Congress demands stricter sanctions due to US company’s operations in Russia

Congress demands stricter sanctions due to US company’s operations in Russia

A bipartisan coalition in Congress is calling for the Biden administration to strengthen sanctions on Russia’s oilfield services industry, claiming that current regulations are allowing a major US company to support Vladimir Putin’s war efforts. The group has also requested clarification from the Treasury and State departments regarding transactions involving Houston-based SLB, formerly known as … Read more

World’s $100 trillion debt crisis continues to loom

World’s 0 trillion debt crisis continues to loom

“ Prior to the arrival of global finance leaders in Washington, the International Monetary Fund has already advised them to start tightening their budgets. With the US election just two weeks away and the recent global inflation crisis still fresh in everyone’s minds, ministers and central bankers gathering in Washington are facing increasing pressure to … Read more

Impact of elections and hurricanes on retail spending

Impact of elections and hurricanes on retail spending

A Macy’s store is visible at Herald Square on December 11, 2023 in New York City. Michael M. Santiago | Getty Images Although inflation may have slowed down, retailers are still facing a holiday season filled with uncertainty. Various unpredictable factors will impact consumer spending as they prepare for the holidays and search for the … Read more

Top economist advises where concerned investors should invest amidst stock market bubble concerns

Top economist advises where concerned investors should invest amidst stock market bubble concerns

Investors concerned about a potential market correction should consider making adjustments to their portfolios, according to economist David Rosenberg. He has been warning that stocks are currently in a bubble and could be at risk of a significant decline. To protect themselves from a potential market crash, Rosenberg recommends paying attention to key sectors and … Read more

Boeing employees to decide on proposed wage agreement to potentially resolve strike

Boeing employees to decide on proposed wage agreement to potentially resolve strike

“ By David Shepardson (Reuters) – Striking machinists at Boeing will vote on a new contract proposal on Wednesday, which includes a 35% pay hike over four years that could potentially end a costly strike that has been ongoing for five weeks, as announced by the company and union on Saturday. Approximately 33,000 of Boeing’s … Read more

Israeli airstrike results in 33 deaths in Gaza refugee camp while Hizbollah initiates rocket assault

Israeli airstrike results in 33 deaths in Gaza refugee camp while Hizbollah initiates rocket assault

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Over thirty people lost their lives in an airstrike on the Jabalia refugee camp on Saturday, as Israel continued its aggressive offensive in northern Gaza following the killing of Hamas leader Yahya Sinwar. According to … Read more

Prediction of the winner of the presidential election and keep an eye on the Trump trade

Prediction of the winner of the presidential election and keep an eye on the Trump trade

“ The Trump trade is making a comeback as recent polls show a shift in favor of the former president in the upcoming election. Due to the unique nature of the Electoral College, even small changes in presidential polls in a few key states could indicate a significant move towards either Donald Trump or Kamala … Read more

Boeing workers to vote on latest proposal that may bring strike to a close

Boeing workers to vote on latest proposal that may bring strike to a close

People are holding signs during a strike rally for the International Association of Machinists and Aerospace Workers (IAM) at the Seattle Union Hall in Seattle, Washington, on October 15, 2024. Jason Redmond | AFP | Getty Images Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal … Read more

Shaquille O’Neal Recalls Learning a New Word and Receiving Valuable Investment Advice from an Elderly Millionaire

Shaquille O’Neal Recalls Learning a New Word and Receiving Valuable Investment Advice from an Elderly Millionaire

Shaquille O’Neal has had a diverse career in business, entertainment, and investing, in addition to his successful athletic career. He hosts a show called “The Break” on his YouTube channel, where he engages in casual discussions with guests on topics like money management. Despite his success, Shaq didn’t always have a deep understanding of managing … Read more

Rebels murder two Mozambique opposition members before election demonstrations- Reuters

Rebels murder two Mozambique opposition members before election demonstrations- Reuters

Gunmen fatally shot a Mozambique opposition lawyer and a party official by firing multiple rounds at their car on Saturday, according to rights groups. This incident has heightened tensions ahead of planned protests against a disputed election outcome. The newly formed opposition party Podemos, along with its presidential candidate Venancio Mondlane, have rejected the preliminary … Read more