The U.S. will release 50 million barrels of crude oil from its strategic petroleum reserve as part of a...
Archive for category: TRENDS ON THE GLOBAL ECONOMIC FRONT
Insider trading, even by those who are supposed to be regulating the financial industry, has been the topic of...
“Exuberance,” often a polite term for reckless speculation, in cryptocurrency, housing, and junk bonds has left those markets vulnerable...
PRIVATE EQUITY GROUP BUYS McAFEE Cybersecurity company McAfee Corp. is being taken over by a consortium of investors led...
The price of ethanol, the common corn-derived gasoline additive, has soared about 50 percent so far this year, The...
Fast-rising prices for oil likely will slow demand in some of the world’s largest economies in the next few...
A decade ago, the cost of capital—the interest paid to borrow the money to fund a capital project—for developing...
Global investors have bought $120 billion in Chinese stocks and bonds so far in 2021, according to the Financial...
Droughts in the U.S. and South America have ruined coffee, corn, sugar, wheat, and other crops. China’s record purchases...
In 2022, inflation will leave developed nations with their lowest real interest rates in perhaps a half-century, according to...
U.S. financial and technology companies, and their affiliates in China, are increasing their investments in Chinese semiconductor companies as...
IKEA: SALES AND PRICES UP, PROFITS DOWN Although online and in-store sales rose 6 percent to a record €49.1...
DRUG MAKER NOVARTIS TO SELL ITS STAKE IN ROCHE Swiss drug giant Novartis will sell its roughly one-third ownership...
Lufthansa, Germany’s flagship airline, reported €17 million in third-quarter earnings, before interest and taxes. The airline filled 19.6 million...
Facebook—oops, we mean Meta—may open physical stores around the world to introduce the public to its augmented and virtual...
On 5 November, a unit of China’s debt-plagued Evergrande Group property development company made a last-minute, $83.5-million bond payment...
On 4 November, the Organization of Petroleum Exporting Countries and its affiliates (OPEC+) approved a 400,000-barrel-per-day increase in oil...
The number of ships anchored outside the ports of Long Beach and Los Angeles has risen from about 60...
Stock prices in emerging nations have remained flat through 2021, in contrast to soaring markets in the developed world,...
FED’S FAVORITE INFLATION GAUGE REACHES 30-YEAR HIGH The Core Personal Consumption Expenditures Index (PCE), the U.S. Federal Reserve’s preferred...