Whether you’re planning for retirement or want to maximize your portfolio’s performance, diversification is key to maximizing your investments. Precious metals such as gold and silver remain desirable for their corrosion resistance, rarity, and decorative value. But is investing in precious metals the right choice for you in a post-COVID world? This guide explains the most…
Wall Street to Open Lower on China’s Anti-Lockdown Protests; Apple Slips
…
Wall Street Opens Lower on China COVID-19 Protests; Apple Slips
November 28, 2022
admin
Business & MarketsCompanieseconomic policieseconomyinflationMarketsMedia & Big TechrecessionstocksUS
0 Comment
Wall Street’s main indexes opened lower on Monday as protests in major Chinese cities against strict COVID-19 policies reignited concerns about economic growth, while Apple slipped on a report of disruption in production at a factory in China. The Dow Jones Industrial Average fell 71.1 points, or 0.21 percent, at the open to 34,275.91. The…
Dollar Slips, While Yuan Slumps on COVID-19 Unrest in China
SINGAPORE/LONDON—The dollar weakened on Monday as investors weighed up the recent drop in U.S. government bond yields, while anti-regime protests in China sent the yuan to a two-week low. Protests have flared across China and spread to several cities in the wake of an apartment fire that killed 10 people in the city of Urumqi…
Oil Prices Erase 2022 Gains as China’s Protests Spark Demand Worries
November 28, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
Oil prices fell to near their lowest levels this year on Monday as street protests against strict COVID-19 curbs in China, the world’s biggest crude importer, stoked concern about the outlook for fuel demand. Brent crude dropped $2.66, or 3.1 percent, to trade at $80.97 a barrel at 1000 GMT, after diving more than 3…
China’s Anti-Lockdown Protests Shake Stocks and Oil
November 28, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
SYDNEY/LONDON—Stocks and commodities prices suffered a broad sell-off on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID-19 curbs hit growth expectations in the world’s second-largest economy. Clashes between police and protesters across several major cities over the weekend halted a tentative stocks rally that gathered pace last week as hope-starved…
Homeowners Should Brace for Property Price Drop: Data, Experts
Real estate prices have declined over the past several months, but there could be much more to come, data and some experts indicate. The median home price has dropped by about 7 percent since its peak in June. It is still up by about 6 percent since October last year and more than 35 percent…
American Consumers’ Sentiment on Economy Plunges, According to New Survey
American consumer sentiment fell this month, despite upwardly revised figures in a newly released survey. The consumer sentiment index for November had deteriorated less than expected, and was revised to 56.8 from initial projections of 54.7 percent, according to the University of Michigan on Nov. 24. The results were better than most economists’ expectations with the…
Ghana Plans to Buy Oil With Gold Instead of US Dollars
ACCRA—Ghana’s government is working on a new policy to buy oil products with gold rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said on Facebook on Thursday. The move is meant to tackle dwindling foreign currency reserves coupled with demand for dollars by oil importers, which is weakening the local cedi and increasing living costs….
US Black Friday Online Sales Hit Record $9 Billion Despite High Inflation: Adobe Analytics
U.S. shoppers spent a record $9.12 billion online this Black Friday, a report showed on Saturday, as consumers weathered the squeeze from high inflation and grabbed steep discounts on everything from smartphones to toys. Online spending rose 2.3 percent on Black Friday, Adobe Inc.’s data and insights arm Adobe Analytics said, thanks to consumers holding…
-
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