The Long Island Rail Road’s nearly 10-mile-long third track through Nassau County is complete, officials announced Monday morning. Long Island planners had considered and debated the $2.5 billion effort for more than six decades before construction began in 2019. “This is the culmination of a long, long journey,” Governor Kathy Hochul announced at a news …
Nancy Davis and Lance Roberts provide insight into the bond market in ‘Making Money with Charles Payne.’ The US economic outlook is unraveling as fears of a recession mount, but at least one bright spot remains: the American dollarwhich accelerated to a new 20-year high this week. Risk aversion amid growing fears of a global …
The strongest US dollar in 20 years is a double-edged sword Read More »
Tesla (TSLA) reported record third-quarter vehicle deliveries on Sunday, but they were well below views. The report may reinforce concerns about demand, especially in China, as Elon Musk’s electric vehicle giant ramps up production capacity. X Shares of Tesla fell on Friday, undermining short-term lows but not yet breaking. Tesla delivered 343,830 EVs in the …
Tesla deliveries hit record but lose views amid demand concerns Read More »
OPEC+ considers cut of more than 1 million bpd: sources China emits largest share of oil products this year SINGAPORE, Oct 3 (Reuters) – Oil prices rose more than 3% in early Asian trading on Monday as OPEC+ considers cutting output by more than 1 million barrels a day for its biggest reduction since the …
Oil rebounds 3% as OPEC + assesses the biggest production cut since 2020 Read More »
ANZ sees a significant possibility of an OPEC+ cut of up to 1 million barrels per day Ahead of an OPEC+ meeting on Oct. 5, ANZ sees a “significant possibility of a cut” of up to 1 million barrels a day, analysts at the firm said in a note. That move is likely to be …
Asia-Pacific markets mostly down; Oil explodes before possible OPEC + supply cut Read More »
Traders on the floor of the New York Stock Exchange, September 7, 2022. Source: NYSE Stock futures rose slightly in overnight trading on Sunday after Wall Street closed another negative quarter and both the S&P 500 and the Dow Jones Industrial Average finished their worst month since March 2020. Futures linked to the Dow Jones …
Cuts could include voluntary reduction of Saudi Arabia The biggest cut since the reduction of the pandemic Oil fell due to Fed rate hike, weak economy DUBAI, Oct 2 (Reuters) – OPEC+ will consider an oil output cut of more than a million barrels per day (bpd) next week, OPEC sources said on Sunday, in …
OPEC + will consider oil cut of more than 1 million barrels per day Read More »
A US senator has introduced the “No Digital Dollar Act to prohibit the US Treasury and Federal Reserve from interfering with Americans using paper money” if a central bank digital currency is adopted. The bill further states: “No central bank digital currency shall be considered legal tender under section 16 5103 of title 31, United …
Washington D.C. CNN — Tesla on Friday unveiled a prototype of a humanoid robot that it says could be a future product for the automaker. The robot, dubbed Optimus by Tesla, walked stiffly on stage at Tesla AI Day, slowly waving to the crowd and gesturing with his hands for about a minute. Tesla CEO …
A Michigan cheese company with products in most large and small grocery stores in the state and across the country is recalling dozens of products due to possible Listeria contamination. Here is the information from the FDA: Old Europe Cheese, Inc. of Benton Harbor, MI is issuing a voluntary recall of its Brie and Camembert …