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Finance

Car Ownership is More Expensive Than Ever

Dec 22, 2023 at 09:56 | ZeroHedge

Thinking of buying a vehicle soon? Rising car ownership costs might cause you to think again. Owning a truck or car…

Eurozone PMIs "Paint A Disheartening Picture" Of The Economy

Dec 15, 2023 at 09:02 | ZeroHedge

On the heels of Christine Lagarde's more-hawkish-than-The-Fed comments yesterday, the European Union's economy appears to be deteriorating faster than anticipated. The Euro area composite flash PMI fell by…

Top Semiconductor Companies Control 98% of Global Market

Nov 24, 2023 at 07:42 | ZeroHedge

They’re in our phones, cars, planes, and even fridges. Semiconductor chips have become critical for the modern way of life, and the biggest semiconductor foundry companies…

Is Elon Musk’s Starlink Gearing Up for a Public Listing?

Nov 17, 2023 at 08:39 | ZeroHedge

Starlink, the satellite internet technology made possible by Elon Musk's SpaceX company, is preparing for an initial public offering as soon as the second half of 2024, according…

Economic Momentum Wanes in Eurozone as Borrowing Costs Soar

Nov 17, 2023 at 08:01 | City A.M

The European Commission has downgraded its forecasts for growth across the eurozone this year and next as economic activity in the bloc stumbles in the face of higher…

Used Car Market In Turmoil As Prices Collapse And Demand Wanes

Nov 10, 2023 at 07:21 | ZeroHedge

Auto research firm Cox Automotive - the owner of the closely followed Manheim price index - published new data this week for October…

China’s Central Bank Says Economy On Track To Achieve 5% Growth Target

Nov 09, 2023 at 08:39 | City A.M

China is anticipated to achieve its annual gross domestic product (GDP) growth target this year, with a focus on transitioning to a high-quality and sustainable expansion model, according…

Freight Broker Bankruptcies Loom As Debt Woes Persist

Oct 24, 2023 at 08:09 | ZeroHedge

On Wednesday, FreightWaves reported that Convoy was winding down operations. Earlier in the morning, I had started writing an article about liquidity issues…

Will ETF Progress Help Boost Bitcoin's Appeal As A Safe Haven Asset?

Oct 24, 2023 at 07:38 | City A.M

Bitcoin’s price continued to rise on Tuesday, heading higher on optimism about progress in the listing of a spot bitcoin exchange traded fund (ETF) in the US.

Can Ecuador’s New President End The Security Crisis And Rebuild The Economy?

Oct 20, 2023 at 07:13 | Matthew Smith

In a surprise development, center-right businessman Daniel Noboa defeated leftist lawyer Luisa González last Sunday to become Ecuador’s youngest-ever president. The election, triggered by incumbent president Guillermo Lasso’s decision to…

Rising Rates, Geopolitical Tensions, And Debt Maturities Create Risky Mix

Oct 18, 2023 at 06:47 | ZeroHedge

Many investors are warning of the risk of a debt crisis, but governments are ignoring all the signals. In an inflationary crisis, the government should reduce…

JPMorgan CEO Dimon: World Is Facing Most Dangerous Time In Decades

Oct 13, 2023 at 08:27 | City A.M

Jamie Dimon, chief executive of JP Morgan, said the early 2020s were shaping up to be “the most dangerous time the world has seen in decades” as the Wall Street…

Detroit's Auto Giants Reel As UAW Strikes Bite Hard

Sep 22, 2023 at 08:15 | ZeroHedge

One week ago, when previewing the three events that are about to slam U.S. GDP in the tail end of the 3rd and the 4th quarter (including the…

UK Infrastructure Investment Is Falling Behind

Sep 15, 2023 at 08:45 | City A.M

The UK has only been able to replace a third of public investment – and just an eighth of infrastructure investment – since leaving the European Union (EU),…

Hurricane Season Stirs Supply Chain Concerns For U.S. Shippers

Sep 11, 2023 at 08:36 | ZeroHedge

No one wants a hurricane to make landfall. Among nature’s most damaging events, hurricanes that hit land in the United States usually cause death, destruction and misery. They…

Germany Grapples With Unprecedented Trade Deficit Amid Russian Energy Crisis

Sep 08, 2023 at 08:41 | Felicity Bradstock

Germany is facing severe challenges as its manufacturing output drops, forcing it to import more goods, with strong economic repercussions. Much of this stems from Germany’s reliance on Russian energy,…

Beijing Unveils Massive $40 Billion Fund To Boost Chipmaking

Sep 08, 2023 at 08:37 | ZeroHedge

It looks as though the competition in semiconductors between the U.S. and China is only getting started. And hey, when it doubt: nationalize the industry! That…

From Boom To Gloom: China's Economic Momentum Dips

Sep 05, 2023 at 08:19 | ZeroHedge

Forecasts for China’s 2023 and 2024 economic growth have been slashed on Wall Street over the past few weeks. The world’s second-largest economy now risks missing Beijing’s own…

Shipping Woes Ease As Rates Drop To Pre-Pandemic Levels

Aug 30, 2023 at 08:22 | Stuart Burns

Via Metal Miner Buyers who depend on imports for semi-finished materials or finished components will undoubtedly cheer the recent fall in freight rates.…

Is Beijing Losing Control Of Its Economy?

Aug 29, 2023 at 08:36 | Metal Miner

Via Metal Miner Many speculate that China’s slowdown will not only undermine metal prices but also put China at risk of experiencing a…

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