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Business, Economy

“New EPA limits on ‘forever chemicals’ in drinking water could cost $1.5 billion per year to implement”

April 16, 2024

“… …” https://www.cnbc.com/2024/04/10/forever-chemical-pfas-pfos-regulation-to-cost-1point5-billion-annually-.html This is one time the cost is worth it. The alternative is cancer causing chemicals. No thanks.

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Cryptocurrencies

“Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says”

April 16, 2024

“…Hayes added that U.S. tax payments, due on April 15, coupled with the Federal Reserve’s quantitative tightening (QT) policies, could remove dollar liquidity from the market, leading to broad-based risk aversion and a fire sale of crypto assets around halving. “Given that… Continue Reading…

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Energy

“Hot oil summer: Soaring prices threaten consumers and Biden”

April 15, 2024

“…The big picture: Average gas prices are up 24 cents per gallon over the last month to $3.63, per AAA, and summer driving demand typically puts more upward pressure on costs. Threat level: The Middle East crisis has already pushed up oil… Continue Reading…

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Business

“Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo”

April 15, 2024

“Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares were down around 3% on Monday morning… Tesla shares have taken a bruising in recent months, falling… Continue Reading…

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Business, Economy, Energy

“Volkswagen electric car sales plunge as Europe returns to petrol”

April 15, 2024

“Sales of Volkswagen electric cars have plunged by almost a quarter in Europe as demand for battery-powered vehicles stalls and buyers return to petrol… Globally, all-electric sales at the owner of Audi, Skoda and Porsche dropped by 3pc to 136,400, while… Continue Reading…

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Business

“Paris Olympics on track to hit NBC ad sales record…”

April 15, 2024

“…Comcast-owned NBCU said on Tuesday it has sold $1.2 billion in advertising for the Paris games and is on track to achieve a new sales record in Olympic history. The company paid $7.65 billion to renew its broadcast rights deal… Continue Reading…

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Stocks

“Rivian Stock Has 98% Upside, According to 1 Wall Street Analyst”

April 15, 2024

“…Inflation or no inflation, and rate cuts or no interest rate cuts … Rivian’s stock price will more than double, and hit $21 a share within a year, according to BofA analysts… …Rivian stock closed just shy of $11 a share Tuesday… Continue Reading…

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Uncategorized

Help Raxxmorz Grow: Click Here

April 12, 2024

Like what you read? Awesome. Help us provide more content by donating. These donations will allow us dedicate more time to the website. To donate click the link below. https://donate.stripe.com/dR6dQQeq30fjcta144 Follow me on Locals: Link below https://www.locals.com/feed/65121/raxxmorz-community Follow me on… Continue Reading…

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Energy

“Proposals for New US Power Plants Jump 90% on Surging Demand”

April 12, 2024

“As utilities race to keep ahead of rising electricity demand, developers have proposed a surge of new power plants across the US — and very few of them would run on fossil fuels. The generating capacity of proposed plants seeking… Continue Reading…

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Precious Metals

“Why Are Gold Bar Sales Surging at Costco?”

April 12, 2024

“Alongside its $1.50 hot dog and soda combo, gallon tubs of mayonnaise and value packs of socks, Costco, the warehouse retailer, has been selling gold bars since October. Now, retail analysts say Costco is selling up to $200 million worth… Continue Reading…

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