Louisiana, as it races to secure supplies of the key material in a market dominated by China. Melbourne-based Syrah Resources Ltd. will supply Elon Musk’s company with graphite anode material for an initial four years, with […]
Read MoreGrindrod Shipping Holdings Ltd. (GRIN) Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 23 owned dry bulk carriers and 8 long-term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, […]
Read MoreBuy Price: $21.00 or better Sell Price: TradersPro Sell Signal Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment sells Ford and Lincoln vehicles, service parts, and […]
Read MoreThe New York Stock Exchange lit up in Christmas colors. Bryan R. Smith / AFP via Getty Images Is it Santa or merely rational exuberance? With the possibility of a record spike in Covid-19 looming, the S&P 500 index nevertheless headed into the Christmas weekend with a record of its own. And even stocks that […]
Read MoreThe European gas crisis has hogged energy headlines for months. But that hasn’t stopped Germany from retiring half of its nuclear capacity by the end of the year and pushing an accelerated phase-out of its coal-fired plants by 2030. And for Germany’s energy security, it could spell disaster. The commitments to greenifying Germany’s grid are […]
Read More(Bloomberg) — Europe is getting a taste of how bad this winter’s energy crisis could get as Kosovo starts cutting electricity supplies to most of its 2 million people. The Balkan country, one of Europe’s poorest nations, will introduce rolling two-hour blackouts for most consumers from Thursday, electricity distributor KEDS said in statement. The challenges […]
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