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Energy, Industries

U.S. House passes bill to fight oil and gas price gouging

May 19, 2022

Via: Investing.com

The U.S. House passed a bill on Thursday that allows the U.S. president to issue an energy emergency declaration, making it unlawful for companies to excessively increase gasoline and home fuel prices. The bill must pass the Senate, which is […]


Industries, Retail & Wholesale

Target feels inflation’s sting in first quarter, shares slip

May 18, 2022

Via: ABC News

Target took a big hit from higher costs during the first quarter despite brisk sales and shares appeared headed for their most severe sell-off since the Black Monday market crash of 1987. Profits for major retailers has come under pressure […]


Financial Services, Industries, News

US, banks unveil plan to ease food crisis from Russia’s war

May 18, 2022

Via: ABC News

The U.S., several global development banks and other groups unveiled a multi-billion dollar plan Wednesday meant to address a worldwide food security crisis exacerbated by Russia’s war in Ukraine. The Treasury Department announced that several global development banks are “working […]


Energy, Industries

EU rushes out $300 billion roadmap to ditch Russian energy

May 18, 2022

Via: ABC News

The European Union’s executive arm moved Wednesday to jump-start plans for the 27-nation bloc to abandon Russian energy amid the Kremlin’s war in Ukraine, proposing a nearly 300 billion-euro ($315 billion) package that includes more efficient use of fuels and […]


Finance Tech, Liquidity

Crypto crash stokes some financial crisis fears

May 17, 2022

Via: NBC News

The cryptocurrency market’s near-$2 trillion loss in value forces a difficult question: Could crypto trigger a broader economic slowdown? It’s a concern that highlights the uncertainty inherent in a market that by many measures is still in its infancy but […]


Finance Tech, Liquidity

Gold Price Update – XAU/USD Rally Struggling to Find Traction

May 17, 2022

Via: DailyFX

For all market-moving data releases and events, see the DailyFX Economic Calendar. Gold is back around $1,828/oz. after falling to a fresh multi-month low on Monday at around $1,787/oz. but the move higher looks set to struggle. The precious metal […]


Education, Industries

Lowe’s joins in on debt-free college trend

May 17, 2022

Via: Education Dive

A few weeks before the Guild announcement, Lowe’s committed $9 million towards education of historically marginalized students to provide pathways to employment at Lowe’s. The construction vendor allocated the funds to the Charlotte Talent Initiative at Queens University’s business school, […]


Energy, Industries

EU’s Russia sanctions effort slows over oil dependency

May 16, 2022

Via: ABC News

The European Union’s efforts to impose a new round of sanctions against Russia over the war in Ukraine appeared to be bogged down on Monday, as a small group of countries opposed a ban on imports of Russian oil. Since […]


Finance Tech, Liquidity

Euro Breaking News: European Commission Spring Forecast Buoys EUR/USD

May 16, 2022

Via: DailyFX

The European Commission’s Spring Forecast for 2022 revised Eurozone inflation upward to 6.1% in 2022 as expected with forecasts expected to decline to 2.7% in 2023. Growth projections in the region were subsequently lowered to 2.3% from 2.7% in February. […]


Energy, Industries

Russian pipeline sanctions raise fears of gas interruption

May 13, 2022

Via: ABC News

Natural gas prices rose Friday after Russian state-owned exporter Gazprom said it would no longer send supplies to Europe via a pipeline in Poland, citing new sanctions that Moscow imposed on European energy companies. The move doesn’t immediately block large […]