Oil Prices Decline Amid China’s Economic Growth Concerns and Strengthening Dollar by Richie 01/17/2024 Oil prices experienced a decrease of more than $1 on Wednesday, influenced by China's economic growth falling slightly...
US Retail Sales Report Impacts Federal Reserve’s Rate Cut Strategy by Richie 01/17/2024 The United States Census Bureau's advanced monthly sales report for December 2023 was released today, indicating a 0.6%...
NEDA Advocates for P1 Trillion ‘Blue Economy’ to Stimulate Growth by Richie 01/17/2024 The National Economic and Development Authority (NEDA) unveiled plans on Wednesday to champion the "Blue Economy" bill this...
Unexpected Increase in U.S. Crude Oil Inventories Impacts Prices by Richie 01/17/2024 Crude oil inventories in the United States experienced an unexpected rise this week, increasing by 483,000 barrels for...
Canada’s December Inflation Figures Disappoint, Putting Early Rate Cut Expectations on Hold by Richie 01/17/2024 Canada's annual inflation rate for December met expectations by rising to 3.4%, up from 3.1% in November, according...
Australian Dollar Faces Downward Pressure Ahead of US Retail Sales Data by Richie 01/17/2024 The Australian Dollar (AUD) is facing continued downward pressure against the US Dollar (USD) on Wednesday, grappling with...
UK Inflation Registers First Increase in Nearly a Year by Richie 01/17/2024 In December, UK inflation experienced its first acceleration since February of the previous year, according to official data...
Hertz’s Shift from EVs to Gas-Powered Cars Raises Concerns and Impacts Second-Hand Market by Richie 01/16/2024 Rental giant Hertz's decision to transition from electric vehicles (EVs) to gas-powered cars, including Tesla models, is causing...
Elon Musk Seeks Increased Voting Control at Tesla for AI Leadership by Richie 01/16/2024 Tesla CEO Elon Musk expressed his discomfort with steering the automaker into a leadership position in artificial intelligence...
S&P Reports 80% Surge in Corporate Debt Defaults in 2023, Warns of Potential Challenges Ahead by Richie 01/16/2024 S&P Global Ratings released a report on Tuesday highlighting a significant 80% increase in corporate debt defaults in...
Advancements in Traceability Technologies Bolster Security Against Counterfeit Pharmaceuticals 03/20/2024