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HomeThe Daily Financial Trends

The Daily Financial Trends

The Daily Financial Trends
Trends Make the Portfolio – David Greenberg
Crypto

BlackRock’s Larry Fink Says More Crypto Companies Will Go Down Due To FTX

December 4, 2022 Mariel Alumit

At the New York Times DealBook summit, BlackRock chief executive Larry Fink warned that more cryptocurrency companies may go down in the wake of the collapse of the FTX cryptocurrency exchange. Blackrock is one of […]

Electric Vehicles

GM Joint Venture To Invest $275 Million More In Tennessee Battery Plant

December 4, 2022 Mariel Alumit

General Motors and South Korean battery company LG Energy Solution announced their joint venture will invest an additional $275 million into its Tennessee Electric Vehicle (EV) battery cell manufacturing plant. Officials representing the joint venture […]

Electric Vehicle
Climate Crisis

Switzerland May Ban EVs Amid A Threat Of Blackout

December 4, 2022 Mariel Alumit

As Switzerland is confronted with the threat of possible blackouts this winter, the government is looking at becoming the first country to legally limit Electric Vehicle (EV) usage in order to lessen the strain on […]

Crude Oil News

EU Russian Oil Sanctions May Yield “Violent Price Spike”

December 4, 2022 Mariel Alumit

The global oil market runs the risk of suffering from massive price shocks next week as the European Union’s sanctions on Russia kick into effect, according to a new report in the Economist on Friday. […]

Finance

Apple Resumes Advertising On Twitter

December 4, 2022 Mariel Alumit

According to a report from The Platformer, Amazon Inc is preparing to restart its advertising on Twitter, after a small kerfuffle with the platform’s new owner, billionaire Tesla CEO Elon Musk. The fight began over […]

Finance

Florida Pulls $2 billion Of Investments From BlackRock Over ESG Policies The Daily Financial Trends

December 2, 2022 Mariel Alumit

On Thursday, the Chief Financial Officer of Florida, announced his department was puling $2 billion worth of assets out of management by BlackRock Inc. due to the fund’s promotion of Environmental, Social, and Corporate Governance […]

EU
Finance

EU Lowers The Price Cap On Russian Crude The Daily Financial Trends

December 2, 2022 Mariel Alumit

Bloomberg reported Wednesday that EU lawmakers are negotiating a lower price cap for seaborne oil exports from Russia, at roughly $60 per barrel, according to sources familiar with the negotiations. Since a week ago Europe […]

Inflation
Finance

France Continues To See Inflation Surge The Daily Financial Trends

December 2, 2022 Mariel Alumit

Record inflation continued to rack the French economy in November, beating economist expectations, according to new numbers reported on Wednesday by the National Institute of Statistics and Economic Research (Insee). Preliminary estimates indicated that consumer […]

FTX
Finance

FTX CEO Claims He Did Not Commit Fraud The Daily Financial Trends

December 2, 2022 Mariel Alumit

Sam Bankman-Fried, the former CEO of collapsed cryptocurrency exchange FTX, said on Wednesday that he never intended to commit fraud at his cryptocurrency exchange, ascribing the billions which are missing to him having a “bad […]

Unemployment
Finance

German Unemployment Rose In November The Daily Financial Trends

December 2, 2022 Mariel Alumit

Unemployment numbers in Germany rose by 17,000 in November over the previous month, hitting 2,450,000, according to data from the German Federal Labor Agency. The data showed unemployment rising 5.6%, compared to 5.5% in October. […]

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