German Economy in Recession With No More Growth Seen in 2024Press RoomOctober 14, 20240 (Bloomberg) — Germany is suffering a mild recession and output across the whole of 2024 will be flat, according to…
Oil prices fall by more than a $1 on Chinese economic dataPress RoomOctober 14, 20240 BEIJING (Reuters) – Oil prices fell by a dollar in early Asian trading on Monday after disappointing Chinese inflation data…
Fed rate cuts were supposed to help ease U.S. debt costs, but it’s not looking good so farPress RoomOctober 13, 20240 The start of the Federal Reserve’s rate cuts last month was expected to bring bond yields down—and take some pressure…
Volatile Bond Market Puts Traders on Defense Amid Fed-Cut DoubtsPress RoomOctober 13, 20240 (Bloomberg) — Bond investors are going on defense as the outlook for the Federal Reserve’s interest-rate cutting path turns more…
444 ‘Underperforming’ 7-Eleven Stores to Be Closed After Sales DropPress RoomOctober 12, 20240 More than 400 North American 7-Eleven locations are slated for closure after “underperforming” during the second quarter of FY 2024,…
Boeing to Slash 17,000 Jobs amid Financial Losses and Machinist StrikePress RoomOctober 12, 20240 Airplane manufacturer Boeing is preparing to significantly slash its workforce amid a strike and the company’s aircraft safety issues. The…
EV Disaster: Fisker, Once Promoted by Joe Biden, Hits Bankruptcy SnagPress RoomOctober 12, 20240 Troubled electric vehicle company Fisker’s Chapter 11 bankruptcy proceedings have encountered a significant obstacle, as American Lease, the company set…
“CIA DRUGS R US” — A Film ReviewPress RoomOctober 12, 20240 By Janet Phelan What do wild sex and drug parties in Laurel Canyon, John Lennon’s assassination and the SDS splinter…
Ecuador Goes Dark in a Power Crisis That Punishes EconomyPress RoomOctober 12, 20240 (Bloomberg) — Life without electricity is wearing on Ecuadorians, punishing their already frail economy and raising questions about the political…
Venezuela’s Maduro Gifts Citizens ‘Christmas Stipend’ Worth Less than $5Press RoomOctober 12, 20240 The socialist regime of Venezuela began distributing on Thursday a “Christmas” stipend of 180 Venezuelan bolivars — or roughly $4.70…
