Tensions Rise Over Tariffs Within Trump’s Team
A battle is brewing over tariffs among Trump’s team CNN — President-elect Donald Trump is still pushing for universal tariffs on imports from overseas as his trade advisers are working to craft a strategy to translate his campaign pledges into policy, according to multiple people familiar with the matter. In private discussions, aides are still […]
Carvana Reestablishes Partnership with Ally Financial Following Hindenburg Report
Carvana Renews Ties With Ally Financial After Hindenburg Report Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. The yearlong arrangement, announced Monday (Jan. 6), comes days after a report by short seller Hindenburg Research claiming that Ally was stepping back from its partnership with the online vehicle […]
US Copper’s Revised PEA Projects After-Tax NPV Exceeding $1 Billion
The study envisions a mine life of 14 years, producing 903,000 tonnes of copper, plus 12 million oz. of silver and 63,000 oz. of gold. A majority of the production will come from mining the sulfide mineralization at Moonlight-Superior. US Copper CEO Stephen Dunn said the PEA, which a culmination of several years of planning, […]
6 Experts Weigh In on the Key Market Risks Facing the US in 2025
The new year will bring plenty of tailwinds for markets and the economy, but it will also carry risks. Here are six strategists and economists on threats to growth and markets they’ll watch in the new year, from sticky inflation to political uncertainty. “The risk I’ve been thinking more about is inflation,” says Marci McGregor, […]
Biden Bans New Offshore Oil and Gas Drilling in Most U.S. Coastal Waters.
Biden has prohibited new offshore oil & gas drilling in the majority of U.S. coastal waters. President Joe Biden is taking action to prohibit new offshore oil and gas exploration in most U.S. coastal waters two weeks before Donald Trump is set to assume office- with his promise to expand offshore drilling. In a final […]
Battery Metals Remain Positive Despite Q4 Decline
Battery Metals Bullish Despite Q4 Drop The Renewables MMI (Monthly Metals Index) recently experienced a sharp decline of 5.47% from December to January, reflective of the tumultuous landscape surrounding renewable energy materials and battery metals. Despite a bullish quarter in late 2024, demand downturns in China have adversely affected key metals like lithium and copper. […]