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Economy

“Jobless claims rise again in another sign that labor market is cooling”

“Initial jobless claims hit their highest level since mid-November last week, the latest sign that a historically tight labor market is beginning to slow, according to Labor Department data released Thursday. Claims totaled 251,000 for the week ended July 16, up 7,000… Continue Reading…

Investing

“Coal investments set to rise 10% this year as nations fret over energy security”

“Global energy investment is on course to jump by more than 8% in 2022 and hit $2.4 trillion, with a notable uptick for coal supply chains.. According to the IEA’s report, 2021 saw roughly $105 billion invested what it called the… Continue Reading…

Economy, Energy

“Global Inflation Skyrockets And Gas Prices Rise To Highest In History”

“EDITOR’S NOTE: In the 1970s, the average cost of gas was around 39 cents per gallon. At the time, the price was painful. It was a period of high inflation, similar to what we’re experiencing today. Yet if we were to… Continue Reading…

Precious Metals

“Global Silver Demand Expected To Rise To A Record Amount In 2022”

“EDITOR’S NOTE: Good news for silver bulls. The Silver Institute is expecting fabrication, jewelry, and silverware usage to rise significantly in 2022. The industrial component represents a significant expansion in consumption as EV production gets underway. If EV and other green… Continue Reading…

Economy

“Retail sales surge 3.8% in January, much more than expected amid inflation rise”

“…Retail sales for the month rose 3.8%, much better than the 2.1% Dow Jones estimate. The numbers are not adjusted for inflation; the 0.6% rise in the consumer price index for the month helped push a reversal from the 2.5% sales… Continue Reading…

Economy

“Oil on track for a more than 15% monthly rise as Ukraine worries persist”

“Oil futures traded mostly higher on Monday, on track to cap a sharp January rally that has lifted the U.S. benchmark by around 15% as traders continue to follow the threat of a Russian invasion of Ukraine…” https://www.marketwatch.com/story/oil-on-track-for-15-monthly-rise-as-ukraine-worries-persist-11643635978?siteid=yhoof2 I only… 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

“Chip sales are set to grow nearly 10% in 2022 as risks rise, predicts new report”

“…Semiconductor sales are expected to grow by another 9% and cross $600 billion for the first time in 2022, the analysts predicted. That’s on top of the 26% growth to $553 billion in 2021, they added. A months-long semiconductor shortage… Continue Reading…

Stocks

“Stock market news… Stocks rise to kick off new year of trading”

“…U.S. equities posted another year of solid gains in 2021, rising by 27% and delivering a rare third consecutive double-digit annual percentage increase. Within the S&P 500, the energy and real estate sectors outperformed, gaining more than 42% each during… Continue Reading…

Stocks

FARMMI Stock is rallying. I hope you listened.

Remember this? ATTENTION PENNY STOCK WATCHERS: FARMMI ON THE MOVE. Well the stock just jumped. From the time I posted it was 24 cent. Now it peaked at 27 cents so far. I’m not trying to brag here but I’m… Continue Reading…