Microsoft CEO Satya Nadella said to his colleagues and board members last year that the software firm plans to hit the $500 billion mark by […]
Author: albert
OPEC says the need for oil will reach 110 million barrels a day in 2045
Global oil demand will climb to 110 million barrels per day in about 20 years, causing the world’s energy needs to increase by 23%, according […]
Cramer advises Wall Street to focus on the aerospace industry, particularly RTX.
CNBC’s Jim Cramer said on Wednesday he believes Wall Street is not closely monitoring RTX, an aerospace and defense firm. Raythorn Technologies’ rebranded version, RTX, […]
Trim your portfolio and resist getting greedy, advises Cramer: “After a big run, it is OK to take something off the table.”
Investors were warned by Jim Cramer of CNBC on Wednesday that while bulls and bears profit, hogs are butchered. While the Federal Reserve considers its […]
Microsoft will pay $20 million to settle US charges of violating the privacy of children.
Microsoft will pay $20 million to resolve FTC claims that it improperly acquired sensitive data from children without their parents’ approval, the FTC announced on […]
IMF developing platform for global central banks’ digital currencies
According to IMF Managing Director Kristalina Georgieva, the International Monetary Fund is developing a platform for central bank digital currencies (CBDCs) to allow transactions between […]
Republican House retirement fund legislation targets ESG investing
House Republicans are keeping up with their efforts to pump the brakes on so-called “woke” investing with fresh legislation that could impose restrictions on financial […]
According to the IMF’s chief, there is no significant slowdown in lending, and the Fed may need to do more.
The IMF has yet to view adequate banks pulling back on lending that would impact the U.S. Federal Reserve’s decision to modify its path with […]
Layoffs increase in May as U.S. weekly jobless claims increase only modestly.
The number of Americans filing new jobless claims grew slightly last week, indicating that the labor market remained tight despite mounting worries of a recession […]
Oil declines after a significant surprise increase in US crude stocks
Oil prices fell in early trade on Thursday for the third consecutive session as data showed an unexpectedly significant gain in US oil storage last […]