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Tue, Jun 18, 2024 12:41 PM All times are UTC

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Yellen more convinced Q1 slowdown was temporary

May 22, 2015 18:31 pm UTC| Commentary

In her speech on the economic outlook today, Fed Chair Janet Yellen argued that the slowdown in first-quarter GDP growth was "largely" due to temporary factors, such as the record cold weather in the Northeast and the West...

U.S. inflation looks to be stabilizing

May 22, 2015 18:18 pm UTC| Commentary

U.S. consumer prices came in exactly as expected, up a modest 0.1% in April (3rd increase in a row) or 0.2% below a year ago, the fourth straight sub-zero reading. Excluding food energy, prices were a little stronger,...

Banxico will likely remain on hold at June 4th meeting

May 22, 2015 18:10 pm UTC| Commentary

Mexico CPI decreased 0.53% 2w/2w in the first fortnight of May as a result of the seasonal adjustments in electricity tariffs and reductions in perishable prices, while core inflation was 0.03% 2w/2w, much lower than...

Market movers ahead

May 22, 2015 18:06 pm UTC| Commentary

Danske Bank Markets:We expect US Q1 GDP growth to be revised lower over the coming week, due primarily to exports and inventories. We expect the underlying upward trend in the US housing market to continue and we look for...

Stronger German recovery depends on export revival

May 22, 2015 18:05 pm UTC| Commentary

Last weeks data gave mixed signals about Germany. On the one hand, the second GDP release showed that Q1s slowdown belied a strong domestic economy and Mays Ifo survey pointed to a pick-up in growth to come. But on the...

Surge in U.S. trade deficit will soon be reversed

May 22, 2015 17:49 pm UTC| Commentary

This week it is lileky that we learn, rather than edging up by 0.2% annualised as the first estimate indicated, U.S. first-quarter GDP contracted by 0.7%. The principal reason for the revision is that net external trade...

Canadian retail sales surpass market expectations in March

May 22, 2015 17:23 pm UTC| Commentary

Canadian retail sales rose 0.7% m/m in March, following a healthy (downwardly revised) increase of 1.5% in February. Todays reading came in above market expectations which had called for a 0.3% increase.Todays retail...

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Economy

Investors have bid against each other to buy Australia’s first green bond. Here’s why that’s a great sign

You might think government debt is bad, but it actually plays a crucial role in modern finance. Back when he was treasurer, Peter Costello famously declared that April 21 2006 would be known as Australias Debt Free Day....

Meet the ‘new consumer’: How shopper behaviour is changing in a post-inflation world

After a long anticipated wait, the Bank of Canada has finally decided to cut interest rates by 25 basis points. The decision marks a departure from the series of interest rate hikes that were previously implemented to curb...

Yes, carbon capture and storage is controversial – but it’s going to be crucial

Renewable energy sources such as wind and solar are vital tools to help us make cuts to the 36 billion tonnes of greenhouse gases we emit each year. But renewables alone cant get us to net zero. Sectors such as cement,...

The UK’s nature restoration plans have some big holes – here’s how to fill them

Have you heard anything about nature as a political priority in the upcoming UK general election? We havent. And as biodiversity researchers, that troubles us. The UK is already one of the worlds most nature-depleted...

Rotting sargassum is choking the Caribbean’s white sand beaches, fueling an economic and public health crisis

The Caribbeans sandy beaches, clear turquoise water and vibrant coral reefs filled with an amazing variety of sea creatures have long been the pride of the islands. The big three sun, sea and sand have made this...

Politics

Trump's 'Huge Fan' Status of Tesla Cybertruck Fuels Growing Alliance with Elon Musk

Elon Musk, during Teslas shareholder meeting, disclosed his growing alliance with Donald Trump, emphasizing Trumps admiration for the Cybertruck. CEO Elon Musk spoke about his relationship with former President Trump...

Why spending time and money creating TikToks probably won’t pay off for Labour and Conservatives

In a few short years, TikTok has moved from being an app for teens doing dance routines in their bedroom to a key part of political campaigning. Both Labour and the Conservatives are on the app (with 191,000 and 58,000...

2024 European elections: Who are young Europeans voting for?

Over the last five European Parliament elections, young peoples participation and preferences have changed significantly in response to various socio-economic, political and cultural factors. Of course, the European Union...

EU elections: far-right parties surge, but less than had been expected

The results of the 2024 European elections have confirmed the surge of far-right parties in EU member states. However, while many recorded significant scores, the wave was not a groundswell, and the shifts vary from...

Does voting help the climate?

The worlds biggest election took place in heat so severe it claimed the lives of several poll workers. Nearly one billion people were eligible to vote in the election that returned Narendra Modi to power in India, but...

Science

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Technology

Tesla Model 3 LR AWD Now Qualifies for $7,500 Point of Sale EV Tax Credit

The IRS has included Teslas Model 3 LR AWD in the $7,500 EV tax credit list, allowing buyers to benefit from the new Point of Sale system. Tesla Model 3 LR AWD Now Eligible for EV Tax Credit Under New Point of Sale...

US Supreme Court to Hear Nvidia Crypto Mining Revenue Fraud Appeal

The U.S. Supreme Court will hear Nvidias appeal in a securities fraud lawsuit alleging the company misled investors about its cryptocurrency mining revenue. Supreme Court to Review Nvidias Appeal in Securities Fraud...

Former SEC Official David Hirsch Refutes Claims of Joining Memecoin Platform Pump.fun

David Hirsch, former chief crypto officer of the SEC, has denied reports of joining the memecoin platform Pump.fun, stating he has not announced his next role. Former SEC Official Refutes Claims of Joining Pump.fun as...

Ethereum (ETH) to Hit $5,000 After Major Move, Says Top Analyst

In a daring prediction that has captivated the attention of the cryptocurrency world, noted analyst Jelle has predicted that Ethereum (ETH) will achieve an all-time high of $5,000 by the end of the year. This prediction...

SHIB Sees Major Metric Drop as Price Dips Below Crucial $0.00002 Threshold

Shiba Inus burn rate has plummeted by over 62% as the SHIB price falls below the critical $0.00002 level, raising concerns among investors. Shiba Inu Burn Rate Plummets Amid Price Decline Below $0.00002 A significant...