If you’re interested in investing in precious metals, you’ve likely noticed that silver is cheaper than many other options like gold, platinum, and palladium. Precious metals investors have coined the term “poor man’s gold” for the white metal because of its low average cost compared to high gold prices. So, why is silver so cheap?…
S&P 500 Opens Flat as Investors Focus on Earnings, Fed Cues
The benchmark S&P 500 index opened flat on Monday as investors awaited more bank earnings and views from Federal Reserve policymakers that could shape expectations around when the central bank would pause its monetary policy tightening. The Dow Jones Industrial Average rose 43.99 points, or 0.13 percent, at the open to 33,930.46. The S&P 500…
Dollar Hits 1-month High Against Yen as Traders Bet on Fed Rate Hike
LONDON—The dollar climbed to a one-month high against Japan’s yen on Monday as traders eyed up another interest rate hike from the Federal Reserve, while the Bank of Japan stuck to its easy-money policies for now. The dollar rose to 134.22 yen earlier in the session, the highest level since March 15. It was last…
Oil Steady as Market Awaits Chinese GDP Data
April 17, 2023
admin
Business & MarketsChinaChina Business & Economyeconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices were steady on Monday as investors eyed Chinese economic data for signs of demand recovery in the world’s second-largest oil consumer. Brent crude futures were down 13 cents to $86.18 a barrel at 1018 GMT, while U.S. West Texas Intermediate crude was at $82.33 a barrel, down 19 cents. Both contracts notched their…
Global Shares Rise Despite Economic Growth, Rate Worries
April 17, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
TOKYO—Global markets rose moderately Monday, although worries continued about economic growth and inflationary pressures. France’s CAC 40 rose less than 0.1 percent in early trading to 7,522.58. Germany’s DAX gained 0.2 percent to 15,830.74. Britain’s FTSE 100 added 0.5 percent to 7,911.91. U.S. shares were set to drift higher with Dow futures up less than…
JPMorgan Posts Record Revenue and 52 Percent Profit Jump
April 17, 2023
admin
Business & MarketsCompanieseconomyinflationInvestmentJPMorgan ChaseMarketsquarterly earningsstocksUS
0 Comment
JPMorgan Chase posted record profits and an overall boost in revenue in the first quarter, in the face of recent turmoil in the banking sector last month. The better than expected April 14 earnings report beat most analysts’ estimates for the quarter, as depositors placed their money into the larger banks in the wake of the industry’s…
Saudi Prince Gives 4 Percent Aramco Stake to Public Investment Firm
April 16, 2023
admin
AramcoBusiness & MarketsCompanieseconomyenergyGold and CommoditiesInvestmentMarketsMiddle EastSaudiWorld
0 Comment
DUBAI, United Arab Emirates—Saudi Arabia’s crown prince announced Sunday the transfer of a 4 percent stake of the oil giant Saudi Aramco to a subsidiary of the kingdom’s sovereign wealth fund, further boosting its coffers as the kingdom tries to expand its economy beyond oil. Crown Prince Mohammed bin Salman’s decision, announced by the state-run…
Brazil’s Lula, China’s Xi Solidify Anti-West Bloc Aimed at Displacing US
April 16, 2023
admin
AmericasBRICsBusiness & MarketsChinaChina Business & EconomyChinese Regimeeconomic policieseconomyGlobal ExpansionLulaMarketsPoliticssocial controlSpecial TopicsUSUS NewsWorld
0 Comment
Amidst the buzz surrounding Brazilian President Luiz Inácio Lula da Silva’s China visit that began on April 12, the leaders of both countries have signed more than 20 new bilateral agreements. On the surface, the trip was a run-of-the-mill diplomatic visit. However, some say it underscores an ongoing deprioritization of relations with the United States. China…
Boeing Halts Some MAX Deliveries, Airlines Fret Over Impact
Boeing Co. has halted deliveries of some 737 MAX jets due to quality-related problems in certain components made by one of its main suppliers. Boeing is under tough regulatory scrutiny following the deadly crashes of its MAX planes in 2018 and 2019 and the pause in deliveries may delay plans for production ramp-up as it…
Yellen Says US Banks May Tighten Lending and Negate Need for More Rate Hikes
WASHINGTON—Treasury Secretary Janet Yellen said banks are likely to become more cautious and may tighten lending further in the wake of recent bank failures, possibly negating the need for further Federal Reserve interest rate hikes. Yellen said in a “Fareed Zakaria GPS” interview that policy actions to stem the systemic threat caused by last month’s…
-
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