Late last week, when looking at the most recent Senior Loan Officer Opinion Survey held by the Fed, we noted that the surge in revolving credit has not gone unnoticed by lenders: the on bank […]
By Dan Berthiaume of Chain Store Age Like a post-holiday hangover that just won’t go away, many retailers are struggling with unsold products even after holding New Year sales. According to a new survey of […]
Centerra Gold (TSX: CG) (NYSE: CGAU) says its Öksüt mine located in central Türkiye is continuing to operate normally after two powerful earthquakes occurred approximately 180 km (112 miles) from the mine site Monday morning. […]
During the Covid-19 pandemic, consumers saved an unprecedented amount of cash thanks to government stimulus and draconian lockdowns. As we’ve been detailing over the past year and a half, those savings could soon be exhausted. […]
The SNP and Greens are being held responsible for a damning incident that led to fossil fuels being used to run a number of wind turbines in Scotland. Despite the environmentally friendly credentials of turbines being lorded by ministers, ScottishPower has […]
The current Brent oil price is just about the level at which Saudi Arabia breaks even from a fiscal perspective and it is way lower than Russia’s fiscal breakeven oil price. It is certain that […]
Bankrupt crypto exchange FTX is sending notices to former donor recipients asking for the donated funds to be returned, the company said in a press release Sunday. Why it matters: Former FTX CEO Sam Bankman-Fried and FTX Digital Markets Co-CEO […]
Update (Tuesday): Yesterday we reported a Boeing 737 jet converted for firefighting crashed in southern Western Australia while fighting wildfires. But there were no images of the crash. Surfacing on Twitter earlier Tuesday is footage […]
Desperate and cold from the snow lying thick on the ground, relatives of earthquake victims in the Turkish city of Malatya expressed their frustration on Tuesday at what they said was the lack of help […]
Hawkish… but not hawkish enough… That’s the initial message the market heard from Fed Chair Powell. He confirmed his message from the post-FOMC presser message that disinflation has barely begun and there’s still a long […]
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