OPEC To Welcome Iran’s Return To Oil Market When US Lifts Sanctions
In an interview with Iran’s Shana news agency on Monday, OPEC Secretary General Haitham Al Ghais said that as a responsible partner, Iran will be fully welcomed into the global…
Jim O’Neill Says Dollar Dominance Could Fall To BRICS At Some Point
Image courtesy of the Flickr stream of the Foreign, Commonwealth and Development Office and is licensed under the Creative Commons Attribution 2.0 Generic license. Jim O’Neill, former chairman of Goldman Sachs Asset Management is…
Musk Warns, After Commercial Real Estate Tanks, US Home Prices Will Follow
Elon Musk has sounded the alarm over fears the US housing sector is heading for a meltdown. On Monday he tweeted, “Commercial real estate is melting down fast. Home values…
China Telecom Invests $434 Million In Quantum Computing
On Tuesday, China Telecom announced on its official WeChat account that it had invested 3 billion yuan ($434 million) to create the China Telecom Quantum Information Technology Group Co. Operating…
Anheuser Busch Continues To Decline As Beer Sales Boycott Grows
As sales of Bud Light continue to decline, shares of parent company Anheuser-Busch InBev (BUD) are following suit. Nielsen just released new data showing sales of Bud Light have declined…
European Gas Prices Poised To Fall Below Zero
Bloomberg is reporting that according to traders, if European demand for natural gas fails to keep up with a growing supply-glut of gas, short-term natural gas prices could dip below…
Tesla Now Makes The Best-Selling Car In The World
New data from market research company JATO Dynamics released Friday revealed the Tesla Model Y electric crossover sedan has become the best selling car in the world in the first…
Moody’s Says Dollar’s Global Dominance In No Danger
A new report from Moody’s Investor Services ratings agency makes the case that the dominance of the US dollar in global trade and finance will continue for decades, despite the…
A Tight Job Market Means Teens Have More Options, Better Pay
Amid a tightened labor market, and new legislation, US teenagers are seeing their summer employment options grow, as their potential wages rise, according to a new AP report which cites…
Saudi Arabia Says Russia Has Not Fully Reduced Its Oil Output
On Saturday, the Wall Street Journal reported that Saudi Arabia has accused Russia of not fully fulfilling its pledge to voluntarily restrict its oil production in response to Western sanctions,…
