Uranium prices rose 11% Friday, to their highest level since Japan’s Fukushima nuclear disaster in 2011. That surge followed reports that Joe Biden is weighing sanctions against Russia’s nuclear power supplier, Rosatom. Uranium wasn’t included in Biden’s earlier ban on Russian oil and other energy products. Loading Something is loading. Uranium prices surged to their… Continue reading Uranium prices spike to their highest since the 2011 Fukushima disaster, as Biden weighs sanctions on Russian supplier
Global shares edge up, but head for a 5th weekly loss, as Russia’s war in Ukraine and flaring inflation erode investor confidence
European shares and US futures edged higher, but global stocks headed for a fifth straight week of losses. Oil steadied above $100 a barrel in its most volatile week in almost two years. Gold nudged at $2,000 an ounce after US consumer inflation came in at 40-year highs. Loading Something is loading. Global shares edged… Continue reading Global shares edge up, but head for a 5th weekly loss, as Russia’s war in Ukraine and flaring inflation erode investor confidence
Russia ally China tries to protect itself from the ruble’s collapse by letting it fall more against the yuan
In a new exchange rule, China is seeking to protect itself from big moves in the Russian ruble. Beijing said it would double the margin size by which the ruble can move against the yuan. That means China doesn’t have to subsidize Russian buyers purchasing Chinese goods. Loading Something is loading. China is seeking to… Continue reading Russia ally China tries to protect itself from the ruble’s collapse by letting it fall more against the yuan
US stocks fall in volatile trading as inflation surges again and Ukraine-Russia crisis drags on
Stocks finished Thursday in the red after a choppy day of trading amid the Russia-Ukraine war. The Consumer Price Index showed inflation at the highest level since 1982. Bank of America recommends buying the dip in stocks, and Fundstrat’s Tom Lee still sees upside for a rally. Loading Something is loading. Stocks closed Thursday’s session… Continue reading US stocks fall in volatile trading as inflation surges again and Ukraine-Russia crisis drags on
How Much Has Pay Gone Up? Some New College Grads Are Getting Six Figures
Hefty gains are flowing down to the rookies. Many top college graduates have never had it so good. Americans’ pay is booming, with average hourly wages climbing 5.1% in the 12 months through February. So it stands to reason that top college graduates in prestige professions would be raking it in. Indeed they are–many to… Continue reading How Much Has Pay Gone Up? Some New College Grads Are Getting Six Figures
Remember When Cities Were Dying? Manhattan Rents Suggest Otherwise
If you’re a renter, you probably know first-hand what’s happening to rental rates. They’ve been going up over the past year. That’s a big deal because as you also know, rent likely represents your biggest regular expense. Rents for primary residences soared 0.6% in February over January, the biggest gain since 1987, the government reported on… Continue reading Remember When Cities Were Dying? Manhattan Rents Suggest Otherwise
Higher Prices Likely Coming at the Pump, in Stores
The 7.9% consumer-price increase in the 12 months through February barely includes the Ukraine war’s impact. When it comes to inflation, you probably ain’t seen nothing yet–at the gas pump, in your grocery store and in what you pay for rent or a new home. The consumer price index soared 7.9% in the 12 months… Continue reading Higher Prices Likely Coming at the Pump, in Stores
9 Highly-Rated Charities Where You Can Donate Safely to Help Ukraine
I like to focus on how the internet helps so many people, especially in times of a crisis. Right now, with the invasion of Ukraine and all the devastation, people from all over the world are making donations, matching donations and donating supplies. This is when the internet serves the greater good; giving strangers the… Continue reading 9 Highly-Rated Charities Where You Can Donate Safely to Help Ukraine
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