December 29, 2021
“The U.S. trade deficit in goods mushroomed to a record in November as imports surged and exports slipped. The goods trade deficit widened last month by 17.5% to $97.8 billion from $83.2 billion in October, the Commerce Department said on… Continue Reading…
December 28, 2021
“As great as Iran’s oil reserves are, its gas reserves are even greater, with official estimated proven natural gas reserves of 33.78 trillion cubic metres (Tcm), second only to Russia, 17 percent of the world’s total and more than one-third… Continue Reading…
December 21, 2021
“European gas prices jumped to an all-time high on Tuesday after natural gas on a key pipeline from Russia to Germany reversed flow eastward and freezing temperatures took hold in many parts of Europe. The benchmark price for Europe at… Continue Reading…
December 16, 2021
“U.S. stocks rose slightly in early trading Thursday trading the Federal Reserve signaled it would be aggressive on tapering and sees three interest rate hikes in 2022. The Dow Jones Industrial Average climbed 137 points. The S&P 500 was flat and within… Continue Reading…
December 14, 2021
“Wholesale prices increased at their quickest pace on record in November in the latest sign that the inflation pressures bedeviling the economy are still present, the Labor Department reported Tuesday. The producer price index for final demand increased 9.6% over the previous… Continue Reading…
December 13, 2021
“The Turkish currency dipped to an all-time low Monday amid another anticipated interest rate cut later this week and after the S&P credit rating agency downgraded its outlook for Turkey. The Turkish lira plummeted to 14.75 against the U.S. dollar, prompting Turkey’s… Continue Reading…
December 10, 2021
“EDITOR’S NOTE: If you are looking to spot trends in the stock market, following what “CEOs and corporate insiders” do is a good place to start. In 2021, these finance mavens are having a fire sale and taking as much… Continue Reading…
November 26, 2021
“The rising prices for fuel, grocery items and other goods are weighing on many shoppers’ minds. Consumer confidence hit a 10-year low in November, according to the University of Michigan Consumer Sentiment Index, as inflation climbed to the highest levels since… Continue Reading…
November 15, 2021
“…A record 4.4 million Americans quit their jobs in September as the sheer volume of available jobs is empowering workers to have their pick.Workers are quitting in search for better pay or better jobs, representing a fundamental shift in America’s labor market…. The… Continue Reading…
November 11, 2021
“(CNSNews.com) – The federal government, according to the Monthly Treasury Statement, collected a record $283,927,000,000 in total taxes in October, which was the first month of fiscal 2022. Federal spending hit $448,983,000,000 in October, which was the second highest ever for… Continue Reading…
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