“XLE” – the Energy Select Sector SPDR Fund is in the red on Monday after OPEC+ agreed against cutting oil production further that sent oil prices back under $80 a…
The Institute for Supply Management’s composite services index increased to 56.5 percent in November, rising 2.1 points from 54.4 percent in the prior month. The index remains above the neutral…
Circle, the company that issues the USD Coin (USDC) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp (NYSE:CND). The stablecoin…
Apple Inc (NASDAQ: AAPL) is in focus this morning after its biggest iPhone supplier reported a big hit to revenue in November. Foxconn revenue tanks 29% in November Foxconn Technology…
When the Adderall-addled Sam Bankman-Fried (SBF) lost control of his crypto-trading platform after defrauding users, many had their priors confirmed. Crypto bad! they cried. This, of course, is rather like…
Sales of light vehicles totaled 14.1 million at an annual rate in November, down from a 15.1 million pace in October. The November result was a 6.5 percent decrease from…
The Confederation of British Industry (CBI) has cautioned that the UK economy is staring at a decade of missed growth unless action is taken on investment tax exemptions, the Northern Ireland…
Last month, something old became new again. What’s new is that the world population crossed the eight-billion mark for the first time. What’s old is that, for more than two…
First published by The Hill Recent weeks have witnessed another disaster for the cryptocurrency industry. FTX, one of the largest crypto exchanges, failed. The price of bitcoin, the largest cryptocurrency, fell by more than…
The Hang Seng (HSI) index has staged a strong recovery as investors reflect on the ongoing Hong Kong’s and Chinese reopening. It rose to a high of H$19,518, the highest…