Three weeks ago Apple reportedly backed off its plans to increase iPhone production. As Bloomberg reported at the time, Apple is backing off plans to increase production of its new iPhones this year after an […]
Authored by Felicity Bradstock via OilPrice.com, General Electric (GE) plans to make major job cuts in its U.S. wind operations and will consider its other markets too as windfarms are proving to be a major […]
Ukrainian President Volodymyr Zelensky announced Tuesday that up to one-third of all power stations have been attacked by Russian missile and drone strikes over the past week, causing “massive blackouts across the country.” He called […]
Pre-midterm polls are rolling in as hot as inflation, and they’re bad news for Democrats. Yesterday, we noted that in the latest Harvard / Harris poll, Trump would win vs. Biden if the 2024 election […]
Authored by Mike Shedlock via MishTalk.com, Renting is at the highest level in half a century, with 43.7 million households renting. Population-adjusted numbers are another matter. But what does it mean? Table courtesy of […]
It has been a crushing week for UK Prime Minister Liz Truss, who just days after firing her Chancellor and uprooting her entire economic program (and according to some, burying not only the Queen but […]
Authored by Lance Roberts via RealInvestmentAdvice.com, Last week, the FOMC published its minutes from the September meeting, confirming its recent stance that Fed rate hikes will continue until inflation is vanquished. To wit: “Many participants […]
The startup union that sealed a labor victory at Amazon’s Staten Island warehouse earlier this year to unionize wasn’t successful at their second attempt at a warehouse near Albany, New York. AP News reported Albany […]
Allegations of increased Iranian military weaponry transferred to Moscow for use in Ukraine has brought the Islamic Republic under greater EU and US scrutiny, as both begin moving toward imposing fresh sanctions on Tehran as […]
With its formal restructuring announcement deadline less than 10 days away, Credit Suisse is reportedly working with a number of major banks on a potential capital increase. Bloomberg reports that, according to people familiar […]
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