Investors are piling back into US stocks, betting that the domestic equity market can withstand new economic headwinds better than other parts of the world. The US, by contrast, is less reliable on Russian oil, while counts of Covid-19 patients admitted to hospitals have fallen substantially. And many investors believe the US economy entered the […]
An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion. Aramco’s 2021 net income increased by 124% to $110 billion in 2021, […]
Rarely has there been such a pronounced divergence in opinion about the Federal Reserve’s strategy as there is now, after the central bank tightened its monetary policy and updated its stale economic projections from late last year. As expected, the Federal Open Market Committee raised its federal-funds rate target range this past week by one-quarter […]
As automakers around the world set bold targets for vehicle electrification, many in the industry are looking to nickel — an integral component of most lithium ion batteries — as a major hurdle. While there’s enough nickel in the ground to support a major EV ramp up, there are not enough planned mining projects or […]
Understanding Ag teaching farmers about regenerative grazing. Photo courtesy Understanding Ag. When Gabe Brown first got into regenerative agriculture more than 25 years ago, he wasn’t trying to solve climate change. “I was just trying to keep the banker at bay and feed my family,” Brown told CNBC. Brown grew up in Bismarck, ND, and […]
US stocks closed higher Friday, with all three major indexes notching their best weekly performance since November 2020, as investors took the Federal Reserve’s interest rate hike and uncertainty over the Russia-Ukraine war in stride. Volatility in markets has become the norm this month as investors struggle to forecast economic growth and corporate profitability amid […]
A driver uses a fast-charging station for electric in the cell phone lot at John F. Kennedy (JFK) airport on April 02, 2021 in New York City. Spencer Platt | Getty Images It has been true for years: Mile for mile, it’s cheaper — generally much cheaper — to recharge an electric vehicle than it […]
The foreclosure uptick indicates that the economic — and especially employment recovery — is not complete, an expert says. Getty Images In January there was a seven-fold increase in foreclosure starts as compared to December, with roughly 33,000 loans referred to foreclosure, according to a report from mortgage data and analytics company Black Knight. What’s […]
A driver uses a fast-charging station for electric in the cell phone lot at John F. Kennedy (JFK) airport on April 02, 2021 in New York City. Spencer Platt | Getty Images It has been true for years: Mile for mile, it’s cheaper — generally much cheaper — to recharge an electric vehicle than it […]
CNBC’s Jim Cramer on Friday broke down fresh technical analysis from veteran chartist Larry Williams, whose proprietary market indicators suggest that Google-parent Alphabet, Amazon and Coca-Cola are stocks to watch for. “Right now, the charts as interpreted by Larry Williams, suggest we’ve got incredibly bullish action in Google, very good bullish action in Amazon and […]
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