Cart

0

Economy

“36% of Americans plan to take on debt for summer travel. Here’s why that worries financial experts”

“… …” https://www.cnbc.com/2024/06/29/some-american-plan-to-take-on-debt-for-summer-travel.html This is a bad idea. Now is the time to reduce debt not stack it.

Business

“Alibaba’s 80% Loss May Extend on Competition Worries”

“Investors looking for an end to the freefall in shares of Chinese e-commerce company Alibaba Group Holding Ltd. may be in for a long wait, if options traders are correct. The stock’s 75% tumble from a 2020 record high has… Continue Reading…

Economy, Energy

“…Venezuela threatens to invade oil-rich Guyana, US worries about how far Maduro will go”

“Venezuela’s threats to annex a majority of Guyana may be an effort by its leader to consolidate power at home ahead of a potential presidential election next year instead of a real intention to invade its neighbor, U.S. officials say. But Washington… Continue Reading…

Economy

“German recession worries deepen as confidence slumps – latest updates”

“Germany risks staying mired in recession this year after a closely-watched barometer of business activity slumped in June. The decline, led by a “substantial” decline in manufacturing, saw the closely-watched Ifo business climate index slump to 88.5 in June following May’s reading… Continue Reading…

Energy

“Siemens Energy shares plunge more than 37% as wind turbine worries deepen”

“Siemens Energy shares plunged over 37% on Friday after the company scrapped its profit forecast and warned that costly problems at its wind turbine unit could last for years… Siemens Energy estimates that component failures may be occurring in between… Continue Reading…

Economy

“Economy added 431,000 jobs in March despite worries over slowing growth”

“…Nonfarm payrolls expanded by 431,000 for the month, while the unemployment rate was 3.6%, the Bureau of Labor Statistics reported Friday. Economists surveyed by Dow Jones had been looking for 490,000 on payrolls and 3.7% for the jobless level… The… 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…

Business

“Enphase Energy jumps 20% following record quarterly revenue, but supply chain woes remain”

“Shares of Enphase Energy surged 23% at the opening bell on Wednesday after the company reported record revenue during the third quarter, despite ongoing headwinds from supply chain bottlenecks. The company, which makes microinverters and backup energy storage for solar systems, posted… Continue Reading…

Business, Economy, Investing, Stocks

“Global Markets Drop Over Worries About U.S. and European Economies”

“Global markets largely took a tumble on Monday, with worries about a possible U.S. recession. Japan’s Nikkei 225 index was was down 3%. The Shanghai composite was off almost 2%, as was Hong Kong’s Hang Seng, with the Shenzhen composite… Continue Reading…