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HomeFinance

Finance

Earnings

These Are The Most Profitable US Companies, By Sector

July 10, 2023 Mariel Alumit

U.S. corporate profits hit record levels in 2022, even as stocks fell into a bear market and inflation reached 40-year highs. Given these headwinds, investors are watching corporate fundamentals very closely. Corporate profit margins provide […]

Crash
Finance

Hudson On The United States’ Financial Quandary: ZIRP’s Only Exit Path Is A Crash

July 9, 2023 Mariel Alumit

Authored by Michael Hudson via NakedCapitalism.com Originally published in the Investigaci?n Econ?mica (Economic Research), produced by UNAM (Autonomous National University of Mexico) Abstract Interest-bearing debt grows exponentially, in an upsweep. The non-financial economy of production […]

Climate Crisis

David Blackmon: A Backlash Against Net-Zero Policies Is Finally Beginning To Take Shape

July 8, 2023 Mariel Alumit

The past week has been a very interesting one, to say the least, as the media has suddenly filled with story after story documenting a rising backlash against net-zero policies in the Western world. From […]

BlackRock Is Leading A 120 Trillion Investment Boom That Is Upending Wall St -EnergyNewsBeat
ESG

It’s not just Larry Fink. C-suite ESG mentions drop as political heat rises.

July 8, 2023 Mariel Alumit

BlackRock’s Larry Fink isn’t the only CEO no longer using the now-controversial acronym ESG. ESG — which stands for a focus on environmental, social, and corporate governance principles — was mentioned by just 74 S&P 500 […]

Gold
Finance

Gold-Backed BRICS+ Currency: A Death Knell for the Dollar’s Global Rule? – Update with Peter St Onge

July 7, 2023 Mariel Alumit

  ENB Pub Note: One of the best explanations of the gold-backed BICS+ currency is from Peter St Onge, PH.D. updated below is his Twitter video just released Russia hints at gold-backing the Brics pic.twitter.com/dQMYMzRoHC […]

Crypto

The Supreme Court Could Stop The SEC’s War On Crypto

July 7, 2023 Mariel Alumit

Authored by J.W. Verret via CoinTelegraph.com, Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett are among a group on the Supreme Court who may not smile upon the SEC’s interpretation of the law…   When […]

Tesla
Electric Vehicles

Tesla Signs EV Truce With Chinese Rivals To Prevent Further Price War

July 6, 2023 Mariel Alumit

One month after Elon Musk met with top Chinese officials, praised the country’s technology development, and visited Tesla’s Shanghai factory, the world’s richest man signed a truce with Chinese automakers to end the yearslong brutal […]

Duke
Electrical Generation / Utilities

Duke Energy to sell distributed generation portfolio in $364 million deal

July 6, 2023 Mariel Alumit

(Reuters) – Utility firm Duke Energy said on Wednesday it would sell its commercial distributed generation business to private equity firm ArcLight Capital Partners in a $364 million deal. The business includes operating assets of […]

China
Finance

China is in default on a trillion dollars in debt to US bondholders. Will the US force repayment?

July 6, 2023 Mariel Alumit

Every country should pay its sovereign debt. Default, we are told, is not an option. But has anyone told China? The United States pays interest on approximately $850 billion in debt held by the People’s […]

BlackRock
Crypto

BlackRock CEO Larry Fink Says Bitcoin Could ‘Revolutionize Finance’

July 5, 2023 Mariel Alumit

BlackRock (BLK) CEO Larry Fink said crypto, specifically bitcoin (BTC), could revolutionize the financial system in an interview with Fox Business on Wednesday. “We do believe that if we can create more tokenization of assets […]

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