BOA: Bearish Head And Shoulders Pattern Forming In S&P 500
Bank of America analysts are warning clients in a note that a pattern indicative of bearish behavior is forming in the S&P 500, and it could mean significant downside risk…
LG Energy Teams With Honda On New EV Battery Plant
LG Energy Solution is teaming with Honda Motor, investing $4.4 billion in building a new electric vehicle battery production plant in the US. The automaker now joins General Motors, Ford…
FedNow Instant Payment System Could Avert Need For CBDC
The Federal Reserve is on schedule to produce an instant payment service between May and July of 2023, according to the bank, as it gave the clearest timeline yet for…
Elon Musk Says Without Fossil Fuels, Civilization Will Crumble
Tesla CEO Elon musk said that transitioning to renewable energy sources will be one of the most difficult tasks the planet will face, and it may take several decades to…
Coca Cola To Continue Operations In Russia
According to reports, Coca Cola will continue to operate in Russia, selling its iconic beverage under the Dobry Cola label, according to the founder of the Teremok fast-food chain, Mikhail Goncharov.…
German Government Moves To Privatize German Gazprom Subsidiary
The German government has created a secret holding company, with which it plans to nationalize the former German subsidiary of Gazprom at some point in the future, according to a…
Electricity Prices In France And Germany To Produce Unrest Which Will Make Lockdown Protests Look Like “A Children’s Birthday Party”
On Friday both Germany and France set records for high electricity prices, as Western sanctions continue to batter European countries economies, Meanwhile, Russia remains comparatively unscathed, as the higher energy…
Facebook Settles Suit Over Sharing User Data With Cambridge Analytica
Meta Platforms Inc. has settled a lawsuit filed by users in 2018 which claimed the company illegally shared user data with UK-based research firm Cambridge Analytica, when it was performing…
Chinese Social Media Campaign Lunched To Sabotage US Rare Earths Effort
According to Lynas Rare Earths Ltd., an Australian rare-earths mining company, Chinese Communist Party-linked social media companies are posting daily attacks against them. Experts state the campaign is designed to…
3.8 Million Renters Will Likely Be Evicted Within Two Months
Median rents broke through $2,000 per month in June for the first time, and the rise in rents is showing no signs of abating. By the end of August, 8.5…
