Tesla has been kicked out of the S&P 500 ESG index despite its focus on making zero-emission products.”ESG is an outrageous scam! Shame on S&P Global,” Tesla CEO Elon Musk tweeted in response.Here’s why Tesla was kicked out of the sustainably focused stock market index this week. Loading Something is loading. Tesla stock was kicked… Continue reading Tesla has been kicked out of the S&P 500’s ESG index even though it makes zero-emission products. Here’s why.
China is now the world’s 2nd-biggest bitcoin miner after activity bounced back from the government’s crackdown
China has re-emerged as the second-biggest bitcoin miner after the US, despite Beijing’s ban on crypto activity. A surge in covert operations has made it a major mining hub again, the Cambridge Centre for Alternative Finance found. China’s crackdown resulted in a swift drop in global bitcoin mining, which has now recovered to hit all-time… Continue reading China is now the world’s 2nd-biggest bitcoin miner after activity bounced back from the government’s crackdown
It’s possible the US can dodge a recession but stagflation is unavoidable, Mohamed El-Erian says
The US economy can potentially dodge a recession, but stagflation is coming, Mohamed El-Erian told Bloomberg TV on Wednesday. “What is unavoidable is stagflation. We’re seeing growth coming down, and we’re seeing inflation remaining high.” A significant slowdown in economic growth hasn’t been priced into the stock market yet, he warned. Loading Something is loading.… Continue reading It’s possible the US can dodge a recession but stagflation is unavoidable, Mohamed El-Erian says
Weekly NFT sales plunge 50% to $255 million amid crypto bear market. These were the 5 best-selling digital collections.
NFTs have had a breakthrough year, and over the past 12 months, volume has hit $29 billion.But a significant decline in the cryptocurrency market has helped fuel a pullback in NFT sales. Loading Something is loading. The cryptocurrency boom over the past few years has helped propel a newer market to record heights: digital collectibles… Continue reading Weekly NFT sales plunge 50% to $255 million amid crypto bear market. These were the 5 best-selling digital collections.
Latest Housing Blow: Homebuilder Confidence Slips
Soaring home prices and mortgage rates, along with a lack of home inventory, have made life difficult for prospective home buyers. Here’s another negative development. The National Association of Home Builders Housing Market Index fell eight points to 69 in May. The index measures builder confidence in the market for newly built single-family homes. It’s the… Continue reading Latest Housing Blow: Homebuilder Confidence Slips
Sony LinkBuds S Review: A Dream Come True For Sound Customization
Just a few months ago, in February of 2022, Sony revealed LinkBuds — tiny earbuds with a physical hole for an always-on transparency mode. They were unique, offered rich sound, and for $179.99, featured no noise cancellation. Three months later, Sony is unveiling the $199.99 LinkBuds S. These sport a more conventional earbud design with… Continue reading Sony LinkBuds S Review: A Dream Come True For Sound Customization
Amazon’s New Fire 7 Tablet Gets Upgraded Features
Amazon’s new Fire 7 Tablet in pink. Amazon After a long three-year run, Amazon is finally updating its entry-level Fire 7 tablet with a small price increase. For $10 more at $59.99, the Fire 7 2022 gets a faster processor, stretches the battery life to 10 hours, and finally uses a universal USB-C port. If… Continue reading Amazon’s New Fire 7 Tablet Gets Upgraded Features
Value stocks shield investors from worst of 2022 market storm
‘We survived the worst decade for value in history and now we’re enjoying the fruits of the rebound’ Author of the article: Financial Times Harriet Agnew and Chris Flood in London Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files Value stocks are providing investors some shelter… Continue reading Value stocks shield investors from worst of 2022 market storm
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