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Fri, May 17, 2024 07:14 AM All times are UTC

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America’s Roundup: Dollar rises as minutes shows Fed committed to supporting economic recovery, Gold edges lower, Oil up on global economic recovery, but high U.S. gasoline stocks weigh-April 8th,2021

Apr 07, 2021 20:30 pm UTC| Market Roundups

Market Roundup `Fed minutes say economy still far from reaching Fed goals `US Imports 258.30B, 260.20B previous US Exports 187.30B,191.90B previous US Trade Balance -71.10B,-70.50B forecast, -68.20B...

Europe Roundup: Sterling hits one-week low vs dollar, European stocks pause near record high, Gold falls, Oil prices slip despite stronger economic outlook-April 7th,2021

Apr 07, 2021 12:25 pm UTC| Market Roundups

Market Roundup U.S. Fed meeting minutes due at 1800 GMT Italian March Composite PMI 51.9, 51.4 previous Italian March Services PMI 48.6, 49.0 forecast, 48.8 previous French March Markit Composite PMI 50.0, 49.5...

America’s Roundup: Dollar retreats as profit-taking, Wall Street ends lower, Gold scales over 1-week peak, Oil gains over 1% on strong U.S., China economic data-April 7th,2021

Apr 06, 2021 20:22 pm UTC| Market Roundups

Market Roundup U.S. job openings increased more than expected in February US Redbook (MoM) -17.2%,-17.4% previous US Redbook (YoY) 10.6%, 9.8% previous French 6-Month BTF Auction -0.621%, -0.627%...

Europe Roundup: Sterling slips after reaching two-week high versus dollar, European stocks rise,Gold's gains, Oil rebounds on robust economic data-April 6th,2021

Apr 06, 2021 12:55 pm UTC| Market Roundups

Market Roundup Sweden Mar Services PMI (MoM) 61.3, 62.7 previous Spanish Unemployment Change -59.1K , 44.4K previous Italian Feb Monthly Unemployment Rate 10.2%, 9.0%forecast, 9.0% previous UK March Car...

America’s Roundup: Dollar hits over 1-week trough, Wall Street ends higher, Gold inches lower, Oil down 5% as rising OPEC+, Iranian output weighs-April 6th,2021

Apr 05, 2021 20:36 pm UTC| Market Roundups

Market Roundup U.S. service sector activity at record high ISM U.S. yield curve steepens, after flattening on Friday US March ISM-New York Index 804.5,810.9 previous US ISM March NY Business Conditions...

Europe Roundup: Pound gains versus dollar,driven by UK outperformance on vaccine rollout, Gold eases, Oil drops below $64 as rising OPEC+, Iranian output weighs-April 5th,2021

Apr 05, 2021 13:11 pm UTC| Market Roundups

Market Roundup Russia March Markit Services PMI 55.8, 52.2 previous Brazil March IPC-Fipe Inflation Index (MoM) 0.71% , 0.23% previous Russian April Forex Intervention 185.7B, 160.0B forecast, 148.1B...

America’s Roundup: Dollar slides ahead of U.S. payrolls data, Wall Street gains, Gold rises, Oil rises as OPEC+ decides on production policy-April 2nd, 2021

Apr 01, 2021 20:37 pm UTC| Market Roundups

Market Roundup Canada Feb Building Permits (MoM) 2.1%,-1.4% forecast, 8.2% previous US Initial Jobless Claims 719K, 680K forecast, 684K previous US Continuing Jobless Claims 3,794K,3,775K forecast, 3,870K...

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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

Microsoft Integrates AMD AI Chips into Azure, Competing with Nvidia’s GPU Offerings

Microsoft announced Thursday that it will integrate AMDs MI300X processors into its Azure cloud services, offering a competitive alternative to Nvidias GPUs. Azures New AI Processing Power According to Reuters,...

Altcoins a ‘Relatively Huge’ Risk as Big Returns Fade, Analysts Warn Investors

Analysts caution that altcoins now represent a relatively huge risk, with the days of massive returns fading. Markus Thielen of 10xResearch suggests the high-reward era is over as crypto market narratives...

Bitcoin Has Best Day in 2 Months as SHIB to Get More Scarce with Shibarium

Bitcoin experienced its largest single-day rise in nearly two months, while ShibaSwaps expansion to Shibarium is set to increase SHIBs scarcity by boosting its burn rate. ShibaSwap Launches on Shibarium, Increasing SHIB...

Kia's Electric Pickup Spotted in US Testing, Targets Tesla Cybertruck, Ford F-150 Lightning

Kias upcoming electric pickup, designed to rival the Tesla Cybertruck, Rivian R1T, and Ford F-150 Lightning, has been spotted testing in the U.S., marking a significant step in its development. Kias Strategic Move into...

OpenAI Strikes Deal with Reddit to Bring Content to ChatGPT, Boosting Stocks

OpenAI and Reddit announced a partnership on May 16 to integrate Reddit content into ChatGPT, enhancing the chatbots capabilities and driving Reddits stock up 12% in extended trading. Reddit Diversifies Beyond...