Yahoo Finance Plus BERLIN, June 24 (Reuters) - Germany's network regulator said the country's gas supply is stable but warned that the situation could worsen.
"The situation is tense and a deterioration of the situation cannot be ruled out," the Bundesnetzagentur said in its situation report on Friday.
(Writing by Rachel More Editing by Paul Carrel)
Schiff publicly predicted the great financial crash of 2008. Will he be right again?
(Bloomberg) -- Ernst & Young LLP admitted that dozens of its audit personnel cheated on the ethics portion of the Certified Public Accountant exam and that the firm misled US regulators probing the misconduct, according to the Securities and Exchange Commission.Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsBig Tech Sinks Stocks Bruised by Recession Jitters: Markets WrapMichael Burry of ‘The Big Short’ Fame Warns Fed May Alter CourseChina Cuts Travel Quar
The Dow Jones fell as inflation fears rose. A Warren Buffett stock rose after Berkshire Hathaway raised its stake. Nike and Apple stock fell.
Hotshot investor Cathie Wood, chief executive of Ark Investment Management, has said repeatedly in recent weeks that we're headed for disinflation soon. Consumer prices soared 8.6% in the 12 months through May, a 40-year high. "We were wrong on one thing and that was inflation being as sustained as it has been," Wood told CNBC.
Not a lot of positives surround Shopify at the moment. Unfortunately for many investors, that disappointment is not limited to just Shopify, but also includes most growth stocks at the moment. Many growth stocks are down 60% to 70% or more.
There is a double mystery on the moon involving a rocket that crashed there. First there's no idea who launched the rocket but the bigger mystery is why did it leave two craters? NASA says astronomers noticed the rocket on a collision course with the moon last year.
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered sharp losses Tuesday, with the Nasdaq and S&P 500 breaking below a key level. Economic reports revived recession and inflation fears.
Lisa Shalett, Morgan Stanley Wealth Management’s chief investment officer, says the odds of a recession are now over 50%.
Apple’s efforts to replace Qualcomm as a supplier of 5G modem chips for its iPhone reportedly have hit a snag.
We’re facing a maelstrom of conflicting currents in the markets today, with a series of headwinds running head-on into each other. Consumer sentiment is low – in fact, at the lowest levels ever recorded, with 79% of consumers expecting economic conditions to get worse in the coming year. Inflation is high, at levels not seen since 1981, and is expected to remain elevated through the end of 2023. Fuel prices are major driver with the national average for a gallon of gasoline exceeding $5. The hou
Suze is bearish — but not on everything.
Cypherpunk Holdings Inc. has liquidated all of its Bitcoin and Ethereum treasury holdings, the Canadian investment firm said on Tuesday. See related article: Warnings on crypto, Bitcoin have materialized, says central bank body BIS Fast facts “In the interest of all shareholders, the company transitioned its treasury to cash,” said Moe Adham, investment chief at […]
Stars arrived at the Microsoft Theater in Los Angeles for the 2022 BET Awards celebrating Black...
David Bianco, chief investment officer Americas at DWS Group, has a price target for the S&P 500 of 3,700 to f 4,100 for the second half of the year.
Looking to pay fewer taxes on your hard-earned retirement income and extend the life of your savings? Doing so may be easier and simpler than you expected. For retirees with assets spread across various buckets, from taxable investment accounts to … Continue reading → The post Pay Fewer Taxes on Your Retirement Income With This Withdrawal Strategy appeared first on SmartAsset Blog.
The Federal Reserve has raised the fed funds rate target by 150 basis points since March, and many experts expect a lot more.
Tesla has shuttered its office in San Mateo, California and laid off roughly 200 employees working on its Autopilot driver-assistant system there, one of the people told Reuters, in a move seen as accelerating cost-cutting. Most of the laid-off people had been hourly workers, that person said. Early this month, Tesla Chief Executive Elon Musk told top managers he had a "super bad feeling" about the economy and that the maker of electric cars needed to cut staff by about 10%.
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The maker of premium and high-end electric vehicles remains the market leader in electric vehicles but sees a threatening rival.
The ship carrying oil products was chartered by a Swiss-based commodities trader that said it complied with sanctions against Russia.
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