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Category: Industries


Financial Services, Industries

Deutsche Bank shares drop amid global jitters over banks

March 24, 2023

Via: ABC News

Shares in Deutsche Bank fell sharply Friday, dragging down major European banks and leading German Chancellor Olaf Scholz to express confidence in the solidity of the country’s largest lender as fears about the global financial system sent fresh shudders through […]


Education, Industries

By The Numbers: What potential budget cuts to Ed Dept would look like

March 22, 2023

Via: Education Dive

A plan by House Republican leaders to trim funding across government agencies would have a “very real and damaging” impact on families, communities and the economy, U.S. Education Secretary Miguel Cardona has told Committee on Appropriations Ranking Member Rep. Rosa […]


Education, Industries

Bay State College loses appeal on accreditation, which will be stripped this summer

March 21, 2023

Via: Education Dive

The New England Commission of Higher Education, or NECHE, said in January it intended to nix Bay State’s accreditation. But the for-profit institution, which has grappled with years of enrollment declines and a ballooning budget deficit, said it intended to […]


Industries, Others

Home Prices Fell in February for First Time in 11 Years

March 21, 2023

Via: The Wall Street Journal

U.S. existing-home prices fell from a year earlier in February for the first time in 11 years, as a dip in mortgage rates caused home sales to surge from January levels. The national median existing-home price fell 0.2% in February […]


Industries, Manufacturing

Germany Producer Price Inflation Eases To 15.8%, Lowest Since Sep 2021

March 20, 2023

Via: Markets Insider

Germany’s producer price inflation eased for the fifth straight month in February to reach its lowest level in nearly one-and-a-half years amid a continued slowdown in energy prices, preliminary data from Destatis showed on Monday. The producer price index, or […]


Enterprise, Industries

Deal for UBS to buy Credit Suisse sends shares tumbling

March 20, 2023

Via: ABC News

Shares of Credit Suisse plunged 60.5% on Monday after banking giant UBS said it would buy its troubled Swiss rival for almost $3.25 billion in a deal orchestrated by regulators to try to stave off further turmoil in the global […]


Financial Services, Industries

Banks take advantage of Fed crisis lending programs

March 16, 2023

Via: CNBC

Financial institutions took billions in short-term loans this week from the Federal Reserve as the industry copes with a serious crisis of confidence and liquidity, the central bank reported Thursday. Utilizing tools the Fed rolled out Sunday, banks looking for […]


Industries, Retail & Wholesale

Sweden Inflation Climbs To 12.0% On Higher Food Prices

March 15, 2023

Via: Markets Insider

Sweden’s consumer price inflation increased unexpectedly in February, largely driven by higher food costs, data from Statistics Sweden showed on Wednesday. The consumer price index rose 12.0 percent year-over-year in February, faster than the 11.7 percent increase in January. Economists […]


Financial Services, Industries

After two historic US bank failures, here’s what comes next

March 13, 2023

Via: ABC News

Two large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial system, and President Joe Biden is reassuring Americans that the money they have in banks […]


Energy, Industries

Oil Price Update: WTI and Brent Eye Fourth Consecutive Day of Losses

March 10, 2023

Via: DailyFX

Crude Oil faced renewed selling pressure this morning in what has been a difficult week for the commodity. This followed a positive start to the week as WTI by broke above the 100-day MA for the first time since November […]


Industries, Others

RICS: UK property market remains downbeat but could be stabilising

March 9, 2023

Via: MoneyWeek

According to the latest data from the Royal Institute for Chartered Surveyors (RICS), the housing market in the UK remains weak. However, RICS’ report suggests green shoots of growth are appearing, which could support the market during the rest of […]


Enterprise, Industries

Apple stock price target raised at Wedbush on positive iPhone demand checks

March 8, 2023

Via: Investing.com

Wedbush analysts raised the price target on Apple (NASDAQ:AAPL) stock to $190 per share from $180 to reflect positive Asia checks on iPhone demand. They also reaffirmed the Outperform rating and Apple’s place on Webush’s Best Idea List. Asia checks […]


Energy, Industries

Crude Oil Price Forecast: Demand Projection Fueled by Chinese Growth Outlook

March 7, 2023

Via: DailyFX

Crude oil is looking for its 6th consecutive positive day this Tuesday which has gathered steam from positivity around the Chinese economy. Although China revised growth forecasts (GDP) higher to 5% after a roughly 3% last year, markets were expecting […]


Energy, Industries

Energy bill support to be extended as price rise looms

March 3, 2023

Via: Sky News

Sky News understands the chancellor will cancel a reduction in support that would have seen typical annual bills rise from £2,500 to £3,000. In recent days, the government has asked energy suppliers to prepare for both scenarios, fuelling a widespread […]


Education, Industries

K-12 enrollment lagged projections by 2% in 2021, revealing college pipeline cracks

March 1, 2023

Via: Education Dive

A few U.S. Supreme Court justices appeared skeptical Tuesday that a band of Republican-controlled states and two borrowers have the right to sue to overturn the Biden administration’s plan to forgive broad amounts of federal student loan debt. Whether that […]


Education, Industries

Supreme Court picks apart question of standing in student loan forgiveness lawsuits

February 28, 2023

Via: Education Dive

A few U.S. Supreme Court justices appeared skeptical Tuesday that a band of Republican-controlled states and two borrowers have the right to sue to overturn the Biden administration’s plan to forgive broad amounts of federal student loan debt. Whether that […]


Energy, Industries

Natural Gas Price Action Setup: Is This It?

February 28, 2023

Via: DailyFX

The sharp rebound in natural gas in recent days is a sign that bears are getting exhausted. However, it may be premature to assume that the worst is over. Natural gas fell to a 2.5-year low last week before rebounding […]


Industries, Manufacturing

Pentagon to Reap Rewards From $53 Billion Chips Act

February 28, 2023

Via: The Wall Street Journal

The Pentagon will have secure access to leading-edge semiconductors manufactured at facilities receiving funding from the $53 billion Chips Act, Commerce Secretary Gina Raimondo said, ensuring the industry can supply the military with the advanced chips it needs for modern […]


Energy, Industries

The energy price cap has fallen but the real winner is the government

February 27, 2023

Via: Sky News

Even though wholesale energy prices have been falling, households will see their bills go up from April as the government support that has been shielding us from the worst of the energy crisis is reduced. The energy regulator today announced […]


Energy, Industries

High energy prices are here to stay

February 24, 2023

Via: MoneyWeek

Six months ago, Cornwall Insight, a consultancy that nobody had previously heard of, was forecasting that the energy price cap would reach £6,616 per year. Mainstream media accepted that without question. In fact, the price cap was set at £2,500 […]