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Sat, May 18, 2024 07:17 AM All times are UTC

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America’s Roundup: Dollar gains on rate outlook, Wall Street mixed, Gold steadies, Oil prices rise after US crude stocks fall more than expected

May 08, 2024 18:58 pm UTC| Market Roundups

Market Roundup US Mar Wholesale Trade Sales (MoM) -1.3% ,2.3% previous US Mar Wholesale Inventories (MoM) -0.4% , -0.4% forecast,0.5% previous US Crude Oil Inventories -1.362M, -1.430M forecast,7.265M...

Europe Roundup: Sterling eases ahead of Bank of England decision, European stocks rise, Oil slides on rising US stockpiles

May 08, 2024 12:33 pm UTC| Market Roundups

Market Roundup Finnish Mar Industry Output (YoY) -7.7%,1.3% previous German Mar Industrial Production (YoY) -3.35%,-4.76% previous Finnish Mar Finnish Trade Balance -0.81B,-0.66B previous German Mar German...

America’s Roundup: Dollar gains as investors ponder rate cut timing, Wall Street mixed, Gold slips, Oil settles lower on signs of easing supply tightness

May 07, 2024 20:51 pm UTC| Market Roundups

Market Roundup US Redbook (YoY) 6.0%,5.5% previous Canada Apr Ivey PMI 63.0, 58.1 forecast,57.5 previous Canada Apr Ivey PMI n.s.a 65.7, 63.0 previous US May IBD/TIPP Economic Optimism 41.8, 44.1 forecast,43.2...

Europe Roundup :Sterling slips against dollar,European shares hit one-month high,Oil steadies as weak physical markets balance Middle East tensions-May 7th,2024

May 07, 2024 12:31 pm UTC| Market Roundups

Market Roundup Swiss Apr Unemployment Rate n.s.a 2.3%,2.4%previous UK Apr Halifax House Price Index (MoM) 0.1% ,0.2% forecast,-1.0% previous German Mar Factory Orders (MoM) -0.4%,0.4% forecast,0.2%...

America’s Roundup: Dollar weakens on Fed rate cut hopes, Wall Street closes higher, Gold climbs, Oil edges higher after Saudi Arabia hikes prices

May 06, 2024 22:49 pm UTC| Market Roundups

Market Roundup French 6-Month BTF Auction 3.666%, 3.710% previous French 3-Month BTF Auction 3.803% ,3.800% previous French 12-Month BTF Auction 3.460%, 3.488% previous US Apr CB Employment Trends Index 111.25...

Europe Roundup: Euro gains against dollar ,European shares climb on energy boost,Oil climbs as Gaza tensions rise, Saudi Arabia hikes prices-May 6th,2024

May 06, 2024 12:27 pm UTC| Market Roundups

Market Roundup Italian Apr Services PMI 54.3,54.7 forecast, 54.6 previous Italian Apr Composite PMI 52.6,53.5 previous French Apr SP Global Composite PMI 50.5,49.9 forecast,48.3 previous French Apr French...

America’s Roundup: Dollar falls US jobs data disappoints, Wall Street ends sharply higher, Gold dips, Oil declines on US jobs data, logs steepest weekly loss in 3 months

May 04, 2024 02:12 am UTC| Market Roundups

Market Roundup US Apr Private Nonfarm Payrolls 167K,181K forecast,232K previous US Apr U6 Unemployment Rate 7.4%, 7.3% previous US Apr Average Hourly Earnings (MoM)0.2%, 0.3% forecast,0.3% previous US Apr...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

Technology

Skechers Sales Surge as Growth Lags for Nike and Adidas; Nike Eyes 2024 Olympics

Skechers reported a significant sales boost last quarter, while Nike and Adidas struggled with growth. Nike aims to leverage the 2024 Summer Olympics in Paris to regain momentum and improve market performance. Skechers...

Binance Enhances SHIB, USTC, AGIX Trading and Liquidity for Better Market Dynamics

Binance has announced efforts to enhance liquidity and trading for Shiba Inu (SHIB), USTC, and SingularityNET (AGIX), including tick size adjustments aimed at improving market dynamics and trading experience. Binances...

OpenAI Disbands Team Tackling AI Risks Amid Leadership Changes and GPT-4o Launch

OpenAI has dismantled its Superalignment team, initially formed to address AI risks, following the resignations of key leaders Ilya Sutskever and Jan Leike. OpenAI Disbands Superalignment Team Days After Leaders Resign,...

$73M Crypto Scam: Two Foreign Nationals Arrested for 'Pig Butchering'

The Justice Department prosecuted two Chinese nationals on Friday in a cryptocurrency scam that laundered at least $73 million from deceived victims. Defendants Allegedly Used Shell Corporations to Launder Funds Through...

Tether's $1B USDT Mint Boosts Bitcoin, Eyes on $70K Milestone

Bitcoin has switched its former resistance into support, as Tethers market capitalization continues to rise swiftly in 2024. Tether, the worlds largest stablecoin, has issued another $1 billion, raising its market...