News
Astrazeneca reports 28% revenue growth on COVID windfall
UK-based pharmaceutical company Astrazeneca reported $25.4 billion in revenues in its 3Q21 earnings report, up 28% from 2020. A $2.2...
IEA: Oil supply growing in tight market
Tight oil markets seem to be adjusting as the IEA’s November Oil Market Report shows increased supply coming online. According...
Walmart outperforms; US retail and food sector shows signs of recovery
As inflation hovers on record highs not seen since the early nineties, Walmart expects a 5% growth in sales for...
Mild weather dents Natural Gas Futures
Despite expectations of a colder 2022 winter temperatures have remained mild, sending natural gas future prices for December down by...
16% of Americans have used crypto currency
Use of cryptocurrencies in the US is taking off with a new Pew Research center survey showing that 16% of...
Starbucks employees to go ahead with unionization vote
Approximately 100 Starbucks workers in the Buffalo, New York, started on Wednesday to vote whether to unionize, despite efforts of...
Evergrande survives other payment date
Chinese property giant Evergande, considered one of the top five risks to the stability of the US economy in a...
Elon Musk sells $5 billion in stock
Elon Musk sold $5 billion this Wednesday, according to SEC filings filed by the company, after he had sent Tesla...
No end in sight US labor shortage
The US labor market is still experiencing severe labor shortages according to industry think tank the Conference Board, as the...
4.4 million Americans quit jobs in tight labor market
The number of people quitting their job in the US rose year-over-year by 1.1 million to 4.4 million in September....
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