Investors are keeping a watchful eye on the stock market as a slew of big tech companies release their corporate earnings and new economic data is set to be revealed. Dow Jones Industrial Average futures dipped by 0.13%, while S&P 500 and Nasdaq 100 futures declined by 0.14% and 0.15%, respectively, as the earnings season … Read more
Rice production is set to experience its largest shortfall in two decades, leading to decade-high rice prices, according to Fitch Solutions. There are several contributing factors including the ongoing war in Ukraine, weather problems in rice-producing economies such as China and Pakistan, and rice being substituted for other grains due to their surging prices. The … Read more
The S&P 500 rose slightly on Wednesday, as Wall Street closely monitored the latest round of corporate earnings reports. Investors remained cautiously optimistic as major companies continued to release quarterly figures, with some showing signs of a strong recovery from the pandemic. This live update article provides real-time coverage of the market movements and highlights … Read more
As rampant urbanization continues to encroach upon natural resources, water scarcity has become an increasingly pressing issue in urban areas all around the world. While climate change and other environmental factors are often cited as primary culprits, a new study is pointing the finger at another source of water depletion: the extravagances of the world’s … Read more
A recent survey conducted by the Pew Research Center has found that most Americans are not confident in how China’s top leader, President Xi Jinping, will handle world affairs. The survey, which was conducted in June and July of this year, also looked into American perceptions of China as a global superpower and its impact … Read more
Ford Motor Company has announced its plans to invest a whopping $1.3 billion in building an electric vehicle (EV) manufacturing hub in Canada. The move is part of the company’s efforts to ramp up its global electric vehicle production, increase its line of low-emission vehicles, and bolster the economy in Canada. The investment will be … Read more
In the face of economic uncertainty and a slowing global economy, Bitcoin has broken another record, passing the $30,000 mark on the CNBC Daily Open. As the COVID-19 pandemic continues to ravage the world and governments struggle to contain its impact, many investors are turning to the decentralized digital currency as a way to hedge … Read more
As we approach the midpoint of the year, the financial world is bracing itself for key inflation data and the beginning of earnings season. The stock market, which has been on a rollercoaster ride in recent months, appears to be surprisingly stable in the midst of these crucial economic indicators. Investors and traders alike are … Read more
Oil prices have been relatively steady in recent weeks as investors continue to weigh tighter supply conditions against concerns about global economic growth. OPEC+ has been successful in reducing production levels to support prices, but rising COVID-19 cases and renewed lockdown measures in some countries have cast doubt on the pace of demand recovery. At … Read more
Delhi police have filed an 800-page chargesheet in the Kanjhawala hit-and-run case after three months and 120 witness statements. The chargesheet outlines the alleged involvement of five people in the accident which led to the death of a 23-year-old man in December 2020. The accused have been charged with culpable homicide not amounting to murder, … Read more