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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Stocks
Finance

Stocks Fall Off Recession Fears From Fed Tightening The Daily Financial Trends

September 22, 2022 Mariel Alumit

Stocks fell during volatile trading Wednesday, after the Federal Reserve delivered an unprecedented third consecutive 75 basis point rate hike in its continuing battle against inflation in the US economy. The fed funds rate now […]

Finance

Gold Down Overall After A Volatile Day The Daily Financial Trends

September 22, 2022 Mariel Alumit

As Russian President Vladimir Putin moved to call up reserve forces and escalate the conflict in Ukraine and US interest rates were hiked upward by the Fed, gold rose due to investors moving to safe-haven […]

Mark Zuckerbeg
Finance

Mark Zuckerberg Lost $71 Billion This Year The Daily Financial Trends

September 22, 2022 Mariel Alumit

According to a new report by Bloomberg, Mark Zuckerbeg has lost $71 billion so far this year. Bloomberg noted it was the biggest decline noted among the world’s wealthiest individuals that are tracked by the […]

EU
Finance

Food Prices, Especially Bread Soar Across The EU The Daily Financial Trends

September 22, 2022 Mariel Alumit

As the EU witnesses record inflation sweep through every sector, staple foods are among the hardest hit, with Bread prices reaching record highs. Year over year, the price of bread in the EU bloc has […]

Industry Insights

50 Reasons to Re-Think Climate Policy

September 22, 2022 Mariel Alumit

​ When the facts change, I change my mind. What do you do?  –  JM Keynes Barry Brill, Climate Policy is in crisis. This month, the G20 Climate Conference in Bali collapsed in confusion – […]

Electric bills
Natural Gas

Electric bills could increase 64% this winter in Massachusetts, National Grid warns

September 22, 2022 Mariel Alumit

WALTHAM, Mass. — Massachusetts electricity customers could be facing a steep increase in their winter bills, National Grid warned on Wednesday. Citing the high price of natural gas used in generating the power, the utility […]

Fed
Finance

Fed Hike Rates 75 Basis Points For A Third Time The Daily Financial Trends

September 22, 2022 Mariel Alumit

Following its latest policy meeting the Federal Reserve announced its third consecutive 75 basis point interest rate hike, as it continues to battle with a stubbornly persistent inflation. The third 75 basis point hike was […]

Belgium
Energy Crisis

Thousands Take To The Streets In Belgium Against Soaring Energy Prices

September 22, 2022 Mariel Alumit

Thousands of people protested against soaring electricity prices and costs of living in the Belgian capital Brussels on Wednesday, following a similar protest the day before in Slovakia, and earlier this month in the Czech […]

Freeport LNG
Exports

Freeport LNG Extends Force Majeure Until September

September 22, 2022 Mariel Alumit

Freeport LNG has declared a force majeure on LNG exports from its Gulf Coast location until September, Bloomberg sources said on Friday. The company had reported earlier in the week that its Gulf Coast facility […]

UN chief
Energy Crisis

UN chief warns of ‘colossal global dysfunction’ in opening General Assembly address

September 22, 2022 Mariel Alumit

The United Nations chief has set a grave tone for this year’s general assembly, warning of a “winter of global discontent” in a world beset by perils. The message was well-received by Prime Minister Jacinda […]

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