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HomeFinance

Finance

Debt
Energy Policy

Debt Ceiling Permitting Provisions Offer Good First Step to Meaningful Reform

June 7, 2023 Mariel Alumit

President Biden has signed the Fiscal Responsibility Act (FRA) into law which suspends the debt ceiling into 2024 and avoids a U.S. default. The bill contains several historic reforms to the National Environmental Policy Act […]

investors
ESG

UK investors back money market funds in May, ditch ESG funds

June 6, 2023 Mariel Alumit

LONDON (Reuters) – UK investors backed money market funds in May at the fastest rate since the country’s failed ‘mini-budget’ last year, opting for caution after a volatile period in global banking, funds network Calastone […]

ESG
ESG

US Treasuries Blacklisted by German State as ESG Law Takes Hold

June 6, 2023 Mariel Alumit

(Bloomberg) — For an illustration of how wildly different the debate around ESG is in Europe and the US, look no further than the German state of Baden-Württemberg. One of the richest regions in Europe’s […]

Price
Electric Vehicles

Dow Jones Futures Loom: Market Rally Shows Character Change; Tesla, Apple, Saudi Cut In Focus

June 4, 2023 Mariel Alumit

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Tesla, Apple and Palo Alto Networks are in focus, along with a Saudi Arabia crude output cut as well as […]

Bankruptcy

On The Importance Of Deflation And Depressions

June 4, 2023 Mariel Alumit

Authored by MN Gordon via EconomicPrism.com, Much of legislative activity is grossly overcomplicated. This is because honest governance is missing from the process.   The simple and honest way to put headspace between the debt […]

Bankruptcy

Biden signs debt ceiling bill, pulling US from brink of default – or will the trillions of “printed” money push U.S. over the brink?

June 4, 2023 Mariel Alumit

With just two days to spare, President Joe Biden has signed legislation that lifts the nation’s debt ceiling, averting an economically disastrous default on the federal government’s debt. The White House announced the signing on […]

Stock
Finance

Stock Market Rally Shows Character Change With Tesla, Apple In Focus; Here’s What To Do Now

June 4, 2023 Mariel Alumit

The stock market rally showed growing momentum this past week, with the major averages all making big moves. Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures.   Market […]

Finance

Could BRICS challenge US dominance in the global economy?

June 3, 2023 Mariel Alumit

Video Duration 28 minutes 00 seconds 28:00 Foreign ministers of the BRICS nations have been meeting in Cape Town with South Africa hosting fellow members Brazil, Russia, India and China. The group began somewhat informally […]

Is Bidens controversial Bitcoin mining tax dead or set to rise from the ashes
Crypto

Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?

June 3, 2023 Mariel Alumit

Bitcoin (BTC) miners in the United States  can breathe a sigh of relief after a proposed tax on crypto mining did not make it into a bill to raise the U.S. debt ceiling that appears set to pass. The Digital Assets […]

Eyeing a Shift to Renewables, Worley Sells Its Refinery ...
Downstream

Eyeing a Shift to Renewables, Worley Sells Its Refinery …

June 3, 2023 Mariel Alumit

Australia-based engineer-contractor Worley said May 30 it has completed the sale of its North American unit for refinery and petrochemical plant turnaround and maintenance services to Canada-based CAM Industrial Solutions—as it continues a push into […]

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