This mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. As of December 31, 2021, it operated twenty active mines and eight coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc. and changed its name to Alpha Metallurgical Resources, Inc. in February 2021. AMR […]
Read More(Bloomberg) — The U.S. bond market is hurtling toward the clearest sign yet that the Federal Reserve’s shift into a hawkish gear is making a difference — a real 10-year interest rate higher than 0%. While all Treasury yields have climbed this year as the Fed began what’s expected to be an aggressive series of […]
Read More(Bloomberg) — Rising food prices and turbulent global commodities markets are fueling a surge in wealth for the billionaire family behind America’s largest closely held company. Three more members of the Cargill family — siblings James Cargill, Austen Cargill and Marianne Liebmann — have joined the ranks of the world’s 500 richest people thanks to […]
Read More(Bloomberg) –Russia’s first external default in a century now looks all but inevitable after another brutal week for the country’s finances. First, the Treasury halted dollar debt payments from Russia’s accounts in U.S. banks, ramping up its restrictions on the country. Then, when an attempted hard-currency payment was blocked, Russia breached the terms on two […]
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