News
Monthly US Export Prices up 3% in February, after 2.8% Rise in January
Prices of US exports continued to rise vertiginously with the latest US Bureau of Labor Statistics data showing a 3%...
Walmart Continues Hiring Spree, 50,000 New Jobs by End of First Quarter
Walmart, the nation’s largest employer, announced it will be hiring 50,000 people in its stores, clubs, campuses and supply chain...
IEA Revises Global Oil Demand Forecast Downwards in Monthly Report
The IEA revised downward its 2Q22-4Q22 forecast for oil demand by 1.3 million barrels per day, resulting in 950,000 barrels...
Russia Should Now be Top Policy Priority, Say CEOs and Board Directors
Two-thirds of CEOs and board directors surveyed by business think tank the Conference Board consider Russia to be the biggest...
Fund Managers Expect Quarter Point Rate Hike from Fed
Fund managers are expecting the Federal reserve to raise interest rates by 0.25% on Wednesday in what in all likelihood...
OPEC Leaves Global Growth Assessment Unchanged at 4.2%, Notes Market Volatility
In its March Monthly Oil Market report OPEC left its forecasts for global growth unchanged at 4.2% though noting that...
Congress Approves Cyber-Reporting Bill, Ransom Payments to be Registered
Congress approved legal mandates for cybersecurity as part of last weeks spending bill, requiring critical infrastructure companies to report breaches,...
Elon Musk Tweets Inflation as SpaceX and Tesla Raw Materials Prices Rise
Ahead of this Wednesday’s meeting of the Federal Reserve Board, billionaire Elon Musk weighed in asking followers about their thoughts...
China COVID Shutdown Prompts Oil Price Plunge
Oil prices, which had been soaring as the world considered sanctions on Russian production, fell by more than 7% Monday...
Low Pay Main Reason for Worker Resignations, Followed by Lack of Opportunities for Advancement
For 63% of American workers who quit a job in 2021 low-pay was a factor with 37% saying it was...
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