Recent Tech IPO Stocks Soar at Unprecedented Rates
The US tech IPO market is blocked up by startups that are scared to go public. But if stocks are anything to go by, they have little to fear. PitchBook’s VC-Backed IPO Index rose 68% through Dec. 27 and is at its highest level in three years. A good chunk of that growth has been […]
Biden Shuts Down Government to Honor Jimmy Carter
Biden closes government in honor of Jimmy Carter Following the death of former President Jimmy Carter, President Biden on Monday signed an executive order closing all executive departments and agencies of the federal government on Jan. 9. The closures, which Biden described as a “mark of respect” for the 39th president, will be in effect […]
Deadlines for Broker Financial Regulations Postponed Amid Trucker Opposition
Broker financial rule deadlines delayed despite trucker opposition Owner-operators wanted broker rule enforcement to start next month. (Photo: Jim Allen/FreightWaves) WASHINGTON — The deadline for complying with major provisions of a rule aimed at protecting trucking companies against unpaid claims from brokers will be pushed back a year despite strong opposition from owner-operators. In a […]
Gold’s 27% Surge Shines in a Year of Mixed Results for Metal Markets
The varied performances over 2024 highlight the absence of a single, over-riding driver that’s steered the complex’s fortunes, while also putting the spotlight on how metals, both base and precious, may fare next year. For 2025, investors are focused on uncertainty around US monetary policy, potential frictions from Trump’s presidency, and China’s efforts to revive growth. Gold’s […]
Briefs: Employment Rates, Record Oil and Gas Sales, and New DCI Leadership
Briefs: Employment rate; Record oil & gas sales; New DCI leader State unemployment rate is below national averageJohn Hooks | Montana Public Radio Montana’s unemployment rate was 3.2% in November. That’s a full percentage point below the national average. According to the State Labor Department, November was the 41st consecutive month below 3.4%, continuing a […]
What Lies Ahead for the Canadian Economy in 2025?
Canada’s inflation rate has cooled, but the journey to economic recovery in 2025 remains fraught. Most notably, Donald Trump’s threatened tariffs and a devaluing Canadian dollar could continue to hinder the nation’s economic growth in the new year. The November Consumer Price Index report showed that while headline inflation of 1.9% was near the Bank […]
Critical Battery Raw Materials Face Supply-Demand Imbalance by 2030: McKinsey Report
Supply-demand imbalance looms for critical battery raw materials by 2030: McKinsey The burgeoning electric vehicle (EV) market is driving an urgent need for sustainable battery materials, and recent projections by McKinsey highlight both opportunities and challenges facing the industry. As the demand for batteries skyrockets, manufacturers are grappling with supply chain vulnerabilities, environmental sustainability pressures, […]