Oil prices can be set for another sharp rise

Oil prices can be set for another sharp rise

It’s been a tough two weeks in the energy market. As potential investors in the energy company, we don’t regret seeing last weekend in particular. This is a general understatement. Near all negative sentiment – a recession, Fed tightening, dollar strength, China demand, inventory building, or what amounts to an entire oil price Closet of … Read more

Musk accuses the Saudi Electricity Company of illegally gagging him | Business and Economics News

Musk accuses the Saudi Electricity Company of illegally gagging him |  Business and Economics News

Musk needs to get pre-approval before tweeting about Tesla, a requirement he called a “government-imposed gag”. Securities regulators in the United States are illegally silencing Tesla CEO Elon Musk, violating his right to free speech with his ongoing attempt to force a 2018 securities fraud settlement, Musk’s attorney says in a court filing. The document, … Read more

Why does the British pound fall as the dollar rises? | Business and Economy

As the British pound fell in value, the US dollar rose higher. Against a tumultuous backdrop that includes the Ukraine war, price hikes and China’s coronavirus shutdown, sharp fluctuations in some of the world’s major currencies are injecting new uncertainty into the global economic outlook. Why is the British pound in free fall? The pound … Read more

Vancouver is poised to break the North American gas price record again: Analyst

gas prices Metro Vancouver is once again poised to break a record in North America, and analysts say geography and politics mean little chance of relief in the long run. “The gas will be 239.9 on Thursday and that will break an all-time record for any city in North America. It’s Vancouver,” said Dan McTeigh, … Read more

Thanks to a rare event, putting off the cost of a phone call until age 70 may not always be the best option

The Canada Pension Plan contains countless subtleties that can excite even experts from time to time. My usual advice, deferring CPP until age 70 to get the most out of the plan, doesn’t work in 2022, at least not for seniors approaching 70. Problem? Rising inflation coupled with modest wage gains. Currently, most older Canadians … Read more

Shopify unveils new point of sale hardware, expanding beyond its online platform

Shopify Inc. Unveiling a new point of sale technology, dubbed POS Go, which will be launched for the first time in the US this week and will expand to other countries in the coming months.Shopify / Charity Shopify Inc. Shop-T It unveils new hardware for brick-and-mortar stores in a bid to expand its retail network … Read more

Bank of England says to watch markets ‘closely’ after pound falls | Business and Economics News

The Bank of England said it would not hesitate to change interest rates and was watching markets “closely” after the pound plunged to a record low and British bond prices collapsed in response to the new government’s fiscal plans. Finance Minister Kwasi Quarting sent sterling and government bonds into free fall on Friday with the … Read more

5 things to know before the stock market opens on Tuesday, September 27

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, September 26, 2022. Brendan McDermid | Reuters Here are the most important news that investors need to start their trading day: 1. The stocks are trying to get rid of them again US stock futures It was destined to open … Read more

Alcohol and food prices – even holidays – will rise sharply as the Canadian dollar falls against the US dollar

As he sits at his desk and turns on his computer every day, the first thing Steve Bamford does is visit a currency exchange site. No, he is not in the realm of high finance. But these days, with the Canadian dollar declining, a seasoned wholesaler needs to keep an eye on where the currency … Read more

5 things to know before the stock market opens on Monday, September 26

Rafael Bostick in Jackson Hole, Wyoming David A Grogan | CNBC Here are the most important news that investors need to start their trading day: 1. A bad start for stocks Stocks are still a mess. The three main indicators It fell on Monday, indicating that last week’s problems will continue. On Friday, the Dow … Read more