Russia Cuts Gas Supply to Denmark
In the latest escalation over energy related to the conflict in Ukraine, Russia cut off its gas supply to Denmark, after the country refused to pay for its gas in…
Fed’s Beige Book Finds Economy Slowing
The Fed’s Beige Book, released on Wednesday, showed that the US economy had slowed in many parts of the US in recent weeks. Of the 12 Fed Districts, the majority…
Home Prices Surged At Record Pace In March
Home prices jumped 20.6% in March over the year before according to the S&P CoreLogic Case-Shiller national home price index. That is above the 20% rise in February and the…
Combustion Cars May Be Killed By A Wire Harness Shortage
Some believe the end of the combustion engine car may be upon us, and it may have happened because of the war in Ukraine. Supplies of wire harnesses have been…
DeLorean Is Back With A New EV
The carmaker made famous by the movie Back to the Future, is back again, this time with a new EV. The DeLorean car company has been revived with new ownership,…
The Fed To Begin Quantitative Tightening
Starting on Wednesday, the Federal Reserve will begin reducing its almost $9 trillion portfolio. This process is designed to supplement rate hikes as the Fed tries to get control of…
Phoenix No Longer Has Fastest Home Price Growth
Metro Phoenix failed to register the highest home price growth for the first time in nearly three years. Tampa Florida beat Phoenix out in March, with a 34.8% gain year…
Supreme Court Blocks Texas Law Targeting Social Media Companies
On Tuesday the Supreme Court ruled against a Texas law that would have forced social media companies to allow the posting of all viewpoints on their platforms. This is at…
BoA Analysts say NVIDIA’s Transformation Is Underappreciated
BoA analysts liked a lot in NVIDIA’s latest earnings report, despite it having disappointed on guidance. Bank of America analysts wrote in a recent note, “Our positive view on Nvidia…
Al Gore’s Investment Firm Bought Alibaba And Salesforce, And Sold Cisco And Microsoft.
Generation Investment Management, London-based firm co-founded and co-chaired by former politician Al Gore, heavily bought shares of Alibaba Group Holding and cloud firm Salesforce CRM in the first quarter, as…
