Latest Posts

  • Greece says it’s open to talks with Turkey once provocations end By Reuters0

    © Reuters. FILE PHOTO – Greek Foreign Minister Nikos Dendias arrives for a two day NATO foreign ministers meeting in Berlin, Germany May 14, 2022. REUTERS/Michele Tantussi ATHENS (Reuters) – Greece wants to have a constructive dialogue with Turkey based on international law but its Aegean neighbour must halt its unprecedented escalation of provocations, the

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  • Top Wall Street analysts see Alphabet as a buying opportunity0

    The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters With an ugly September in the rear-view mirror, it’s tempting for investors to make impulsive decisions. The three major indexes ended the month with sizeable losses, rocked by spiking bond yields and a Federal Reserve

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Business

Finance

  • The major county in America where home prices just dropped the most is …0

    Buyers may be starting to see home price drops in some areas. (Getty Images) Home buyers have watched as home prices marched upwards for the past few years, but now many of you will finally get some relief — at least in some spots. “Home price appreciation has slowed dramatically in most markets, and there

  • China’s $5 Trillion Rout Creates Historic Gap With Indian Stocks0

    (Bloomberg) — The relentless plunge in China’s stocks has burnished the appeal of their biggest emerging-market rival India, spurring a divergence that’s rarely been seen before. Most Read from Bloomberg The MSCI India Index rallied almost 10% in the just-ended quarter, compared with a 23% slump for the MSCI China Index. The 33-percentage point outperformance

  • Intel-owned autonomous driving tech company Mobileye files for an IPO0

    Mobileye, the self-driving tech firm that Intel had purchased for $15.3 billion back in 2017, has filed for an IPO with the Securities and Exchange Commission. When Intel first announced its plans to take Mobileye public late last year, the autonomous driving firm was expected to have a valuation of over $50 billion. Now according

  • World Economy Roiled by Simultaneous Shocks Echoing 2007 Anxiety0

    (Bloomberg) — The world economy is showing signs of a rapid downshift as it contends with a series of shocks — some of them self-inflicted by policymakers — increasing the likelihood of another global recession and the danger of major financial disruptions. “We’re living through a period of elevated risk,” former US Treasury Secretary Lawrence

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Stock

  • Increase to 13.3 million SAAR0

    by Calculated Risk on 6/23/2022 10:11:00 AM From WardsAuto: June U.S. Light-Vehicle Sales to Improve on May; Stay Softer than January-April (pay content).  Brief excerpt: “If the June forecast holds firm, volume will rise in Q2 from Q1, but the quarter will end at a 13.5-million-unit annualized rate, a drop from January-March’s 14.1 million …”

  • COVID Update Jan 7, 20220

    by Calculated Risk on 1/07/2022 09:40:00 PM On COVID (focus on hospitalizations and deaths): COVID Metrics   Today WeekAgo Goal Percent fully Vaccinated 62.4% — ≥70.0%1 Fully Vaccinated (millions) 207.2 — ≥2321 New Cases per Day3🚩 614,552 360,566 ≤5,0002 Hospitalized3🚩 99,690 70,676 ≤3,0002 Deaths per Day3🚩 1,350 1,136 ≤502 1 Minimum to achieve “herd immunity” (estimated

News

  • Hindu hardliners seek wider India ban on hijab in class after court verdict By Reuters0

    © Reuters. FILE PHOTO: Hijab-wearing students arrive to attend classes as a policewoman stands guard outside a government girls school after the recent hijab ban, in Udupi town in the southern state of Karnataka, India, February 16, 2022. REUTERS/Sunil Kataria/File By Sumit Khanna and Saurabh Sharma AHMEDABAD/LUCKNOW, India (Reuters) – Hardline Hindu groups are demanding

  • France accuses Russia of using gas as ‘weapon of war’ By Reuters0

    © Reuters. A model of the natural gas pipeline is seen in front of displayed word EU and Russia flag colours in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration By Dominique Vidalon PARIS (Reuters) – France accused Moscow on Tuesday of using energy supply as “a weapon of war” as Russian gas giant Gazprom