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Business, Stocks

“Oil prices end higher as traders weigh latest supply update, demand prospects”

April 8, 2021

“Oil prices ended higher on Wednesday, shaking off an earlier decline, as traders parsed U.S. government data showing a more-than-3-million-barrel decline in crude inventories, and a bigger-than-expected climb in gasoline inventories. Once traders “looked beneath the sticker shock” of a… Continue Reading…

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Business, Stocks

“Exxon Rival Could Be First Oil Major To Resume Stock Buybacks”

April 8, 2021

“BP (BP) announced Tuesday that it likely hit its debt-reduction target in the first quarter, helped by assets sales and rebounding oil prices. BP stock rose.it’s now been more than a year since the coronavirus pandemic hit if you can believe… Continue Reading…

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Precious Metals

“Ted Butler: A Silver Price Explosion Is Inevitable”

April 7, 2021

“Mr. Butler is extremely careful about what he writes.  His analysis is based on government data and he sticks closely to the facts. No one has ever successfully overturned his arguments or proved him wrong. He believes we are currently… Continue Reading…

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Economy, Personal Finance

“Bill payments jump 30% as Americans use $1,400 stimulus checks to cover household expenses”

April 7, 2021

“There was a 30% month-over-month increase in the number of payments made to pay household bills from March 17 to March 21, according to the latest research from bill pay service doxo. During that same weeklong time frame, the total amount paid… Continue Reading…

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Banking, Economy

“Positive Job Growth In March: High Treasury Yields Continue”

April 7, 2021

“U.S. Treasury yields were slightly higher on Friday morning, following a better-than-expected March jobs report. The yield on the benchmark 10-year Treasury note climbed to 1.688% at 8:32 a.m. ET. The yield on the 30-year Treasury bond rose to 2.341%. Yields move inversely to… Continue Reading…

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Economy

“The U.S. to lose 80,000 retail stores by 2026: UBS”

April 6, 2021

“A new report from UBS’s retail analysts suggests that 80,000 stores will close in the U.S. over the next few years. “We estimate that 80,000 stores will close by 2026 in our base case,” the report found. The worst-case scenario… Continue Reading…

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Cryptocurrencies

“Bitcoin ETF coming ‘in a year or two,’ analyst says as SEC mulls applications”

April 6, 2021

“The Securities and Exchange Commission formally acknowledged a bitcoin ETF proposal from VanEck just two weeks ago, starting the countdown on its 45-day approval timeline. But seeing a bitcoin ETF approved in the next 30 days isn’t that likely, according to Todd Rosenbluth, head… Continue Reading…

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Cryptocurrencies

“Cryptocurrency market value tops $2 trillion for the first time as ethereum hits record high”

April 6, 2021

“The value of the cryptocurrency market topped $2 trillion for the first time on Monday driven by a rally in ether, the second-largest digital coin… Bitcoin, the biggest digital currency, accounts for over 50% of the entire cryptocurrency market capitalization. Bitcoin… Continue Reading…

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Stocks

“GameStop to Offer Up to $1 Billion in Shares; Stock Declines”

April 5, 2021

“GameStop Corp. fell early on Monday after the company said it may sell up to $1 billion worth of additional shares in an at-the-market equity offering program. Shares of the video game retailer declined more than 15% to $160.96 as… Continue Reading…

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Stocks

“The AI Revolution Could Send These 2 Stocks Higher”

April 5, 2021

“Veritone, Inc. (VERI)… All in all, with a share price of $24.53 and a consensus average price target of $38.75, VERI shares offer investors a chance for 58% share growth this year. The analyst consensus rating, a Moderate Buy, is based… Continue Reading…

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