by Bloomberg.com | May 12, 2024 | alerts, Markets/Economy
Companies are ready for a recession that never seems to come Earnings surprises are on pace for their best level since 2022 North America’s largest companies are on track to post their best quarterly earnings relative to expectations in at least two years, as they’ve...
by Bloomberg.com | May 11, 2024 | alerts, Markets/Economy
Credit contracts as government bonds record net repayment Shadow banking credit shrinks in sign of risk prevention: JLL China’s credit in April shrank for the first time as government bond sales slowed, while loan expansion was worse than expected in a sign of weak...
by Bloomberg.com | May 11, 2024 | alerts, Markets/Economy
China’s consumer inflation quickened in April, holding above zero for a third month, while industrial prices extended a long decline that highlights weak demand in the economy. The consumer price index rose 0.3% from a year earlier, the National Bureau of Statistics...
by Bloomberg.com | May 9, 2024 | alerts, Markets/Economy
Startups and governments are testing everything from kamikaze satellites to robotic grappling arms. A satellite the size of a milk carton may show a way to prevent Earth’s neighborhood from turning into a junkyard. The Nimbus, scheduled to soar on an Elon Musk rocket...
by Bloomberg.com | May 9, 2024 | alerts, Markets/Economy
Southern states see jump in share of very underwater homes A dozen states have at least 2,500 more than last year: ATTOM Roughly one in 37 homes are now considered seriously underwater in the US and that share is much higher across a swath of southern states,...
by Sprott.com | May 8, 2024 | alerts, Markets/Economy
With powerful magnetic and conductive properties, nickel has rapidly graduated from an industrial metal in stainless steel to a critical mineral essential to electric vehicle (EV) batteries. As nations incentivize EV adoption and manufacturers increase production,...