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Economy

“Americans are down on the economy (again), with inflation topping election concerns”

“…Consumer sentiment, a gauge of Americans’ economic perceptions, is at a six-month low, according to a closely watched index by the University of Michigan. The measure notched its biggest drop since 2021, reflecting the persistent tug of inflation on household… Continue Reading…

Economy, Precious Metals

“Demand for lithium and other critical minerals is skyrocketing, IEA says, but concerns over supply linger”

“…In a new report published Tuesday, the Paris-based organization said the period between 2017 and 2022 saw a “tripling in overall demand for lithium, a 70% jump in demand for cobalt, and a 40% rise in demand for nickel.”… Investment in the… Continue Reading…

Stocks

“Stocks close lower, Dow drops nearly 500 points as supply chain concerns mount amid protests in China”

“Stocks closed lower Monday as social unrest from China’s prolonged Covid restrictions weighed on markets. The Dow Jones Industrial Average lost 497.57 points, or 1.45%, to end at 33,849.46. The S&P 500 dropped 1.54% to end at 3,963.94. The Nasdaq… Continue Reading…

Stocks

“Stocks slide on inflation concerns as oil prices rise further”

“…Strong U.S. and European corporate results could not stop a slide on Wall Street, where the Nasdaq entered a correction, as rising crude prices kept inflation concerns alive even as bond yields eased a bit after earlier touching fresh multiyear… Continue Reading…

Business, Economy

“Natural gas drops 7%, sharpest decline since January following big run-up on supply concerns”

“Natural gas futures dipped as much as 8% on Wednesday, pulling back from a more than seven-year high above $6 per million British thermal units hit during the prior session. The contract for November delivery fell to a low of… Continue Reading…