Getting a reliable mid-term picture of the weather can affect a company’s bottom line. See how you can gain forecast confidence beyond the standard period of accuracy. With volatile oil
Asian shares were mixed on Wednesday as the world’s most powerful central banker had a change of heart on US rate cuts this year, pushing Treasury yields to new five-month highs and the dollar towering against other currencies. The beleaguered yen is plumbing fresh 34-year lows on an almost daily basis. It was last steady […]
Dollar & Yields Soar As Fed-Fears Trump WW3-Worries Mixed data overnight out of China (GDP beat, Retail sales & Industrial production miss) was matched by an equally divergent day of macro in the US with ugly housing data but strong industrial production, but once again the markets were ping-ponged by Fed fears (rate-cuts-off - Fed Vice-Chair Jefferson and Powell both sang from the same 'higher for longer' hymnsheet with the latter finally admitting that "recent [inflation] data...
The project is decades in the making. After receiving $1 million through Congressman Jimmy Panetta it has once again kick-started.
Yellen's comments come as Israel's wartime Cabinet is weighing how to respond to the attack in retaliation for an Israeli strike on an Iranian consulate in Syria.
The pace of economic growth in the first three months of the year was far more sluggish than anyone expected—and inflation was much higher.
A judge says a plan by federal agencies to rebuild the sardine population in the Pacific was not properly implemented and failed to prevent overfishing
(Bloomberg) -- Treasuries slumped and traders further trimmed their outlook for the pace of Federal Reserve interest-rate cuts, deterred by a US GDP report that highlighted sticky price pressures. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsHow to Get a Meeting With the UAE’s $1.5 Trillion ManZuckerberg...
Shares slumped 15% after Mark Zuckerberg said AI spending would have to grow before Meta could make much revenue from productsBusiness live – latest updatesShares in Meta slumped 15% when Wall Street opened on Thursday, wiping about $190bn off the value of the Facebook and Instagram parent company, as investors reacted to a pledge to ramp up spending on artificial intelligence.Mark Zuckerberg, Meta’s founder and chief executive, said on a conference call on Wednesday that spending on the...
Norway’s KLP and the UK’s LGIM among those who say they have concerns over energy giant’s carbon transition goalsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastWoodside Energy is facing the prospect of an overwhelming protest vote against its climate plans when shareholders meet on Wednesday, as global investors pick apart the emissions strategy of Australia’s biggest oil and gas company.Norway’s largest pension...
New generation asset management companies (AMCs) looking to carve out a niche among well entrenched traditional mutual funds are betting on two factors: retail and small towns. Armed with simple passive investment products and a strong digital distribution, players like Groww MF, Zerodha Fund House and Navi Mutual Fund are looking to build for the long term. Data sourced from AMFI (Association for Mutual Funds of India) shows that around 70 to 80% of the investors in the index funds of these...
BATON ROUGE — A Baton Rouge man was arrested Thursday by Baton Rouge Police and federal agents after a raid that yielded multiple guns, cash and narcotics.Donnie Aucoin, 56, was booked into the East Baton Rouge Parish Prison on two counts each of distribution of fentanyl and possession of a firearm with a controlled dangerous substance. Aucoin is also being charged with possession of heroin, cocaine, hydrocodone and a stolen gun.Baton Rouge Police and the Bureau of Alcohol, Tobacco,...