OPEC+ extends oil output cuts again through November – CNN
The Organization of the Petroleum Exporting Countries and its allies — the coalition of the world’s top oil producers known as OPEC+ — said Thursday
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German Factories Get Unexpected Demand Boost From Big-Ticket Orders – WSJ
Orders at German factories rose unexpectedly in July, adding to the previous month’s rise and offering a rare bright ray for the troubled manufacturing sector.
Nvidia has more than just billions of dollars in value to lose if its stock keeps falling – CNN
Nvidia, the nearly $3 trillion AI chip maker, is well known as a “golden handcuffs” employer. Expect long hours, screaming-match meetings, a CEO who believes
Lessons from the great inflation
The speech by Jay Powell, chair of the Federal Reserve, at the Jackson Hole Economic Symposium last month was as close to a paean of
PODCAST: At the Money: The Best Way to Buy a House
Buying a house in today’s climate can be challenging. Interest rates are near the highest level in 20 years. Housing inventory is near record lows.
How Immigration Remade the U.S. Labor Force – WSJ
The U.S. is experiencing its largest immigration wave in generations, driven by millions of people from around the world seeking personal safety and economic opportunity.
The Brutal Economics of Reaching Net Zero – Bloomberg
Last year, at the 28th annual United Nations Climate Change Conference, almost 200 countries pledged to help reach “net zero”—the point at which human civilization
As stock prices fall, investors prepare for an autumn chill – The Economist
Investors returning from summer holidays might feel dispirited upon checking their portfolios. Stocks have had a poor start to September. America’s benchmark S&P 500 index
Australian Economy Posts Weakest Growth Since Early 1990s – WSJ
Australia’s commodity-rich economy recorded its weakest growth momentum since the early 1990s in the second quarter, as consumers and businesses continued to feel the impact
Has Warren Buffett lost his touch? – The Economist
Warren buffett’s birthday present arrived early this year. On August 28th, two days before America Inc’s favourite great-grandpa turned 94, his bricks-to-motor-insurance conglomerate, Berkshire Hathaway,