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HomeU.S Market

U.S Market

African
Geopolitical

Why are African countries, others pushing for ‘de-dollarisation’ — trade in currency other than the USD

June 19, 2023 Mariel Alumit

New Delhi: In an exclusive interview to ThePrint, the South African High Commissioner to India spoke out against the “domination” of the US Dollar (USD) in the world economy. He was not the first to question the USD […]

Finance

Hedge Fund CIO: Only Thing Worse Than Pausing Prematurely Is Having A Fed Chair Who Lacks Decisiveness And Determination

June 19, 2023 Mariel Alumit

By Eric Peters, CIO of One River Asset Management “Chair Powell, what’s the value in pausing and signaling future hikes versus just hiking now?” asked Nick Timiraos from the WSJ. “I mean, not to be […]

Investments

These Are The Most Affordable US Cities For Home-Buyers

June 18, 2023 Mariel Alumit

Just before the pandemic, the average home price in the U.S. was $313,000 – a figure that has since jumped by 40% to $436,800 today. As home prices and mortgage rates increase, home ownership is […]

ESG
ESG

What Are Anti-ESG Funds, and Should Sustainable Investors Be Worried?

June 15, 2023 Mariel Alumit

The political pushback against “woke capitalism” continues, extending from how brands engage with Pride Month to how they source their energy. In the financial sector, anti-woke campaigners have set their sights on the use of environmental, social and governance (ESG) […]

Joe Manchin
Climate Crisis

Joe Manchin vows to fight Biden’s war on appliances: ‘Not supporting any of the craziness’

June 14, 2023 Mariel Alumit

Sen. Joe Manchin, D-W.Va., is pushing back against the Biden administration’s regulations targeting popular home appliances including natural gas-powered furnaces and stoves. In an interview with Fox News Digital, Manchin criticized the Department of Energy (DOE) for its […]

JPMorgan
Finance

Beware this stock market rally because it’s reminiscent of what led up to the 2008 crisis, JPMorgan Asset Management CIO says

June 14, 2023 Mariel Alumit

The stock market’s ongoing rally is the calm before the storm, according to JPMorgan Asset Management’s CIO. Bob Michele told CNBC that current market conditions remind him of the March-to-June period of 2008. “We’re seeing things that […]

Crypto

Americans Don’t Want A Central Bank Digital Currency; New Poll Finds

June 12, 2023 Mariel Alumit

Authored by Adam Dick via The Ron Paul Institute, A poll from the Cato Institute indicates that, while about half of Americans do not have an opinion regarding whether the Federal Reserve should “begin offering […]

Executives
ESG

Executives are talking less about their environmental and social-justice goals — and more about AI

June 12, 2023 Mariel Alumit

With AI among the few things to truly captivate investors this year, more executives, from those at Nvidia Corp. to Walmart Inc. WMT to Stitch Fix Inc. SFIX , are talking up ways to harness the technology. One abbreviation they’re […]

Alternative Investments

Owner of Two of San Francisco’s Largest Hotels Pulling Out of City: ‘Path to Recovery Remains Clouded’ – Consumer energy prices to rise with lower revenue for power companies.

June 11, 2023 Mariel Alumit

ENB Pub Note: As revenue resources for energy companies dwindle, they have to spread the costs to other customers. California rate regulations allow all costs to be passed on to consumers for the energy transition […]

EnLink
Crude Oil News

EnLink Midstream LLC: A Top Player in Natural Gas and Crude Oil Transmission and Processing Services

June 9, 2023 Mariel Alumit

EnLink Midstream LLC is among the top players in the transmission, processing, and marketing of natural gas and crude oil. The company operates across five segments: Permian, Louisiana, Oklahoma, North Texas, and Corporate. EnLink Midstream […]

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