On Wednesday, the Australian Bureau of Statistics (ABS) released data showing that Australian inflation came in at the highest rate since 1990, as prices jumped 7.3% year over year. That was nearly three times the […]
Canadian Natural Resources Minister Jonathan Wilkinson announced on Tuesday that Canada Infrastructure Bank (CIB) and a major generating company have joined together in a $970 million deal to fund the construction of Canada’s first nuclear […]
As the Japanese economy continues to be battered by inflation and a weakening yen, the government has announced an economic package worth 39 trillion yen (almost $270 billion) in an attempt to prop it up. […]
The EU has agreed to force carmakers to produce a 100% reduction in carbon dioxide emissions by the year 2035. The measure would mean a complete elimination of production and sales of all internal combustion […]
A new Bloomberg survey of economists predicts the Federal Reserve will continue its hawkish policy at its next meeting November 1-2, and that this will lead to interest rates reaching 5% by next March, plunging […]
The US Treasury yield spread on the three-month Treasury bill and the ten-year note began going negative this week, signally a near term risk of recession, according to a report in the Wall Street Journal. […]
Elon Musk appeared to have begun firing Twitter employees, as sources said a number of people who appeared to have worked for the social media giant could be seen exiting the San Francisco offices with […]
US officials have decided to wait until after the November 8th elections in the United States to set the proposed price cap on Russian oil, according to a new report on the matter in the […]
Amazon shares plunged over 20% in after-hours trading Thursday following a report that missed on sales and revenues for its Amazon Web Services (AWS) cloud business as well as offered lower than expected fourth quarter […]
Apple’s third quarter earnings came in with record revenue, however the company missed on key categories, including iPhone, and services. Revenue came in at $90.15 billion, compared with the expectation of $88.64 billion. Earnings per […]
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