Proterra, an electric bus maker that has been lauded by President President Biden for its U.S. manufacturing operations, has become at least the third electric-vehicle business to file for bankruptcy in roughly the past year. […]
The Kenyan Ministry of the Interior last week suspended the controversial tech firm WorldCoin and any similar entities from operating in the country. Co-founded by OpenAI’s Sam Altman, WorldCoin offers free crypto tokens worth roughly […]
Authored by Ari Patinkin & John Berlau via RealClear Markets, The Biden administration and the Federal Reserve are taking steps toward the potential roll-out of a central bank digital currency (CBDC). In attempting to do […]
Via SchiffGold.com, Last week, Fitch Ratings downgraded the US’s long-term credit rating from AAA to AA+. While the downgrade won’t significantly impact the US government’s ability to borrow, it should serve as a wake-up call […]
Currie has been the face of commodities research at Goldman That includes predicting another decade-long price supercycle WATCH: Goldman Sachs’s Jeff Currie is leaving the bank after 27 years.Source: Bloomberg Jeff Currie, the prominent commodities […]
Aramco profit falls as lower prices, OPEC+ cuts hurt sales Performance dividend is on top of regular shareholder payout Saudi Aramco raised its payout to investors and Saudi Arabia’s government by more than half, in a […]
Authored by Dave DeCamp via AntiWar.com, The International Monetary Fund has said it expects the Russian economy to grow by 1.5% this year despite the US-led Western sanctions campaign against the country, which President Biden […]
Everyone likes nice-sounding policies. Not everyone wants to pay for them. We are beginning to see that this holds good for the UK’s strategy to reach net zero as much as for any other policy. […]
Authored by Nick Giambruno via InternationalMan.com, In the age of fiat currency, the distinct concepts of saving and investing have become conflated and confused. Saving is producing more than you consume and then setting […]
As inflation and economic uncertainty crush American households, only 46% of adults have emergency savings to cover a $400 expense in the third quarter. That is two percentage points lower than survey results from the […]
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