The oil company CEO was practically giddy, she was so excited about its record earnings. On a call with shareholders and analysts on March 31, Occidental Petroleum’s Vicki Hollub bragged that the century-old oil giant was […]
By Michael Msika, Bloomberg markets Live reporter and strategist Europe’s banking stocks are cheap and are supported by some of the strongest fundamentals since the global financial crisis, with elevated rates and solid capital buffers. […]
The year 2020 marked parity between the total GDP of the G7 (the U.S. plus allies) and the total GDP of the BRICS group (China plus allies). Since then, the BRICS economies grew faster than […]
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 […]
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 […]
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 […]
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 […]
Dow Jones futures rose modestly early Friday, along with S&P 500 futures and Nasdaq futures. Broadcom (AVGO) and Lululemon Athletica (LULU) headlined earnings late Thursday with the jobs report on tap before the open. Tesla […]
ChargePoint (CHPT) earned an upgrade Tuesday as a “best-in-class way” to play the EV charging space. CHPT stock eased Wednesday after rocketing the prior session, with ChargePoint earnings due late Thursday. “The reason for our […]
Global debt currently stands at $305 trillion, $45 trillion higher than before the COVID-19 pandemic, according to the Institute of International Finance (IIF) – a global association of the financial industry. Global debt is the […]
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