Miami has always been a world-renowned tourist destination with its pristine white-sand beaches, palm trees, warm tropical climate, and exciting nightlife. But now the second-largest populated city in Florida is also famous for being ranked the least affordable housing market in the United States—even surpassing New York City. RealtyHop’s Affordability Index Report analyzed the median…
Miami Ranks Least Affordable US City, Edging Out the Big Apple
LME Halts Trading After Nickel Prices See Record Run
The London Metals Exchange (LME) said it was forced to cancel all nickel trades on March 8, after the contract spiked as much as 111 percent to more than $100,000 per tonne, before trading was halted. The LME said the halt was due to the conflict Ukraine as well as the low-stock environment and high…
Fitch Warns of ‘Imminent’ Russian Debt Default, Kremlin Accuses US of Waging ‘Economic War’
Fitch Ratings has once again slashed its credit rating on Russia while warning that Moscow was likely to default on its sovereign debt payments in short order, while the Kremlin accused the United States of waging an “economic war” against Russia. Less than a week after Fitch downgraded its rating on Russia to junk status…
Study: US Generated 20 Percent Less Wind Power in 2021
The United States generated 20 percent less wind power in 2021, a new analysis from S&P Global Market Intelligence learned. According to the report, wind developers added 12.9 gigawatts of new capacity last year, down from the record 16 GW of wind capacity that was developed in 2020. Nearly one-third of new wind developments went…
Study: US Added 20 Percent Less Wind Power Capacity in 2021
The United States added about 20 percent less wind power capacity in 2021 than a year earlier, according to a new analysis from S&P Global Market Intelligence. According to the report, wind developers installed 12.9 gigawatts (GW) of new capacity last year, down from the record 16 GW of wind capacity that was developed in 2020….
Chart Wars: Between American and United Airlines, Which Stock Will Bounce Higher?
American Airlines Group, Inc and United Airlines Holdings, Inc plummeted 25 percent and 30 percent, respectively, between March 1 and March 7 amid geopolitical uncertainty and soaring gas prices, which will spill over to ticket prices. The stocks have mostly been trading in downtrends since March 2021, although American Airlines had one brief flight back…
Australian Savers Want More Responsible Investment Products
Industry research has found that Australians are increasingly concerned about whether their savings lead to good or harmful outcomes and are receiving higher gains for investing ethically and responsibly. A study (pdf) from the Responsible Investment Association Australasia (RIAA) published on March 9 showed that over four in five Australians (83 percent) expected financial institutions…
Happy Retirement Living Requires These 5 Traits
People often transition smoothly into retirement and enjoy their new lives right away. However, some people have a more difficult time settling into retirement than their peers. It’s even possible that some of us will delay or put off retirement entirely to overcome our fear of uncertainty. Regardless of how you feel about retirement, here…
Benchmark Sees Minimal Impact From Netflix’s Operations Suspension in Russia
Benchmark analyst Matthew Harrigan does not consider Netflix Inc.’s suspension of operations in Russia a significant blow to the streaming giant’s overall business. There is “a clear crisis fallout” that could affect Netflix’s stock valuation and international growth numbers, but its Russian subscriber base is paltry compared to other countries and regions. “The isolated financial effect is minimal,”…
Eurozone Investor Morale Plummets in March on Ukraine Crisis
FRANKFURT—Investor morale in the eurozone plunged in March in the wake of the Russian invasion of Ukraine and its implications for the global economy, a survey showed on Monday. Sentix’s index for the eurozone fell to -7.0 in March from 16.6 the previous month, hitting its lowest level since November 2020. A Reuters poll of…
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