News
Europe’s Consumers are Sitting on 1 Trillion Euros in Pandemic Savings
In ordinary times, Europeans save around 12 percent of their income. But as families stayed at home and furlough schemes...
Twitter Rakes in $5 billion in 2021 Revenues: Loses Money
Despite garnering $5.08 billion in revenues tech-giant Twitter reported a net loss of $221 million in its fiscal year 2021...
Global Lithium Mining Market Set to Reach $1.35 Billion in 2026
The global lithium mining market will grow at a compound annual growth rate of 20.8% to $1.35 billion in 2026,...
Sting Sells Back Catalog To Universal for $300 Million
Musician Sting has sold his back catalog to Universal records for a reported $300 million. The sale follows similar transactions...
OPECs’ January Production Lower Than Quotas
OPEC raised it crude oil production by 64,000 barrels per day in January, according to the cartel’s February 2022 Monthly...
Inflation hits 40-year high
Inflation was 7.5% year-over-year in January the largest 12-month increase since February 1982, according to the Bureau of Labor Statistics...
St. Louis Fed’s Bullard: Mindful of inflation’s potential to “mess up economic performance”
As part of our set of companion articles considering the costs of inflation, the Minneapolis Fed invited Bullard to discuss...
Homeowners Reluctant to Sell in January
The number of homes listed for sale in the US was down 28% year-over-year this January according to a report...
Media Researchers Predict Record Super Bowl Viewership
This weekend’s Super Bowl will have 117 million viewers, the most ever for the game, according to media research company...
US Trade Deficit Sets Record in December
The US Trade deficit in goods and services reached $81 billion in December a new all-time monthly high. On a...
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