Lessons learned in three rounds of Extreme E pay huge dividends in the Copper X Prix for Tanner Foust
To paraphrase the Grateful Dead, what a long, unique trip it’s been for Tanner Foust in his first season with the Extreme E series as he took his early season lessons to Chile to compete in the Copper X Prix. And he’s learned his lessons well. In February, McLaren...
US stocks slip deeper into a slump as Dow enters bear market
Stocks fell on Wall Street and put major indexes deeper into a slump as recession fears grow. The S&P 500 fell 1% Monday. The Dow Jones Industrial Average and the Nasdaq also fell. The losses were broad and included banks, health care companies and retailers. The British pound slumped...
Federal Reserve Bank rep says expect higher unemployment in 2023, more interest rate hikes
MINNEAPOLIS — There are plenty of economic concerns among Americans as of late, with rising interest rates and inflation still as high as many can remember. WCCO’s Erin Hassanzadeh talked with Abigail Wozniak, from the Federal Reserve Bank of Minneapolis, to help navigate this storm of inflation, rate hikes...
Solar Stocks Continue To Shine In Wider Market Selloff
Over the past two years or so, the clean energy sector has been a major laggard with investors giving it a wide berth. The iShares Global Clean Energy ETF (ICLN), a catch-all bet on clean energy, is trading 36% below its January 2021 all-time high after a major...
GLOBAL MARKETS-Wall Street waters choppy amid negative macro 'tsunami'
Portland Press Herald, Maine Suspect in Old Port shooting was out on bail for drug charges Sep. 26—The Westbrook man accused of shooting two people in Portland’s Old Port this month was out on bail for drug crimes at the time. Tyreese Vargas, 19, was facing nine charges in...
BaseNote Lets Fans Invest In Their Favorite Music Artists
A countless number of music artists struggle to fund the creation and promotion of their songs. For those that do, their ability exercise control over their work is limited by their dependence on record labels. BaseNote, founded by Michael Cieslak, Mick Wollman and Nic Dahlquist in February 2021, is...
Business Highlights: Europe's energy woes, Dow bear market
[view original post] FRANKFURT, Germany (AP) — Europe is staring down a winter energy crisis. Russia has reduced natural gas supplies as Europe supports Ukraine, and the continent’s ability to get through the winter may depend on how cold it is and competition from Asia. The lights of the...
Stock Market Today: Stocks Slump Amid FX Turmoil, Weak Bond Auction: Dow Tumbles Into Bear Market Slump
[view original post] Updated at 4:15 pm ET Stocks finished firmly lower again Monday, while the dollar extended its relentless march against its global peers, as investors retreated from risky global markets amid widespread disruption in currencies and increasing concerns of a near-term recession. An overnight slump in the...
Stock market slumps deepens as the Dow turns into a bear
[view original post] The Dow Jones Industrial Average became the last of the major U.S. stock indexes to fall into what’s known as a bear market Monday as the market deepened its slump amid growing fears of a global recession. The blue chip index fell 1.1%, while the S&P...
Dow Jones, S&P fall again, ending at lowest level of year
Wall Street stocks fell again Monday as major indices slumped to their lowest level of 2022 amid market fallout from central bank policy pivots to address inflation. “Financial markets are a mess,” said Oanda’s Edward Moya, alluding to turbulence in the foreign exchange markets that has boosted the dollar....