8 Stocks That Pop—or Drop—After Earnings – Barron’s
Earnings season is still going strong, with all its idiosyncrasies front and center. Generally stable stocks can go through a bout of volatility—and high-growth ones,...
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Energy groups must stop new oil and gas projects to reach net zero by 2050, IEA says – The Financial Times
Energy groups must stop all new oil and gas exploration projects from this year if global warming is to be kept in check, the International...
U.K. Jobs Market Gains More Than Expected as Lockdown Eases – Bloomberg
The U.K. labor market strengthened more than expected in April as the economy began to emerge from coronavirus restrictions. The number of people on payrolls...
Green assets are on a wild ride – The Economist
Green assets are on a tear. The prices of battery metals such as lithium and cobalt have surged by about two-thirds and a third, respectively,...
Covid expected to cost Britain £372bn, says National Audit Office – the Guardian
The government’s bill for tackling Covid-19 has risen by £100bn since the start of the year and now stands at £372bn, according to the independent...
Pandemic Hit Less-Educated Workers Hardest, Fed Survey Shows – WSJ
The economic fallout from the coronavirus pandemic was concentrated among minorities, women and workers who hadn’t finished high school, according to a new survey from...
The Credit Card Hustle by the Banks & the Fed Hits Rough Spot- Wolf Street
There has been a lot of commotion in banking and at the Fed about Americans having the temerity to pay down their credit cards –...
UK ‘faces labour shortage’ as Covid and Brexit fuel exodus of overseas workers – The Guardian
Britain’s employers are struggling to hire staff as lockdown lifts amid an exodus of overseas workers caused by the Covid pandemic and Brexit, industry figures...
Nasdaq Sees AI Shaping the Market of the Future. Here’s How. – Barron’s
Markets are changing, and fast. The tech revolution in finance is only picking up speed, and the Covid-19 pandemic has been a major accelerant. Retail...
Central banks seek out riskier assets for reserves in yield drought – The Financial Times
Central bankers who manage foreign currency reserves have been turning to new — and riskier — investments to compensate for the global collapse in bond...