The average price of a home by the sea has jumped by more than £22,000, with coastal property values boosted by the switch to home working during the pandemic, according to a report. Lending giant Halifax said the average value of a British seaside property rose to £287,087 last year, up 8 percent or £22,082…
Is the United States Headed Towards Stagflation?
Commentary “We now have the worst of both worlds—not just inflation on the one side or stagnation on the other, but both of them together. We have a sort of ‘stagflation’ situation. And history, in modern terms, is indeed being made.” – Iain Macleod (1965) Stagflation was a new phenomenon in 1965, but now it…
China’s New Home Prices Stall Again as COVID-19 Damps Sentiment
BEIJING—Growth in new home prices in China was flat again in March versus the previous month, official data showed on Friday, pointing to fragile demand as growing COVID-19 lockdown measures dampened consumer confidence. Average new home prices in 70 major cities were unchanged on a month-on-month basis for the second time in a row, according…
Wedbush Expresses Bullishness on Cybersecurity Sector; Names Top Picks; Boosts Price Targets
Wedbush analyst Daniel Ives believes the cyber security sector is poised to have a full year ahead with a solid Q1 earnings season despite jitters around Fed tapering and rates rising. Ives considers cyber security as a “safety blanket tech sector” in a Category 5 storm. While investors will worry about valuations on hyper-growth names in…
Samsung Overtook Intel as Top Chip Seller in 2021 Thanks to Automotive, Smartphones
The global semiconductor revenue reached $595 billion in 2021, up 26.3 percent year-on-year, Gartner reports. Samsung Electronics Co. Ltd.’s chip business grew 28 percent Y/Y, while Intel Corp. lost 0.3 percent Y/Y. Now, Samsung tops the list with $73.2 billion in revenue and a 12.3 percent market share, while Intel with $72.5 billion in revenue and a 12.2…
Why Russian Oligarchs Can’t Evade Sanctions Through Bitcoin
Blockchain data platform Chainalysis explored if Bitcoin can be used for mass Russian sanctions evasion in a recent blog. Here are their findings: Ticket Size Chainalysis relied on a 2017 study by the National Economic Bureau, which estimated that Russian oligarchs hold nearly $800 billion in offshore funds. The platform used the number for its analysis even though it did…
US Resumes Oil, Gas Drilling on Federal Lands, With Increased Oil Royalty Rate
The Biden administration on Friday said it has resumed plans to facilitate oil and gas drilling on federal lands, but that it would offer fewer acres of land than initially proposed for lease sales, and charge higher royalties to oil and gas companies. The Interior Department’s Bureau of Land Management (BLM) will make 144,000 acres…
US to Resume Oil, Gas Drilling on Federal Lands, With Increased Oil Royalty Rate
The Biden administration on April 15 said it will resume plans to facilitate oil and gas drilling on federal lands, but that it would offer fewer acres of land than initially proposed for lease sales, and charge higher royalties to oil and gas companies. The Interior Department’s Bureau of Land Management (BLM) will make 144,000…
Ericsson Shares Drop Post Q1 Results; Acknowledges DOJ Penalty, Russia Business Suspension
Telefonaktiebolaget L M Ericsson reported a first-quarter FY22 sales growth of 11 percent year-on-year to SEK 55.1 billion. Group organic sales grew by 3 percent Y/Y, driven by Networks in North America, Europe, and Latin America. Organic sales in Networks rose 4 percent Y/Y, and Digital Services sales down by 2 percent Y/Y. It reported an EPS…
Lessons For Elon Musk: 5 Notorious Failed Hostile Takeovers
As any student of industry knows, Elon Musk is hardly the first person to attempt a hostile takeover. But while the Tesla chieftain’s $54.20 per share bid for Twitter continues to resonate, let’s pause to consider earlier attempts at hostile takeovers by well-respected and well-financed entities and individuals that—to ransack some Musk-worthy clichés—took off like a rocket…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta