U.S. money market fund inflows have topped $280 million over the past two weeks, as many investors pull their bank deposits, according to a report. The Financial Times reported that more than $273 billion has flooded into money market funds this month, for the biggest month of inflows since the height of the pandemic in…
Inflows to Money Market Funds Top $280 Billion as Investors Pull Bank Deposits
March 28, 2023
admin
bank depositsBusiness & MarketsCompanieseconomyinflationInvestmentinvestorsMarketsmoney market fundsstocksUS
0 Comment
Most Stocks Tick Up, Including a Jump for Beaten-Down Banks
Stocks closed mostly higher on a steadying Wall Street as battered banks showed more strength, at least for now. Markets have been in turmoil following Silicon Valley Bank’s collapse, the second-largest U.S. bank failure in history, earlier this month, and then the third-largest failure, by New York-based Signature Bank. Investors have been hunting for which…
US, Japan Strike Trade Deal on Electric Vehicle Battery Minerals
March 27, 2023
admin
Asia & PacificBusiness & Marketseconomic policieseconomyEV batteriesInvestmentlithiumMarketsUSUS NewsWorld
0 Comment
The United States and Japan on Tuesday announced a trade deal on electric vehicle battery minerals that is key to strengthening their battery supply chains and granting Japanese automakers wider access to a new $7,500 U.S. EV tax credit. The swiftly negotiated agreement prohibits the two countries from enacting bilateral export restrictions on the minerals…
Economists Expect US Recession, Inflation Above Fed Target This Year
March 27, 2023
admin
Business & MarketsChinadebt ceilingeconomic policieseconomyinflationMarketsPolicies & ImpactsrecessionstocksUS
0 Comment
Economists predict that the United States will likely enter a recession by the end of this year, with high inflation extending well into 2024, according to a recent semiannual survey. The March 2023 National Association for Business Economics (NABE) Economic Policy Survey published the responses of 217 members of the organization in a March 27 report….
Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 27)
March 27, 2023
admin
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for May delivery rose $3.55 to $72.81 a barrel Monday. Brent crude for May delivery rose $3.13 to $78.12 a barrel. Wholesale gasoline for April delivery rose 9 cents to $2.68 a gallon. April heating oil rose 7 cents to $2.77 a gallon. April natural gas fell 13 cents to $2.09…
Crypto Platform Binance Sued by CFTC Over ‘Secret Plot’ to Evade US Laws
The Commodity Futures Trading Commission (CFTC) has sued crypto platform Binance and several top executives, alleging that they offered unregistered crypto futures and other derivatives for trading in the United States in violation of U.S. laws and devised a “secret plot” to help customers evade restrictions. Binance stands accused of running a cryptocurrency derivatives-trading operation…
Empty Shipping Containers Pile Up in Chinese Ports as China’s Exports Continue to Decline
March 27, 2023
admin
Asia & PacificBusiness & MarketsChinaChina Business & EconomyChina Human RightsChinese Regimecontainereconomyempty containerexportforeign tradeGlobal ExpansionInternational RelationsMarketsshippingSocial IssuesSpecial TopicsUS-China relationsWorld
0 Comment
Empty shipping containers used for export have been piling up in Shanghai, Ningbo, Guangdong, and other major Chinese ports since December, as China’s foreign trade continues to decline. The latest data from ContainerxChange, a global container trading platform, shows that in the sixth week of 2023 (February 5–11), the CAx (Container Availability Index) of Shanghai…
London Metals Exchange Hit by Another Nickel Scam
March 27, 2023
admin
Business & MarketsChinaChina Business & Economydemon nickelEuropeLondon Metal ExchangeLondon Metal Exchange (LME)MarketsWorld
0 Comment
News Analysis The London Metal Exchange (LME) on March 17 revealed that the bags of nickel stored in its licensed warehouse contained stones. The LME is supposedly the most trusted and secure minerals trading platform; however, it has had its share of trouble with nickel. The LME announced that nine nickel shipments found in one…
Diversifying Into Multiple Precious Metals
Most financial advisors understand that you should not over-invest in a single sector of the economy. Instead, you should divide your investments across asset classes to prevent a total wipeout of your portfolio due to a single economic event. Gold, silver, platinum, and palladium are four of the most traded precious metals. However, you can…
ANZ CEO: Banking Turmoil Has Potential to Trigger Financial Crisis
SYDNEY—Australia and New Zealand Banking Group’s CEO said on Monday the latest turmoil in the global banking system had the potential to trigger a financial crisis though it was early to predict it could bring one similar to that in 2008. Authorities around the world are on high alert for the fallout from the recent…
-
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