Starwood Capital Group’s Barry Sternlicht recently told Bloomberg’s David Rubenstein about the ongoing crisis in the commercial real estate sector, equating it to a severe “Category 5 hurricane“. He cautioned, “It’s sort of a blackout […]
Most consumers rely on auto loans to finance new vehicle purchases. Tesla Inc. has offered an 84-month auto loan after Elon Musk said ‘something needs to be done’ about the auto affordability crisis, according to […]
Chevron Corp. reported second-quarter earnings of $6.01 billion, beating analyst estimates. The figures, while down 48% from the same period last year, topped the second-quarter profit of $5.5 billion expected by analysts in a Bloomberg survey. […]
Authored by Alasdair Macleod via GoldMoney.com, Last week in my Goldmoney Insight, I analysed the rationale for a new gold backed trade settlement currency on the agenda of the BRICS summit in Johannesburg on 22–24 […]
ESG scoring and mandates remain a subject we have contested since it sprang to life in 2020. The push of “woke activism” on, and by companies, to meet nebulous or artificial standards has led to various bad […]
Saudi Aramco said on Friday it had completed the purchase of a 10% stake in a Chinese petrochemical firm for the equivalent of $3.4 billion as the Saudi oil giant continues to expand its downstream footprint in […]
By Maartje Wijffelaars, Senior economist at Rabobank Over the past few days, Russia has made it all the more clear that its only concern is winning the war, whatever the collateral damage. Not only has […]
Authored by Daisy Luther via The Organic Prepper blog, Yesterday, with a bit of fanfare but not TOO much fanfare, a “wonderful” new product was launched. FedNow is live, and we can all transfer money […]
EconomyInflation Japan’s consumer prices rose at a faster pace in June, staying above the central bank’s target for the 15th consecutive month. Japan’s core consumer inflation hit 3.3 percent year-on-year last month, compared with price […]
New York City’s high-income earners face a soaring cost of living crisis and some of the highest tax rates in the country. Compounding their financial struggles is an out-of-control crime wave, as Democratic leadership in […]
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