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Sat, May 11, 2024 02:36 AM All times are UTC

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America’s Roundup: Dollar rises after consumer sentiment data, Wall Street closes up, Gold advances, Oil falls on prospect of higher-for-longer US rates

May 11, 2024 02:23 am UTC| Market Roundups

Market Roundup Feds Logan says policy may not be tight enough Canada Apr Participation Rate 65.4% ,65.3% previous Canada Apr Unemployment Rate 6.1%,6.2% forecast,6.1% previous Canada Apr Part Time Employment...

Europe Roundup: Sterling rises after UK economy beats expectations and exits recession, European shares rise, Gold gains, Oil benchmark Brent above $84 on perky demand signals, MidEast conflict-May 10th,2024

May 10, 2024 12:41 pm UTC| Market Roundups

Market Roundup UK GDP (QoQ) (Q1) 0.6%, 0.4% forecast, -0.3% previous UK Industrial Production (MoM) 0.2%, -0.5% forecast, 1.1% previous UK GDP (YoY) (Q1) 0.2%, 0.0% forecast,-0.2% previous UK Mar Manufacturing...

America’s Roundup: Dollar weakens after claims data ,Wall Street ends higher, Gold rises, Oil edges up on rising demand expectations following data from China and the United States

May 09, 2024 23:31 pm UTC| Market Roundups

Market Roundup US Initial Jobless Claims 231K ,212K forecast, 208K previous US Continuing Jobless Claims 1,785K .1,790K forecast, 1,774K previous\ US Jobless Claims 4-Week Avg. 215.00K ,210.00K previous US...

Europe Roundup :Sterling slips as BoE holds rates, European shares gain, Oil recovers on US crude storage draw, rise in China imports-May 9th,2024

May 09, 2024 12:34 pm UTC| Market Roundups

Market Roundup Germany May Thomson Reuters IPSOS PCSI 48.51, 47.38 previous EU May Thomson Reuters IPSOS PCSI (MoM) 46.60, 46.61 previous UK BoE Apr MPC vote unchanged 7,9 forecast,8 previous UK BoE Apr BoE MPC...

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...

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Economy

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

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...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

US election: why it’s not the protesters’ votes that the Democrats should worry about

As hundreds of New York police officers in riot gear were called in to clear away a student protest at Columbia University on Tuesday night, the university president Nemat Shafik was saying she had no choice but to take...

Science

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...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Bloomberg Unveils Causes of Bitcoin, ETH, SOL, XRP, SHIB Price Plunge Amid Market Turbulence

Crypto trading volumes on major cryptocurrency exchanges fell dramatically in April. Trading volumes declined for the first time in seven months after Bitcoins price fell from an all-time high of $73,800, Bloomberg...

Harvest CEO Eyes Bitcoin ETF Entry into Mainland China via Hong Kong's ETF Connect

Harvests CEO feels that the Hong Kong-mainland China ETF bridge initiative can potentially expand crypto ETF access in mainland China. Harvest Explores Offering Bitcoin and Ether ETFs to Mainland Chinese Investors via...

Samsung Follows Apple, Abandons Autonomous Driving and EV Research Initiatives

Samsung has reportedly halted its autonomous EV driving research project. The companys Advanced Institute of Technology branch has dropped autonomous driving from its research initiatives. This move comes after allegations...

SHIB Burns Skyrocket 5,803%: 26.4 Million Shiba Inu Sent Ablaze in Meme Coin Surge

Shibburn, a popular meme coin explorer, has reported a significant spike in the burn rate of Shiba Inu, the second-largest meme cryptocurrency in market capitalization value. In the meantime, the SHIB price has risen...

Apple Reportedly Inks Deal with Samsung for Foldable Displays, Hints at Future Products

Speculations that Samsung Display was trying to sign Apple as its next big foldable display client surfaced online, but nothing was set in stone because Apple was unsure about building foldable products. However, Apples...