A $10 billion climate fund has been proposed and bluetooth devices are exposed, but first: a cartoon about a modern day Lion King. Here’s the news you need to know, in two minutes or less. Want to receive this two-minute roundup as an email every weekday? Sign up here! Today’s […]
Will Natural-Gas Rally Continue?
A recovery takes the price above $2, but selling could lurk above with March on the horizon After trading down to a low of $1.753 per MMBtu on the nearby March NYMEX futures contract on February 11, the price of the energy commodity made a comeback over the past week. […]
Crude Oil: Feb. 21 Preview
Best-case crude oil rebound scenario is not done yet. Crude Oil: Feb. 21 Preview Disclaimer: All opinions expressed in this blog are solely for information or educational purposes. The blog material does not constitute investment or trading advice. The blog material has no regard to the specific investment objectives, financial […]
Coronavirus may sideswipe Chile, Peru and Brazil economies, leave Mexico unscathed
Coronavirus may sideswipe Chile, Peru and Brazil economies, leave Mexico unscathed By Jamie McGeever BRASILIA (Reuters) – The coronavirus outbreak in China may be altering the 2020 investment outlook for Latin America, souring sentiment toward regional free market beacons Chile and Brazil, while turning heads – and cash – toward […]
Bezos’ Earth Fund Should Invest in These Green Technologies
On Monday, Amazon CEO and world’s richest human Jeff Bezos announced he was pledging nearly 8 percent of his net worth to fight climate change. This money, known as the Bezos Earth Fund, will be used to support “any effort that offers a real possibility to help preserve and protect […]
Jeff Bezos Can Control Earth’s Future With His $10 Billion Pledge
Philanthropy in itself, of course, isn’t a bad thing, and Bezos should be applauded for contributing to one of the most important causes in the world. Yet the power that billionaire philanthropists can wield–not to mention the income inequality surrounding it–has faced significant backlash, as noted in a recent WIRED […]
If Coronavirus Is Pressuring China’s Economy, Why Are Oil Prices Rising?
The price of Brent rose 10% over the past 7 days, to trade around $59 per barrel on Wednesday. The U.S. stock market made moves higher as well, although companies connected to China, such as Apple (NASDAQ:AAPL), saw their shares fall. If coronavirus is truly affecting China’s economy, as the […]
You Can’t Buy Friends, but Bloomberg Would Like to Rent Yours
Onstage during last night’s primary debate in Nevada, Mike Bloomberg found himself with no friends. But he’s got a plan to make some new ones in California. In advance of the state’s pivotal primary on March 3, the Mike Bloomberg presidential campaign is hiring more than 500 “deputy field organizers” […]
U.S. labor market remains strong; manufacturing likely stabilizing
(C) Reuters. A “Now Hiring” sign sits in the window of Insomnia Cookies in Cambridge By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help to support the economy amid risks from the coronavirus […]
Brexit makes integrating EU capital markets more urgent, Commision says
Economic Indicators5 hours ago (Feb 20, 2020 10:41AM ET) Brexit makes integrating EU capital markets more urgent, Commision says By Huw Jones LONDON (Reuters) – Britain’s departure from the European Union has created an unprecedented sense of urgency for “full and unwavering” political backing to integrate the EU’s capital market, […]